According to the World Bank, India ranks at 63rd among 190 countries, and the ranking is anticipated to improve further in the coming years backed by progressive government policies. Meanwhile, the real estate sector has shown remarkable resilience despite the bearish phase of the economy. Below is a lowdown of how the real estate story unfolded in 2019:
According to the report titled “The Herald of a New Chapter: Student Accommodation in India”, the Student Housing/Co-Living space is expected to witness an investment worth USD 700 million and an addition of 0.6 million beds by 2023 across the country. The Student Housing segment is witnessing rapid growth across all the major markets in the country and expected to witness a growth of 36 percent between 2019 to 2023.
Bottom Line: After no reduction in repo rate, the homebuyers…
News Point: Approximately 2 mn. sq. ft. of warehousing space…
News Point: CBRE has appointed Raka Khashu Razdan as the…
Bottom Line: Following a strong fourth quarter of 2015, the…
Bottom Line: After regulator, rate cut is another confidence booster…
Bottom Line: As India’s technology sector expands its horizons, Bangalore…
Bottom Line: The New Model Building By-laws (MBBL) promises to…
Bottom Line: The global investor survey conducted among CBRE clients…