India’s property market is ready for take-off
A clean-up by Narendra Modi’s government shows signs of success
A visitor does not have to look far for signs of India’s property resurgence. Cranes dot the skylines of Delhi, Hyderabad and other cities. In Bandra, a swish suburb of Mumbai, more than 100 buildings are being redeveloped. Across the country, the number of new projects has hit a level last seen in 2012. Pre-sales by big developers are rising at double-digit rates.
This article appeared in the Finance & economics section of the print edition under the headline “Towering ”
From the September 16th 2023 edition
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