Rapid growth in the real estate industry
A rapid growth in the real estate industry has happened recently. It is due to rapid urbanization, and the behavior of homebuyers.
The Indian real estate’s actual size is $ 170 Billion. It well supports the financial sector. Today (Currently), the real estate sector contributes 6% of the GDP of India. The Indian real estate sector is expected to reach $ 1 Trillion by 2030. It is estimated to contribute 13% to the GDP of India by 2025.