Real Estate Sector Giving a Significant Boost to the Indian Economy

By Rajputana Realty | Mar 20, 2023

In the past three decades, real estate industry has emerged as a perennial force for India’s foundational development along with theinfrastructure industry and now the real estate space is the second largest source of employment in the country, after the agricultural sector. The nationwide expansion of corporate environment and rapid urbanisation to support such industrial evolution have fortified the momentum of this sector in India. In the present times, the real estate space accounts for 7% of the country’s GDP and is projected to be 10% of that by 2025 impacting directly or indirectly almost all sectors of the Indian economy.

Apart from the Tier-I cities like Bengaluru, Mumbai, Pune and Kolkata, the concurrent surge of urbanization is slowly extending to all parts of the nation; thus catalysing the demand for commercial and residential land. The government’s several initiatives like tax deduction on interest of housing loan, affordable residential scheme to support India’s growing population are also motivating the development of urban and semi-urban accommodation.

However, the Indian real estate atmosphere has always been steered by business tycoons, big enterprises or influential establishments having made the industry limited to a certain section of the society. A West Bengal based real estate firm, known as Rajputana Realty has well understood this exclusivity in accessibility of the industry and thought to make land ownership accessible to the people of all social levels. While they enable a seamless process of economical land ownership, they decided to empower their service with absolute transparency. From site visits to sealing the best deal for the client, to providing expert’s advice and legal support Rajputana Realty has its consumer’s back with a comprehensive real estate solution. Although Rajputana is a newbie in the field of real estate it tactfully facilitates land ownership for its clients belonging to different classes of the society and helps them actualizing their dreams. Rajputana’s current project, Bhramari City at Bodaganj is a remarkable contribution to the country’s ongoing urbanization drive. Their objective to run transparent service has won them this giga-project of 1000 Bigha without any broker or middle agent. With Bhramari City they have taken a step towards revolutionising the Indian real estate space.