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