Sales growth in residential sector to dip to 5-7% in FY27
NEW DELHI: The residential real estate market in India is set to experience a slowdown in growth in FY27, following a strong rebound post-pandemic. Sales are projected to increase by 5-7% year-on-year, predominantly driven by value growth in the premium and mid-market segments, as per a whitepaper released by India Ratings & Research (Ind-Ra) in collaboration with ETRealty at ETRECA 2026 on February 25 in Mumbai. After a significant expansion during FY23-FY25 and a steadier FY26, the sector is entering a consolidation phase, with high price levels and a strong base effect anticipated to dampen growth rates. Ind-Ra predicts total…