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Real Estate Developers
- 3600000.00 Rs.
- Published date: July 10, 2020
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- Ghaziabad, Uttar Pradesh, India [ #31328 Ad Views - 37 ]
Real Estate Construction Sector has accounted for more than a third of new jobs in post-liberalization India. Real Estate Developers are contributing to the growth of the economy and this sector is the most globally recognized Sector. Real estate sector comprises four sub-sectors - housing, retail, hospitality, and commercial projects. Post liberalization in 1991 government took many liberal steps to boost the economy such as expanding the role of private and foreign investment, deregulation of markets. In 2017 Real Estate Sector contributed 6-7% towards India’s GDP which is expected to grow to 13% by 2025.Real Estate Developers are adopting newer technologies to improve quality and matching with the best global construction standards. The India Real Estate Sector is geared up to grow at a phenomenal rate of 20-22% per annum i.e. 2040, Real estate market to grow to Rs 65,000 crore (US$ 9.30 billion) from Rs 12,000 crore (US$ 1.72 billion) in 2019. Real estate sector in India is expected to reach a market size of US$ 1 trillion by 2030."
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