The Indian Real Estate & Housing Sector plays a crucial role in the country’s economic development. Investments in housing and construction generate eight times employment opportunities through extensive backward and forward linkages, making it a significant contributor to job creation. Additionally, the sector is one of the largest recipients of Foreign Direct Investment (FDI) and supports over 350 allied industries, amplifying its economic impact.
Real Estate
ITA > Real Estate
Indian Real Estate & Housing Sector: A Key Driver of Economic Growth
ITA’s Role in Driving Reforms and Growth
The Confederation of Indian Industry (ITA), through its National Committee on Real Estate & Housing, actively collaborates with stakeholders and the Union and State Governments to introduce key reforms aimed at enhancing transparency, governance, and sectoral growth. Some of the critical initiatives where ITA has played an instrumental role include:
➤ Real Estate (Regulation and Development) Bill – Advocating for structured regulations to bring transparency and accountability.
➤ Public-Private Partnership (PPP) in Affordable Housing – Encouraging private sector participation to address housing needs.
➤ Real Estate Investment Trusts (REITs) – Facilitating a robust investment framework to unlock sectoral growth.
Through its Infrastructure Division, ITA collaborates with central and state governments, industry leaders, and stakeholders to promote PPP as the cornerstone of India’s infrastructure development. By advocating for progressive policies and enabling industry participation, ITA continues to support the creation of world-class infrastructure that fosters economic growth and global competitiveness.
A Promising Future for Indian Real Estate
With strong market fundamentals and progressive government support, the Indian real estate and housing sector is poised to be a key driver of economic revival in the coming decade. As reforms continue to shape a more structured and investor-friendly environment, the sector is set to play a pivotal role in India’s growth story.