The real estate sector has always been a trusted source to yield high profits and have a peaceful nest egg in the future. Yet, the recent pandemic had left the world in dire straits, isn’t it? Right from relentlessly working hard to foot the bills to maintaining a robust life, last year was a bitter pill to swallow. Besides, the major economic crunch took a huge toll on the real estate sector. But, 2022 has again begun to shower us with encouraging news. According to renowned business man Shravan Gupta, the real estate sector can prove to be the Backbone of the Indian Market’s revival. In fact, the real estate market in India is expected to reach 1 trillion USD by 2030. Well, this makes one reminisce a remarkable quote by Paulo Coelho who said, “The more violent the storm, the quicker it passes.”

With the glad tidings, let’s get a drift of the various factors that make the real estate sector the cornerstone of the Indian economy.

• The Epiphany of Comforting ProfitsCome what may, it is undeniable that investing on a real estate with prudence is a boon to an individual’s future. Amidst a pool of volatile investments in the world, this is one sector that will never let you down. Besides, our aspiration for comfort and a secure lifestyle drives our attention to invest on a real estate. Since consumers are no longer ready to compromise on reputed developers, quality homes and securing their future profits, this certainly bolsters up the prosperous future of the real estate sector.
• The Remarkable Surge Of 1 Tier CitiesAre you cognizant of the fact that the major top tier cities like Mumbai, Delhi and Bangalore have attracted 77% of the total investments recorded in the third quarter of 2021? An increasing demand for commercial, manufacturing, co-working and business spaces indisputably contributes to this whopping investment rate. In fact, this major replenishment has augmented the customer’s faith in the immense opportunities they can avail from the real estate sector.
• You need not break the bank anymore for your abode to stand strongEmpathy towards the public’s contentment during the recent fiscal years has paved way for citizens to avail reasonable loans from many nationalized banks. Even though fluctuations are frequent according to a situations demand, this has definitely helped us understand how the system works towards public satisfaction. Besides, a steady and regular stream of economical and sustainable raw materials has now made construction of houses and industries immensely productive. With the growing coherent government reforms on real estate and housing, the market is bound to boom with mutual satisfaction of the owner and the investor.
• Spreading Wings With Prodigious ProjectsThe Indian Real Estate sector has been soaring high with about 1700 acres of land deals in the past 1 year. This definitely proves the ability of the sector to rise to an occasion with flying colours. With this growing demand, the sector has been looking on the brighter side by establishing numerous projects which are estimated to contribute 13% to the country’s GDP by 2025.
• A Nation’s Gain is the Citizens’ GainHave you ever wondered how wonderful our economical prospects could be with the rising demand in this sector? On one hand, as our trust seems to be enhancing on investing more on a real estate, on the other hand, it expedites the opportunities of employment for many of our nation’s citizens. With this proliferation, businesses, manufacturers, producers and suppliers can now broaden their horizons which eventually benefit the citizens as well.

Each one of us can definitely strike gold with a judicious investment, isn’t it? India being a phenomenal paradigm of a diverse developing nation can certainly make the grade with the real estate sector playing a major role in carving prosperity into our nation by providing colossal infrastructure.