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The Hindu

Lifestyle

Indian real estate engine on the right track

Despite the continued cyclical upswings and downswings of the COVID-19 pandemic, the Indian real estate sector has remained largely resilient. It is now showing signs of revival, on the back of India’s strong position as a driver of the global economy as well as promising growth projections across segments such as office, I&L, residential and alternative real estate segments.

This has been highlighted by real estate consulting firm CBRE South Asia in its report ‘Real Estate Market Outlook 2022 – India’ released at the CII annual real estate conference – ‘Reinvigorating the Real Estate Industry in 2022 & Beyond’. The report highlights key trends and projections for the Indian real estate sector for the year 2022.

Housing activity is expected to revive.

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