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Naredco says 'Alternate Indian Realty' seeks an investment of ₹30k Crores
Naredco says 'Alternate Indian Realty' seeks an investment of ₹30k Crores
The government agency came out with this figure keeping the alternate real estate sector in mind, indicating micro-housing. Here is how that may affect you!

NAREDCO estimates an investment worth $4.3 bn is needed to satisfy India's growing demand in student and professional micro-housing. By 2022, the concerned sector is due to grow exponentially, says Meraqi, which could be about 2.31 million housing units when putting in numbers.

There has already been a steep rise in investment pouring in this sector, many large conglomerates have employed thousands of crores as they certainly see it as the next big thing.


How does that matter to you?

Currently, this sector lies mainly unorganised, and the general public is often ill-informed of the economic potential of the alternate residency. We recommend you buying similar-styled units instead of buying a large one, collectively those singulars would yield better profits in rental income.

Source

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