Skip to main content
Real Estate Industry in India
The Indian real estate market is expected to touch USD 180 bn by the year 2020. In India, Real Estate sector is the second largest employer after agriculture and is slated to grow at 30 per cent over the next decade. The sector has been the major beneficiary of the strong economic growth witnessed in India since the year 2000.There are many allied industries which benefit from growth of the real estate sector. That is why this sector has a huge multiplier effect on the economy.So as this sector grows, the national income grows multifold. The Finance Minister has allocated Rs.4000Cr for low cost housing and Rs. 50000 Cr. for urban housing.
According to ICRA, the construction industry ranks 3rd among the 14 major sectors which has direct, indirect and induced effects in all the sectors of the economy. This means that it not only generates employment in Real Estate sector but also stimulates demand in other related sectors like cement, steel, brick, paint, consumer durables, etc. Private equity (PE) funding has picked up in the last one year due to attractive valuations. The Indian Government introducing newer policies which arehelpful to real estate and due to that this sector has gained sufficient growth in recent times.

Visit - http://www.skbdevelopers.com/goldcoast/
Call us - 9999-666-722

Comments

Popular posts from this blog

SKB Developers & Promoters:

Established in 2005, Shri Kunj Bihari Developers & Promoters is a leading company in Real estate. Our functional areas are Indirapuram, Noida, Noida extension and Crossing Republic. Eminence, reliability, and satisfaction, these are three pillars on which Shri Kunj Bihari Developers & Promoters . We are Pleased to Introduce ourselves as one of Premier Real estate Construction Company. We have excelled in providing innovation to meet the ever-changing desires of our wide base of customers. We adopt a dynamic, scientific and innovative approach to complete the projects within specified time and cost with support from our highly qualified and motivated team personnel. The higher standards set by the group in its pursuit to position India on par with the developed economies of the world and with a vision to be and remain at the commanding height of Real Estate Business.  Quality is not a concept but a way of life". It is our endeavor to constantly...

Affordable Housing - The 'Maruti' Of The Indian Real Estate

How many Mercedes can you sell in the land of Marutis?  Not every one understands the dynamics of real estate and why the market is down. So let us understand the scenario in the real estate sector vis-a-vis the auto industry. Why is the real estate sector facing a slowdown in India while the auto sector is doing fine? If people are buying cars and bikes, why are they not buying houses and preferring to stay on rent? In most of the developed countries, people own houses and cars are taken on long-term rent or, as they prefer to say, lease. So why shouldn't the same scenario be in India, especially considering that a house (or any property you buy) is an appreciating asset (well, most of the times!) and vehicles are a highly depreciating asset, with most experts considering the value of a vehicle equivalent to nil after 8 years? The very first thing you learn in economics is demand and supply. When the demand is high and the supply is low, the market goes up and vice versa. There i...

best residential project in delhi ncr

When we talk about luxury living in ghaziabad and noida extension with affordable prices, the name which comes into our mind is the Gold Coast. You will ease with modern amenities like never before in the whole Crossings Republik. Gold Coast is a BRAND Association, using products known for quality and reliability.  for more visit http://thegoldcoast.in/