Residential Sales to Maintain Steady 10–12% Growth Path: CRISIL Ratings

India’s residential real estate sector is set for stable 10–12% growth over the next two years as demand rebounds, driven by lower interest rates and a rising preference for premium homes. While inventory is likely to inch up, developers’ strong collections and deleveraged balance sheets will help maintain healthy credit profiles, according to CRISIL Ratings.

Q1 2023-end Housing Inventory Down to 20 Months from 42 Months in 2018

The lowest inventory overhang in last five years; in Q4 2020, it…