ICRA sees residential sales dip 0–3% in FY26 amid affordability pressure
A material rise in the average selling prices (ASP) of residential units by more than 10% annually from FY2023 to FY2025 continues to pose a drag on affordability of buyers.
FY26
New housing project launches to rise 6-9% in FY26: ICRA
The launches are estimated to have sharply declined by 14-17% in FY2025 due to approval-related challenges, after reporting the highest ever at 701 msf in FY2024.
EY projects India’s real GDP growth at 6.5% for FY25 and FY26
The EY Economy Watch also highlights the importance of reforming India’s fiscal responsibility framework to achieve the Viksit Bharat vision by FY2048.
