CII: Emerging investment hotspots
The recently approved Real Estate Regulatory Bill is an important initiative by the government to address the concerns of real estate sector
Jun 25, 2013
Source : The Times of India


DELHI: India has its own unique and integral complexities and business is not an exception to it. Corporations strive for increased efficiency and productivity amidst these complexities. Real estate is an integral ingredient in the formation and growth of all businesses and steadily maturing into a big business itself.

As such the performance of real estate sector depends largely on the performance of the economy and the businesses in specific. Decision makers have been in a state of indeterminacy given the fabric and structure of how the country keeps oscillating between promises & optimism and persistent challenges & policy inertia. The recently approved Real Estate Regulatory Bill is an important initiative by the government to address the concerns of real estate sector.

Land Acquisition and Rehabilitation and Resettlement Bill that is yet to be approved is also expected to be another step towards regulating the real estate sector. However, information asymmetries and laxity in disclosure norms need to be addressed for the real estate sector to achieve optimum potential in development and investments. While the real estate sector is moving ahead slowly and steadily, certain inaction is resulting in to stagnation from this dense and multifaceted much to be attained growth.

At a juncture like this, there is a need for a focused push in the right direction for the real estate industry to remain buoyant going forward. It is therefore essential for all stakeholders to equip themselves with a deeper understanding of not only the real estate sector but also the businesses they serve. The key for businesses to do well will be their ability to decipher this complexity and embrace it with a pragmatic approach, and the same applies to real estate sector. Addressing the inherent need of the current state, CII in association with Jones Lang LaSalle aims at gaining well-rounded perspectives from the industry on factors that could turn India into a global real estate powerhouse faster than expected. Meanwhile the other side of these uncertainties are the opportunities created by them in the real estate sector. Investors are often in look out of such opportunities. However in such an environment of uncertainty, returns through capital appreciation and security of the invested capital are the prime concerns of investors. Therefore real estate investors face this pertinent question of where to invest. This report seeks to answer this question to a certain extent.

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