Lok Sabha Elections 2024: Will Housing Market Reach A Milestone This Year?

Trends observed during the past two Lok Sabha election years, 2014 and 2019, indicate a notable correlation between residential real estate and general elections in India. Anuj Puri, Chairman, ANAROCK explains that the period surrounding Lok Sabha polls often witnesses significant spikes in housing sales, reaching unprecedented peaks. Puri suggests that the emergence of a robust and stable government following the polls tends to boost housing sentiment, thereby contributing to the uptick in housing prices.