The Evolution of Real Estate: History & Current Trends

Real estate has been part of our country for ages and has a great history. Since its independence, India’s real estate business has achieved incredible milestones by developing everlasting buildings and valuable assets. Even during the Mughal period, we witnessed the construction of grand places, forts, and mausoleums. The Taj Mahal is a beautiful example of the thriving construction industry. Even during the British period, we saw the development of cities like Mumbai, Kolkata, and Chennai. The development of urban centers happened with the construction of railway networks, ports, and administrative buildings. India is recognized as the second most populous real estate sector and impacts the country’s economy. India’s real estate is covered a long way and is known as one of the most emerging economies for bringing socio-economic changes. With the increased number of people migrating, demand for real estate, commercial, housing space, industries, and various cities has increased.