INDIAN REAL ESTATE AT A GLANCE IN 2016 - 2017The housing sector alone contributes 5-6 per cent to the country's Gross Domestic Product (GDP).In the period FY2008-2020, the market size of this sector is expected to increase at a Compound Annual Growth Rate (CAGR) of 11.2 per cent.
The office space absorption in 2016 across the top eight cities amounted to 34 million square feet (msf) with Bengaluru recording the highest net absorption during the year.
