Helping Realizing Unrealistic Infrastructure Dreams
India and its real estate prospects are mesmerizing, given the expansively broad area it covers, segmented as Residential, Commercial(Office,Retail, Hospitality), and Industrial. No doubt there was a downturn during COVID-19 pandemic prevalence with certain restrictions levied, but the sector is being is well complemented by the demands created by the corporate sector and the demand for office space, urban and semi-urban accommodation.
Furthermore, it’s the increasing non-resident Indian (NRI) investment- both in the short term and long term, being made by the prospective HNIs who are propelling the real estate market’s growth exceedingly now. Especially the IT hubs and developing cities across the nation, who are the hotspots of the Real estate market’s growth, and some such cities are Bengaluru, Pune, Delhi, Ahmedabad, Dehradun, and more. According to Mordor Intelligence’s, Indian Real Estate market analysis, the Real Estate industry In India is estimated at $265.18 billion in 2023, and is expected to advance further to touch $828.75 billion by 2028, growing at a CAGR of 25.60 percent. Ahmedabad's residential real estate market healthy growth observed through launch of 6194 units in Q2 of 2023 is a testament to this growth. The city’s mid-segment contributed to around 55 percent of the launches, while the Northern corridor (GIFT City, Peripheral North, and North) provided approximately 50 percent of the launches. Not to miss, Kolkata property market demand also holds a major share in this, with the city maintaining an upward trajectory. The demand-supply dynamics in major areas in Kolkata have been consistently strong, and this attributes huge buying desire among many prospective buyers. Ensuring a high-quality lifestyle Coimbatore real estate market also marches ahead with high-rise demands in its best residential properties. Well, providing the much needed infrastructure for India's growing needs respective of retail, hospitality, and commercial, there are many key leaders dynamically accelerating the real estate sector today. Through our current edition, ‘Real Estate Special - 2023’ we are acknowledging some key Real Estate market leaders in Ahmedabad, Kolkata, Coimbatore, and more. Read to know more about them.
Do read through and let us know what you think!
Furthermore, it’s the increasing non-resident Indian (NRI) investment- both in the short term and long term, being made by the prospective HNIs who are propelling the real estate market’s growth exceedingly now. Especially the IT hubs and developing cities across the nation, who are the hotspots of the Real estate market’s growth, and some such cities are Bengaluru, Pune, Delhi, Ahmedabad, Dehradun, and more. According to Mordor Intelligence’s, Indian Real Estate market analysis, the Real Estate industry In India is estimated at $265.18 billion in 2023, and is expected to advance further to touch $828.75 billion by 2028, growing at a CAGR of 25.60 percent. Ahmedabad's residential real estate market healthy growth observed through launch of 6194 units in Q2 of 2023 is a testament to this growth. The city’s mid-segment contributed to around 55 percent of the launches, while the Northern corridor (GIFT City, Peripheral North, and North) provided approximately 50 percent of the launches. Not to miss, Kolkata property market demand also holds a major share in this, with the city maintaining an upward trajectory. The demand-supply dynamics in major areas in Kolkata have been consistently strong, and this attributes huge buying desire among many prospective buyers. Ensuring a high-quality lifestyle Coimbatore real estate market also marches ahead with high-rise demands in its best residential properties. Well, providing the much needed infrastructure for India's growing needs respective of retail, hospitality, and commercial, there are many key leaders dynamically accelerating the real estate sector today. Through our current edition, ‘Real Estate Special - 2023’ we are acknowledging some key Real Estate market leaders in Ahmedabad, Kolkata, Coimbatore, and more. Read to know more about them.
Do read through and let us know what you think!
