Future of Real Estate Industry in

India

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• Speaking about real estate as an independent business, it is one of the most profitable industry/business in India followed by agriculture.

• As per the latest study, India is one of the leading countries in developing some of the best real estate projects in Asia.

• The real estate business is majorly categorised in three sections- residential, commercial and land inclusive of all the sectors growing in India due to the growing middle class and foreign investment into India.

• It is also said that the Indian real estate market is expected to growth by US$ 200bn by 2020, making it very attractive to start real estate business in India.

Brief on Real Estate Industry

Successful Real Estate Entrepreneurs

in India• Sameer Gehlaut: He is one of the young entrepreneurs in India. After completing his graduation in Mechanical Engineering from IIT Delhi in 1994, he worked with US oil services based company in Halliburton.

• His company Indiabulls Group was supported by Lakshmi Mittal from the start. From the time of its inception, he has been the chairman of major Indiabulls Group companies which includes, Indiabulls Real Estate, Indiabulls Housing Finance and Indiabulls Power.

• Vikas Oberoi: He serves as the Chairman, MD and Chief Executive Officer of Oberoi Realty Group and consists of more than 20 years of experience in the real estate industry.

• Speaking about his educational background, Vikas Oberoi has completed his President’s/Owner’s Management Program from the Harvard Business School.

• Oberoi Realty, till now has built 34 projects which covers five million sq.ft of suburban Mumbai..

• Varun Mania: He is one of the most successful and youngest real estate entrepreneur of the country.

• A business graduate from New York University, Varun Manian is the Managing Director of Radiance Group of Companies.

• Varun Manian manages and leads several business ventures under the umbrella of Radiance Group like, Radiance Realty, Radiance Media Group, Radiance Home Solutions, Radiance Total Care Home Services, etc.