Banking on bricks: The real story behind India's real estate boom

Quick Summary:

With an 18 per cent share in national employment, real estate is the largest employment generator after agriculture.

To promote its adoption, India could enhance its regulatory frame­work by adopting standards from the American Land Title Association (ALTA) model, implement awareness campaigns with real estate professionals, and leverage technology, such as blockchain, for transp­arent records.

Real estate investment in India has experienced transformative growth, with Reits and private equity (PE) capitalising on diverse opportunities.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Realty National employment Residential real estate Real estate BFSI Summit 2024 Real estate

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 06:20:29 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 2068 words

Reading Time: 12 minutes read

Sentences: 83 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23439419

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 314 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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