Housing sales are expected to rise in 2019, as the realty market is on a recovery path after absorbing the impact of policy reforms like RERA, GST and note ban. 200 million sq ft of space will be added in 2019 across all segments including housing, office, retail and logistics. The growth of the Indian Real Estate market in 2019 will be driven by numerous factors including technology, demand-supply dynamics, improved ease of doing business rankings and the dust settling post the implementation of reforms such as GST, RERA among others. The residential market is better placed this year as speculation-led investment activity has reduced significantly and financial checks are in place to prevent over-gearing. Alternate assets such as co-living, student and senior housing will continue to garner greater interest from end-users and developers.

(Business Today)