Rakesh Reddy, Director, Aparna Constructions, For 99acres
Being the second-largest employing sector, Real Estate is expected to contribute 30% to the Compound Annual Growth Rate (CAGR) in the next ten years and have revenues worth 180 billion by 2020. The onset of Real Estate Investment Trusts (REIT) in India is assumed to help developers reduce the burden of high capital costs involved in funding projects and cut down on the deficit in the Real Estate Sector. It is expected to encourage commercial development owing to better pricing and growth opportunities.
The commercial development segment is predicted to boost the growth in the real estate market with the fast-expanding industrial services along with the combination of India’s skilled labour and business-friendly investment climate.
Our Director, Mr. Rakesh Reddy authored an article on the growth opportunities in the Indian Real Estate that was published by 99 Acres.com. Click on the link to read more:
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