The Real Estate sector in India is in a transformative mode, witnessing a major shift over the last few years. The sector is expected to grow at a rapid pace, contributing USD 1 Trillion to the GDP of the country by 2030. In the coming days, as the pace of urbanisation grows, the real estate sector has a very important role in addressing the housing needs of millions in urban and semi-urban India.
It is one of the foremost sectors of the country’s economy which is also contributing to employment generation, the GDP and in spurring the growth in related industries. With a view to discuss various key aspects in Real Estate sector for ensuring growth and stability and to develop a Roadmap for accelerated development of the sector, Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) along with Government of India and Government of Uttar Pradesh is organising the "1st National RERA Conclave" on 4th November 2019 at Indira Gandhi Pratishthan, Gomti Nagar, Lucknow.