Published Paper Details:

The Indian Real Estate Industry is contributing greatly towards the development of the economy by supporting other associated sectors. Delhi/NCR is a prime example of an excellent type of influential Real Estate Market that is dynamic in nature. The factors that have greatly affected the Real Estate Market include urbanization, innovations, changing consumer behaviours, etc. In addition, the study aims at assessing the future trends of the Real Estate sector in Delhi/NCR. It would highlight the key factors that affect its development. The analysis will incorporate this descriptive analysis along with some of the understanding derived from both primary and secondary sources of information. The primary information for this analysis was collected through a well-structured questionnaire intended for the developers within the Delhi NCR region. This was done to gather their views about demand trends, market stability, infrastructure, and their usage of technology and sustainability. The secondary information for this analysis was obtained through means such as published reports and documents accessible within government sources across various internet platforms. The findings bring into view that the enhancement pertaining to the road's connectivity, transparency at regulations, and strong demand at the end user level play a very important role in the direction to the enhancement seen in the Delhi NCR region. The study also highlights a continuously rising interest seen on affordable housing, medium level of income housing, higher adoption towards the application of technology, and focus on Green Buildings/development. The Commercial Real Estate segment also shows signs of enhancement with flexible offices and higher technology. The overall conclusion drawn in this study is that for a region such as Delhi NCR, where this report was generated, there are huge growth opportunities for a proper and well-thought-out growth pattern, subject to an appropriate and proactive response to upcoming policies and adaptability to new technologies and tastes and preferences.