Outlook for Shared Real Estate Economy: U,V,L Shaped Recovery
Key Highlights:
- One can expect a sharp 80-90% improvement in the shared RE sector in the coming months. The rest 10-20% recovery will take more time.
- To restart and reboot the economy, it has to be a joint effort between the government and the entrepreneurs.
- Many Indian states are aggressively reaching out to manufacturers across Asia to draw investments in their states
- At the back of the pandemic, customer sentiments are changing with an increased focus on safety and well-being.
- Technology, evolution from just being space providers to solution providers will play a vital role in ensuring long term sustainability of businesses. India is one of the most attractive destinations for investment, will attract surplus capital from around the world in the next 6-12 months.