Real estate developers have high hopes of pick-up in demand in 2015

Q: Do you think that 2015 is expected to be a happening year for the real estate sector?

Veena K,

8th January 2015

Real estate News in Mumbai

affordable housing

smart city

faridabad real estate sector

reits

relaxation of fdi norms

real estate trend in india

south india

demand of residential plots

bangalore & ncr

infra growth

high demand for ready-to-move-in properties

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Replies (10)

Well Tushar,
As each corridor passes through various existing industrial clusters, towns and cities, these are likely to become investment hubs.
Thus, once completed, the real estate growth at Indias hinterlands, connected via these corridors, will be exponential.

Sandeep Mhatre, Mumbai

8th January 2015

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How industrial corridors are expected to see immense growth in the coming years?

Tushar Sinha, Delhi-NCR

8th January 2015

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Hi Nandakishore,
The recent initiative by the government to develop various regions as heritage cities will also lead to high realty growth in those cities in the times to come are Mathura, Amritsar, Ajmer, Varanasi, Vellankani, Kanchipuram and Gaya in 1st phase and Puri, Tirupati, Allahabad, Ujjain, Hampi, Rishikesh and Lucknow are in 2nd phase.

Sandeep Mhatre, Mumbai

8th January 2015

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How the heritage cities are a next big thing? And which are the cities considered in the 1st & 2nd phase of development by the government?

Nandakishore, Ahmedabad

8th January 2015

Comment

Yes Sir,
Projects with over 1000 units or above are gaining ground in regions like Devanahalli and Hoskote in Bangalore and Old Mahabalipuram Road (OMR) and Grand Southern Trunk Road (GST) in Chennai.
Interestingly, these projects are situated on the outskirts of the city. A few such projects can be spotted in north India as well.

Sandeep Mhatre, Mumbai

8th January 2015

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Do you know why the South India will gain a lot of buying? Do you think that lack of requisite social infrastructure provisions in the area is fuelling demand for the large projects?

Anandraj Iyengar, Chennai

8th January 2015

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How residential plots to rule the haunt :- Unlike predictable market trends, residential plots are gaining importance among property buyers. Buyers prefer to buy plots for attractive returns in the mid-to-long term horizon. This can further be admittable by the fact that they are now considering upcoming smart cities, where apartment culture is yet to catch pace.

Sandeep Mhatre, Mumbai

8th January 2015

Comment

Now, when we have entered into 2015, real estate developers and experts believe there could be even more interesting trends that would rule the real estate sector. These are 1) Residential plots to rule the haunt, 2) Heritage cities are a next big thing, 3) Industrial corridors to boost infra growth in hinterland, 4) Affordable Housing, 5) Faridabad realty market, 6) Regular versus luxurious amenities, 7) Smart City tag, 8) REITs and 9) Ready-to-move-up properties in Bangalore/NCR.

Sandeep Mhatre, Mumbai

8th January 2015

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And yes, the two most remarkable events was entering of Make-in-India campaign and relaxation of FDI norms in construction sector has also brought in a lot of hope into the sector, which is most of the times puzzle with controversies.

Ananya,

8th January 2015

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the second half of 2014 was full of positive surprises for India's real estate sector. Important events like banks lowering interest rates, RBI offering incentives for infrastructure financing and creation of real estate investment trusts (Reits) were one-of-its-kind initiatives that real estate developers cheered during last year.

Sandeep Mhatre, Mumbai

8th January 2015

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