The real estate sector in India has
assumed growing importance with the liberalisation
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 (like call centres)
etc. and vice versa.
