The year 2017 to witness approx. USD 7 Billion of investments; expected to hit the magic USD 10 billion by 2020.
CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, today announced the findings of its Asia Pacific Real Estate Market Outlook 2017 – India. As per the report, India continues to hold its position as the world’s fastest growing G20 economy, on the back of improved investor confidence and better policy reforms. The report is part of a global research series released by CBRE every year, highlighting trends and dynamics across various segments in the real estate sector for the year ahead.
Commenting on the buoyancy of the sector, Anshuman Magazine, Chairman, India and South East Asia, CBRE said, “With 2016 being the year of landmark decisions for the Indian real estate industry, the sector saw concerted efforts by the Government to bring in transparency as well as boost consumer sentiment in the sector, especially in the residential market. The outlook for the year 2017 is positive with an expectancy of steady growth, stability and revival in the market.”India's Real Estate Market Outlook Report
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