Source: Zee Business http://bit.ly/3Mtt9CF

The commercial real estate market in India is expected to reach new heights in the coming years. The sector has been the focus of investors in the post-Covid era. The growth in the sector is contributing to the overall growth and also creating employment opportunities. As a consequence of geopolitical uncertainties in the backdrop of the Russia-Ukraine war, the sector has emerged as the protector of strength which has given a boost to the economy.

The market has not only stabilised macroeconomic forces but also significantly mitigated the outflow of foreign exchange from the country.

According to the latest report by Anarock, rental hotspots saw better-than-expected growth between 2019 and 2022. It noted that the rental demand is increasing substantially as more companies are calling their employees back to the office, including in the hybrid mode.

Commercial real estate funds are also making their presence felt in the market as the idea of earning passive income from safe real estate investment has found a lot of excitement among investors.

According to experts, the commercial housing market is the accelerator of growth and sustainer of the sector and is set to witness potentially its best year in the future. Residential sales are also up by 51 per cent during the post Covid-19 period.