India: Property Sales Are Booming

🇮🇳 🇮🇳 India’s property sales are booming, with some 86,345 units sold in eight major cities during the first quarter of 2024, nearly the most in six years, according to Knight Frank India data. That’s on pace to beat out 2023, when 330,000 units changed hands, the most in a decade. Prices have risen 26% since 2020, according to Anarock, creating an environment where DLF, a top builder, can say its unbuilt luxury high-rises sold out in 72 hours in January and nobody bats an eye

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