OTCQB:DGWR - Post by User
Comment by
morganagordonaon Jun 22, 2011 11:24am
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Post# 18750161
RE: Indian realty sector will grow to a $90 billio
RE: Indian realty sector will grow to a $90 billioA growing economy comes with its own burdens creating demands on infrastructure and real estate. The relevance of real estate further enhances when we look at the following statistics:
- It is the second largest employer in India (including construction and facilities management)
- It is linked to about 250 ancillary industries like cement, brick, steel through backward and forward linkages
- A unit increase in expenditure in this sector has a multiplier effect and the capacity to generate income as high as five times.