Indian real estate has huge potential demand in almost every
sector especially commercial, residential, retail, industrial,
hospitality, healthcare etc.
Commercial office space requirement is led by the burgeoning
outsourcing and Information Technology Industry. The leaders
of the IT/ITES world have set up or are setting up their centers
in India. Estimated demand from IT/ITES sector alone is expected
to be 150mn sq.ft. of space across the major cities by 2010.
In residential sector there is housing shortage of 19.4 million
units out of which 6.7 million are in urban India.
The increase in purchasing power and exposure to organized
retail formats has redefined the consumption pattern. As a
result the country has experienced mushrooming of retail projects
across the cities.
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