Real estate, construction get affordable push
With the government’s renewed focus on affordable housing, game-changing regulatory reforms and infrastructure status to warehousing, institutional investor sentiment is being positive. 6-7% – the real estate sector holds to India’s GDP in 2017 and is expected to double by 2025
$650bn – Real estate sector likely by 2025. $850 bn – The sector is expected to surpass by 2028. $150 mn – The average deal size crossed this mark, the highest in last five years. 65 mn Employees to be added. $157 mn – Average deal size in 2018 doubled from $47 mn in 2016
Mumbai has been the preferred destination attracting 53% ($2 bn) of total investment.