Overview of Real Estate and Housing Sector

At current rate of growth, urban population in India is estimated to reach a staggering 575 million by 2030.

  • According to Census 2011, as many as 53 cities in India had a million plus population.
  • Real estate sector in India is expected to reach US$ 1 trillion by 2030. By 2025, it will contribute 13 per cent of the country’s GDP.
  • More than 70 per cent of India’s GDP will be contributed by the urban areas by 2020.

Initiatives taken by Government to Boost Real Estate and Housing Sector

Public Policy and Planning

  • Land Pooling Policy: The Centre has notified ....
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Indian Economy