Make In India - What is in it for Construction & Real Estate? Well, lots!

Make In India - Construction & Real Estate - IREFD

Construction & Real Estate finds a special section at India's Premiere Growth Website - Make In India!

The Indian real estate market is estimated to be approximately USD 78.5 Billion in 2013 and is expected to grow to approximately USD 140 Billion by 2017!

Construction & Real Estate is the second largest employer and contributor to the Indian economic activity, after the agriculture sector. The construction sector accounts for the second highest inflow of FDI after the services sector and employs more than 35 Million people.

And, between 2005-08, the real estate sector grew by about 30% annually before slowing down significantly due to a 2008 global financial crisis. It grew by about 8% between 2009-11 and 6.5% in 2012-13.

Well, these are snippets and little facts stated on the Make In India website. There are numerous sectors included in the 'Make In India' programme and we were elated to discover that Construction and Real Estate find a serious slot in Narendra Modi's vision. Plus, the simple and intuitive website is a treat to browse through.

For real estate folks wondering what is really there for us, get to the Construction and Real Estate Sector Page of Make In India and you will find stuff ranging from Industry Highlights, Reasons to Invest, Statistics, FDI Policy and even Financial Support (we love that part).

Make In India - Construction Sector - Click Image to Open Page (New Window)

FYI, CREDAI and The Builders Association of India are already associated agencies of the Make In India programme! Kudos.

The IREFD Team

(Completely Made In India)

2 comments:

UnknownDecember 26, 2014 at 12:15 PM
PM Modi 's Make In India is a great initiative, and there is certainly a positivity in Real Estate Industry, but more actions are needed by government of India to further boost real estate market. I have been working in Antrix Society for 2 years and I can see that there are very few buyers for bigger properties due to higher prices and low returns. Demand of small flats and apartments are a bit higher than last year.