International Consultants Exploring Novel Strategies In Real Estate in India

International property consultants are eyeing new opportunities in India and are exploring novel strategies to tap segments that they expect will become gushers. One such firm is CBRE Inc with headquarters in California USA and it has now set sights on Indian property markets. Its aim is to arrange finance for developers and to rope in those with wealth to invest in real estate. Simultaneously, CBRE has expanded personnel in its retail team to take advantage of FDI opportunities. CBRE’s involvement in residential properties has sustained growth of demand for affordably priced homes despite challenging slowdowns in commercial sectors and slow growth.

While active in the south, mainly in Chennai and Bengaluru, CBRE plans to enter NCR region in a huge way and are in the process of making arrangements with developers according to Anuj Puri, Chairman and country head CBRI. International consultants are widening focus to take in asset management besides finances to thrive in a stagnating market or markets with low growth rates, especially in commercial sectors. For instance BNP Paribas Real Estate and Infrastructure Advisory Services is looking into land transactions, a move away from its traditional focus on commercial spaces. Expanding horizons means interacting and tying up with local brokers to land even smaller deals.  Involvement of CBRE, BNP and DTZ International could redefine the way property deals move.