The year 2015 failed to bring any cheer to the real estate market

Q: Real estate market in 2015 was a mixed bag with inventories piled up, and buyers taking wait call largely on the account of delay in projects.

jitu jayswal,

31st December 2015

Real estate News in Mumbai

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Replies (3)

Yes, launches have reduced in cities like Mumbai, slightly lowering the inventory.

Manisbapu, Mumbai

31st December 2015

Comment

Hi Folks,
The year 2015 also marked an interesting year for investments in the real estate market, with private equity (PE) investments touching new highs since 2008, signaling growing optimism in the sector. Around $2.8 billion or Rs 18700 crore had been invested by private equity players in the real estate market till end September.

Rajesh, Delhi-NCR

31st December 2015

Comment

It is also seen that 2015 has been an interesting year for capital market activities in real estate. While the PE focus continued to remain high on residential and office projects, entity-level investments and platform-level deals also came into the limelight Which indicating increase in investor confidence.

Dhiraj,

31st December 2015

Yes, housing sales which stood at 1.75 lakh units during last year in the primary markets of 7-major cities, are likely to be around same level in 2015. Sales were marginally down to 1.16 lakh units in the first 9-months of this year.

Rajesh, Delhi-NCR

31st December 2015

As per report, launches of new homes reduced drastically this year, still over 6 lakh housing units remain unsold in 8-big cities. 2015 did not bring the hoped-for growth in residential real estate. However, the bad days seem to have bottomed out as sales have picked up in a few cities like Mumbai, Hyderabad and Bangalore.

Dhiraj,

31st December 2015

Yes, the year 2015 was a mixed bag for the Indian real estate sector with both positive and negative trends. From hopes of recovery for the sluggish realty sector to PE investment touching a 7-year high and news of Cabinet approving the Real Estate Bill, 2015 has set the tone for the sector in the coming year.

Dhiraj,

31st December 2015

Comment

As per CommonFloor Co-founder and head of CommonFloor Groups, the Real Estate Bill still has to take a fairly long journey as it needs to be passed by the Parliament, there is a general feeling in the market that it will be a booster in promoting real estate growth in future.

Rituraj,

31st December 2015