Yes, following the election of a new government and also on account of an upturn in consumer demand, says the Emerging Trends in Real Estate Asia Pacific 2015 report, jointly published by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC). The rankings of Mumbai, Delhi and Bangalore have improved significantly from those of last year in the list of investment destinations. Yes, following the election of a new government and also on account of an upturn in consumer demand, says the Emerging Trends in Real Estate Asia Pacific 2015 report, jointly published by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC). The rankings of Mumbai, Delhi and Bangalore have improved significantly from those of last year in the list of investment destinations.

The positive sentiment can be measured by the fact that global real estate funds focused on India are seeking to raise $ 6 billion in new capital, on top of $ 1.6 billion raised in the first 7 months of 2014, and most of this is aimed at residential projects. In addition, there has been a significant rise in interest from large sovereign and foreign institutional players over the course of 2014. The positive sentiment can be measured by the fact that global real estate funds focused on India are seeking to raise $ 6 billion in new capital, on top of $ 1.6 billion raised in the first 7 months of 2014, and most of this is aimed at residential projects. In addition, there has been a significant rise in interest from large sovereign and foreign institutional players over the course of 2014.

The report said, prices of commercial properties in Mumbai have remained stable, while rentals were showing signs of inching up as local businesses showed interest in rolling out expansion plans. Since occupancy rates were expected to rise, prices/rents are likely to increase too, especially for high-quality and well-located premises. The report said, prices of commercial properties in Mumbai have remained stable, while rentals were showing signs of inching up as local businesses showed interest in rolling out expansion plans. Since occupancy rates were expected to rise, prices/rents are likely to increase too, especially for high-quality and well-located premises.

Overall in Asia, real estate markets are expected to remain resilient in spite of weakening economic fundamentals throughout 2015, as capital continues to flow into the industry from a variety of investment sources, both domestic and international. Japan remains a favored country for real estate activity, with Tokyo and Osaka ranked first and third, respectively, in terms of investment and development prospects for next year.Overall in Asia, real estate markets are expected to remain resilient in spite of weakening economic fundamentals throughout 2015, as capital continues to flow into the industry from a variety of investment sources, both domestic and international. Japan remains a favored country for real estate activity, with Tokyo and Osaka ranked first and third, respectively, in terms of investment and development prospects for next year.