Title: INDIAN REAL ESTATE STATS 2014
1Analyzing Key Growth Factors
INDIAN REAL ESTATE STATS 2014
2Why is Growth Needed for Real Estate in India
Currently
- Real Estate in India has been witnessing bouts of
underperformance which is in line with the global
statistics for the real estate sector. - More than domestic growth, the country is relying
on FDI to provide a much needed boost for this
sector. - Increased tourism, urbanization, growing economy,
convenient financing, policy support and
epidemiological changes are key drivers of growth
for the Indian real estate sector.
3Rising Demand for Indian Real Estate
- Rising household income and increased
urbanization have been responsible for the surge
in real estate demands. - The growing economy is also contributing to the
real estate sector by driving demand for
residential as well as commercial spaces. - The trend of townships and luxury homes has also
opened up a lot of opportunities for builders as
well as buyers to benefit from.
4Increasing Investments in Indian Real Estate
- The period April, 2010 to August, 2013 witnessed
almost USD 22.67 in FDI. - The period April, 2012 to January, 2013 indicated
that the Indian real estate was responsible for
8.8 of the total FDIs in the country. - Loosening up of REIT rules have also paved the
way
5Lucrative Opportunities for Indian Real Estate
- Growing real estate requirements from the health,
education and hospitality sector have provided
good growth opportunities for the realty sector. - The rising tourism in the country has also
generated demand for real estate as more
establishments are being planned for
accommodating tourists. - The relaxations in real estate financing along
with apt political support would definitely bring
about major changes to this sector.
6Policy Support for Indian Real Estate
- USD 2.8 Billion have been allocated exclusively
for Rural Housing. This is part of Budget 2014. - The government has opened up a world of
opportunities for real estate by allowing 100
FDI for township projects and settlements. - Several major reforms such as increasing the
affordability of real estate and relaxation in
REIT rules have paved the way for faster
recovery.
7Conclusion
- Indias real estate is currently has a market
size of USD 55.6 billion which could go up to USD
180 Billion by the year 2020 (estimated value
only) - The need of the hour is not only to develop more
projects but also to empower the buyers to be
able to make investments in the housing as well
as commercial property space. - The impact of the efforts would be evident within
6 12 months from now.