Indian Real Estate Developers' Sentiment Survey 2024: A Glimmer of Hope

Colliers' survey highlights the positive sentiments prevailing in the Indian housing market, with developers expecting a bull run in 2024.

Real EstateDevelopersSentiment SurveyIndian Housing MarketColliersReal Estate MumbaiJul 05, 2024

Indian Real Estate Developers' Sentiment Survey 2024: A Glimmer of Hope
Real Estate Mumbai:The Indian real estate sector has been on an upward trajectory over the last two years, driven by strong fundamentals. According to Colliers' 'Real Estate Developers' Sentiment Survey 2024', the housing market is likely to continue its bull run in 2024. The survey, conducted across tier I and II cities, reveals that developers are adopting a strategic and cautious approach while launching new projects, aligning with market demand.

However, developers are seeking specific reforms and government intervention to accelerate activity in the sector. The top priorities for developers include rationalization of taxes and government charges, sops for affordable housing, and setting up a single window clearance mechanism.

The survey highlights the positive sentiments prevailing in the Indian housing market, driven by factors such as increasing demand, improving affordability, and government initiatives. As the sector continues to evolve, developers are focusing on creating sustainable and innovative projects that cater to the changing needs of homebuyers.

Colliers, a leading real estate consultancy firm, has been at the forefront of providing insights and expertise to the Indian real estate sector. With a team of experienced professionals, including Badal Yagnik, CEO of Colliers India, Vimal Nadar, Senior Director of Research, and Suryaneel Sharma, General Manager of Research, the firm is committed to delivering exceptional results and thought leadership in the sector.

Information
Colliers is a leading global real estate services and investment management company operating in 69 countries. With a strong presence in India, the firm has established itself as a trusted advisor to developers, investors, and occupiers.

Colliers India is a leading real estate consultancy firm that provides a range of services, including advisory, transaction, and management solutions. With a team of experienced professionals, the firm is committed to delivering exceptional results and thought leadership in the sector.

Frequently Asked Questions

What is the 'Real Estate Developers' Sentiment Survey 2024'?

The survey is a report by Colliers that highlights the sentiments of real estate developers in India, providing insights into the Indian housing market.

What are the top priorities for developers in the Indian real estate sector?

The top priorities for developers include rationalization of taxes and government charges, sops for affordable housing, and setting up a single window clearance mechanism.

What is driving the growth of the Indian housing market?

The growth of the Indian housing market is driven by factors such as increasing demand, improving affordability, and government initiatives.

What is Colliers' role in the Indian real estate sector?

Colliers is a leading real estate consultancy firm that provides a range of services, including advisory, transaction, and management solutions, to developers, investors, and occupiers in India.

Who are the experts involved in the 'Real Estate Developers' Sentiment Survey 2024'?

The survey involved experts from Colliers, including Badal Yagnik, CEO of Colliers India, Vimal Nadar, Senior Director of Research, and Suryaneel Sharma, General Manager of Research.

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