Mr. Rohit Gera, Managing Director, Gera Developments on year-end real estate story

Mr. Rohit Gera, Managing Director, Gera Developments

“2023 has been a very strong year for residential real estate in India. This has been fuelled primarily by greater affordability. This is evident from the demand shifting to larger-sized homes as well as the increase in prices across the board. The wider outlook for 2024 continues to look strong. This may be affected in pockets where the current boom leads to excessive price rises or over supply.”