According to a recently published report, the Indian real estate sector is expected to achieve a market value of USD 1 trillion by the end of this decade. A multitude of factors like rapid urbanization and rising disposable income is driving this growth,
Ready-mix concrete is a high-quality concrete manufactured under controlled conditions at a concrete batching plant and then delivered at the construction site.
The Indian cement market is the world’s second largest cement market, both in terms of production and consumption and has a vital role to play in the economic growth of the country. Cement suppliers and producers are not only contributing to the GDP.
The real estate sector of India is expanding momentously, thanks to the affirmative economic reforms, increasing commercial and residential realty demand, quality supply and co-operative government policies.
Technology and innovation have started to define the rate of growth and the success of business enterprises the world over. The real estate sector is no different. From additive manufacturing to real estate ERP solutions, real estate development companies are actively embracing change that will revolutionise the way they function.
In India, real estate construction projects face frequent delays in completion due to the absence of standardization and workflow automation on the part of the developers.
Moving from an industrial past to a digital future is a challenge every sector is facing. Although the real estate sector is no exception, it is uncomfortably slow to adapt to the changing expectations.
The real estate sector in India received a renewed impetus, courtesy structured reforms ushered by the implementation of RERA and the government’s focus on affordable housing.
Urban India today houses 460 million people, making up 33.6% of the country’s population. By 2030, this percentage is expected to increase up to 40% or approximately 600 million urban dwellers.