Growth of Real Estate in Pandemic

Portfolio optimization and hybrid running are expected to be the major concerns moving forward, pushed by way of extra demand from IT/ITes corporations and the rebond of bendy workplace operators.

In the residential sector, strong quit-person interest is expected, boosted utilizing government stimulus and incentives from builders, ensuring buoyancy. The warehousing phase, which was risk cautious during the epidemic, will keep the rise run charge pushed through by way of demand from e-trade and third-party logistics participants.

Despite the epidemic, the real estate sector performed well in 2021, with categories such as residential outpacing others. The pandemic’s disruption is gradually settling, and the real estate market is expected to regain its rhythm over the next three quarters, albeit the dangers of the new version are well contained with a limited interruption in the early part of the new year. If we can maintain this pace, the real estate sector will enjoy a reasonable recovery to match or perhaps exceed pre-pandemic levels.The major results of this report show 2022 trends and dynamics in a variety of Indian real estate categories.

• Many of the supply and demand-side factors that have been researched over the last decade have started to exert upward pressure on housing prices. Residential income growth is likely to continue in 2022, as potential homeowners are attracted to larger residences, greater facilities, and more appealing pricing.
• In 2022, the residential phase will see the fifth wave of price increases.
• The Top five IT companies’ incremental requirement for office space is expected to reach 11.67 million square feet over the next one to two years, based on strong recruiting in the previous eighteen months.
• The Indian Data Centre market now houses an estimated 445 MW of critical IT capability, and with a good-sized approx. 290 MW addition in 2022, the total amount will rise as high as 735 MW by the end of next year.
• The resilience of Indian REITs during the epidemic and their growing reputation with retail investors would help pave the way for other industrial real estate REITs.
• About 193 MW of India’s cutting-edge 445 MW statistics center capacity is located in Mumbai. Mumbai’s total capacity is expected to be 1,006 MW, with 258 MW in production and 555 MW in various stages of development.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.