Pan-India real estate presents a mixed bag, with Mumbai and Pune outperforming while NCR and Bengaluru show signs of fatigue. High-end projects in Mumbai, particularly Worli Sea Face, are seeing transactions exceeding ₹200,000 per square foot. Experts anticipate that softening interest rates and the Pradhan Mantri Awas Yojana 2.0 will revitalize the affordable housing segment.
Asian stocks advance as Fed’s rate cut lifts mood
Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future.