REITs In India: Predictions For The Next 24 Months... And Beyond
Unfinished apartments, in Noida, Uttar Pradesh, India, on Jan. 20, 2020. (Photographer: Prashanth Vishwanathan/Bloomberg)

REITs In India: Predictions For The Next 24 Months... And Beyond

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Gross absorption is already projected to be lower than 2019 levels, and the total supply as of March 2020 increasing by only 1 percent year-on-year, after developers shifted their focus to completing pre-existing commitments (Source)

Currently, the relaxation is only in the form of extension to the filing period

According to Cushman and Wakefield, India’s co-living market is expected to double by 2025 to USD 13.92 billion across top 30 cities

This article was written by Arjun Lall - Partner (Head – South), Janhavi Manohar - Principal Associate, and Rohit Tiwari - Principal Associate, at the Bangalore office of Cyril Amarchand Mangaldas, and was originally published on the law firm’s blog.

The views expressed here are those of the authors and do not necessarily represent the views of BloombergQuint or its editorial team.