Amit Chopra, President of NAR India, said that the Indian real estate sector is booming and has achieved good progress in recent times. It is said that by 2050, it will expand further. Because India’s GDP is expected to reach 40 trillion dollars by 2050, the real estate share will reach 15 to 20 percent.
It means that, compared to its current share, the real sector will grow by 2,000 percent in the next 25 years.
