60 likes | 233 Views
Apart from India's sound economic growth environment, several policy initiatives undertaken by the Government in recent times are viewed as opportunities for the sector to grow further. <br>
E N D
The real estate sector in India is growing at a rate of about 20% per year and has been contributing to this sector About 6-7% of India's GDP but it is not able to keep up with the supply demand. Demand for housing Has been growing rapidly for the last decade. Despite the efforts of the government through various schemes, it is Not able to cope with increasing demands.
The government's recent announcement of GDP growth, furthermore, is expected to positively affect consumer sentiment. With targeted government initiatives, it is likely to boost real estate development in the country - particularly in the residential segment. Home buyers continue to face demand in many cities, resulting in increased levels of unsold inventory. In addition, the government should take steps to reduce regulatory, infrastructure and policy bottlenecks that are currently undergoing a revival of the housing sector in India.
Apart from India's sound economic growth environment, several policy initiatives undertaken by the Government in recent times are viewed as opportunities for the sector to grow further.
Thanks! Read more about Real Estate • www.solitairevalley.com