As we approach 2025, India's GDP growth for FY2024-25 is expected to be between 6.5-7.0%, despite a slower-than-expected Q2 growth of 5.4%. The economy is projected to recover quickly, supported by anticipated interest rate cuts and lower inflation. Inflation is expected to moderate with the CPI forecasted to be 4.8% by March 2025. Given the favorable inflation forecast, the RBI is likely to start cutting rates in early 2025, boosting consumption and investment. Both consumer and business confidence indices remain strong, driven by positive employment and income growth.
However, India’s economic growth does face risks from external factors such as geopolitical tensions, oil price shocks, climate impacts on food prices, prolonged high interest rates, and potential changes in trade practices under the newly elected Trump administration in the USA.
The Outlook 2025 report from Cushman & Wakefield India Research aims to provide our clients with insights on market movements and conditions in the coming years. Read our report for a comprehensive review of the past year's performance and the outlook for 2025 across various real-estate asset classes: office, retail, residential, industrial and warehousing, data centers, and the investment sector.
Read our latest report on ‘Outlook 2025’ here.
