The 2nd Estrade Real Estate Awards powered by Housing.com discusses India's real estate sector

2nd Estrade Real Estate Awards 2016 Singapore

The 2nd Estrade Real Estate Awards powered by Housing.com hosted at the Grand Copthrone, Waterfront, Singapore where renowned Indian architect Benny Kuriakose was conferred with the 2016 Estrade Lifetime Achievement award by the guest of honor Mr. Jason Kothari, CEO, Housing.com

The panel discussion on the challenges faced by India's real estate sector was the highlight of the evening. Vishwasjeet Singh, Editor-in-chief, www.estrade.in moderated the session which included Amit Bhasin, Head Strategy, Housing.com along with the renowned Architect Christopher Benninger and Estrade Jury Member, Arshi Pathan. The topics discussed include, Government of India's SMART cities project, Affordable Housing Project "Housing for All by 2022", Funding in the Real Estate/Infrastructure Sector and new trends in Real Estate Architecture.

Speaking at the Awards night, Jason Kothari, CEO, Housing.com said, "The Real Estate sector is projected to grow 14% year-on-year basis and grow to US$ 850 billion by 2028, accounting for about 13% of the GDP. Economic growth is projected to be 8 percent over the next 10 years, the highest in the world. Urbanization is expected to grow from 32% to 50% by 2050, this means that around 400 million people will be moving to urban areas."

This awards night was attended by who's who of India's Real Estate and Building Materials industry professionals. Estrade Awards, Singapore, is a strong networking platform to recognise the contribution of Indian professionals that include the real estate developers, building utilities, architects and interior designers.