India’s realty sector shifts to sustainable growth mode: Ind-Ra
Real estate growth moderates after a strong upcycle, but structural demand and disciplined execution continue to support sector stability.
Real estate growth moderates after a strong upcycle, but structural demand and disciplined execution continue to support sector stability.
The insolvency system will continue to produce low realisation values because its fundamental structural problems remain unaddressed.
GCCs are projected to increase their share of office absorption to 42-45% by FY29-FY30, from nearly 40% currently, supporting stable occupancy and cash flow visibility.
Ind-Ra believes larger size single bond issuances would materialise gradually; however, the medium-term outlook for municipal bond activity remains strong.
Increased imports from China, due to higher US tariffs, and global market competitiveness may suppress realisations in segments, namely chemicals and petrochemicals, limiting benefits.
The Survey strongly emphasises maintaining fiscal credibility and highlights improvements in public expenditure quality by both the union and state governments.