Future of real estate will be pinned on 3Rs – Relief, Restructure and Resilience

The Indian real estate constitutes around ~ 8% of the national GDP. In 2017, the housing market alone was estimated at $180 billion and is expected to reach $650 billion by 2025. In another 5 years, the industry will reach $1 trillion. The importance of the industry is further outlined by the fact that a large workforce (roughly sized ~ 40 million) is directly or indirectly dependent on the sector and around 250 ancillary industries are linked to it.