Budget 2024: Paving the path to a $1 trillion real estate industry

India’s Interim Budget 2024 can be positioned as a crucial stepping stone towards the ambition of a $1 trillion real estate industry by 2030, especially if capital allocation, digital reforms and housing push stay on a consistent multi‑year track. The article below is drafted in an editorial tone appropriate for publication around 25 January 2024.​ […]

Demand for office space in SEZs on the rise despite sunset date of March 31

Demand for office space in SEZs on the rise despite sunset date of March 31

Demand for office space in Special Economic Zones (SEZs) stayed surprisingly resilient in early 2020, with several large occupiers rushing to close leases despite the March 31 sunset date for key income‑tax benefits. Far from stalling, SEZ transactions were driven by consolidation, long‑term cost savings and occupiers’ confidence in India’s technology and services export story.​ […]