Delhi-NCR’s micro markets continue to stay buoyant

A survey conducted by R&R By Rise showed that the mood of the buyers clearly points to good times for the real estate segment in Delhi-NCR.

India Business News: The inauguration of the Dwarka Expressway by Prime Minister Narendra Modi is expected to significantly boost Gurgaon's real estate market, according to experts, who predict a rise in property prices in the area.

The demand for commercial real estate in NCR is driven by several factors, such as the growth of businesses, an increase in foreign direct investment, and the government's focus on infrastructure development.

According to data from FADA, the overall auto retail market in India grew by 15% YoY in January. The two-wheeler, three-wheeler, passenger vehicle, and tractor segments witnessed YoY growth of 15%, 37%, 13%, and 21%, respectively. However, commercial vehicles (CVs) only saw a 0.1% growth due to factors like extreme weather, tightened liquidity, high vehicle costs, and more restricted financing.

In an exclusive interview, Yashank Wason of Royal Green Realty talks about real estate's focus on sustainability and the challenges faced by the sector in Delhi NCR.

In theory, lower interest rates are supposed to push demand for real estate. but if one looks at what has happened in the last one year, this theory has been turned upside down. Interest rates are high on a relative basis as compared to what they were three years back, but still demand for real estate has not been impacted. It is the economic growth which matters for the demand of real estate. There are two or three ways to play to the real estate boom. One of them is the housing finance companies, which had gone through its fair share of problems then a clean up in the last few years. A number of them have also implemented tech solutions both from growth and controlling non performing assets NPAs.

Two U.S.-based real estate private equity (PE) firms Walton Street Capital and Starwood Capital have exited Shriram Properties Ltd. (SPL) by selling 14.27% stake through a bulk deal on the NSE for ₹134 crore.

The Delhi-NCR market is among the most favoured when it comes to seeing optimistic growth, both in terms of leasing office spaces and high streets.

Letting realism prevail over Panglossian statements will help the central bank get a better handle on tail risks. Continuing rural stagnation should ideally focus attention on the distributional effects of monetary policy.

Alternative Investment Funds (AIFs) are reshaping India's real estate sector by injecting significant capital into residential, commercial, and logistics segments. Since January 2021, AIFs have announced plans to raise over $8.2 billion, with $5.3 billion already secured. This influx of capital is expected to drive sustained growth and innovation in the market.