Overview of Indian real estate sector
About 10 million people migrate to cities every year.
About 35% of the population in India is young, in the 15-35 years age group.
Growing population, aspirations, standard of living and economy driving demand.
Urban population currently 32.7% is expected to rise to 40% by 2030.
Residential sector contributes to 80% of the realty sector.
Easy availability of Bank finance & rise of nuclear families leading to growing demand.
Realty is the 4th largest sector in FDI inflows.
Huge demand in affordable and medium price range of properties.
60 million houses (20 million urban & 40 million rural) need to be built under housing for all scheme.
Need for townships to take care of the elderly.
Government plans to build 100 Smart Cities to control migration of people to larger citites.
Big opportunity in upcoming satellite areas of cities.