Real Estate Developers Like Mantri Realty Will Lead The Growth Of Indian Economy
The innovative and new thinking attitude followed by real estate developers like Sunil Mantri’s Mantri Realty have been influential in changing the face of our country from being an under-developed country towards fast-tracking its way to a developed country by evolving word-class infrastructure developments.
The real estate sector of India with key players like Mantri Realty has been the pillar of the Indian economy and has been at the forefront while contributing to the economic growth. The sector contributes to around 8.53% of the total GDP and has witness a whopping growth rate of 30%. It is also of utmost importance to note that this sector has also emerged as the fifth largest destination for foreign investment. All this is a result of developers like Sunil Mantri adopting an out-of-box thinking approach and he is one of the key players in changing the face of Indian economy. He has developed state-of-the-art infrastructure like Mantri Serene in Mumbai, properties like Mantri Premero and Mantri Royale in Bengaluru. Not only has this but he also developed such townships in other towns as well.
The changing attitude of people from living on rent towards owning their own homes has given rise to more changes in the sector making it witness a huge demand in the residential segment.
Sunil Mantri and his company Mantri Realty has completed 120 projects of residential as well as commercial in 15 million sq. ft. area spread across India in different cities such as Mumbai, Gwalior, Pune, Solapur, Nagpur, Hyderabad, Bangalore, etc. The Group has been confirmed with various Foreign Direct Investments (FDIs) close to the tune of US$ 200 million in various projects spread across India.
“The real estate industry looks positive. I feel the market has started improving and by next year it would start responding positively. Price correction has already happened. We estimate sales growth of about 30% next year.” says Sunil Mantri.
Thus real estate developers like Sunil Mantri will facilitate the growth in Indian economy and contribute to the need of the hour.
The real estate sector of India with key players like Mantri Realty has been the pillar of the Indian economy and has been at the forefront while contributing to the economic growth. The sector contributes to around 8.53% of the total GDP and has witness a whopping growth rate of 30%. It is also of utmost importance to note that this sector has also emerged as the fifth largest destination for foreign investment. All this is a result of developers like Sunil Mantri adopting an out-of-box thinking approach and he is one of the key players in changing the face of Indian economy. He has developed state-of-the-art infrastructure like Mantri Serene in Mumbai, properties like Mantri Premero and Mantri Royale in Bengaluru. Not only has this but he also developed such townships in other towns as well.
The changing attitude of people from living on rent towards owning their own homes has given rise to more changes in the sector making it witness a huge demand in the residential segment.
Sunil Mantri and his company Mantri Realty has completed 120 projects of residential as well as commercial in 15 million sq. ft. area spread across India in different cities such as Mumbai, Gwalior, Pune, Solapur, Nagpur, Hyderabad, Bangalore, etc. The Group has been confirmed with various Foreign Direct Investments (FDIs) close to the tune of US$ 200 million in various projects spread across India.
“The real estate industry looks positive. I feel the market has started improving and by next year it would start responding positively. Price correction has already happened. We estimate sales growth of about 30% next year.” says Sunil Mantri.
Thus real estate developers like Sunil Mantri will facilitate the growth in Indian economy and contribute to the need of the hour.