Expect a moderate bounce in Real Estate Sector in India

Real Estate and Infrastructure Development has witnessed unprecedented growth in India in the last few decades. From roads to highways and bridges to state-of-the-art buildings, housing systems, office complexes, malls and more – the construction scenario has been spectacular. However, with the growth comes the slack! With with the economies facing recession, meltdown and slump in the past few years, the Real Estate Sector too has borne the brunt. Soon enough, as the economy took a downtrend, the high salaries started to dwindle and the housing loan rates refused to budge lower, stagnation hit the markets. Add to this the fact that the rampant development led to a scarily progressive environmental degradation – a scenario to which ruling bodies and governments woke up pretty late. Combine all this, and the Real Estate has slipped to a slump that still, after 3-4 years- refuses to end – even in the metros and Class A cities of India. With the new government getting instated at the centre last year, the hopes had risen considerably, owing to PM Modi’s pro-development and infrastructure policies.

However, investors have still been left waiting. When can this trend be expected to catch some momentum? Ganesha takes a look at Independent India’s Kundli to predict the way ahead for the Real Estate sector in India.