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Real estate and construction
The Real Estate & Construction sector is one of the pillars of the global economy, responsible for meeting the increasing needs of the population for affordable housing and for efficient social, transportation and utility infrastructure. As a labour-intensive industry, it is a major contributor to employment, income generation and social progress. Real Estate & Construction is also an essential element for economic value creation and sustainable growth, as it lays the foundations for the development of virtually all other industries.
Activities associated with Real Estate & Construction are the construction of residential and non-residential buildings, heavy and civil engineering construction, and the related speciality trade contracting activities. It also includes management and leasing of land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages.
The construction sector is the backbone of the Indian economy and as such is one of the key focus areas of the government in its fight against the COVID-19-induced economic slowdown in the country. The construction sector offers direct and ...
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India’s infrastructure sector is a vital enabler of the country’s economic development. Presently, India’s infrastructure is comparatively underdeveloped when compared with other emerging market countries. In recent years, ...
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The infrastructure sector is an essential support function for industrial and economic development. Its segments include pipelines, telecoms, power transmission and transportation infrastructure. While there can be some aspects of general ...
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India’s construction sector is a key enabler of economic growth, in that it helps provide homes to the nation’s population of 1.4bn as well as adding much-needed infrastructure. In FY2019, construction GVA amounted to INR 49.6tn and ...
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Construction is the second largest economic activity in India and contributes 8% to the total gross value added. Construction sector employs more than 51mn workers, making it the second largest employer in the country. Large employability in the ...
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India’s infrastructure sector grew exponentially between FY2013 and FY2017, primarily due to the government’s focus on sector development. The infrastructure sector struggles with complex regulations that the government has recently tried ...
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The Indian real estate industry, which currently accounts for 5.2% of the Asia-Pacific real estate market and 5-6% of India’s GDP, has a huge multiplier effect on the economy, and is poised to account for around 13% of GDP by 2028. It is the ...
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Construction is the sixth-largest economic sector in India, accounting for 7.7% of the country’s GDP in FY2016. With a workforce of about 35mn people, it is also the second-biggest employer, preceded only by agriculture. Construction was the ...
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Construction is the sixth-largest economic sector in India, accounting for 7.8% of the country’s GDP in FY2016, the second-biggest employer (after agriculture), with about 35mn people engaged, and the second-largest recipient of FDI after the ...
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