The real estate sector in India has assumed growing
importance with the liberalization of the economy. The consequent increase in
business opportunities and migration of the labour force has, in turn,
increased the demand for commercial and housing space, especially rental
housing. Developments in the real estate sector are being influenced by the
developments in the retail, hospitality and entertainment (e.g., hotels,
resorts, cinema theatres) industries, economic services (e.g., hospitals,
schools) and information technology (IT)-enabled services. The real estate
sector is a major employment driver, being the second largest employer next
only to agriculture. This is because of the chain of backward and forward
linkages that the sector has with the other sectors of the economy, especially
with the housing and construction sector.
Being a progressive, pro-growth Chamber, ICC is committed to
work for the development of the sector through policy advocacy and through
leadership by bringing together Industry personnel, Retailers, Manufacturers,
and Policy Makers in the sector. The state holders of this Sector could join
the Chamber to
- Become
a Participant in the Community
- Create
Networking Opportunities
- Establish
partnership
- Learn
from Other Business Owners
