Real Estate Industry: An Area To Invest In India

The Indian real estate industry has seen a massive surge in the last 15 years. This sector mainly consists of a few sub-sectors. These sub-sectors are retail, hospitality, housing, and industrial. Housing sector contributes a portion of about 5-6% of the GDP of this country. The other three sectors are also developing with a robust pace with the magic touch of economic growth. It is truly sufficient to meet the infrastructure-based needs of the country at large. The transformation of the real estate sector from dynamic to organized happened in the previous decade. This is truly giving a momentum to the economy of this country.

The amount of revenue generated by the real estate sector of India was $66.8 billion in the year 2010-11. It is expected that this sector is going to generate a revenue of a whopping $180 billion by the year 2020. The expectation is mainly focused on observing the compound annual growth rate (CAGR) to 19 per cent between 2010 and 2014. The metropolitan cities are also expected to contribute at least 40% of this growth. The requirements of this sector are massive from the areas of healthcare, education, and tourism. Moreover, India is going to generate more than 2 million graduates this year, which indicates a vast necessity for office space.

Along with that, the corporate companies like Fortune 500, and several other companies are planning to start its business in India. Thus, it facilitates a requirement of a number of corporate spaces for building new offices. India has the 20^th rank in terms of real estate investment as compared to other countries. This can make India really a good place for investment.