30 PC GROWTH IN REALTY IN NEXT TEN YEARS

The realty sector is projected to grow at the rate of 30 per cent annually over the next decade, attracting foreign investments worth USD 30 billion, with a number of IT parks and residential townships being constructed across-India, industry body Assocham said. Currently, the domestic real estate market is expected to be worth 15 billion dollar in which the FDI is estimated to about 6 billion dollar, it said 

                                                     Courtesy: ET dtd. 20/06/08