• 22 Jan, 2023

• Architecture

• By Srinivas Konda

Real Estate Projections

In 2020, India’s population stood at 1.38 billion and is expected to surpass China by 2030. The country’s economic transformation over the past decades has made it a potential business environment particularly in the service sector. Strong economic growth and favourable demographics has made India an attractive destination for real estate investors across the country.

The Real estate sector is the second largest employer in the country. Real estate industry was historically an unorganized sector with absence of centralized title registry, lack of transparency in transaction, unavailability of financing etc. In recent times, the real estate sector is evolving towards a well regulated and transparent business environment that helps the long term growth of the industry.

The Real Estate Industry in India is segmented as;

• Residential
• Commercial
• Retail
• Hospitality