India's real estate sector to grow multifold to about $6 trillion by 2047: Report
Sunday, 27 August 2023 The report released by real estate consultant Knight Frank India in association with the National Real Estate Development Council (NAREDCO) stated this estimated real estate output value will contribute 15.5 per cent to the total economic output in 2047 from existing 7.3 per cent. Private equity investments in the Indian real estate sector have consistently grown over the past two decades.
U.S real estate investment trusts today manage $4.5 trillion in real estate worldwide. Many groups on Wall Street offer these tax-friendly funds to retail investors. KKR's real estate business is one of the big players in the REIT game. The private equity firm manages multiple REIT funds....
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