+
Real estate investments may grow by 10% this year: study
Real Estate

Real estate investments may grow by 10% this year: study

About 700 acres of land across eight cities have been acquired for over $1.1 billion during January-June to develop housing, office, retail, logistics and data centre projects, according to a CII-CBRE report.

The Confederation of Indian Industries (CII) and property consultant CBRE India this week released the report ‘Indian realty outlook - demystifying future growth opportunities’ at a real estate conference.

"We are quite optimistic about the real estate sector. But we need to be cautious considering global factors," said Anshuman Magazine, Chairman & Chief Executive, India, South-East Asia, Middle East and Africa, CBRE.

Magazine also highlighted that investments in real estate could grow by 10% this year to reach near the 2019 peak of over $6 billion.

He said all segments of real estate in the 2022 calendar year will perform better than last year, because of higher demand for apartments as well as commercial, data centre and warehousing spaces.

However, Magazine said there is a need for caution in view of rising interest rates, higher commodity prices and possible recession in the US and European economies.

He also pointed out that land prices have risen slightly in many pockets and cautioned that development prices could be impacted if rates rise sharply.

The consultant said that developers are mainly buying land for development of housing projects in view of the strong upcycle that the residential segment is currently witnessing. Institutional players have also been acquiring land for development of commercial and data centres.

In the first half of 2022, investments in real estate grew by 4% year-on-year to $3.4 billion.

Magazine said more Real Estate Investment Trusts (REITs) would get listed on the stock exchanges to monetise rent-yielding office, retail and warehousing assets.

See also:
Macleods Pharmaceuticals' purchases Juhu property for Rs 3.32 billion
Sunteck Realty inks pact for 2.5 million sq ft project in Mira Road


About 700 acres of land across eight cities have been acquired for over $1.1 billion during January-June to develop housing, office, retail, logistics and data centre projects, according to a CII-CBRE report. The Confederation of Indian Industries (CII) and property consultant CBRE India this week released the report ‘Indian realty outlook - demystifying future growth opportunities’ at a real estate conference. We are quite optimistic about the real estate sector. But we need to be cautious considering global factors, said Anshuman Magazine, Chairman & Chief Executive, India, South-East Asia, Middle East and Africa, CBRE. Magazine also highlighted that investments in real estate could grow by 10% this year to reach near the 2019 peak of over $6 billion. He said all segments of real estate in the 2022 calendar year will perform better than last year, because of higher demand for apartments as well as commercial, data centre and warehousing spaces. However, Magazine said there is a need for caution in view of rising interest rates, higher commodity prices and possible recession in the US and European economies. He also pointed out that land prices have risen slightly in many pockets and cautioned that development prices could be impacted if rates rise sharply. The consultant said that developers are mainly buying land for development of housing projects in view of the strong upcycle that the residential segment is currently witnessing. Institutional players have also been acquiring land for development of commercial and data centres. In the first half of 2022, investments in real estate grew by 4% year-on-year to $3.4 billion. Magazine said more Real Estate Investment Trusts (REITs) would get listed on the stock exchanges to monetise rent-yielding office, retail and warehousing assets.See also: Macleods Pharmaceuticals' purchases Juhu property for Rs 3.32 billionSunteck Realty inks pact for 2.5 million sq ft project in Mira Road

Related Stories

Gold Stories

Next Story
Building Material

Cement Prices Rise Rs. 7 per Bag in September; October Hikes Expected

Cement companies may seek to raise prices by Rs. 5 to Rs. 20 per bag across most markets in October, although the ability to sustain the increases will depend on demand recovery and dealer acceptance, according to a report by Centrum Broking. The outlook follows a pickup in pricing momentum during September after largely stable prices in July and August. The all-India average trade price increased by Rs. 7 per bag month-on-month to Rs. 356 in September. Centrum Broking’s channel checks indicated gains across both trade and non-trade segments, with non-trade prices recording sharper increases..

Next Story
Products

Minister G Kishan Reddy Says No Coal Shortage Despite Higher Power Demand

Union Coal and Mines Minister G Kishan Reddy said India was not facing a coal shortage despite higher demand from thermal power plants, monsoon-related disruptions in mining operations and lower hydropower generation. He said coal was being supplied to power stations through railway rakes and road transport. Reddy made the remarks on Monday on the sidelines of the Assocham-organised Angul Aluminium Roadshow in Kolkata. His comments came amid reports of alleged supply constraints at some power plants, although he said the temporary interruptions should not be interpreted as a broader shortage. ..

Next Story
Infrastructure Energy

Bondada Engineering Secures Rs. 1.47 bn in Multiple Orders

Bondada Engineering has secured multiple domestic orders with an aggregate value of Rs. 1.47 bn, the company disclosed in a filing with BSE on September 29, 2026. The orders cover telecom infrastructure, renewable energy and energy-efficient lighting solutions, and are inclusive of taxes. Bondada Green Engineering, a subsidiary of Bondada Engineering, received an order for the supply of 200 telecom towers under the BSNL 40GBT project in Gujarat. The award forms part of the company’s telecom infrastructure business and is linked to requirements in the state. Bondada Renewable Energy, another ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code