This new report details the planned supply, expected demand and outlook for prices in 65 sub-markets across 10 emerging real estate markets in India.
What are the opportunities and risks associated with these markets?
To find out, book a copy of this latest report from CRISIL Research's real estate team-the team that gave you City Real(i)ty, the most definitive study on the real estate market in India.
How attractive are these real estate markets?
Size of opportunity: We estimate the sales of new residential apartments in these emerging markets at Rs 180 billion in 2012 .
Outlook for apartment prices: Price appreciation is not the sole determinant of long-term attractiveness for investment. Potential for demand growth, price stability, quality of infrastructure, and state government focus on development are the other key determinants.
Conduciveness for real-estate development: Price appreciation is not the sole determinant of long-term attractiveness for investment. Potential for demand growth, price stability, quality of infrastructure, and state government focus on development are the other key determinants.
Research highlights
368 million sq ft of residential space planned across the cities
Surat leads the other cities in value of flats sold
Jaipur has the maximum numbers of flats sold in a year
Prices of flats rose the most in Bhubaneswar during the last 18 months
Over the next, prices of flats will increase the most in Lucknow; five of the 10 areas across the cities, where prices are likely to rise the most, belong to Lucknow.
What kind of effort went into the research?
20 member team; 3 months of effort 250 one-on-one interviews with 6 categories of sources: government, developers, housing finance companies, real estate consultants, brokers and IT/ITeS companies 550 builders covered across 10 cities.
What's in it for me?
Banks; Housing finance companies, Private equity, Real estate funds
Value of opportunity
Estimate of supply by value and size (number of rooms)
Key growth markets in each city
Future trends in apartment prices
Presence of players in each city
Developers, Suppliers/ Contractors
Estimate of supply by value and size (number of rooms)
