Real Estate On the Road to Recovery
Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE, elaborates on what is re-igniting the growth of India’s real estate industry, which is being driven by demand in the residential, commercial, and warehousing space, while new-age technologies are likely be at the helm of a transition in the relationship between developers, investors, occupiers, businesses, and employees.
How do you see the current real estate market, and what is your outlook for FY 2023 and beyond?
Even through the pandemic’s ongoing cyclical highs and lows, the Indian real estate market has proven to be resilient. India’s strong position as a global economic engine and optimistic growth prospects across areas including office, industrial, logistics, residential, and alternative real estate is now showing a resurgence.
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NBM&CW July 2022