Real Estate Facts In India- Quite Amazing!

Are you looking for Real Estate Facts In India? If yes, you are in the right place. today we will see some amazing real estate facts in India.
Interesting facts about real estate

Are you looking for Real Estate Facts In India? If yes, you are in the right place.

Did you know…

Real Estate Facts
Credit: Lexica

The internet is the most preferred medium of home search in India? 

With over 462 million internet users, India is the second-largest online market in the world.

The real estate sector, after agriculture industry, is the second-largest employer in India.

At present, housing sector of India contributes 7-8% to the country’s gross domestic product.

“Kankar bagh” in Patna is Asia’s second-largest residential colony, spread over an area of 900 acres.

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Dwarka is the largest residential colony of Asia.

There are about 248,408,494 households in India, second only to China.

From kutcha to pucca: In 1961, 13.3 per cent of the houses were concrete structures. This number rose to 77.5 per cent in 2011. 

World’s most expensive house: Mukesh Ambani’s mansion Antilia, located at Mumbai, is the world’s most expensive house. The 27-storeys structure was built at a cost of $2 billion.

The floating pillars: The Veerabhadra Temple in Andhra Pradesh is famous of its Aakaasa Sthambha (floating pillar). This pillar hangs from the ceiling and is not grounded to the floor.

A symbol of jealousy: The Victoria Memorial in Kolkata is a symbol of jealousy. The British built it to prove that they can create a monument that is greater than Shah Jahan’s Taj Mahal.

Delhi’s Connaught Place is the seventh most expensive office space in the world.

Prime properties in Delhi’s Lutyens’ Zone and Mumbai’s Nariman Point are as expensive as real estate in New York (US) or London (UK).

Will share more interesting facts in coming posts.

In a meanwhile, a brief about me is below:

I run a real estate digital platform for properties in Lucknow. If you are planning to buy plots, flats, villas etc in Lucknow, feel free to contact me at following co-ordinates

Contact Person: Manu Dhiman

Call: +91 8545884804

Whatsapp: +91 7800207207

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Manu Dhiman

I love to write and discuss about personal finance topics: mutual funds, stock market, credit cards, insurance, real estate, etc. For daily video content ⤵️

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