Indian housing market shows slowdown immunity, Godrej chairperson says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2025
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Source: Reuters
India's Housing Market Resilience: Despite an anticipated economic slowdown, Godrej Industries Group Chairperson Nadir Godrej believes that the housing market in India will remain stable, with house prices expected to rise due to demand from wealthy individuals.
Impact of Inflation on Middle Class: The middle class in major Indian cities is facing reduced spending power due to persistent inflation, which may hinder property ownership for many, although the rural economy is reportedly improving.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
