In India, Real Estate Sector has grown rapidly which results in fastest growing economies in South Asian region. With the growing focus apart from only maintaining a healthy lifestyle, NRI residents are now opting for houses that are closer to a nature and carry a concept of practical luxury, home automation, hybrid spaces, etc. This rapidly growing concept, leads confidence in homebuyers which reflects the transparency and clarity post in implementation of RERA, GST and Housing for All by 2022.

In the current Real Estate market, both realty and commercial sector continues to hold immense potential as it is the forefront for the IT, start-ups, and e-commerce sectors in India. There are many start-ups in the Indian Real Estate market search as Real Estate market are making ‘Search and Discovery’ process easier for those who are looking to invest. There has been also in increasing in investments in high-end luxury residential projects due to upgradations to international standards in the Real Estate sector.

Mr. Pradeep Aggarwal, Chairman – ASSOCHAM National Council on Real Estate, Housing and Urban Development, Founder and Chairman – Signature Global India Pvt. Ltd. said, “There has been a continuous rise in the demand not only for the luxury projects but also for the affordable projects due to easy affordability, relatively lesser risk and better rental returns along with gradual price. Following this Housing for All Mission by 2022, NRI Investment in Real Sector will be around 30% of total NRI remittances.”