The Highs and Lows of Indian Real Estate in 2018 - ANAROCK Report
/ -- New housing supply estimated at 1,93,600 units by 2018 end; annual increase of 32%
Housing sales in 2018 estimated at 2,45,500 units; annual increase of 16%
NBFC crisis holds sector at gun-point as 2019 begins
Anuj Puri, Chairman, ANAROCK Property Consultants, Comments on 'The Highs and Lows of Indian Real Estate in 2018'
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Commercial Real Estate: Steady Growth
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As per ANAROCK data, the top cities with significant retail growth in 2018 included MMR, NCR, Bengaluru and Hyderabad New retail supply in 2018 was limited to 5.1 mn. sq. ft. Interestingly, apart from the top metros tier 2 & 3 cities played a significant role in India's retail growth story in 2018
Ready-to-move-in properties garnered maximum buyer interest, with ANAROCK's Consumer Survey indicating that 49% property seekers are intent on buying RTM homes Hospitality Real Estate: 28% GST on Luxury Hotels a Dampener
Other Sunshine Sectors
Fast Forward: Trends That Will Shape 2019
Liquidity crunch to continue until H1 2019 Muted new housing project launches
More interest for affordable housing by leading developers Consolidation to gain momentum The rental and managed living model (such as co-living) will gain traction Ready-to-move-in housing to remain centre-stage Housing prices will remain flat
Alternate asset classes like Co-Working, Student Housing, Senior Living, Warehousing and Retail in Tier II &III cities to gain traction. Private equity players will continue to make select investment forays About ANAROCK:
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