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Tag: real estate sector

Affordable housing thrust a big boost for the home finance sector

Posted on July 23, 2024 By admin
Affordable housing thrust a big boost for the home finance sector

Lakshminarayanan Duraiswamy. The Indian real estate sector has been experiencing a significant boom in recent quarters, driven by factors such as rapid urbanisation, policy reforms, increase in disposable income and a continuous growth in consumer sentiments. Last year, the sector registered remarkable progress, consolidating its position among various other sectors. And indeed, the Finance Minister…

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Economic Survey 2023-24: Report suggests growth in real estate and policy reforms around housing demand.

Posted on July 22, 2024 By admin
Economic Survey 2023-24: Report suggests growth in real estate and policy reforms around housing demand.

The Economic Survey has projected a positive outlook for the real estate sector with housing demand set to rise on rapid urbanisation, but described legacy stalled projects as a “challenge”. “Real estate and ownership of dwellings have accounted for over seven per cent of the overall GVA (gross value added) in the past decade, highlighting…

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