14 Trends That Will Shape Indian Real Estate In 2016
For realty sector, the stage for ‘acche din’ was set in 2014, but the year 2015 was significant as the impact of the revised policies and amendments announced in 2014 were expected to be more visible.
New Year is just round the corner! A quick glance back clearly shows that the year 2015 was relatively better for real estate than the previous years. Now, one can forecast that 2016 will be even better. How so? Well, with economic growth chugging along, inflation on track, RBI slashing rates and Real Estate Regulator Bill inching a new high, revival seems to be the next big thing!
Since India’s real estate market is largely emotionally driven, buyers’ sentiment too are moving somewhat northwards. Thus in this backdrop, CommonFloor presents you 5 significant trends that defined Indian real estate in 2015 and are most likely to shape the sector in the coming year.
