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Top construction company in world

The construction companies and the construction industry are at the forefront of global development and acceleration. Worldwide construction companies are directly related to architecture and civil engineering, as well as the concept of building an infrastructure.

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Top construction company in world

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  1. A New Chapter Opens for Indian Luxury Housing

  2. The residential real estate sector in India has had its ups and downs for two years now. Negative news about real estate seems to be all the rage with the media these days. Luxury real estate, in particular, has been getting very bad press of late.

  3. India's GDP growth for FY'17 has been pegged at 7.1%. The number of Indian ultra-HNIs jumped to 2 lakh in 2015 from 1.84 lakh in 2014; it currently stands at 2.36 lakh and is expected to reach 483,800 by 2025. India is currently home to the world's fourth-largest population of millionaires in Asia Pacific region.

  4. The real estate construction India market will almost double to $180 billion by 2020 from the $93 billion it accounted for in 2014, thereby accounting for 13% of the GDP compared to the current 5-6%. Luxury housing constitutes almost 4-5% of the total real estate market and with overall pie increasing

  5. India is a constantly growing, developing country, and its housing deficit is the stuff of legends. Currently at around 17.5 million units, most of the deficit is in affordable housing - meaning very low-priced homes to house the bulk of the country's homeless or those living in informal housing such as slums.

  6. Mid-income housing - or housing that caters to the better-off middle class - also sees a lot of demand, but such housing needs to be in good locations with sufficient infrastructure, priced right and within reasonable completion timelines to attract the latent demand. The oversupply that exists in this segment is largely because many projects have fallen short of a few or all of these fronts.

  7. Given the huge pent-up demand for mid-income housing, this supply will eventually be absorbed - excess supply is usually measured in the number of months it will take for it to be sold. In most Indian cities, there is excess supply in this segment because most of the demand is from end-users, not investors.

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