Includes 3 FREE quarterly updates
The India Real Estate report examines the commercial office, retail, industrial and construction segments throughout the country in the context of a cyclical slowdown. With a focus on the principal cities of Mumbai, Hyderabad, Gurgaon, Chennai and Bangalore, the report covers the rental market performance in terms of rates and yields and examines how best to maximise returns in the commercial real estate market, while minimising investment risk.
In December 2012, BMI conducted its latest round of interviews with in-country sources on India's commercial real estate sector. The outlook is subdued for 2013, with a mixed bag of results reported for 2012, although our sources predict very slow growth across the board from 2014. This outlook supports the current fears over India's major developers' debt levels, rising raw material costs and renewed economic crises in the US and eurozone. In addition, there are areas in the country where retail rents are on a par with those in the US, which has tended to price a number of potential renters out of the market.
The India Real Estate report examines the commercial office, retail, industrial and construction segments throughout the country in the context of a cyclical slowdown. With a focus on the principal cities of Mumbai, Hyderabad, Gurgaon, Chennai and Bangalore, the report covers the rental market performance in terms of rates and yields and examines how best to maximise returns in the commercial real estate market, while minimising investment risk.
In December 2012, BMI conducted its latest round of interviews with in-country sources on India's commercial real estate sector. The outlook is subdued for 2013, with a mixed bag of results reported for 2012, although our sources predict very slow growth across the board from 2014. This outlook supports the current fears over India's major developers' debt levels, rising raw material costs and renewed economic crises in the US and eurozone. In addition, there are areas in the country where retail rents are on a par with those in the US, which has tended to price a number of potential renters out of the market.
BMI Industry View
SWOT
Business Environment
Economic
Political
Industry Forecast
Table: Office Forecast Rents - 2013 (INR per m2/month)
Table: Office Forecast Net Yield, 2010-2017 (%)
Table: Retail Forecast Rents - 2013 (INR per m2/month)
Table: Retail Forecast Net Yield, 2010-2017 (%)
Table: Industrial Forecast Rents - 2013 (INR per m2/month)
Table: Industrial Forecast Net Yield, 2010-2017 (%)
Construction And Infrastructure Forecast Scenario
Table: India Construction And Infrastructure Industry Forecasts, 2011/12 -2016/17
Table: India Construction And Infrastructure Industry Forecasts, 2017/18 -2022/23
FY2013/14: Structural Weakness
Macroeconomic Forecasts
Table: India - Economic Activity
Industry Risk Reward Ratings
Asia-Pacific Risk/Reward Ratings
Table: Asia Pacific Real Estate Risk/Reward Ratings
Business Environment Outlook
Table: BMI Business And Operation Risk Ratings
Table: BMI Legal Framework Rating
Table: Labour Force Quality
Table: Asia, Annual FDI Inflows
Table: Trade And Investment Ratings
Table: Top Export Destinations, 2004-2011
Tax Regime
Operational Risk
Market Overview
Office
Table: Historic Rents - (INR per m2/month)
Table: Net Yield, 2011-2012 (%)
Table: Terms of Rental Contract/Lease - H212
Retail
Table: Historic Rents - 2011-2012 (INR per m2/month)
Table: Net Yield, 2011-2012 (%)
Table: Terms of Rental Contract/Lease - H212
Retail Sales Indicators
Table: India Retail Sales Indicators, 2010-2017
Industrial
Table: Historic Rents - 2011-2012 (INR per m2/month)
Table: Net Yield, 2011-2012 (%)
Table: Terms of Rental Contract/Lease - H212
Competitive Landscape
Company Profile
Ambuja Cements
DLF
Parsvnath Developers
Sobha Developers
Demographic Forecast
Table: India's Population By Age Group, 1990-2020 ('000)
Table: India's Population By Age Group, 1990-2020 (% of total)
Table: India's Key Population Ratios, 1990-2020
Table: India's Rural And Urban Population, 1990-2020
Methodology
How We Generate Our Industry Forecasts
Construction Industry
Bank Lending
Real Estate/Construction Business Environment Rating
Table: Weighting Of Indicators
Sources
SWOT
Business Environment
Economic
Political
Industry Forecast
Table: Office Forecast Rents - 2013 (INR per m2/month)
Table: Office Forecast Net Yield, 2010-2017 (%)
Table: Retail Forecast Rents - 2013 (INR per m2/month)
Table: Retail Forecast Net Yield, 2010-2017 (%)
Table: Industrial Forecast Rents - 2013 (INR per m2/month)
Table: Industrial Forecast Net Yield, 2010-2017 (%)
Construction And Infrastructure Forecast Scenario
Table: India Construction And Infrastructure Industry Forecasts, 2011/12 -2016/17
Table: India Construction And Infrastructure Industry Forecasts, 2017/18 -2022/23
FY2013/14: Structural Weakness
Macroeconomic Forecasts
Table: India - Economic Activity
Industry Risk Reward Ratings
Asia-Pacific Risk/Reward Ratings
Table: Asia Pacific Real Estate Risk/Reward Ratings
Business Environment Outlook
Table: BMI Business And Operation Risk Ratings
Table: BMI Legal Framework Rating
Table: Labour Force Quality
Table: Asia, Annual FDI Inflows
Table: Trade And Investment Ratings
Table: Top Export Destinations, 2004-2011
Tax Regime
Operational Risk
Market Overview
Office
Table: Historic Rents - (INR per m2/month)
Table: Net Yield, 2011-2012 (%)
Table: Terms of Rental Contract/Lease - H212
Retail
Table: Historic Rents - 2011-2012 (INR per m2/month)
Table: Net Yield, 2011-2012 (%)
Table: Terms of Rental Contract/Lease - H212
Retail Sales Indicators
Table: India Retail Sales Indicators, 2010-2017
Industrial
Table: Historic Rents - 2011-2012 (INR per m2/month)
Table: Net Yield, 2011-2012 (%)
Table: Terms of Rental Contract/Lease - H212
Competitive Landscape
Company Profile
Ambuja Cements
DLF
Parsvnath Developers
Sobha Developers
Demographic Forecast
Table: India's Population By Age Group, 1990-2020 ('000)
Table: India's Population By Age Group, 1990-2020 (% of total)
Table: India's Key Population Ratios, 1990-2020
Table: India's Rural And Urban Population, 1990-2020
Methodology
How We Generate Our Industry Forecasts
Construction Industry
Bank Lending
Real Estate/Construction Business Environment Rating
Table: Weighting Of Indicators
Sources