The construction and development sector is always considered one of the safest investment areas. One of the fastest growing markets in the world is Indian Real Estate Industry in which Housing contributes to about 6 percent of the Gross Domestic Product of India. Fast growth is also evident in the other three segments of this sector which are retail, hospitality and commercial. In fact, the driving force of the economic growth engine of India is considered to be the infrastructure service of real estate development. There will not be any slump in the foreseeable future in investment in the housing sector of the real estate industry in India.
According to the Department of Industrial Policy and Promotion (DIPP), in 2000-2014 the construction development sector, including townships, built-up infrastructure, housing and construction-development projects garnered foreign direct investment (FDI) to the tune of US$ 23,131.64. During the same period Construction (infrastructure) activities got FDI worth US$ 2,462.60 million.
The same sources say that the Indian real estate market size will be to the tune of US$ 180 billion by 2020. The market size of housing sector is expected to increase at a compound annual growth rate (CAGR) of 11.2 per cent in the period 2008-2020.
Investing in real estate is the best method of investment and you will never have to regret about what you had done.