India’s housing market stays resilient as festive demand varies across cities

Traditionally, the real estate sector is heavily dependent on festive sales, with about 30%-35% of annual sales taking place in the October-December quarter. Activity typically picks up during the festive months of October and November.

But this time, the market has entered the festive period against a more challenging macroeconomic backdrop. Diwali decor ideas | What fashion designers are putting in their homes this season Diwali decor ideas | What fashion designers are putting in their homes this season Forget the predictable festive makeover.

David Abraham, Anavila Misra, Payal Khandwala and others share the objects, fabrics and details they turn to when decorating their homes Diwali decor ideas | What fashion designers are putting in their homes this season storyline Geopolitical uncertainty and tighter liquidity can weigh on buyer sentiment, while the Reserve Bank of India’s 25-basis-point repo rate hike to 5.50% on October 7 signals a shift towards monetary tightening. Higher borrowing costs may influence affordability, particularly among interest-rate sensitive buyers.