Harsha sankisa’s Post

This real estate segment is growing at 15% CAGR in 2024. The shocking part? Right now, it just contributes to 1% of the residential real estate market in India. Presenting to you - 'micro-apartments' What are micro-apartments? - To tackle rising costs and the rise of minimalism, micro-apartments have emerged as affordable and sustainable housing options, especially in urban areas. Why they will grow? 🏠 Urbanization: India is witnessing an increase in people moving to cities for work and education. This trend is expected to drive demand for affordable and compact housing solutions like micro-apartments. 🏠 Rising housing costs: Micro-apartments offer an affordable alternative for young professionals and students against rising house costs. 🏠 Changing lifestyle preferences: Minimalism and sustainable living are becoming the favorite of millennials. This is likely to boost the demand for micro-apartments. According to Colliers International, the micro-apartment market in India could account for 5-7% of the overall residential real estate market by 2030. Have you ever encountered or stayed in a micro-apartment? What do you feel about this segment? Share your thoughts in the comments below 👇 #indianrealestate #proptech #realty #realestate #virtualreality

The Indian Real Estate Industry is experiencing a significant transformation fueled by the ongoing wave of urbanization. As of December 2023, the data underscores a substantial upswing in residential property demand, with a noteworthy 36% surge in unit sales during Q2 2023 compared to the preceding year across the top 7 cities. Tier 2 and 3 cities are emerging as focal points for real estate activity, driven by improved affordability and infrastructure. Luxury housing, constituting 18% of total homes sold in 2022, reflects a growing inclination towards upscale living. Gated communities and integrated townships are gaining popularity, indicating a shift in housing preferences towards security, amenities, and community living. Despite the positive trends, challenges persist, including an affordability crisis for low-income groups and infrastructure bottlenecks. Government initiatives such as the Smart Cities Mission and Housing for All by 2024 are pivotal in shaping real estate development. The data supports a robust trajectory for India's residential real estate market, projected to reach $1 trillion by 2030, affirming the industry's resilience amid dynamic urbanization. Now, more than ever, is the time to collaborate, innovate, and shape the future of real estate in India. Together, we can build communities that thrive amidst the dynamic forces of urbanization. #indianrealestate #realestate #luxuryhouse #urbanization #housingforall #smartcities #india

🏡 **Exploring the Dynamics of India's Real Estate Landscape 🚀** Did you know that India's real estate sector is the second-highest employment generator, following agriculture? The growth trajectory is fascinating, with projections indicating expansion to US$ 5.8 trillion by 2047, contributing 15.5% to the GDP. 📈 **Key Insights:** - Luxury home sales surged by 130% in H1 2023, reaching 6,900 homes valued at Rs. 4 crore and above. - The sector is set to reach US$ 1 trillion by 2030, contributing 13% to India's GDP by 2025. - Rapid urbanization plays a pivotal role, with an expected 542.7 million Indians in urban areas by 2025 and 675.5 million by 2035. 💡 **Significant Factors:** - FDI inflow, particularly in construction, stood at US$ 55.50 billion. - 'Housing for All' initiative anticipates a whopping US$ 1.3 trillion investment by 2025. - India's Global Real Estate Transparency Index ranking improved to 36, a testament to regulatory reforms and market data enhancement. 📊 **Recent Achievements:** - FY23 witnessed record-breaking home sales of Rs. 3.47 lakh crore, marking a 48% YoY increase. - Home sales in top eight cities surged by 68% YoY in 2022, indicating a robust sector recovery. 🌐 **Outlook for the Future:** - The central government's vision to build 20 million affordable houses by 2022 under PMAY is reshaping the residential landscape, impacting the demand for commercial and retail office space. Exciting times ahead as we navigate the evolving real estate panorama in India! 🚀 Let's continue to innovate and shape the future of this dynamic sector. #RealEstate #IndiaGrowth #PropTech #FutureOfRealEstate

