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BUSINESS ECONOMICS - December 1 - 31, 2023

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Owing a home for an average Indian is as much a step for wealth building as the fulfilment of emotional security. This is reflected in the sharp rise in residential housing sales in India over the years. The size of the country’s real estate industry is expected to reach $1 trillion by 2030 from $200 billion in 2021, according to a joint report prepared by Naredco and EY. The real estate sector is one of the fastest moving sectors of the Indian economy – it is the second-highest employment generator in the country after agriculture. The sector is deeply interlinked to a large number of allied industries including steel, cement and bricks and is estimated to account for about 6-7% of the economy. India’s real estate market has grown tremendously in the past decade. Robust occupier interest, the rise of organized real estate developers, and the entry of institutional capital have acted as catalysts for the growth.
BUSINESS ECONOMICS Description:
Business Economics, following its credo of “exclusive and comprehensive” coverage, has been one of India’s most popular business magazines. What started as a 12-page tabloid in 1995 has become a magazine with global reach and coverage.
Each issue consists of ten main sections: World, Finance, Economy, Industry, Agriculture, Environment, Technology, Health, Culture, and Enlightenment. It covers the entire gamut of economic activities in India and abroad. Thoughtful pieces on socially and politically relevant issues, health, education, culture and enlightenment are also covered to give our readers an all around perspective.
Besides having a team of highly-qualified and experienced editors and a network of correspondents spread across the country, it has a panel of eminent columnists.
Business Economics is committed to objective reporting and is not attached to any political or economic ideology
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