The Indian real estate sector is on an upward trend with the incorporation of initiatives like RERA, REIT, and enhanced transparency. According to data shared by IBEF (Indian Brand Equity Foundation), the real estate sector in India is expected to contribute 13 per cent of the country’s GDP by 2025; and reach the US $1 trillion by 2030. This sector has also attracted a lot of foreign investment, especially in the commercial segment. All these factors make it an enticing industry to invest in, and be a part of.
For those that are already a part of the real estate industry, or those looking to take this step, there are a number of factors one should consider, and factors one should put in place to build the right foundation for their business.