The Indian real estate industry is expected to touch US$ 50 billion by 2010. The sector accounts for approximately five per cent of the GDP and this share is expected to increase to six per cent in the next five years.
Total foreign direct investment (FDI) inflows in the real estate sector were recorded at US$ 27.3 billion in 2008–2009 and US$ 7 billion in the first three months of FY2009. Approximately US$ 1.2 billion FDI committed for real estate projects between April and June 2009. Further, FDI in the real estate sector expected to witness a US$ 21 billion increase in the next 10 years.
Key players in the sector such as Ascendas, EMAAR MGF, Salim Group, Unitech, DLF, Ansal Properties, K. Raheja Corporation, Sobha Developers and Parsvnath Developers have launched and completed huge projects across the country.
Sectoral Presentation (September 2009)
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