US EditionIndia Ratings expects housing sales momentum to continue, clock nine per cent growth in FY24
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India Ratings expects housing sales momentum to continue, clock nine per cent growth in FY24
India Ratings and Research has revised the outlook for the residential real estate sector to neutral from improving for 2023-24, as it expects the market to absorb recessionary and inflationary pressures. The agency predicts an increase in housing sales of 9% on-year during 2023-24, with tier II and III cities likely to report significant growth.
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