Overview of Indian Real Estate Market

Challenges and Opportunities

Real Estate Market Tower Crane

Anshuman Magazine
Anshuman Magazine, Chairman & MD, CBRE South Asia Pvt. Ltd.
The Government has recently announced a quarterly growth rate of 7.9% in the last quarter of FY2016, which is among the highest reported GDP growth rates over the past few years in India. Therefore, despite a muted global economic scenario, India's domestic economy has been on the recovery curve. In line with macro-economic growth trends noted in the quarter, several sectors also witnessed an annual growth rate higher than 7%, including the real estate services sector, which noted the highest growth of 10.3% for the period.

📅 Published on: 12 July 2016
📖 Published in: NBM&CW July 2016
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