REAL ESTATE INDUSTRY OF INDIA: OUTLOOK AND CHALLENGES
- Credit Rating Agency in India
- Industry Report
- REAL ESTATE INDUSTRY OF INDIA: OUTLOOK AND CHALLENGES
The Indian Real Estate industry is currently valued at $200 billion, and it is expected to surge to $650 billion by 2025 and further to $1 trillion by 2030. It provided employment to 5.5 crore people in 2019. The employment in the sector, however, took a severe drubbing because of the debilitating hit caused by the COVID pandemic due to the severe contraction of the output and income. With ebbing pandemic the industry is witnessing a resurge in demand with the resumption of halted government projects providing a boost.