The real estate sector is one of the most globally recognized sectors. Real estate sector comprises four sub sectors - housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth of the corporate environment and the demand for office space as well as urban and semi-urban accommodations. The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy. The scope and growth of the real estate sector in India can be summarised as -
●It is also expected that this sector will incur more non-resident Indian (NRI) investments in both the short term and the long term. Bengaluru is expected to be the most favoured property investment destination for NRIs, followed by Ahmedabad, Pune, Chennai, Goa, Delhi and Dehradun. ●Real estate sector in India is expected to reach a market size of US$ US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13 per cent of the country’s GDP by 2025. Retail, hospitality and commercial real estate are also growing significantly, providing the much-needed infrastructure for India's growing needs. ●Global capital flow into Indian real estate will increase further. India is ranked fourth in developing Asia for FDI inflows as per the World Investment Report 2016 by the United Nations Conference for Trade and Development. That is endorsement at the highest levels - and real estate saw equity investment on a very visible return journey to India last year. Indian real estate has attracted $32 billion in private equity so far. The global capital flow into Indian real estate sector. ●The Indian real estate sector has witnessed high growth in recent times with the rise in demand for office as well as residential spaces. Private equity investments in real estate are estimated to grow to US$ 100 billion by 2026 with tier 1 and 2 cities being the prime beneficiaries. Private Equity and Venture Capital investments in the sector reached US$ 2.99 billion during January-August 2018. ●The next 15 - 20 years definitely seem to hold a lot of positive growth and opportunities for the real estate sector in India. If we take a look at how far the sector has progressed from just 10 years ago. Developers in India have gone from providing simple apartment complexes to multiple luxury projects across the country. Affordable housing projects have also sprung up in various cities to cater to those who are looking for value for money options. Indian real estate developers have certainly shifted gears and accepted new challenges. The shift from family owned businesses to professionally managed ones is probably one of the most important in the industry. Sanali group is one of the most valuable and trusted real estate development companies. It is a pioneering developer of many high profile projects. The Sanali Group has achieved proven competencies in property, IT parks, shopping malls and retails and hospitality and leisure. To read more : Sanali Group - A real estate entity
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