Upscaling Indian real estate – Ushering in a decade of opportunities

India is rapidly urbanizing, not only in form and features but, from within. An estimated 95 million people will be added, nearly one-fourth of the country’s current urban population, to its already dense cities in the coming decade. The Indian real estate sector needs to gear up to upgrade itself to global standards, introduce more transparency and attract large investments for catering to this unprecedented scale of growth.

Jones Lang LaSalle India’s latest research report Upscaling Indian Real Estate discusses the roles of various stakeholders – architects, builders and the government in preparing and upscaling the Indian real estate market on five broad aspects:

• Housing – A focused approach towards the design and development of low cost housing at suitable locations
• Sustainability – Energy efficient solutions directed towards large scale real estate development, especially residential
• Infrastructure – Urgent attention towards development of urban infrastructure to improve the livability of cities
• Transparency – Higher transparency to foster an environment of trust and introduce efficiency in project implementation
• Urban Branding – Improved imagery of cities with strategic urban branding to attract investments, retain skilled workforce, promote tourism, etc