India’s Real Estate Potential

Posted on September 28, 2007

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Current real estate market size in India is estimated to be $12 billion (2004-05). the expected growth rate for this market is 33% to reach $50 billion by 2010. Indian real estate does not have any direct exposure to the US subprime credit market.

Indian Real Estate Market Size

Segment wise growth in the next five years:

Office space: 5 times increase in office space in the next 5 years
Retail: 200 million sq. ft. for organized retail by 2010
Hotels: over 50,000 new hotel rooms to be added in the next 5 years.
Residential : Current shortage seen at approximately 19.8 million housing units

Source (moneycontrol)