India’s property market is ready for take-off

India's property market is experiencing a resurgence, with new construction projects and rising pre-sales by big developers. Narendra Modi's government's clean-up efforts are paying off, leading to increased confidence in the market.

September 15, 2023 . 6:22 AM

1 min read

India's property market is showing signs of resurgence.
Cranes are visible in cities like Delhi and Hyderabad, indicating new construction projects.
Pre-sales by big developers are rising at double-digit rates.
Modi's government clean-up efforts after the property crash in the mid-2010s are starting to pay off.
Developers with plausible claims to fulfill projects have seen their valuations soar.