India Real Estate: Residential & Commercial Updates (Jul-Dec 2016)

8
February
Wednesday
8:30 AM
8
February
Wednesday
9:30 AM

India Real Estate: Residential & Commercial Updates (Jul-Dec 2016)

The residential market of India's top 8 cities started off on a positive note in 2016. Despite this, the demonetization move pulled down the last quarter sales across all cities. The fall in Q4 was so intense, that the second half of 2016 ended below the same period in 2015. Uncertainty is likely to remain in the next quarter.

The office market on the other hand has grown from strength to strength with 2016 office demand holding steady and consistent with the 2015 level. In 2017, we could also look forward to the first REIT listing that will bring in depth in the funding of commercial real estate sector. However, it will be important to take note of new policies of the Trump Administration and outcomes of Brexit that are likely to decide the growth trajectory of the office market.

Please join USIBC and Knight Frank India as we discuss these timely updates from India's real estate sector featuring experts from Knight Frank India, Gulam Zia and Samantak Das, who will also answer questions on the implications of the Union Budget 2017-18 on India's real estate sector.

 For questions or details, please write to Ms. Hemal Shah (hshah@usibc.com).