| Download Document |
| Document Type: |
General |
| Publish Date: |
Un-dated |
| Primary Author: |
Credai |
| Edited By: |
Tabassum Rahmani |
| Published By: |
Credai of India |
This document converses on growth engine of the Indian economy. Real estate plays a crucial role in the Indian economy. It is the second largest employer after agriculture and is slated to grow at 30% over the next decade. The Indian real estate market size is expected to touch $180 billion by 2020. The housing sector alone contributes to 5-6% of the country’s GDP. Retail, hospitality, and commercial real estate are also growing significantly, providing the much-needed infrastructure for India’s growing needs.