With the right kinds of evolutionary steps, India can join the elite club of global REITs. Establishing and nurturing such investment vehicles helps unlock the massive value of real estate assets and enable retail participation in the development of the nation.
The secondary real estate market will gain more momentum as and when the RERA attains complete implementation coverage across all states. However, even now RERA and other pertinent policy reforms have opened several new avenues for growth in the Indian real estate sector
Despite the Government’s very proactive stance towards cleaning up and regulating the sector, there are still several policy-related pain points where the coming Union Budget can make a decisive difference.
The Goods and Services Tax (GST) and Real Estate Investment Trusts (REITs) are soon going to be a reality in India. These, coupled with a growing demand for quality warehouses by the industry, are expected to lead to an increase of Grade-A and Grade-B warehousing stock across the country in the next few years.
Traditionally, there has been a high affinity for physical assets such as precious metals, jewelry and real estate among Indians. This trend has been changing…
Tracing The Boom…Indian Real Estate: The structural adjustment programme of the early 1990s initiated the liberalization of the Indian economy. The roots of the high appreciation…