News & Views on Indian Real Estate

Thursday, September 11, 2008

High Growth Expected In Real Estate

At a point of time when the real estate graph is going downwards, a FICCI-Ernst & Young survey reveals that the sector would embark on a high growth trajectory in the long run. The report gave several pointers of the developments slated to happen in the sector. The full report would be released on September 10 at a real estate summit, which would have the presence of all stakeholders. The segments in which significant growth is expected in the Indian real estate sector include healthcare infrastructure, logistics and warehousing and affordable housing formats. The FICCI-Ernst & Young Real Estate Report is based on the qualitative survey conducted by Ernst & Young across six prominent cities comprising Delhi NCR, Mumbai, Pune, Hyderabad, Chennai, Kolkata and Bangalore.