With the real estate industry on the verge of a significant resurgence, global real estate acquisitions are projected to increase by 50% this year. According to reports, 98% of investors expect to raise their portfolio in 2021. 60% wish to expand their portfolio by more than 10%, while 23% want to increase their investment by 20% or more.
The investors would put their pent-up capital to work in the real estate industry. With favourable market conditions, the capital’s current weight is sufficient to double global investment volume.
With a growing number of investors eyeing India as a real estate destination, the Indian real estate industry is looking forward to a bright future. During the pandemic, India’s real estate sector proved to be robust. The Indian real estate industry has proven lucrative when global interest rates are meagre. Compared to the quality of these assets, the returns created by properties in India are very high. Investors with unspent funds are anticipating lucrative investment opportunities shortly. One of the studies by CII (Confederation of Indian Industry) and Anarock titled “Indian Real Estate Vision 2025” said that the COVID-19 pandemic combined with lower real estate prices and a depreciating rupee has attracted a lot of attention from NRIs (non-resident Indians).
The most prevalent asset class among international investors acquiring assets in India is commercial real estate. In terms of real estate, Delhi/NCR, Mumbai, Bangalore saw the most investment in office spaces, mixed-use enterprises, and logistics in that order. As business operations return to normal, this indicates a rise in demand for commercial and logistic assets.
In the Tier-1 cities, top-grade offices prioritise brands expanding their business after the pandemic seek office complexes that meet specific health, safety, and technical standards. Logistics has undoubtedly grown famous as a result of increased commercial activities. The residential sector is flourishing due to the pent-up demand in the market. NRIs are going in for more extensive, luxury homes, like 3BHK and 4BHK homes. The price tags for these homes are between Rs 90 lakh-Rs 2.5 crores. The report said, “3BHKs and 4BHKs are on top of their wish list. Out of the total 24% of respondents who had already booked property recently, 38% were NRIs.” According to Colliers International’s new Global Capital Markets 2021 Investor Outlook, 98% of investors across all regions aim to expand their portfolios this year, with around 60% looking to grow by more than 10%, including 23% who want to expand by 20% or more.
Hence, the launch of the Covid-19 vaccines has undoubtedly played an essential role in this regrowth by restoring normalcy. The Indian real estate industry is expected to remain buoyant and thrive well, with increased cash inflows into the sector.
At Raheja Developers, a team of highly skilled people committed to respecting its high expectations for quality design, on-time delivery, and customer commitment, the company has always tried to keep its promises, earning an outstanding presence in the construction industry.
About Raheja Developers-
Raheja Developers’ team has overseen significant company prosperity over the last two years due to a shift in corporate strategy over 30 years. The company has diligently solicited growth by investing in various commonly distinguished businesses, making it a well-diversified conglomerate with interests in multiple projects such as Residential, Premium Condominiums, Commercial Complexes, Integrated Modern Townships, and Shopping Malls.