Real estate in India continues to be a favoured
destination globally for investors, developers and non-resident Indians (NRIs),
driven largely by investor-friendly government policies and increasing
globalisation. Real Estate the second largest employment generation sector
after agriculture, contributes about 6.3 per cent to India's gross domestic
product (GDP). With the increasing
demand of Indian lands not only among the locals, but also among the NRI
traders, this industry will certainly touch 180 billion USD mark in 2020. In the past ten years or so, the Indian Real
Estate Sector has undergone great economic transformation & witnessed many
highs & lows.
Major cities like Mumbai, Delhi, NCR, Bangalore,
Chennai, Kochi etc. are witnessing the increased demand for office space. With Real Estate in India attracting interest
from both foreign & international investors alike, now is the best time to
invest. Almost on these peripherals in the real estate sector, top builders in Kerala are criticising
the facts which are relevant to the field.
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