[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama Group.|
Here I have important INDIA real estate news to share with you which is as mention under.
With India having entered the unlock phase and an encouraging response seen in real estate
during the festive season, one can surely be optimistic about the sector's growth prospects in
Over the past few years, the real estate sector has witnessed a rapid evolution in the policy
landscape in India. Consistent government initiatives laid the groundwork for transparency
and facilitated ease of doing business in the past few years. The year 2020 began on a positive
note, but a global lockdown, together with disrupted supply chains, temporarily frayed hopes.
However, with India having entered the unlock phase and an encouraging response seen in
real estate during the festive season, one can surely be optimistic about the sector’s growth
prospects in 2021. A report by Colliers India has highlighted the commercial space absorption
shot up to 58% for the quarter ended September 30th, 2020. This development is a good
indicator of improved consumer confidence and growth. It is likely to sustain the retail segment
for now while boosting the demand for commercial real estate in the long term.
Read more at: https://www.financialexpress.com/money/real-estate-in-india-poised-to-take-off-in-2021/2150439/
Have a nice day