Real estate sector is one of the most globally recognized sectors. It comprises of four sub sectors - housing, retail, hospitality, and commercial. Indian real estate sector has witnessed high growth in the recent times with rise in demand for office as well as residential spaces. The Real Estate Industry in India contributes to 13% of GDP, the third largest contributor to the economic growth. Due to continuous urbanisation, upcoming infrastructure projects and a growing population base, the real estate sector in India is booming. Bengaluru is expected to be the most favoured property investment destination for NRIs, followed by Ahmedabad, Pune, Chennai, Goa, Delhi and Dehradun. According to the Economic Times Housing Finance Summit, about 3 houses are built per 1,000 people per year compared with the required construction rate of five houses per 1,000 population. The current shortage of housing in urban areas is estimated to be ~10 million units. Identifying this need of housing and commercial spaces, Daga Buildcon Pvt. Ltd. was established. It has completed over 10 prestigious residential and commercial building projects and is slowly developing a name in the real estate and construction sector. Daga Buildcon Pvt. Ltd. has completed construction of a number of government contracted buildings and other government projects as well.
