JLL CII Report: Adapt. Survive. Thrive. -(re)imagining the next normal in India real estate
The 12th Edition of CII Realty & Infrastructure Conclave 2020, a virtual thought leadership forum in association with JLL as Knowledge Partner brought to light a new chapter of growth in Indian real estate fuelled by renewed demand and fresh perspectives. While the conclave prompted the sector to go back to the drawing board, it also outlined opportunities to explore new avenues of business.
Technology has seen faster implementation, especially how properties were managed earlier is being reimagined. On one hand segments like industrial and warehousing are seeing renewed demand and while on the other hand segments like office, retail and residential are re-strategising their business plans. All plans today incorporate altered norms of social distancing, mobility, density, health considerations and agility to recalibrate in future. The platform focused on the significance of investment in technology upgradation and alignment of real estate segments with innovative strategies critical for sustainability in future.
The paper meticulously outlines the key trends and opportunities that were discussed amongst the eminent real estate leaders during the conclave. While there were many key insights that were shared during the two-day virtual thought leadership forum, the key shall continue to be: Adapt, Survive and Thrive. It's time to craft the roadmap to navigate the next normal in India’s real estate.