As India continues to move towards becoming one of the fastest growing economies in the world, the real estate sector, the 2nd largest contributor to India’s GDP growth will play a significant role going forward. Several policy reforms introduced by the Government are now in implementation mode, and the sector is becoming more transparent. This is resulting in the emergence of a more organized real estate market.
The recent policy reforms, improvement in Ease of Doing Business and the relaxation of several foreign Direct Investment norms (FDI) are providing an opportunity for the sector to move in a new direction. One that is propelled by accountability and transparency which in turn will attract the interest of both domestic and global investors into the Indian market. This increasing transparency is improving both domestic and global investor confidence.
However, adequate funding for real estate has always been a challenge. The policy reforms and focus on infrastructure development are resulting in the emergence of new frontiers for investments. Therein, lies an untapped opportunity to attract investments from domestic and global funds. Another challenge before the sector is how to effectively market their project in the current environment and conducting business ethically. For the real estate sector to completely transform and move forward, understanding current challenges and the opportunities that lie ahead is imperative.
Having the requisite knowledge around the sector’s investment potential would help developers and stakeholders to effectively navigate the changing landscape and help transform the country’s real estate scenario.
In this Context, a conference on ‘THE FUTURE OF INVESTMENTS FOR INDIA’S REAL ESTATE SECTOR’ is being organised on 17 May 2018 at Hotel Taj Lands End, Bandstand, Bandra (West), Mumbai. CBRE South Asia Pvt. Ltd. India’s leading real estate consulting firm is the Knowledge Partner.