15-12-2023 05:21 PM | Source: PR Agency
Year-End Quote By Mr Shrinivas Rao, Vestian
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Below the year-end quotes By Mr Shrinivas Rao, FRICS, CEO, Vestian
“Despite an uncertain start to the year 2023, the Indian economy and more so, the real estate sector performed well. Government’s infrastructure push increased domestic demand, corporates’ back-to-work strategies, and rise in e-commerce kept the real estate market buoyant during the current year.
Rapidly changing real estate dynamics in the current year are likely to take shape as markets stabilize in 2024. Furthermore, tier-2 cities are likely to see increased traction on the back of affordability, abundance of local talent pool, and a robust pipeline of planned infrastructure projects. The future of Indian real estate sector is promising with a core focus on sustainability and innovation.”
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