The Indian residential property market reached record highs in the March quarter due to steady economic circumstances and buyer confidence. JLL India reported record residential sales despite increased borrowing rates and property costs.

Despite rising interest rates over the last 18 months, asset quality has improved in the Indian home financing market. Rising incomes have offset greater monthly payments, ensuring stability.

The Mumbai property market is showing unprecedented resilience and buoyancy, defying the norms of economics and continuing its upward trajectory, even amidst rising interest rates and property prices.

Recent increases in real estate prices and mortgage interest rates have alarmed many prospective homeowners. Wondering whether your home buying plans are feasible or must you delay it for another year?