Indeed, real estate in India has been a dynamic and growing sector, driven by various factors such as urbanization, population growth, increasing disposable incomes, and government initiatives. Here are some key points highlighting the growth of real estate in India: Population Growth and Urbanization: India's rapidly growing population, coupled with urbanization trends, has led to a significant demand for residential and commercial properties, particularly in major cities and urban centers. Rising Middle Class: The expanding middle class in India, along with increasing disposable incomes and aspirations for homeownership and better living standards, has fueled demand for residential properties across various segments. Infrastructure Development: Government investments in infrastructure projects, including transportation networks, smart cities, and affordable housing schemes, have contributed to the growth of the real estate sector and boosted property values in surrounding areas. Foreign Direct Investment (FDI): Liberalization of FDI norms in the real estate sector has attracted significant investments from foreign investors and institutional players, leading to the development of large-scale projects and boosting overall market growth. Affordable Housing Initiatives: Government initiatives like the Pradhan Mantri Awas Yojana (PMAY) and incentives for affordable housing have aimed to address the housing needs of low and middle-income segments, driving demand in this segment and promoting inclusive growth. Commercial Real Estate Boom: The growth of the IT/ITES sector, e-commerce, and other industries has led to a surge in demand for office spaces, retail outlets, and logistics hubs, driving growth in the commercial real estate segment. Technology Adoption: The real estate sector in India is gradually embracing technology, with the adoption of digital platforms, property management systems, and smart home solutions, enhancing efficiency, transparency, and customer experience. Policy Reforms: Regulatory reforms such as the Real Estate (Regulation and Development) Act (RERA) have brought in transparency and accountability, improving investor confidence and stimulating growth in the sector. Emerging Trends: Emerging trends such as co-living spaces, shared workspaces, and sustainable development practices are gaining traction, catering to changing consumer preferences and driving innovation in the real estate market. Despite occasional challenges such as regulatory changes, market fluctuations, and economic uncertainties, the long-term growth trajectory of the real estate sector in India remains positive, fueled by demographic trends, urbanization, and evolving consumer needs. #Trend #Realestate #India #foryou

I just finished reading this fascinating piece from Live Mint, talking about the expansion of the Indian real estate sector. Some figures stood out to me, like the projection of our sector reaching a whopping $5.8 trillion by 2047, contributing to 15.5% of the GDP. When you digest the enormity of these numbers, it truly gives a sense of the potential and promise our industry holds. Read it here: https://lnkd.in/dxggKFfV From our journey at #ArchiArihant, we've seen this transformation up close. I remember the time we launched Archis Galaxy. There was inherent scepticism due to the location and the audience we targeted. But today, it's bustling with life, families, and countless memories being made every day. The article rightly pointed out the need for an estimated 230 million housing units in the next 25 years. We, at Archi Arihant, feel the pulse of this demand. Be it our affordable housing projects or the luxury segments; we've always strived to cater to the varied needs of our audience. And the positive feedback from our residents is a testament to our commitment to this vision. The growth of REITs into diverse sectors such as residential, warehousing, office, and retail does indicate that the real estate landscape is evolving. It excites me, especially thinking about how we can integrate these trends into our upcoming projects and offer even more to our clients. I wholeheartedly agree with Dr. NIRANJAN HIRANANDANI sir’s perspective on how a growing GDP will stimulate commercial and industrial real estate growth. I feel that here at Archi Arihant, we are already aligned with this vision, always keeping an eye on the macroeconomic indicators and adjusting our strategies accordingly. I've always believed in the incredible potential of our country and its economic growth. As the report suggests, and from my personal experience, real estate will indeed play a pivotal role. Our endeavours at Archi Arihant are not just to create buildings but to craft communities, promote growth, and contribute in our little way to India's grand economic narrative. Would love to hear your thoughts on this. How do you see these trends shaping up in your respective domains? #realestate #realestateinIndia #realestateudaipur

Exploring the Landscape of Indian Real Estate: A Simple Guide Have you ever wondered what's going on in the world of Indian real estate? Let's break it down together! 🤝 The Indian real estate sector is a big part of our country's economy, and it's as colorful and diverse as India itself. From bustling city apartments to quiet homes in the countryside, there's a place for everyone. Recent trend shows more people are buying homes, and not just for living in them but as an investment too. The demand for office spaces is also on the rise as more businesses are setting up shop in India. The real estate landscape in India is as dynamic as it is complex. The foremost challenge for investors and homebuyers alike is the balancing act between quality and cost. Finding a property that ticks all the boxes—location, amenities, and design—without stretching the purse strings is a common hurdle. New government policies are stepping in to help. For instance, the RERA Act is like a rulebook ensuring fair play in buying homes, making the process transparent and safe. This has created numerous of opportunities for everyone. So, whether you're thinking of buying your first home, investing in a commercial space, or just curious about real estate, there's always something new to learn. If you find this fascinating and want to know more about the bustling world of Indian real estate, let's connect! Stay tuned for more insights that will simplify the complex world of Real Estate. #RealEstateIndia, #PropertyTrends, #investmentopportunities #iconicstone

