India recorded the highest construction spend growth in 2005, driven by growing number of infrastructure projects and a booming real estate sector. The introduction of REITs (Real Estate Investment Trusts) by mobilizing capital markets will further accelerate real estate growth. The real estate sector will fetch a high amount of resale value and fetch more amount of profit.
The construction industry is the second largest industry in the country after agriculture, accounting for 11 percent of India’s GDP. The Indian construction industry employs 32 million people and its total market size is estimated at Rs. 2480 billion. The level of a country’s development is reflected by its infrastructure and the desperate need for infrastructure development has increased the demand on the construction industry in India. The activities of the construction industry include working on new structures as well as additions, alterations, and repairs to existing ones. The main scope is that Future forecast till the year 2020 has been provided.
This opportunity drive us to enter in to the realestate and construction market. there is huge demand for real estate sector all over India and its endless market. As a new to the industry we limited our focus as far now with in the state of tamil nadu.We are developing row houses,appartments and villas in world class quality yet affordable.
Our vision is to develop commercial complexes,multiplex ,and world class residential apartments all over india and to become one of the leading developer .
No comments:
Post a Comment