Thursday, 13 October 2016

Real Estate Industry in India

Real Estate Industry in India - In the last few years, real estate sector of India has emerged as the largest employment sector in India with a believed growth of $50 billion by 2010 and with an average per year growth rate of 20%. Many surveys also suggest that all this have together made investment opportunity more than $50 billion in the coming few years. Moreover, a survey conducted by Pricewaterhouse Coopers says: "In India's fast-growing economy, real estate has emerged as one of the most appealing investment areas for domestic as well as foreign investors. The real estate sector will continue to derive its growth from the booming IT sector, since an estimated 70 per cent of the new construction is for the IT sector.

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