The real estate sector is one of the most globally recognized sectors. In India, real estate is the second largest employer after agriculture and is slated to grow at 30 per cent over the next decade. The real estate sector comprises four sub sectors - housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth of the corporate environment and the demand for office space as well as urban and semi-urban accommodations.
Spy Estate is the real estate website that was launched to bridge the gap that exists between buyers and sellers of properties. People can search for properties in all over india over Spy Estate. The property site will help them search flats in all over India. Over the years, the rates of real estate in India have skyrocketed due to rise in demand for property. To tackle this situation, real estate was developed.
The growing flow of FDI into Indian real estate is encouraging increased transparency. Developers, in order to attract funding, have revamped their accounting and management systems to meet due diligence standards.