Benefits of Real Estate Investment in India

Real estate investment in India has always been beneficial and, over time, has become a major contributor to the economy. It is important to acknowledge the benefits of real estate investment in India. It is the second largest employment-generating sector, contributing 7-8% of total GDP. With the increasing demand, there has been a rise in both domestic and foreign investment. The introduction of REITs (Real Estate Investment Trust) has also opened new avenues for investment. Additionally, the sector has generated substantial tax revenues for the government through property taxes, stamp duties, and GST.