SOUTH KOREA Newzealand
12 8
1.49 0.99
Source:Stastical Bulletin of EPRA 2007, 2006, 2005
Fig: 4.3 The table 4.4 depicts number of real estate companies existing in the countries in year 2007. After having such a high potential in the real estate market in India it has only 2% of companies listed in comparison to other countries. Though the countries like Malaysia which has very low listed capital compare to India, no. of companies listed are around 11% .India has to give excess to real estate companies to get listed by making the norms simpler.
Fig: 4.4 Real Estate growth rate (in %)
Source: www.economicwatch.com The figure 4.4 depicts the Indian growth scenario in comparison to other countries. As can be clearly seen, Indian real estate has a magnificent growth rate. The size of the Indian real estate market is estimated at USD 12 billion and it is currently growing at rate of about 34% annually which gives a clear picture of huge prospective for Real estate market in coming years.