With sellers controlling the market, inventories declining, and demand being strong, Nifty Realty has outperformed all other major sectors indices this year, rising more than 55 percent. High-earning salaried people and capital market wealth creators are scurrying to include top real estate assets in their portfolios.
According to analysts, the demand for real estate equities has increased due to this growing interest, and the stock’s continuous rise has brought it to the point where investors may start to question values.
The rise in luxury housing has been the story of real estate equities, while the commercial sector has underperformed as a result of the slowdown in startup investment and the “higher-for-longer” interest rate environment.
According to equity statistics, the average ticket size of a house has increased by 50% since COVID-19, and the percentage of premium/luxury housing has increased from 60% in the pre-COVID FY20 to 75% this year.