IGI Logo

Below is perspective on Motilal Oswal Real Estate commits INR 1,200 Cr through its platform post pandemic by Mr. Shishir Baijal, Chairman & Managing Director, Knight Frank India.

“Despite pandemic infused exigencies, the residential asset class has performed well in India in the year 2021. Increased Residential sales velocity has been observed across the key markets of Mumbai, Pune, NCR, Bangalore, Hyderabad, Chennai, Ahmedabad and Kolkata. Mumbai has already crossed 1 lakh home registrations in the year. The stamp duty rebate in some states, soft interest rates, better than expected economic recovery have been the prime influencers in ushering positive sentiments amongst the home buyers. Many developers have already reduced debt through equity sales and reduction in corporate overheads. Both the domestic and global institutional investors are actively looking at investment opportunities in the Indian residential asset class.

Above views are of the author and not of the website kindly read disclaimer