Size of real estate market to grow to USD 650 billion by 2040 from USD 120 billion now: Niti Aayog

NEW DELHI: Indian real estate market is expected to jump over fivefold to USD 650 billion by 2040 and its share in the country’s gross domestic product (GDP) is set to double from the current seven per cent, Niti Aayog Vice-Chairman Rajiv Kumar said Friday.

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