BENGALURU — Real estate prices in India have the potential to outpace wealthier Asian economies as urbanization and economic growth spur home sales, but this could put new homes out of reach for many Indians, says a top executive at consultancy Knight Frank.
“If you make the assumption that government policies will continue to encourage economic growth, then this is a place that will outperform [other Asian countries] in terms of residential and commercial property prices,” Liam Bailey, head of global research at the London-based company, told Nikkei Asia.
