Future of real estate will be pinned on 3Rs – Relief, Restructure and Resilience

Broadly based on themes of the 3Rs, it is high time that the industry and the governing agencies work together for the betterment of real estate as well as the economy.

The Indian real estate constitutes around ~ 8% of the national GDP. In 2017, the housing market alone was estimated at $180 billion and is expected to reach $650 billion by 2025. In another 5 years, the industry will reach $1 trillion. The importance of the industry is further outlined by the fact that a large workforce (roughly sized ~ 40 million) is directly or indirectly dependent on the sector and around 250 ancillary industries are linked to it.


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https://www.financialexpress.com/money/future-of-real-estate-will-be-pinned-on-3rs-relief-restructure-and-resilience/2297808/