Real estate market will touch $90 bn by 2015: report (Indian Express Finance via Yahoo! India News)

The base of Indian real estate market, growing at 30 per cent, is likely to touch $90 billion by 2015 from $14 billion at present. This pace will help the economy sustain its growth between 9 and 10 per cent, said an Assocham report. The additional requirement of 370 million sq ft of space in urban areas by 2010 by sectors like IT, ITeS, financial services and organised retail alone has made the ...