Growth potential of Construction Industry

Growth potential of Construction Industry and Real EstateConstruction industry will remain buoyant due to increased demand from real estate and infrastructure projects. Growth rate for GDP in construction is expected @ 8.1%. An investment of USD 650 billions in urban infrastructure is estimated over next 20 years. The Government of India’s new urban development mission includes development of 100 Smart cities, 500 Amrut cities which will invite an investment of 2 Trillion rupees in the next 5 years. Swatch Bharat Mission
in urban areas will invite an investment of 0.62 Trillion rupees. 100% Foreign Direct Investment is permitted through automatic route for townships and cities.


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