The Indian people have high expectations from their central government after the clear mandate that they have been provided.
Global and local sentiments point to steady development of infrastructure and a period of sustained economic growth.
This, along with renewed global interest in Indian infrastructure and expected moves favouring investment in real estate, suggests that we are about to enter a great time to invest.
The new central government is expected to continue its predecessor’s efforts to encourage investment in real estate.
Moves such as the introduction of Real Estate Investment Trusts (REITs) are likely to make investment in real estate more lucrative in the future.
REITs are likely to help smaller investors get increased access to real estate assets, making it easier for them to invest in real estate. This will give the market more depth and further increase the already high investor demand in the country.
Over the past year, investment in real estate has yielded higher returns than investment in gold and silver.
This was driven less by growth in the real estate sector and more due to the government’s moves to curb gold and silver imports.
But, as India’s economy grows, an infrastructure-driven approach is expected to make real estate investment increasingly lucrative as compared to its alternatives.