New Delhi, Nov 17 (UNI) The real estate sector has been contributing 7.8 pc of GDP and providing employment to 77 million people in India, said a combined report released by Ernst & Young (EY) and Confederation of Real Estate Developers Associations of India (CREDAI).

The report said, “In the last 25 years, the overall sector has grown exponentially with demand for more than 6m graded residential developments, 750m sq ft of Grade A commercial office and retail and over 350m sq ft of warehousing space.”

In the last decade, real estate growth is also been fueled by structured investments, regulatory reforms, urbanisation and rising income levels, whereas co-working/living, student/worker housing and data centers have evolved as new growth avenues.

Sharing an industrial perspective, Visha

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