With radical improvements in infrastructure, consistently high GDP Growth and sustained political & economic stability, the Indian Real Estate Sector is poised for unprecedented growth, from $440 Bn today, to over $1 Trillion by 2030, as per Statista and other sources. To see this in perspective, South East Asia, with a population of under 700 Mn sits at $27 Trillion, while North America, with a population of under 385 Mn, sits at $145.90 Trillion. As per S&P, India is poised to become the world’s third largest economy by FY 2030-2031. Interestingly, in the words of Mr. Shobhit Agarwal, MD & CEO, Anarock, “India has total Commercial Office space of 750M Sq.ft., while Manhattan alone has over 600M Sq.Ft. As India grows at 5-7%, Commercial Real Estate is bound to grow immensely.”
With a population of 1.4 Billion, India is, clearly, GROSSLY UNDERBUILT. As she leaps towards a $7Trillion economy by 2030, the real estate sector is expected to grow manifold, with record development activity across ALL ASSET CLASSES.
TREF-India will bring together key stakeholders of India’s Real Estate Industry for an intensive 2 days of dialogue, discussions and networking, charting the agenda for the coming decades, reflecting on local, National and global challenges, and making connections, industrywide
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