Delhi: The real estate sector of India is predicted to generate over 17 million employments by 2025 across the country. Global realty consultancy firm CB Richard Ellis reported that, development and growth in the real estate in India have excellent potential which will help increase the employments.The construction of real estate projects in 2013 requires total investment of about Rs 2, 54,000 crore. This investment will generate about 3, 70,000 crore with generation of about 7.6 millions employments across the country.The GDP contribution of the real estate sector in 2013 is expected to reach the 6.3 per cent mark, whereas the GDP share of real estate will increase significantly by the year 2015 with growth in the employment rate.The potential of the real estate market is highly dependent on the support and encouragement from the government and policymakers. Main obstacles in achieving this potential include challenges like lack of funding, time consuming approval process, sluggish infrastructure development and high borrowing costs.Many experts predicted that if all obstacles are properly handled then the sector will significantly contribute to the GDP which is predicted to increase to 13 per cent by 2015.The 3.6 billion sq ft space will be completed by the end of the 2013, but if the obstacles present in the sector are avoided then it is possible that the completed space will increase to 8.5 sq ft in the year 2015. The vast construction work in the sector will generate significant employment opportunities which are predicted to increase to 17 million employments in 2025 whereas currently the sector employs to 7.6 million people.займ на карту без отказов круглосуточновзять кредит онлайн