Indian real estate to surge to USD 1.5 trillion by 2034: CII-Knight Frank report organiser.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from organiser.org Daily Mail and Mail on Sunday newspapers.
Indian real estate to surge to USD 1.5 tn BY 2034: CII-Knight Frank report aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Delhi-RERA Chairman Anand Kumar has urged the real estate developers to file complaints against buyers of they are not making the payment on time. At the CII Real Estate Conference, Kumar said that there is a need to train, skill human-resources in real-estate sector. Kumar said that the for the completion of a project, timely payment from the buyers is necessary.
"There is a trap of investors, which happens," he said, adding that there are many high net worth individuals who purchase many flats in hope of abnormal profit.
The Confederation of Indian Industry (CII) and Knight Frank India report, forecasts India s real estate sector, to reach a value of $1.5 trillion by 2034.