Positive economic indicators, together with inventory market recovery and job alternatives, sign heightened demand in housing societies and commercial property. A pivotal shift in 2023 saw NRI investors redirecting focus from residential to Grade A commercial real estate, with an anticipated 9.2% CAGR progress Real Estate News between 2023 and 2028. Higher-value property registrations and an augmented stamp obligation price are famous as contributing factors. Knight Frank India, an actual estate consulting firm, supplied insights into the rising share of registrations for properties valued at Rs 1 crore and above.

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