Market Overview Strong Growth: 2023 saw a significant rise in new launches and home sales in the Indian real estate market, a trend expected to continue in 2024. Stability: The market has shown resilience despite economic volatility, maintaining investor confidence. Key Trends 1. Shop-cum-Offices (SCO) in Commercial Real Estate o Growth: Immense growth in SCOs, particularly in Gurugram, NCR. o Benefits: Longer leases, higher income, and consistent cash flow for investors. 2. Digital House Hunting o Shift Online: Increased use of digital platforms for home bookings, virtual tours, and transactions. o Convenience: Home loans and lease agreements can now be processed online. 3. Sellers' Market o Demand vs. Supply: Rising demand with limited housing supply. o Impact: Higher property prices, with buyers willing to pay premiums.