India: Taking a Deeper Look

India: Taking a Deeper Look

April 2014

Corporate Real Estate (CRE) in India is evolving and growing side by side with the changes taking place in the Indian economy as a whole. With a population of 1.2 billion, India is the second largest country in the world. While the economy grew faster and stronger than most world economies during the global economic downturn, there has been a substantial slowdown over the past 1-2 years, with 2012-2013 being the year in which the economy grew at five percent, its slowest pace in a decade. High levels of inflation, slowdown in key Indian sectors, such as mining and manufacturing, as well as a sharp decline in the value of the rupee against the US Dollar (USD), have all been key factors in this slow growth. While all of these issues affect CRE as well, in this series of reports we look specifically at infrastructure, CRE talent, and the role of the developer and how these three factors influence the CRE profession in India.

Keywords: India Report, Asia Pacific, Economy, Market, Government, Talent, Developer, Infrastructure, Business, Industry, Employee, Role

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