Forecast of Real Estate Market

Buyers arent expressing any interest in projects that are rated to be overpriced and this trend will continue throughout a half of .Real Estate InvestmentYear , Mumbai underscore its status as a somewhat safe haven for Indian real estate. High Networth Individual HNI investors will reenter market in a way and increased HNI investment volumes are gonna put pressure on core cap rate. Market could see the shortrun fluctuations as investors alternate between looking for more risk and briefly pulling back.The debt capital availability is likely strengthen the core investments monetary capital however financing challenges will continue for highrisk, opportunistic real estate financial savings.There

is every indication in , a number of distressed residential property of Mumbai by smaller developers will be acquired by large and mcallen realty mediumsized developers at subvaluation prices. Few developers are gearing substantially sell their noncore land and divest their stakes in noncore business with regard to hospitality and retail. Retail Real EstateMumbais retail property looks buoyant bright in year . well see some of the cities older malls being repositioned, retenanted and refurbished. The vacancy level will craze of several poorlydesigned and unfavourably located malls. The redevelopment of several old residential societies in the Island city will give rise to an unexpected availability of more high street retail space.

Storewithinstore formats, drive through lanes and pickup zones will be implemented in mercial Real EstateThose who thought was a discouraging year for Mumbais office space market, so do will not bring any obvious causes of cheer. The demand is marginally less in with IT and ITES companies becoming even more cautious on account of the expected reduction in IT spend by US and European manufactures. Uncertain economic environment will continue leading to reduced employment growth which means that lower the fresh commercial property compression. The tighter lending standards for commercial construction will not help either. On the brighter note these market conditions continues to favour tenants in most of Mumbais micromarkets by ways of a higher bunch of options, rational pricing and other concessions.