Inversiones a largo plazo

#SECTOR #POTENTIAL • The real estate market in India has grown by 11.3% CAGR from 2008 to 2020. It is expected to reach $1,000 bn by 2030. By 2025 end, the sector would contribute ~13% to India’s GDP. • In 2024, saleable area supply stood at 609 msf while absorption was 588 msf. In value terms, supply was ₹5.3 lakh cr & absorption was ₹5.7 lakh cr. In terms of supply of units amongst top 7 cities, MMR has an average share of 31% from 2019-2024. • The share of affordable segment (less than ₹40 lakh) has declined from 30% in 2020 to 16% in 2024. The combined share of midend (₹40-₹80 lakh) & high-end (₹80 lakh-₹1.5 cr) was 61% in 2020, which has moved down to 51% in 2024, with mid-end declining and high-end rising. The share of luxury (₹1.5-₹2.5 cr) and ultra-luxury (₹2.5 cr+) rose from 6% and 3%, respectively in 2020 to 14% and 17%. • Mumbai, being the largest real estate market in the country is set for a major boom, which will further add to the overall surge. A new coastal road, a metro rail and a trans harbor link are among the many ongoing infrastructure projects that are meant to transform India’s commercial capital into a modern and efficient city. As these projects complete over the next few years, new micro markets will open in and around Mumbai, as commuting would become easier. That will boost real estate development further. • Sales: Residential sales across India’s top 7 cities declined by 28% YoY in Q1 2025 to ~93,300 units, impacted by price resistance and geopolitical uncertainties. • Launches: New launches stood at ~1,00,000 units, down 10% YoY, with a strong tilt toward premium and luxury segments in Q1 2025. • Inventory: Despite slower sales, available inventory fell 4% YoY to ~5.6 lakh units, indicating healthy absorption in select markets Q1 2025 for top 7 cities of India.