Thinking of investing in real estate in India? "Exciting Times Ahead for Real Estate in India! As we navigate through dynamic market landscapes, it's evident that India's real estate sector is poised for remarkable growth and transformation. With rapid urbanization, evolving consumer preferences, and government initiatives like the Smart Cities Mission, the future of real estate in India is both promising and innovative. Here's why I'm optimistic about the trajectory of the Indian real estate industry: Technology Integration: From virtual property tours to blockchain-powered transactions, technology is revolutionizing how we buy, sell, and manage properties. Embracing digital innovations enhances efficiency, transparency, and customer experiences. Sustainable Development: With sustainability becoming a priority, developers are increasingly focusing on green building practices and eco-friendly designs. Energy-efficient structures, water conservation, and green spaces are shaping the future of Indian real estate. Affordable Housing: The government's emphasis on affordable housing schemes has opened up avenues for developers to cater to the burgeoning demand from middle-income households. This segment presents immense opportunities for growth and social impact. Co-living and Co-working Spaces: The rise of shared living and working spaces is redefining traditional real estate models. Co-living accommodations and flexible office spaces are gaining popularity among millennials and startups, driving demand in urban hubs. Infrastructure Development: Infrastructure projects such as metro rail networks, expressways, and airports are not only improving connectivity but also fueling real estate development along their corridors. These developments unlock new investment prospects and boost property values. Policy Reforms: Policy initiatives like RERA (Real Estate Regulation and Development Act) have instilled transparency and accountability in the sector, fostering trust among homebuyers and investors. Continued reforms are expected to further streamline processes and boost investor confidence. As we embrace these trends and navigate the evolving landscape, collaboration and innovation will be key drivers of success in the Indian real estate market. Let's seize the opportunities, adapt to changes, and contribute to building sustainable, inclusive communities. I'm excited to be part of this transformative journey! 💼 #IndianRealEstate #FutureTrends #Innovation #Sustainability #SmartCities"

Trends and factors changing the #RealEstate scenario in India - India’s real estate sector is poised to hit $1 trillion by 2030, contributing 13% to the GDP by 2025. In FY23, the residential property market saw an unprecedented surge, reaching a record Rs. 3.47 lakh crore ($42 billion), a robust 48% YoY increase in home buying in India. Sales volume also surged by 36%, totaling 379,095 units. Commercial real estate transactions doubled, reaching 1.5 million sq-ft in Q1 2023. Several key trends are fueling this growth, promising continued momentum this year. These trends include: 1. Repatriation of NRIs and HNIs – With a growing trend of NRIs and HNIs returning to their home countries, investments in commercial and residential real estate have surged. IBEF reports that 52% of NRIs are actively exploring opportunities in commercial real estate, aiming to diversify their portfolios within the Indian real estate sector. This, coupled with a rising demand for residential spaces, underscores a significant momentum in the real estate market in India. 2. Demand for office space in tier II cities – The surge in IT/BPM, BFSI, and Telecom services, coupled with escalating demand from MNCs, anticipates a 15-18 million sq-ft rise in data center requirements by 2025. This uptrend is poised to significantly boost the commercial real estate demand across Indian cities. 3. Affordable housing – Amidst rising populations and increasing demands, individuals are increasingly opting for budget-friendly home purchases in Tier 2 and 3 cities, as well as some Tier 1 urban areas, seeking more economical housing options and amenities. Rapid industrialization, infrastructure growth, commercial sector and increasing employment opportunities are propelling the residential market in India, particularly in lesser-explored Tier 2 and Tier 3 cities. The expanding urbanization and overall development indicate a positive trajectory for India’s economic growth in this sector. #RealEstate #Property #Investment #Construction #Ahmedabad #Gujarat #India

India's Growth Story to be Three Fold in Real Estate by 2035 @realestateindia #indianinfra #indianeconomy Predicting the growth of any market, including real estate, involves a multitude of factors such as Economic growth, Government policies, Population trends, Urbanization rates, and Technological advancements, among others. While it's challenging to make precise predictions, the Real Estate market in India has shown significant growth potential due to its large population, rapid urbanization, and increasing disposable incomes. Several factors could contribute to a threefold Growth by 2034: (i) Urbanization: India is undergoing rapid urbanization, with more people moving from rural to urban areas. This trend is expected to continue, driving demand for housing and commercial spaces in cities. (ii) Economic Growth: India has been experiencing steady economic growth, which is likely to continue in the coming years. A growing economy usually translates to increased investments in real estate. (iii) Infrastructure Development: Government initiatives such as Smart Cities Mission and various infrastructure projects contribute to the growth of the real estate sector by improving connectivity and livability in cities. (iv) Demographic Dividend: India has a young population, with a significant portion entering the workforce. This demographic dividend can boost demand for residential properties, especially in urban areas. (v) Policy Reforms: Continued reforms and policies aimed at boosting the real estate sector, such as the Real Estate (Regulation and Development) Act (RERA), can improve transparency and attract more investments. (vi) Technology Adoption: The adoption of technology, such as PropTech solutions, can streamline processes in the Real Estate sector, making it more efficient and attractive for Investors. While these factors suggest Potential Growth, challenges such as regulatory hurdles, Geopolitical uncertainties, and market cyclicality could also influence the trajectory of the real estate market. It's essential to monitor these Factors closely to make informed Projections about Future Growth.