Investments in the real estate sector in India are bound to grow by 5-10 per cent in 2022, with the sector poised to hit the pre-pandemic levels of 2019, real-estate firm CBRE said on Wednesday in its sector outlook report for the year.
“The second wave of the pandemic was a blip on the Indian economy and by extension to the real estate sector. We have come a long way since then. Leasing activity across all sectors and segments has witnessed an uptick in the past 6 months and we expect this growth to continue into 2022,” said Anshuman Magazine, Chairman