News

Global realty investments to shoot up by 55%

Views: 368
11,945

Real estate sector is soon expected to witness the glorifying performance and emerge as a positively flourishing sector worldwide. According to the recent PwC report titled ‘Real Estate 2020’ the global investments in realty segment is expected to soon shoot up by 55 percent to US$ 45.3 trillion by 2020.

The report further outlined that the developing economies from the Asia-Pacific regions, including India, is likely to witness an increase an investments by 140 percent to US$10.2 trillion by 2020 from US$ 4.3 trillion marked in 2012.

Shashank Jain, Executive Director (Capital Markets) PwC opined rapid urbanization and demographic changes as major contributory factors in driving the substantial investment growth to be witnessed in the realty industry over the next six years.

The report also foresees investments sourced from Asia-Pacific regions to outpace developed regions like US, Europe, Latin America, Middle East and North African regions.

Get a chance to meet who's who of Smart Cities ecosystem in India including key policymakers from Central and State Governments. Join us at Smart City Summit, Surat on 19th-20th May, 2018 to explore business opportunities. Like and connect with us on Facebook, Linkedin and Twitter.

Recommended from all portals

11,945 Comments

Leave a Reply

Your email address will not be published.

Most Popular

.

About Us

Smart city portal was started with an aim to provide latest news information about the smart city mission of the Government of India. Founded in 2015, the portal enjoys the distinction of being India's first integrated website on smart cities of India. The website features stories on the economic growth of Indian cities where the government is trying to improve the quality of life of people by enabling local development and harnessing technology as a means to create smart outcomes for citizens.

Contact Us

Elets Technomedia Pvt. Ltd. Stellar IT Park, 7A/7B, 5th floor, Annexe Building, C-25, Sector 62 Noida – 201309, Uttar Pradesh, India

To Top