KEY TRENDS & DRIVERS
REAL ESTATE • October 2007
Indian Economy: Overview
Fast Improving socio-economic profile
Per Capita GDP is US$ 831 in 2006-07 and is expected to increase further by 25% in 2007-08
Favorable demographics with more than 60% of population estimated to be in the working age (15-60 years) till 2050
Growing lifestyle spending with increased expenditure on consumer durables, eating out and communications.
Increased Foreign Investment
India’s policy on foreign investment has been gradually relaxed with sectors such as construction, telecom and banking allowed. Another route of foreign participation is portfolio investments.
Total FDI investment of about US$ 8 Billion in FY 2006-07