Despite a cautious start, 2023 will likely turn out to be a strong year for India's real estate sector, displaying resilience across asset classes. Commercial real estate demand is set to match or surpass 2022 leasing records, with technology, financial services, engineering, manufacturing, FMCG, and healthcare sectors driving activity. Residential real estate is outperforming 2022, anticipating 20-30% higher sales, while industrial and warehousing sectors continue to grow.
