Real estate market in India is growing at the rate of 30% p.a. with an investment opportunity of over US$75 billion in the next 5 years. Data showcased by property surveys show that returns from rental incomes on investment in commercial property in Indian metros, is around 10.5%, the highest in the world. Accounting for over 10 per cent of the country’s GDP, with the largest young population in the world, India is set to become the world’s fifth-largest consumer market by 2025 and will fuel the demand in real estate sector. Real estate investments in India yield huge dividends. 70 percent of foreign investors in India are making profits and another 12 percent are breaking even as per Associated Chambers of Commerce and Industry of India (ASSOCHAM)

The real estate market is projected to grow to US$60 billion by 2010 at a compound annual growth rate - CAGR of 40%. Tier 2 cities (non-metros) likely to experience faster growth in the future. Several factors are expected to contribute to the rapid growth in real estate sector: large demand-supply gap in affordable housing, tax incentives, growing middle class with higher savings, increasing demand for commercial and office space especially from the rapidly growing retail sector which is expected to rise to US$833 billion by 2013 and to US$1.3 trillion by 2018 at a CAGR of 10 per cent. IT/ITES, Hospitality sector and the recently announced JNNURM are expected to provide further impetus. Investment opportunities exist in almost every segment of the business: Housing, Office space - IT/ITES, Commercial space, Hotels and Hospitality.

Real estate companies have been successfully tapping the country’s booming capital markets for funds. Investment scenario has undergone a paradigm shift in India. Construction companies have also raised equity internationally at the AIM in London. 100% FDI is allowed in real estate development subject to minimum scale norms of either 25 acres in case of serviced plots or integrated townships; or 50,000 sq. mtrs. of built-up area for construction development projects Initial investment is locked-in for a 3 year period.

India Realty 2010 conference - IREC 2010

In order to discuss the challenges and to achieve the business opportunities worth US$75 billion in the next 5 years from Indian Realty sector, AM events a division of ASAPP Media Information Group brings you the annual international India Realty 2010 conference – IREC 2010 to discuss, deliberate and share the national and international experiences, expertise and thoughts for the real estate industry.

The conference through its technical sessions will focus on various critical issues like affordable housing and challenges faced in the current economic scenario and will highlight the key trends of India’s emerging real estate sector. The conference will assist in analyzing the rewards and risks of India’s property sectors. It will also focus on the impact of India’s infrastructure development on potential business opportunities and will provide an opportunity to the leading stakeholders to exchange views on critical issues concerning the sector by bringing together key players in the real estate industry to set agenda and road map on the way forward, to take the real estate sector to greater heights.