Realty sector upbeat but wary in Delhi

Realty sector upbeat but wary in Delhi

Many recent reports suggest that the real estate sector in India is improving. According to a study, India Office market View for Q2 2015, conducted by a premier commercial real estate services firm, CBRE, commercial real estate deals across Indian metros are rising. Latest reports from Delhi suggest that Transit-oriented development (TOD), would change the realty sector. This will allow developers to maximize on the available floor area ratio, is a concept for congested areas where a transport corridor is going through.

A report from Hyderabad states that the real estate sector in the city is growing rapidly, signifying renewed interest from consumers and developers. According to this report, Telangana Registration and Stamps Department has registered a 34 per cent growth in its revenue in the first quarter of the 2015-16 financial year, relative to the corresponding period the previous year.


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