Sunday, January 6, 2008

Indian Real Estate Markets Ahead

The landscape of the Indian real estate market is changing fast, as it is poised to emerge as one of the most preferred investment destinations for global realty and investment firms. See where the contours, according to FICCI, are expected to change in the next 3-5 years:
• Developers till now concentrated on metros moving toward smaller cities also shift from the dominance of regional players to national players.
• Large Indian groups consolidating their business to emerge as market leaders.
• Project size enlargement with a focus on product differentiation & quality.
• Shift from land transaction to development transaction
• Change in ownership to leasing.
• Correction in supply format from investor to consumer driven.

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