4. Stable and considerable corporate profits;
5. All are gambling Modi to be re -elected;Ahmedabad Stock
These are right, but now, many people seem to ignore an important reason: such as inflation.
From 1990 to 2022, the Indian stock index increased by about 66 times; the amount of currency issued increased by 93 times; the GDP for US dollars was only about 9 times.
But no matter what, A San is no longer A San.
Today, India, the total population is the world’s first, the total market value of the stock market is the world’s fifth, GDP is the fifth global. Who dares to shout any again?
It also predicts that India’s GDP will reach US $ 4105.38 billion in 2024, and Japan and Germany’s GDP last year in front of it were $ 4 trillion.
Some experts say that India’s GDP surpasses Japan and Germany and rushes to the third largest economy in the world, and will be realized within 5 years.
You see, in the past, the third brother of Ah San changed, and now San Ye has the momentum!
India is terrible that not only the stock market is rising, but the property market is also skyrocketing!
The most amazing part of this country is that the thieves with low income and rising house prices are fast.
In the past ten years, housing prices across the country have risen by about 15%each year.
From 2009 to 2018, House prices in India increased by 2.35 times, with an annualized growth rate of about 15%.
Even in 2023, the average increase in house prices in India can still reach 15%.The increasing increase of the financial market is between 10%-24%, of which the average residential price of Haidrababa has the highest annual growth rate at 24%. This year, it reaches about 5,750 rupees per square foot.Kolkata Wealth Management
Among them, Mumbai is the most powerful, and house prices have skyrocketed to 8th!
In the past 30 years, Mumbai’s house prices have skyrocketed 600 times.
In 2023, Mumbai’s house prices were as high as 75,000 yuan, ranking 8th among the global cities, and the average price of Beijing, Mumbai, and Shenzhen was higher.Simla Stock
But the per capita monthly income of Mumbai is only over 1,000 yuan.
Looking at sales, the sales of the Indian property market soared 48%last year!
In 2023, Indian residential sales reached 3.47 trillion rupees (US $ 42 billion), a record high, a stronger increase of 48%year -on -year.
2022 is a high point, and a new high in 2023.
Looking at the picture, the housing sales in the top 8 cities in India in 2022 hit a 9 -year high.
Varanasi Stock