Indian Realty Outlook - Demystifying Future Growth Opportunities in the Residential Sector

As COVID-19 recedes into the background, the transformation wrought by it has come steadily into focus. As we enter a new era of real estate, growing digitalisation and ever-changing consumer and occupier needs would shape the future of this industry. To map out this transformative journey, CBRE evaluated how the residential sector is reacting and responding to these changing times. Below are our key observations:

• Sales and new launches remained firmly on growth trajectory despite a rise in construction costs as well as the RBI’s monetary tightening measures.
• 2022 expected to be a strong year for the sector, with both sales and new launches likely to reach a decadal peak and cross the 200,000-unit mark.
• Robust sales have led a fall in unsold inventory levels across most Indian cities – a trend that is likely to continue in the near term.

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