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Indian Real Estate: Trends, Challenges and Prospects

 
B.V.S Prasad (Author) K. Gowri Shankar (Author)
Synopsis

The real estate sector in India is presently worth USD15 billion and it is growing at a phenomenal rate of 30% per year. This sector is the second largest employer in India, after the agricultural sector. Having attained maturity, the real estate sector is attracting huge investments, especially FDI. Today, real estate in India addresses the demand for built-up space, from a variety of property segments such as offices, residential units, shopping malls, hospitality industry, manufacturing sector and logistics parks, to name a few. The real estate sector is also active in the establishment of SEZs and the building of townships; it is spreading to the smaller cities and underpins their growth. The concept of "green" buildings is being adopted by the sector, testifying to a significant emphasis on sustainability considerations. Infrastructure developments closely parallel real estate developments. This book presents the reader a panoramic view of the operations of Indian real estate sector in various property segments, the challenges faced by the sector and its prospects. The contents of the book are based on research reports and other eminent published sources. The book will be useful to a cross-section of readers, more particularly so to those associated with the real estate sector.

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About the authors

B.V.S Prasad

B V S Prasad is an Engineering graduate from IIT, Kharagpur and holds a Post Graduate Diploma in Business Administration from Indian Institute of Management, Ahmedabad. He has over 30 years of varied industry experience in Consultancy, HR, Finance, Production and Industrial Engineering areas. He is currently working as Senior Faculty Member at Icfai Business School Research Center, Chennai. His areas of interest include Soft Skills, Training and Development, MIS and Management Control Systems.

K. Gowri Shankar

K Gowri Shankar holds an MA in Politics & Public Administration and an MBA from the University of Madras. Currently, he is working as a Faculty Associate at Icfai Business School Research Centre, Chennai. Prior to joining Icfai, he worked as Sales Manager in Tablets India Limited, Chennai and Ethnor Limited (a subsidiary of Johnson & Johnson) Mumbai, as Senior Client Support Manager in Career Development Foundation of Oman, Sultanate of Oman and as Assistant General Manager-Entertainment in MGM Group of Companies, Chennai. He has thirty years experience in marketing, sales and general management. His areas of interest are marketing, sales and business strategy.

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Bibliographic information

Title Indian Real Estate: Trends, Challenges and Prospects
Format Hardcover
Date published: 05.12.2008
Edition 1st ed.
Language: English
isbn 9788131415559
length ix+363p., Tables; Charts; Figures; Annexure; Index; 23cm.