The Big Story



Real Estate Could Be Key Contributor To USD 5 Trillion Economy

As the second-largest employer and a major contributor to the country’s GDP, the real estate industry is one of the Indian economy’s strongest pillars. It cannot remain a neglected stepchild – it must become the apple of the government’s eye. A convincing revival of the Indian real estate sector is essential for the economy to move out of its current slow phase and achieve the mammoth targets – Housing for All by 2022 and making India a $5 trillion economy by FY 2024-25.








USD 8.7 bn of MMR’s Realty Loans Severely Stressed, Double Of NCR

Of the total real estate loan of USD 93 bn, NCR, MMR and Bangalore together account for a whopping 80% share (USD 74 bn). Of the overall loan amount extended to real estate, USD 14 bn (or 16%) is under ‘severe’ stress while nearly 62% (approx. USD 58 bn) is completely stress-free. The remaining 22% or USD 21 bn loan amount is under pressure but can potentially be resolved.