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Akasa Air, India's newest airline backed by Rakesh Jhunjhunwala, is facing significant operational challenges due to delayed deliveries of Boeing 737 MAX aircraft. With 27 planes currently in operation and 226 on order, executives have expressed frustration over the lack of aircraft, which has led to idle pilots and operational stress. Boeing's delivery issues stem from regulatory scrutiny and production slowdowns, impacting not only Akasa but also other airlines globally.
The Indian real estate sector is poised for significant growth, according to UBS, which highlights strong fundamentals such as affordability and favorable inventory-to-sales ratios. Despite rising property prices, the market remains under-penetrated, with robust demand in mid-segment housing and a lag in affordable housing due to supply constraints. The analysis suggests a structural growth trajectory rather than a temporary recovery, driven by increasing wealth and interest in larger homes.
UBS's Gautam Chhaochharia asserts that the Indian real estate market is far from its peak, driven by strong fundamentals like affordability and favorable inventory-to-sales ratios. While premium housing is gaining momentum, the affordable segment faces supply constraints, yet mid-segment housing shows robust demand. The sector is viewed as a structural growth opportunity, supported by increasing wealth and a shift towards larger homes.
Rakesh Jhunjhunwala
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Boeing delivery delays strain operations at Akasa Air amid growing frustrations
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08:39 20.03.2025
Indian Real Estate Market Poised for Growth Amid Strong Fundamentals
15:18 16.12.2024
Indian real estate sector poised for growth despite rising property prices
15:18 16.12.2024
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