Do you know which sector in India is expected to give the highest returns over the next 10 years?
Look at data by the govt... Infrastructure & Real Estate is expected to grow by ~18% p.a. from 2023 to 2028.
The only other sector that comes close is Healthcare.
Finance is at ~12% p.a... Retail, IT and Renewable Energy at 9-10% p.a.
But why do you think this will happen?
India currently has 4.6 members in one household. Most other developing economies have this number closer to 3.5... and developed ones at 2.5
Over the next decade and more... a huge migration will happen of people leaving their parents’ homes to go to more urbanized cities in India and metros in search for better career and lifestyle.
That means the number of houses that need to be built over the next two decades will give a huge push to real estate companies...
And if you think the cost of buying a house in India is expensive in your area... you have no idea what’s coming...
Satellite tows to current metros are going to boom in prices, and how!
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A Chartered Accountant with about 10 years of experience in areas of Tax Advisory, Startup Consulting, Fundraising, Audits, Deal Advisory, Business Modelling and contract CFO services.
Winner of the ISB Young Leader Award 2017 and the Best All Rounder, PGP Class of '17, Sarthak has also been published about in the leading financial newspapers such as The Financial Express as possibly the youngest Indian to have completed the courses of CA, CS and CMA along with a graduate degree in Financial & Investment Analysis from University of Delhi, all by the age of 23 years.
@meld9712
1 month ago
Prices in my area are same as last 10 years😅
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