Quote on GDP Data by Mr. Vivek Rathi - National Director Research, Knight Frank India
Below the Quote on GDP Data by Mr. Vivek Rathi - National Director Research, Knight Frank India
"India’s Q1 FY27 GDP growth of 7.8%, following revised growth of 8.6% in Q4 FY26, underscores the resilience of the economy despite continued geopolitical uncertainty. Growth remained broad-based, with manufacturing expanding 9.2% and the services economy continuing to perform strongly. Financial, Real Estate, IT and Professional Services grew 12.1%, highlighting the growing importance of services and real estate-linked activity."
"The investment cycle also strengthened, with Gross Fixed Capital Formation rising 11.9%, while private consumption grew 7.1% and construction 7.7%. For real estate, this combination of strong services, investment and domestic consumption provides a supportive backdrop for residential, commercial and industrial markets through FY27."
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