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Lok Sabha elections 2024: Will the housing market create another peak in 2024?
Updated On: 22 March, 2024 12:01 PM IST | Mumbai | Ronak Mastakar
ANAROCK Group`s analysis reveals a strong correlation between the Lok Sabha elections and India`s residential real estate market - with a surge in real estate activity during the past two elections (2014 and 2019).
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India`s residential real estate market, which has historically demonstrated a remarkable link with election cycles, comes under scrutiny once again as the country prepares for another round of general elections.
General elections and residential real estate appear closely linked – at least, that is what the previous two election years’ data trends indicate. There is a striking correlation between Lok Sabha elections and India`s residential real estate market, according to an analysis by ANAROCK Group. Data from the past two elections (2014 and 2019) shows a surge in residential real estate activity.
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