From HOUSE to HOUSEWARMING!

THE FUTURE PROSPECTS OF REAL ESTATE SECTOR

THE PRESENT SCENARIO

A demographic transition wherein 40% of the urban population is of the age group 15-

32 years.

Increase in availability of resale properties.

Leftover inventory of houses from 2014.

Lowered inflation rates Banks lowering interest rates.

Lowered property prices.

Rupee has stabilised.

REGULATIONS TO BOOST REAL ESTATE

Implementation of REITS

FDI allowed in construction sector

Real Estate Regulation Bill to be passed.

Make in India Campaign Launched.

Announcement of a 100 smart cities.

Infrastructure to get a boost which includes both real estate and

transportation.

Funds have been set up to boost urban and

rural infrastructure.

Single window clearances

Implementation of LARR.

TRENDS IN REAL ESTATE

•Residential plots being preferred over apartments.•Plots being identified for development of smart cities.•Demand of major cities in South India especially

Bangalore and Chennai.

•Infrastructure upgrade of the heritage cities.•All around development of the cities along the Major

Industrial corridors to boost revenue and growth.•Affordable housing has become the new trend.

•Tax incentives will be given for home loans.•Faridabad - an emerging hotspot in the NCR corridor.•Amenities like security, play area, gym, garden etc.

instead of luxuries are more in demand.

TRENDS IN REAL ESTATE (Contd.)

•With the introduction of FDI, real estate investors are going to invest more.

•High demand for ready to move in projects in Bangalore and NCR.

•Increase in availability of resale properties.

•Developmental activity moving towards the peripheries of major cities.

•Raise in the capital values of the cities connected along with metro or monorail.

•Smart cities will be a major development this year.•Small properties (800-1200 sq ft) are the latest

preferences of home buyers. •Implementation of REITs and RERA.

SMART CITIES-THE WAY FORWARD

A smart city can be described as– smart economy, smart people, smart mobility, smart environment, smart living and smart governance.

A way to ease the urban life by using smart solutions for effective and efficient use of assets, resources, amenities, securities and infrastructure in order to ensure a safe, secure and clean environment.

All amenities like water, electricity, transportation, education, waste disposal etc are all integrated together and managed via modern technology for efficient implementation.

They also consist of several smart features like smart grids, lighting, traffic management etc.

TECHNOLOGY TO BOOST REAL ESTATE

Real time data like a map based interface for searching property.

A tracking tool by virtue of which we can track of our property in terms of the construction stage, price

trends or legal matters and documentation etc

A portal listing all upcoming projects and alternatives

etc.

Digital client data management Online CRM

FUTURE PROSPECTS

Urbanization: Due to rapid urbanization, demographic shift, expanding middle class and increase in disposable income, there is going to be a higher demand for quality housing, residential property and retail malls.

Increasing demand for IT/ITES will lead to increase in demand for commercial space and ready to move in properties. Emergence of e-commerce and SEZs will also help develop real estate.

India is about to go for an infrastructure makeover which will boost real estate.

The GDP is expected to increase to 6.5% this year and is expected to cross 10% in the future.

Smart cities are going to be the next reality leading to an increase in the demand for townships.

FUTURE PROSPECTS

Increased transparency, less corruption, single window payment, quicker land acquisition, timely completion will ensure that the real estate has a steady demand over the years.

100% FDI allowed in real estate development sector.

Real Estate Investors are back for the long run with increased liquidity due to REITs.

With predictions of an increase in job creation in 2015 due to the manufacturing, services and IT/ITES sector, there will be a rise in demand of houses as well.

With increase in competition for space, developers have to come up with innovative designs to use space efficiently like prefab, 3D copying or go for fast, cheap and eco friendly development.

FUTURE PROSPECTS

Rising demand of eco cities in the future which will be sustainable in the long run and has a green premium credential.

Technology like video conferencing, telecommuting, digital databases, data warehousing will replace paper, digital world will dominate consumer spending and work culture as a result need of office space and warehouses will diminish.

Real estate and institutional investors and private firms will step up to fill the gap left by banks.

Greater automation through technology mastering the use of the latest digital technology will foster better cost management and scale, allowing real estate managers to improve data analytics communication with investors and regulatory reporting.

60 million housing units in rural and urban areas under Housing for All 2022.