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1.Real estate gets boost with FM announcements

CW lists industry expert reactions on the measures announced for India’s real estate


2.RBI announces several measures to accelerate economy

CW reports industry reactions on the measures and how they will benefit the market


3.RBI Governor: Interest rates to be cut by 75 bp

Reverse repo rate to be reduced by 90 bp to 4 per cent amid the current COVID-19 crisis


4.Transit Retail opportunity projected to see manifold growth by 2030 to US$ 21.6 bn

The total retail opportunity across various transport hubs in India, such as airports, highways and bus stations, metro, railways, will grow manifold in new decade, projects Knight Frank India, in its latest study titled ‘Catch Them Moving’, Report on Transit Retail.


5.Does the Budget fall short of Real estate sector’s expectations?

Residential real estate developers were hoping for much more than merely extending existing benefits for affordable housing.


6.After a five-time reduction in 2019, RBI keeps repo rates unchanged at 5.15%

The real estate fraternity has expressed disappointment over the RBI’s decision.


7.1,600 stalled projects receive support of Rs 250 bn

Govt announces setting up of alternative investment fund to boost sector.


8.Spurt in demand for affordable housing pushes up overall residential sales

Residential unit launches in H1 2019 increased by 21 per cent YoY to 0.11 mn units while sales grew by a steady 4 per cent YoY to 0.13 mn units. The residential market witnessed growth in supply as well as sales for the third consecutive half year period, both hitting their highest level since demonetisation during H2 2016


9.Warehouse space leasing grows by 77 per cent YoY in 2018

Warehousing space requirement for manufacturing sector expected to be 68 million sq m in 2019; estimated to reach 86 million sq m by 2024.


10.Real Estate Budget Reactions

A mixed bag of reactions by real estate sector on full Union Budget 2019-20


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