Topic: Incredible India: Staggering amounts of opportunity in property market
Despite the continuing turbulence and uncertainty in other parts of the globe, two economies – India and China – will continue to grow at an annual rate of 8-10%. In fact, by 2020 India will become the 3rd largest economy after China and the US.
What will give India’s economy such an edge over the next decade? Actually, it enjoys many advantages that encompass an ever-increasing per capita income and a concurrent domestic consumption pace, which nevertheless leave in their wake a substantial rate of annual savings.