Indian real estate sector has witnessed many changes in the recent years. With introduction of RERA, investor and end-user confidence in real estate sector has increased.
India’s office real estate sector was decidedly vibrant in 2019, with demand for Grade A office space spiralling upward while vacancy levels in prime locales reduced.
Indian real estate sector witnessed strong growth in affordable housing segment in 2019 with 40% of the new housing launched in this segment, followed by 33% new supply in middle housing segment.
Indian Real Estate market witnessed consolidation in many regions but overall, 2019 was a mixed year for Indian real estate sector. Many developers were careful about launching new projects.