The housing sub sector of Indian real estate

The housing sub sector contributes 5-6% to the total contribution of the sector towards the nation’s gross domestic product, the rest contributed by the three other sub sectors. The retail and commercial subsectors are especially growing at the fastest pace and contributing the most to infrastructure developmental needs of the nation.

  Revenue generation in the sector of real estate has been tremendous over the past 8 years. 66.8 billion US$ was the revenue generated in the sector in the year 2010-11. It has been forecast that the total revenue to be generated in this sector by the year 2020 will be close to 180 billion US$. The demand is projected to grow at a compounded rate of 19% between the 4 years starting from 2010 with the metropolitan cities of the nation accounting for 40% of this spurt in demand. In the year 2012 the total investment volume in the real estatesector of India was a humongous 3.4 billion US$ and it ranked 20^th in the world among top real investment markets. Thus the stats are all looking up and the boom story of the sector is not about to end up in a slump any time soon.