Emerging Prominent Location in Realty Sector

• @kw
• 13 Sep 2019

The realty sector is the most promising area for countries growth contributing approx 10% in GDP in India. The sector mainly comprises of four sub-sectors, housing, retail, hospitality, and commercial. The growth in this sector is directly correlated with the growth in corporate environment. In India the organized housing sector has grown multi-fold and expected to reach US $ 1 trillion 2030 from US $120 billion in 2017.The Housing sector is expected to contribute 13% of country’s GDP by 20125. The infrastructure need is envisaging much higher growth in retail, hospitality and commercial real estate with the growth in housing sector.

Private Equity and Venture Capital investments in the sector have reached US$ 1.47 billion between Jan-Mar 2019. Institutional investments in India’s real estate are around US$ 5.5 billion for 2018, the highest in a decade. According to data released by Department of Industrial Policy and Promotion (DIPP), the construction development sector in India has received Foreign Direct Investment (FDI) equity inflows to the tune of US$ 25.04 billion in the period April 2000-March 2019.

KW Group in Raj Nagar Extension has been able to achieve a prominent position amongst all builders. The projects undertaken by KW Group are in the housing sector as well as in the commercial sector. Raj Nagar Extension in Ghaziabad is progressing fast in realty sector mainly due to the initiatives by Government. The Smart City Project, where there is a plan to build 100 smart city, is a prime opportunity for the real estate companies. The futures of real estate projects are very bright. The securities and Exchange Board of India (SEBI) has given its approval for the Real Estate Investment Trust (REIT) .This move will help all sections of investors to invest in the Indian Real Estate market. The growing flow of FDI into Indian real estate is encouraging. Developers, in order to attract funding, have revamped their accounting and management systems to meet due diligence standards. The Govt. has been implementing and amending rules to make the Real Estate Sector to get a corporate structure and become highly transparent in its dealings. KW Group has been following all the laid down rules by Government agencies and therefore its projects are most favored in Raj Nagar Extension in Ghaziabad. The development and the affordable housing projects, Raj Nagar Extension in Ghaziabad is emerging as one of the most Prominent location in entire Delhi NCR.