Real Estate Industry

Real Estate Industry

The real estate sector in India has come a long way by becoming one of the fastest growing markets in India. The growth of the industry is attributed mainly to large population base, rising income level and rapid urbanisation. It is not only attracting domestic real estate developers but also attracting foreign investors as well.

Real estate sector is the Fourth largest sector in terms of FDI inflows and FDI in the sector is estimated to grow to USD25 billion by FY22. By 2028, India’s real estate market size is expected to increase by 7 times and is expected to reach USD853 billion, increasing from USD126 billion.

The real estate sector has transformed from being unorganised to dynamic and organised sector over the past decade. Governmental policies have been instrumental in providing support after recognising the need for infrastructure development in order to ensure better standard of living for its citizen.

India’s real estate markets are definitely positioned for growth in the medium-to-long term on the back of higher accuracy and further solidification. The country’s Tier-I cities moved up to the 36^th rank in JLL’s biannual Global Real Estate Transparency Index in 2016 due to development in structural reforms and liberalization of the FDI policy.  As per the World Investment Report 2016 by the United Nations Conference for Trade and Development , India stand in the 4^th position in developing Asia in terms of FDI inflows. The country is ready to become a modern economy, thanks to a proactive government eager on developing India’s ranking on various indices and strengthening public institutions.

Real estate contribution to India’s GDP is estimated to increase to about 13 per cent by 2028. The market size of real estate in India is expected to increase at a CAGR of 15.2 per cent during FY2008 – 2028E and is estimated to be worth USD853 billion by 2028. Increasing share of real estate in the GDP would be supported by increasing industrial activity, improving income level, and urbanisation. Mumbai and Bengaluru have been rated as the top real investment destinations in Asia.

Cities like Hyderabad, Pune and Bengaluru saw gentle appreciation in capital values in 2016 and this trend is expected to continue in 2017 since the residential markets incline and become more end-user-driven than even before. 

Modi Government’s target on affordable housing has made the term more acceptable to developers. The community now is not only entering this segment with confidence but also talking about it openly with more and more developers entering into the market to tap into huge latent demand. Along with this, private equity players are also joining hands with developers active in this space to fund such projects.

Going with the present scenario we at Regrob not only provide you an opportunity to buy property but also to own a franchisee in your choice of location and letting you expand yourself in the real estate sector.

To know more click here