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India's Real Estate Industry: A Booming Sector for Investors

Created on 02 Sep 2023

Wraps up in 10 Min

Read by 316 people

Updated on 13 Sep 2023

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Americans are having it bad this time of the year. Their housing prices are reaching sky high making living in cities like New York, Chicago, etc. a difficult feat. But, the exact opposite is India’s real estate industry. Ours is booming and is likely to continue with the green signs for decades. As per a joint report by Knight Frank and the National Real Estate Development Council (NAREDCO), India's real estate sector is expected to be $5.8 trillion by 2047. That's ₹479.49 lakh crore, people! 😳

Where the world is suffering horribly in the sector, India's real estate industry is booming in the best possible way.

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