Indian Affairs Most Promising Housing Company of the year 2018
The Indian real estate market is expected to touch US$ 180 billion by 2020. Housing sector is expected to contribute around 11 per cent to India’s GDP by 2020. In the period FY2008-2020, the market size of this sector is expected to increase at a Compound Annual Growth Rate (CAGR) of 11.2 per cent. Retail, hospitality and commercial real estate are also growing significantly, providing the much-needed infrastructure for India's growing needs.

Private equity and debt investments in India's real estate sector grew 12 per cent year-on-year to US$ 4.18 billion across 79 transactions in 2017. In 2017, M&A deals worth US$ 3.26 billion were made in India’s real estate sector. Private equity investments in Indian retail assets increased 15 per cent in CY 2017 to reach US$ 800 million. India is expected to witness an upward rise in the number of real estate deals in 2018, on the back of policy changes that have made the market more transparent.

Blowing away all the negativities that the real estate sector had gathered over the last couple of years due to long extended policy paralysis situation, the year 2018 is expected to see the rise of real estate sector in the country and as the beginning of a new dawn for the industry with the implementation of major policies including enactment of Real Estate Regulations and Development Act (RERA). Definitely RERA acted as a catalyst in institutionalisation of real estate sector with the bigger role in escorting developers to regain the lost trust of the majority of buyers. Apart from bringing more transparency in dealings, RERA also helped in curbing the perennial malpractices done by the fly-by-night operators. All throughout the year 2017, the developers as well remained focused on delivery of their on-going projects. As a result, the investors' outlook has also turned positive, though it has not yet reached the level of the year 2007. For the Indian real estate sector facing rough weather for quite some time, the year 2018 is expected to usher in an era of renewed optimism. Even though the buyers had taken cautious approach towards entering the real estate market till the second quarter of the year 2017, there has been noticeable improvement in the market sentiments at the year-end. It was clearly the outcome of the increased transparency brought in by RERA in terms of buyer's expectations. As we move into the year 2018 there's hope on the horizon and so we believe the real estate buyers, particularly the end-users, will be back to take the plunge and go with the best real estate brands. The despondency has already given way to optimism and so the buyers are here to shed their reluctance to invest in real estate sector. Here are the top six companies who made it to the top six finalists at the prestigious category of Indian Affairs Most Promising Housing Company of the year 2018 at the 8th Annual Indian Affairs India Leadership Conclave 2018.

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