In 2019, the real estate sector is expected to grow across all its sub-sectors—residential, commercial, affordable, and warehousing
EXPERTS ARE GUNG-HO ON THE REALTY SECTOR as we enter 2019. And they have solid reasons to be so. Their confidence stems from several sources such as data analysis of existing inventory, their delivery, recent launches and the overall signs of positivity. Many experts see strong demand driving the residential sector in 2019. Based on hyper activity among the e-commerce players, the demand for modern warehousing space is also expected to increase many folds this year while the demand for commercial space is going to hold steady, which is a positive for the sector, point out experts.
“The overall supply volume in the residential category is expected to be 10-15 per cent higher than 2018 levels. While pricing in key cities such as Delhi and Mumbai will be largely stable, it may see some upward shift in select markets such as Bangalore, Chennai and Hyderabad,” says Anshuman Magazine, Chairman, India and South East Asia, CBRE, a leading consultancy firm. “Additionally, with a largely stable policy environment, we can expect stronger recovery in the housing market in 2019,” he further adds.
As of 30 November 2018, India witnessed $5.1 billion worth of investments in the real estate sector with a bulk of the private equity investments taking place in the commercial sector. “It is worth mentioning that PE investment in commercial real estate extended beyond metros and Tier 1 towns,” says Magazine.
Bu hikaye Businessworld dergisinin December 8, 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Businessworld dergisinin December 8, 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.
Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more
A WELL-GREASED MACHINE
The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh
Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.
