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Project at a Glance |
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Indian Economy |
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| According to a study by ICRA, the construction industry ranks 3rd among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy. Real estate plays a crucial role in the Indian economy. It is the second largest employer after agriculture and is poised to grow at 30% over the next decade. The Indian real estate market size is expected to touch $180 billion by 2020.The housing sector alone contributes to 5-6% of the country’s GDP. Retail, hospitality and commercial real estate are also growing significantly, providing the much-needed infrastructure for India’s growing needs. |
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