Stronger Central, State capex to drive construction sector revival in FY27
The EPC sector’s revenue growth is closely linked to movements in nominal gross fixed capital formation, which Ind-Ra expects to grow 13.1% yoy compared to 8.3% yoy in FY26.
India Ratings and Research (Ind-Ra)
India largely insulated from Middle East conflict: Ind-Ra
Ind-Ra suggests that the effect of the conflict between Iran and US allies on the Indian economy largely depends on its duration.
India Ratings sees 12–14% leasing growth in FY27; Grade A rentals to stay firm
Ind‑Ra expects office stock across the top eight cities to reach about 1,500 msf by March 2027, up 8% YoY and rentals to moderate to 4%-6% YoY.
Residential realty cycle peaks; consolidation phase ahead in FY27: Ind-Ra
Ind-Ra expects the residential real estate sector to see subdued growth in FY27, following strong growth during FY23-FY25 and slow growth in FY26.
