Mumbai: To support the growth of realty, the Indian real estate would require a funding of almost $257 Billion by 2015. Of which almost $42 Billion would be required to aid the construction of residential spaces for the economically weaker sections (EWS). The EY-FICCI real estate report stated that the amount of investment that would be required to sustain the growth of Indian real estate is almost $257 bn. Construction of residential spaces would require $29 bn by 2015 is what the report reveals.Real Estate Investment Trusts (REITs) and other such advance funding alternatives are expected to give the real developers a winning advantage. Moreover these funding options will give the needed support to the real estate sector of India. As per the current statistics, real estate sector’s contribution to the Indian economy is approximately 6.3%. Almost 8 million job opportunities have been thrown open by the sector during this period. By 2025 this will increase to 17 million owing to the huge requirement of skilled manpower in this sector.The housing sector contributes to around 6% of the total GDP with retail and hospitality close up in line. The ancillary sectors like logistics and warehousing have fuelled the growth of real estate in the last few years. The construction of the Delhi-Mumbai Industrial Corridor (DMIC) will allow infrastructure to grow across 200 km stretch on either side of the corridor. This would be yet another constructive factor to nurture the growth of Indian real estate by 2015.займ на карту без отказов круглосуточновзять кредит онлайн