Bangaloreans would feel it. A couple of years back, the real estate industry in the city was booming and prices were sky rocketing, and then the pandemic came in like a bolt from the blue to push the industry away from its tracks. Today, the over whelming number of ToLet boards hanging across the residential pockets of the city is a silent, drastic testament to the condition of the real estate market in the country. But still, the real estate sector is the second highest employment generator in India, after the agriculture sector

It is anticipated that the real estate industry will incur more non-resident Indian (NRI) investment both the short term and the long term. Moreover, Bangalore is expected to be the favorite real estate investment destination for NRIs, followed by Ahmedabad, Pune, Chennai, Goa, Delhi and Dehradun. The market in the country is starting to respond to the set back as well. Even though the residential realty sector sales across the top eight cities of the country in Q1 FY2022 was dropped by 19 percent, the residential sales more than doubled against the corresponding quarter of the previous year (Q1 FY2021).

Hope is the word to go as far as the real estate industry is concerned. As per ICRA estimates, Indian companies are expected to raise more than $ 48 billion through infrastructure and real estate investment trusts in 2022, as compared with raised funds worth$ 29 billion to date. It’s an ideal time to shed light on some of the stellar leaders in the real estate industry, and this issue is all about them.

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