Real Estate Industry To Be Defined By High Demand in 2022

By : 360 Realtors

31 January, 2022

With the real estate sector in India gradually healing back to health, 2022 seems to be a productive year for the real estate players. Among other trends, hybrid projects and offices are likely to emerge as one of the highly demanded avenues. Moreover, high demand is expected to hit the residential real estate sector. In 2021, the market has outperformed the performance a year ago, thanks to the elevated spirits of all the players and better market conditions.

Here’s a look at the key trends in 2022 that would dominate the industry.

  • There would be around 5% capital growth for residential properties in 2022.
  • House prices have undergone upward pressure due to factors related to demand and supply. The sales momentum of 2021 is likely to be visible in 2022 as well. Buyers would be looking forward to invest in larger homes. They are also willing to enjoy better amenities at attractive prices. Accordingly, the developers are coming up with the projects.
  • The demand for office space would continue to grow in 2022, with key IT companies spearheading the industry.
  • Due to the impact of the pandemic, co-working spaces will see high demand. Commercial property owners with low budgets would be willing to invest in these properties.
  • In the warehousing segment, transactions are likely to witness a boom with the development of e-commerce. This sector would be growing around a 20% CAGR.
  • Over the years, the Indian REITs are drawing the attention of investors. This trend is likely to grow stronger in 2022.

With most of these trends looking positive, 2022 promises a happening time to the real estate industry in India. It remains to be seen to what extent these expectations can realize themselves to reality.