Indian Housing Market Expected To Keep Growing

The Indian real estate sector has witnessed a revolution, driven by the booming economy. Growing at a scorching 35 per cent the realty sector is estimated to be worth US $15billion and anticipated to grow at the rate of 30 per cent annually over the next decade, attracting foreign investment worth US $30billion, with a number of information Technology parks and residential townships being constructed across India.

A robust GDP growth and strong macro-economic fundamentals are driving today’s Indian economy towards externalisation, creating new business opportunities with manufacturing and service sector leading the way.

India is the 4th largest economy in terms of GDP which is currently US $3787.3billion. Huge potential business opportunities lie in the sectors such as infrastructure, manufacturing, services, technology, agri-products and education.


Comments on this entry are closed.