tondon

Just another Today.com weblog

&
 

Apr 25 2007

Housing sector alone acts as the principal growth driver in India

Published by tondon at 6:17 am under Uncategorized Edit This

There are going to be several factors that are likely to pave the way for large scale capital inflow from FDI, private equity and real estate funds. The list of features includes chunks of large scale land acquired by some known names in the real estate India sector, government incentive for public private partnership models and high amount of bank finance.

 

The report further forecasts and estimated investment of approximately $396 billion for the housing segment alone over the next few years, with a yearly investment of $83 billion. Likewise, the expected investment for the commercial sectors is around $27 billion with an annual investment of $5 billion and retail with $13 billion (annual investment of $3 billion), resulting in a total investment of $435 billion. This indicates a good growth in buy property in India.

 

Standing for 91% of the overall real estate India activity in
India, Housing sector alone acts as the principal growth driver. The nest biggest segment is commercial space, with 80% of the demand sprouting from mushrooming IT/ITes sector.

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
Possibly-related Articles:                                        (auto-generated)

Trackback URI | Comments RSS

Leave a Reply

You must be logged in to post a comment.
Not A Member? Register for Free!

Some Today.com contributors may have received a fee or a promotional product or service from a manufacturer for promotional consideration, while others receive no consideration at all. Each contributor is responsible for disclosing any such promotional consideration.