real estate by alpine housing
TRANSCRIPT
The strong fundamentals of the Indian economy are having a favorable impact on all asset classes of Indian real estate viz. housing, commercial — office space and retail and hospitality.
In recent years, the growth has spread out to tier-II and III cities as well.
High growth in services as well as manufacturing sector has resulted in high demand for commercial and industrial real estate.
Further the economic growth has trickled down to the large Indian middle class increasing affordability and affluence. Improving living standards are driving the demand for better quality housing and urban infrastructure.
Power Additional power generation capacity of around 78.500
MW Roads and highways Six-Ianing 6,500 km of Golden Quadrilateral and selected National Highways Four-laning 6.736 km on North-South and East-West Corridors Four-laning 20.000 km of National Highways Widening 20.000 km of National Highways to two lanes Developing 1.000 km of expressways
Railways Constructing dedicated freight corridors between Mumbai-Delhi and Ludhiana-
Kolkata0 8.132 km of new railway lines; gauge conversion of over 7.148 km
Airports Modernization and redevelopment of 4 metro and 35 non-metro airports Constructing 7 greenfield airports Constructing 3 airports in North-east region
Telecom Achieving a telecom subscriber base of 600 million. with 200 million rural
telephone connections0 Achieving a broadband coverage of 20 million and 40 million internet
connections
There has been a drastic
curtailment in restrictive
policies such as the Urban Land
Ceiling and Regulation Act.
Reforms in the Integrated Township
Policy.
Liberalization of FDI rules and the emergence of real estate
funds.
Range of Government benefits & incentives including
residential tax breaks and the
Special Economic
Zones.
Overall Impact considered to be marginally positive.
Infrastructure investment to be raised over 9% of GDP.
Funding pressure on construction companies to be eased by
PPP.
PPP infrastructure projects to be refinanced upto 60% through
IIFCL.
Rs 39.7 billion allocated for rural housing schemes.
Focus on providing housing to people of economic weaker
section & lower income group.
Close to $7 billion to $8 billion of venture
capital expected to flow into Indian real estate
market.
A significant increase in project execution
through Public- Private-Partnerships.
More demand for office and industrial space.
Current levels of investments in infrastructure
are not sufficient to bridge the gap between
demand and supply.