Updated Dec 29, 2020 | 17:31 IST
As lower credit costs and rates boost buyer s confidence, the real estate has embarked on the path to profitability. The housing frenzy has just begun as buyers increasingly invest in their dream home. Representational Image
Key Highlights
With the labour force resuming work and the government s joint reprieve, the real estate is turning away from the shadows of pandemic-led lockdown
Savills India report says that the private equity (PE) investments in real estate will grow by 30 per cent in the 2020 to $6 billion
Atul Suri of Marathon Trends - PMS says to ET Now that companies helping in home improvement is the best trigger for 2021
Plenty of opportunities in India s cloud market
Atul Suri: Platform business going to be a mega trend from a 3-5 year horizon
Platform business is poised for remarkable gains as COVID will trigger a tectonic shift towards digital space, said Ace chartist Atul Suri to ET NOW. The CEO at Marathon Trends – PMS pointed out the dearth of interesting platform businesses in the listed space but reiterated that there is a lot happening in the private equity space. Atul Suri stressed that platform business going to be a megatrend from a 3-5 year horizon.
The prominence and relevance of platform and cloud businesses have grown exponentially ever since COVID and the subsequent lockdown catalysed an unprecedented digital shift. While the tech sector globally recovered strongly post the pandemic, the headlines were garnered by listed large companies. Atul Suri categorically insisted that it was not the ‘large, vanilla contractors’ that he remained focused on.