| Since the country has become Republic, it has undergone many changes. It has achieved global recognition in the world economy. And, the changes are seen in many sectors including real estate. Importantly, the real estate industry contributes a major share in the country’s GDP.
Surabhi Arora, MRICS, Associate Director - Research, Colliers International said, "The sector started flourishing with India embarking on broad-based liberalization in post 1990's era when various multinational corporate started seeking permission to commence operations in India. Mumbai, being the financial capital of India, was the first city to witness the influx of financial and services multinational companies.........................................Full Article: Source
|