Real Estate Sector: The Growth Driver For Indian Economy


Introduction

The Indian real estate sector is today one of the fastest growing markets in the world and has come a long way. Real estate in India is being recognized as an infrastructure service that is accelerating the economic growth engine of the country. The growing infrastructure requirement in diverse sectors such as education, tourism, healthcare, etc. are offering several investment opportunities for both domestic as well as foreign investors.

Real estate has taken many steps forward and standing as a flourishing sector today. Being a highly productive sector that is not only contributing in GDP but also in employment generation. New developments are taking place every year which is taking real estate to new heights and simultaneously generating profits.

Government has played an instrumental role in the development of the sector. With the government trying to introduce developer and buyer friendly policies, the outlook for the real estate sector in 2014 does look promising.

What is Driving the Growth of this Skyrocketing Sector?
  • Rapid Urbanization
  • Easy Availability of finance
  • Rising demand from MNC's
  • Rapid growth of service sectors like IT/ITeS, BFSI and Telecom



Associating with real estate industry provides:

  • High Returns of Investment
Since the Real estate deals in purchasing and selling of property or land in billions and zillions. It offers good amount of profits for realtors.

  • Dominant Opportunities
With the thriving economy and favorable demographics the real estate industry presents the most gainful offer for the ambitious entrepreneurs.

  • High Profile Clientele
Entering into real estate business gives you an exciting opportunity to deal with the bureaucrats, elite, celebrities, VIP'S. Therefore, you can build strong and healthy relationships with magnates by offering them the best deal.

What Is Expected From This Sector?

  • Expected to touch US$ 180 Billion by 2020
  • Expected to generate 7.6 Million in 2014
  • Expected to witness major demand for office space in 2014

Its a rewarding business opportunity to go for. Do share your plans to get indulged in this thriving industry.

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