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gross domestic product

toll collections

Toll collections, traffic growth in the context of Indian GDP

Toll collections on India’s roads has dipped considerably in Q2, 2013 due to which the revenue generated by developers has taken a beating. The primary reasons for this situation are due to policy restrictions imposed by the government as well as due to the slowdown in the Gross Domestic Product (GDP) of the country. NHAI […]

ranjan.j

Real estate contributes to GDP

Real estate in India to contribute 6.3% GDP, create millions of jobs

The real estate in India is estimated to contribute to 6.3 percent of India’s gross domestic product (GDP) in 2013, states a report. At the same time, the sector is expected to generate 7.6 million jobs as well, adds the report. As per the report by global property consultant, CBRE, the real estate sector along […]

CommonFloor Editorial Team

Realty sector contribution expected to be 13% of GDP by 2025

The Real Estate and construction industry are major contributors to the Indian economy, playing an important role in the country’s infrastructure development. With demand for housing on the rise, it is expected that the contribution of realty sector to Gross Domestic Product (GDP) can be doubled by 2025. From its estimated contribution of 6.3 % […]

ranjan.j

Real estate expectations from budget 2013-14

Fast growing real estate has become the face of major Indian cities like Mumbai, Delhi-NCR, Bangalore, Chennai, etc. and increasing urbanisation paves a way for healthy demand for the sector in the future. However, real estate has suffered from a dip in demand and sluggish sales in the recent past and as the new budget […]

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