Why Real Estate?
The real estate sector is one of the most globally recognized sectors. In India & USA, real estate is the second largest employer after agriculture and is slated to grow at 30 percent over the next decade.
- The Indian real estate market is expected to touch US$ 180 billion by 2020. The housing sector alone contributes 5-6 percent to the country’s Gross Domestic Product (GDP).
- NCR & Mumbai are by far the biggest hospitality markets in India, followed by Bengaluru, Hyderabad & Chennai, besides hotels, the hospitality market comprises serviced apartments & convention centers.
- 37% of all homes sold in the U.S. last year were purchased for investment purposes.
- The USA homeownership rate in 2016 was the lowest in 50 years, as renting has been increasingly the more frequent choice compared to purchasing.