The Indian real estate sector has been evolving over the past few years. It has witnessed both flux as well as growth and this is likely to be the trend in 2019 as well. Owing to numerous reforms introduced, the sector has gone through changes in the tax, regulatory as well as the business environment. With the next general elections around the corner, it will be interesting to see if the current government continues with its reforms agenda and in case a new government takes over, will it be able to take them to the next level.

Over the past two years, India has managed to jump a significant 52 positions in on the Ease of Doing Business rankings released by the World Bank. This was primarily on account of improvement in six of the 10 categories assessed. Of these, dealing with construction permits showed a massive jump on back of the government's policy reforms.

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