siliconindia | | DECEMBER 20234 siliconindiaPublisher & Managing EditorAssistant Managing EditorAssociate EditorAlok ChaturvediMandvi SinghIndranil ChakrabortyVol 10 · Issue 08 - 02 · DECEMBER, 2023Editorial TeamHima P. MP. Tejaswini Roshan AktharManager - DesignPrabhu Dutta A.R.N RayArt ManagerSuanya Chakraborty Designers Mrigank SharmaDebjani Maity AcharyaGM- Sales & MarketingShashi RanjanAdvertising ManagerBhavani N B advertise@siliconindia.comEditorial Querieseditor@siliconindia.comCirculation Manager Magendran PerumalTo subscribeVisit: https://www.siliconindia.com/subscribe/or send email to subscription@siliconindia.comMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Silicon Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2023 Silicon Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.siliconindiaEditorialIndia and its real estate prospects are mesmerizing, given the expansively broad area it covers, segmented as Residential, Commercial (Office, Retail, Hospitality), and Industrial. No doubt there was a downturn during COVID-19 pandemic prevalence with certain restrictions levied, but the sector is being is well complemented by the demands created by the corporate sector and the demand for office space, urban and semi-urban accommodation. Furthermore, it's the increasing non-resident Indian (NRI) investment- both in the short term and long term, being made by the prospective HNIs who are propelling the real estate market's growth exceedingly now. Especially the IT hubs and developing cities across the nation, who are the hotspots of the Real estate market's growth, and some such cities are Bengaluru, Pune, Delhi, Ahmedabad, Dehradun, and more. According to Mordor Intelligence's, Indian Real Estate market analysis, the Real Estate industry In India is estimated at $265.18 billion in 2023, and is expected to advance further to touch $828.75 billion by 2028, growing at a CAGR of 25.60 percent. Ahmedabad's residential real estate market healthy growth observed through launch of 6194 units in Q2 of 2023 is a testament to this growth. The city's mid-segment contributed to around 55 percent of the launches, while the Northern corridor (GIFT City, Peripheral North, and North) provided approximately 50 percent of the launches. Not to miss, Kolkata property market demand also holds a major share in this, with the city maintaining an upward trajectory. The demand-supply dynamics in major areas in Kolkata have been consistently strong, and this attributes huge buying desire among many prospective buyers. Ensuring a high-quality lifestyle Coimbatore real estate market also marches ahead with high-rise demands in its best residential properties. Well, providing the much-needed infrastructure for India's growing needs respective of retail, hospitality, and commercial, there are many key leaders dynamically accelerating the real estate sector today. Through our current edition, `Real Estate Special - 2023' we are acknowledging some key Real Estate market leaders in Ahmedabad, Kolkata, Coimbatore, and more. Read to know more about them.Do read through and let us know what you think!Helping Realizing Unrealistic Infrastructure DreamsMandvi SinghAssistant Managing Editoreditor@siliconindia.com
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