Bengaluru is seeing increased interest in alternative real estate investments such as senior living and co-working spaces as investors seek wealth creation avenues beyond traditional housing investments.
“In Bangalore, there is growing interest in new real estate investments such as senior housing and co-working spaces. For example. The evolving market for senior housing facilities in India presents lucrative opportunities for developers and operators. “With a limited supply of senior housing options in the country, investors have the potential to take advantage of this gap and reap significant rewards,” said Alice Uniturn RE Solutions MD. said Navin Dhanuka, CEO and CEO.
Shesh Rao Parrikar, Founder and CEO, BHIVE Group He said he is doing so.
The pursuit of higher returns and a keen understanding of emerging market dynamics are evolving the investor landscape.
“Over the next decade, we expect to see significant investment in alternative asset classes, creating intense competition from existing financial products,” said Shesh Rao Parrikar.
Recognizing the growing demand for quality senior care, investors are increasingly attracted to this sector and expect rental income to grow by around 8-10% annually, Navin Dhanuka added.
Industry experts say the benefits of real estate investing extend beyond financial gain, including passive income, stable cash flow, tax benefits, portfolio diversification, and strategic use of leverage to increase returns. I think there are.
Additionally, real estate investment trusts (REITs) provide an indirect yet accessible way to invest in real estate, allowing individuals to benefit from real estate income and appreciation without assuming direct ownership. REITs provide liquidity and portfolio diversification to the real estate market, Navin added.
Meanwhile, according to the Colliers India Report, the Indian office market witnessed remarkable growth in 2023 with a total absorption of 58.2 million sq ft across the top six cities. The final quarter of this year saw record demand for office space in India, with all three southern cities – Bengaluru, Chennai and Hyderabad – posting their best performance since the coronavirus pandemic. In 2023, Bengaluru and Delhi-NCR led leasing activity, accounting for about half of India’s total office space demand, while Chennai made it into the top three list for the first time.
Disclaimer: The views and recommendations expressed above are those of individual analysts and not of Mint. We recommend checking with a certified professional before making any investment decisions.
Unlock a world of benefits! From insightful newsletters to real-time inventory tracking, breaking news and personalized newsfeeds, it’s all here, just a click away. Log in here!