Real estate is one of the fastest growing sectors in India. The Real Estate and housing sectors attracted US$ 1.12 billion in foreign direct investments in 2010 – 2011 and the sector saw private equity (PE) investments to the tune of US$ 1.32 billion during January – May 2011. The size of the Indian real estate market is estimated to be US$ 12 billion and is growing at the rate of 30 % annually with the residential and commercial real estate sector comprising close to 90 %.

 

In India it is estimated that there is a housing shortage of more that 19.4 million units out of which 6.7 million are in urban areas alone. Apart from this huge demand India also scores on construction front. The average profit in construction in India’s is 18% which is double of a construction project undertaken in US. Real estate sector is the second largest employer next only to agriculture and contribute close to 5 % of countries GDP.

 

Management Advisory Associates (MAA) construction division is dedicated to provide value based real estate service to its clients in the following areas: -

 

 

Each property is developed keeping in mind every possible detail. Presently developing 50,000 sq feet of commercial space on National Highway – 21 Mohali. Phase – A of this project has been completed and rented out to leading nationalized Bank.

 

Additionally MAA also invites proposals from Industry and individuals to develop close to 12000.00 sq yards of prime commercial site on National Highway – 21 Mohali.