REAL ESTATE SECTOR POISED FOR HIGH GROWTH DESPITE GLOBAL AND NATIONAL HEADWINDS
- Credit Rating Agency in India
- Industry Report
- REAL ESTATE SECTOR POISED FOR HIGH GROWTH DESPITE GLOBAL AND NATIONAL HEADWINDS
Globally, 2022 was a remarkable year for real estate as the combination of pent-up economic demand and exogenous supply disruptions caused by the Russia-Ukraine conflict led to inflation reaching levels unprecedented in decades. Similarly, in 2021, investment landscapes generated the highest returns since pre-2008 global financial crisis (GFC), rebounding back from COVID-19 related volatility and a particularly robust industrial market. However, in 2023, investor morale and activity in the transaction markets are being dampened by persistent uncertainty and rising borrowing prices.