It is important for investors to back branded property developers who have experience and professionalism on their side. Companies like Ansal API, Unitech, DLF are sure bets. The medium small time to small time developers will shortly bite the dust. The other concern is the speed at which the government allows FDI in the retail sector. I see a 15% growth in the residential sector and possibly 20% growth in the retail segment and a 100% growth in SEZs. Consumer demand keeps soaring high. Quality housing projects embarked by almost all the top real estate developers of the Capital.
We would advise investors to be careful about which real estate developer they are banking on and ensure that they have a good track record of developing quality products. We would also recommend that the serious investor look at long-term gains from the commercial, retail as well as industrial sectors in real estate.
The author is vice-president, Ansal API