Real estate is one of the vital sectors of the Indian economy. It's the second largest employer in the country if you consider its four cornerstones - housing, retail, hospitality and commercial spaces.
The sector is expected to be a $650 billion sector, and its share in India’s gross domestic product (GDP) is projected to double from the current 7 per cent by 2040. Real estate investment trust (Reit), therefore, is an excellent opportunity for investors who want to get a slice of the growing realty pie. Reits allow good income from high-end properties Reit is an ...
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