If there is any fine print of uncertainty in your wits, analyse this. The real estate sector saw an ast
onishing growth of 30% in value in 2005. This sunrise sector of India, which currently stands at $12 billion, is expected to become a $50 billion industry by 2010 and touch $180 billion mark by 2020. During the last decade, the sector saw a robust CAGR of 15%. The bang in the sector is an upshot of increased thrust on infrastructure development and higher demand from housing sector & industrial ventures. The demand- supply equation is most likely to remain tight, thus ensuing into spiraling real estate prices. So for those who were unable to board the bus last time, immense opportunities still exist. Dr. Tobias Just, Deutsche Bank researcher in Frankfurt states, “Demand for real estate is depending mainly on the development of incomes, interest rates and demographic trends.
For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link
onishing growth of 30% in value in 2005. This sunrise sector of India, which currently stands at $12 billion, is expected to become a $50 billion industry by 2010 and touch $180 billion mark by 2020. During the last decade, the sector saw a robust CAGR of 15%. The bang in the sector is an upshot of increased thrust on infrastructure development and higher demand from housing sector & industrial ventures. The demand- supply equation is most likely to remain tight, thus ensuing into spiraling real estate prices. So for those who were unable to board the bus last time, immense opportunities still exist. Dr. Tobias Just, Deutsche Bank researcher in Frankfurt states, “Demand for real estate is depending mainly on the development of incomes, interest rates and demographic trends.For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link
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