The integrated structure of the numerous projects makes it simpler for consumers to access all services swiftly, according to Indian real estate experts, who believe that the GatiShakti Plan would increase infrastructural connectivity and reduce commuting times.
Indian Real Estate Industry 2022 | Will Omicron Stop The Growth? – India’s real estate industry, which was heavily damaged by Covid-19, is now picking up speed and heading towards a robust recovery.
In terms of gross office space demand, Hyderabad surpassed Bengaluru as India’s top CRE destination during the July-September quarter. According to real estate experts, Hyderabad emerged as one of the most resilient cities following an average performance in the second quarter of 2021.
As the Indian real estate market shows signs of returning stability, Bangalore, Chennai, and Hyderabad have taken the lead in Commercial real estate. As Mumbai and Delhi NCR witnessed a rise in demand for residential properties.
REITs, in comparison to direct real estate investments, allow investors to make affordable investments by purchasing highly liquid shares of the property. The income tax norms also provide reit investors with indexation benefits and much more.
Residential real estate property in Mumbai hit its highest recorded sale in India, in the past 10 years, in July 2021. A substantial reason for this are millennials, whose reaction to the pandemic highlighted the change of mindset.