Study of supply chain management in real estate sector in India and impact of information technology on the supply chain

Abstract

Real estate is one of the fastest growing sectors in India & it contributes around 8.53% of the total GDP of India. Market size of the industry is US $55.6 billion in 2010-11 and expected to reach US $180 billion by 2020. Total investment by private equity funds in this sector from Jan-March 2014 is US$ 465 million. Govt. of India has allowed up to 100% FDI in development projects for townships & settlements. The CAGR is expected to be around 19% in the period 2010-14, with Tier 1 cities expected to account for about 40% of this growth. With the government trying to introduce developer & buyer friendly policies, the Indian real estate industry is shaping up to be a favored destination for global investors