The Buoyant Indian Real Estate Market in 2023 – Niranjan hiranandani News

With a multiplier effect on employment and per capita income, the real estate industry’s strong performance indicates solid economic and GDP growth. Indian real estate generates the second largest amount of employment, with 270 allied industries influenced by it. Having implemented structural policies, the Indian real estate industry has become more regulated and governed. As a result of increasing the GDP contribution from 7% to 15% by 2030, the real estate industry will contribute $1 million toward the national goal of a $5 trillion economy says Niranjan Hiranandani.