CII-CBRE releases report on real estate

Hyderabad: CII in association with its knowledge partner CBRE, on Friday released a joint report 'Real Estate – A Relook' at the XV edition of its flagship conference on Real Estate - CII CBRE REALTY 2019.

Unveiling the knowledge paper, Hardeep Singh Puri, Minister of State for Housing and Urban Affairs, Civil Aviation (I/C) and Commerce & Industry, Government of India said, "Introduction of RERA has led to a truly revolutionary phase in the history of real estate.

With the transparency, reforms and regulation that these new policies have brought to the sector, now is the time to enter into the new technology-driven approach; building green and eco-friendly homes."

Anshuman Magazine, Chairman – CII Realty 2019 & Co-Chair, CII National Committee on Housing & Real Estate and Chairman & CEO – India, Southeast Asia, Middle East & Africa, CBRE said, "In the wake of positive policy reforms, emergence of a strong workforce, introduction of new technologies and growth of newer asset classes, the momentum of India's realty sector is growing substantially.

The theme of this year's conference 'Real Estate – A Relook' reviews the emerging factors that will build the future of real estate sector.

India has one of a kind growth story; real estate as the country's growth propeller and we at CBRE are committed to be at the centre of this growth trajectory.

The CII CBRE report 'Real Estate – A Relook' unveils a sectoral overview and outlines factors that will redefine real estate soon."