Residential sales in top cities expected to witness double-digit growth

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Residential sales in top cities expected to witness double-digit growth - Business Standard

Quick Summary:

This is driven by a change in the product mix with a higher share of luxury units and pricing flexibility arising out of healthy sales and the resultant lower inventory overhang.

Anupama Reddy, co-group head and vice president, corporate ratings, ICRA, said, “With epic sales and low leverage, the dream run continues for residential real estate players.

Leverage is estimated to remain comfortable as of March 2025, despite the expected increase in gross debt levels, supported by healthy cash flows.