Transcription of Real estate making India - EY
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Real estate making India - EY
real estate making IndiaAdapting Indian real estate to evolving avenuesNovember 2014 real estate making India Adapting Indian real estate to evolving avenues2 real estate is a critical sector for India s economy due to its large potential for employment generation, capital attraction and revenue generation for the Government. It is one of the fastest growing sectors contributing about 11 percent of India s GDP. After the initial boom and euphoria in real estate development and investment activities, the sector witnessed a lull in business activities in recent years owing to global factors and policy logjam in the country. The real estate industry in India is witnessing positive changes post the Lok Sabha elections this year.
Real estate — making India Adapting Indian real estate to evolving avenues 3 With 31 out of every 100 people in the country living in cities or towns, India …
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