Real Estate in India can Expect Healthy Demand in 2022: Report

According to a report of Knight Frank India, an International Property Consultant, the next year can be a stable year to get over the effects of the pandemic for both commercial and residential sectors. The report also claimed that the residential sector can see a growth of up to 5% in its values in 2022.

The share of e-commerce in total transactions is expected to increase to 36% from 31%. The resilience of Indian REITs during a pandemic and the popularity it gained during the pandemic among retail investors can lead the way for other commercial real estate REITs.

The Chairman and Managing Director of Knight Frank India, Shishir Baijal said that with residential segments the real estate sector is showing better performance even during the pandemic. He also mentioned that if the sector keeps on growing at this rate it will soon be able to match and even cross the pre-pandemic levels.