When ‘real’ growth is what you desire, you need to face ‘reality’!
In India’s fast-growing economy, real estate has emerged as one of the most attractive investment areas for domestic as well as foreign investors. Research estimates that Indian Real Estate market is expected to grow from the current $14 billion to $102 billion in the next 10 years. As per ASSOCHAM, the booming real estate market will gain momentum and is likely to attract foreign investment worth Rs.80 billion in 
2007.
The main growth thrust is primarily due to favourable demographics, increasing purchasing power, existence of customer friendly banks & housing finance companies, professionalism in real estate and favourable reforms initiated by the government to attract global investors.
The country has had three good fiscals of growth and currently is clocking a 9% growth rate. Add to this a pre-disposed government focused on strengthening India’s socio-economic fabric through continuous reforms and liberalization charter. Additionally there is a huge focus on developing the social and physical infrastructure of the country including roads, airports, bridges, SEZs, cities and integrated townships.
2007.The main growth thrust is primarily due to favourable demographics, increasing purchasing power, existence of customer friendly banks & housing finance companies, professionalism in real estate and favourable reforms initiated by the government to attract global investors.
The country has had three good fiscals of growth and currently is clocking a 9% growth rate. Add to this a pre-disposed government focused on strengthening India’s socio-economic fabric through continuous reforms and liberalization charter. Additionally there is a huge focus on developing the social and physical infrastructure of the country including roads, airports, bridges, SEZs, cities and integrated townships.
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Source: IIPM Editorial, 2008
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