The real estate sector is forging ahead in the country. The real estate sector emerged as the second largest employer in the country after agriculture. The realty sector, which received a jolt during the pandemic situation, has recovered gradually. In this backdrop, several feel that the real sector is the safe bet for their investments. Let us see why should we invest in the realty sector?
- India is one of the fastest growing economies in world
- NRIs wherever they live across the globe prefer to own property in India
- The challenge is to identify suitable property and make investments. In this backdrop, the RERA Act has been passed in 2016 to regulate the realty sector and to inject transparency in the sale of properties. As a result, it improved credibility of the property buyers.
- By virtue of strong Indian economy, the real estate sector derived benefit. It emerged as the second largest employer and real estate sector contributed to the economy to emerge stronger.
- The real estate sector is linked either directly or indirectly with 269 industries
- Every one nourishes a dream to own a roof over his or her head. Everyone makes efforts to have one. Therefore, the demand for housing is always continues. All these factors boosts the investor confidence in the real estate sector.
