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Real Estate Sector To Contribute 15% To India’s GDP By 2050: NAREDCO President

Real Estate Sector To Contribute 15% To India’s GDP By 2050: NAREDCO President

Indian real estate is rebounding and there is no doubt that it's an important contributor to the country's economy. While the sector is likely to touch a market size of $1 trillion by 2030, its contribution may increase to 15% to the country's GDP by 2050, feels G Hari Babu, National President of NAREDCO. The 3-day real estate workshop is jointly organised by The National Real Estate Development Council (NAREDCO), under the aegis of the Ministry of Housing & Urban Affairs, and Delhi RERA.

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