Real Estate Business

Real estate is one of the fastest growing sectors in India. One Rupee invested in this sector results in 78 paise being added to the GDP of the State. A unit increase in expenditure in this sector has a multiplier effect and the capacity to generate income as high as five times. If the economy grows at the rate of 10% the housing sector has the capacity to grow at 14% and generate 3.2 million new jobs over a decade.

Indian Construction Sector

Indian construction process has traditionally been characterized by bureaucracy, red tape and erratically enforced regulations. Time and cost overruns are prevalent in the industry. Years of government monopoly over construction have meant that management and performance standards are often out-moded. The contracting workforce is largely informal and untrained, consisting of many small-sized firms with low skill levels. There are only a few Indian contractors well organized and capable enough to undertake significant national capital asset projects.