Indian real estate sector remains positive amid high inflation
Real Estate

Indian real estate sector remains positive amid high inflation

Besides higher inflation concerns and rising interest rates, the real estate sector remains positive.

According to Knight Frank India, National Real Estate Development Council (NAREDCO) Real Estate Sentiment Index of the first quarter (Q1) of 2022 expects the current sentiment will increase to 68. It showed that most stakeholders experienced positive business developments in the last six months, including the survey period.

According to the survey, a future sentiment score of 75 was at the highest peak. This score shows the expectations of the investors for the next six months. A score above 50 indicates optimism, 50 means neutral, and a score below 50 indicates pessimism.

Chairman and Managing Director of Knight Frank India, Shishir Baijal, said that the growth in the residential market has been impressive, boosting the sentiments of the entire realty sector. As many companies are shifting to work from the office, office space demand has also been growing steadily.

He highlighted the geopolitical tensions, which are impacting crude oil prices, leading to a rise in inflation in the Indian market, which can affect the demand from end-users. It is further complicated by supply chain disruptions, rising input costs and an impending interest rate hike.

Image Source

Besides higher inflation concerns and rising interest rates, the real estate sector remains positive. According to Knight Frank India, National Real Estate Development Council (NAREDCO) Real Estate Sentiment Index of the first quarter (Q1) of 2022 expects the current sentiment will increase to 68. It showed that most stakeholders experienced positive business developments in the last six months, including the survey period. According to the survey, a future sentiment score of 75 was at the highest peak. This score shows the expectations of the investors for the next six months. A score above 50 indicates optimism, 50 means neutral, and a score below 50 indicates pessimism. Chairman and Managing Director of Knight Frank India, Shishir Baijal, said that the growth in the residential market has been impressive, boosting the sentiments of the entire realty sector. As many companies are shifting to work from the office, office space demand has also been growing steadily. He highlighted the geopolitical tensions, which are impacting crude oil prices, leading to a rise in inflation in the Indian market, which can affect the demand from end-users. It is further complicated by supply chain disruptions, rising input costs and an impending interest rate hike. Image Source

Next Story
Real Estate

Mahindra Lifespaces Bags Rs 12.5 billion Redevelopment in Mulund

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been appointed as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project will be developed across a 3.08-acre land parcel, with an estimated development value of approximately Rs 12.5 billion. Strategically located, the site enjoys proximity to major connectivity points—just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also offers seamless access to the Eastern Expre..

Next Story
Infrastructure Urban

Snowman Adds Warehouses in Kolkata and Krishnapatnam

Snowman Logistics, India’s leading integrated temperature-controlled logistics company, has announced the commencement of operations at its two new state-of-the-art, owned cold storage facilities in Kolkata and Krishnapatnam. With these additions, the company’s total pallet capacity has reached 1,50,754, spanning 43 warehouses in 20 cities across the country. The newly operational Kolkata facility offers a storage capacity of 5,630 pallets, while the Krishnapatnam facility holds 3,927 pallets. These warehouses are equipped with advanced automation and infrastructure designed to enhanc..

Next Story
Resources

Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India. Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?