Key Trends in Indian Realty Sector to Watch Out For in 2020
The Indian real estate sector is poised to see a tremendous change from its traditional approaches due to increased demands and the introduction of new regulations like RERA, GST, etc. With policy reforms, increased workforce, the advent of new technologies, and people’s inclination towards investing in property, the Indian real estate sector is growing substantially. Key Trends Smart Cities Smart city projects launched by the government could be one factor among others that could fuel the growth of the realty sector in India. Infrastructure development in tier 2 and tier 3 cities along with steps taken by local governments to provide basic amenities like water, electricity, transportation, etc. will add to the growth of the real estate sector in these cities. Development of townships and residential projects in cities to meet the demands of home buyers. For example, people are looking for new apartments in Hyderabad as the city is wi