tondon

Real Estate India has seen a tremendous positive change in the last decade. Today, Indian construction industry enjoys a substantial presence in the world and has reached a niche where there is no going back. Escalating GDP, improving demographics, growing affordability, and rising impact of IT and ITes are some of the factors that are believed to have fuelled the growth.

 

The booming real estate India sector is all set to witness a cumulative investment inflow of around $435 billion in the next approaching years, says a report by Edelweiss Securities.

 

Further, data showcased by known property surveys have come up with results that the real estate India is all set to see an average annual addition of 2.3 billion sq ft in residential, 61 million sq ft in office and 25 million sq ft in retail space. This makes a total of 33% increase in total constructed area five years down the line.

Trackback URI | Comments RSS