Residential

Favorable demographics, urbanization, rising incomes and easier access to finance are fuelling a strong demand for residential accommodation. India has an acute dearth of quality housing, with analysts assessing a shortfall in urban areas of over 20 million units.

Commercial

Occupier demand would be supported by a 30% annual growth forecast for the IT/ITES sectors. Strong growth in emerging sectors such as telecom, financial services, pharmaceuticals, and biotechnology will also boost demand and broaden the occupier base. State-of-the-art campus developments are expanding rapidly, and new sale & leaseback opportunities are emerging.

Retail

India has huge potential for retail expansion, and the sector is growing at a good pace of 10% a year. Organized retailing currently accounts for only 2-3% of the market, but the sector is undergoing structural change, with leading domestic retailers going through rapid growth, format migration and consolidation. The construction of Shopping Centers has attained a new high but most of it, is of poor quality and high vacancy risk. There is a lot of untapped potential for high quality shopping mall development. Moreover, liberalization of FDI norms has created opportunities for cross-border investors and mall developers/ operators.