"India is on the path of becoming a well-structured economy and becoming one of the top three global economies. Real estate sector will be a key contributor to this growth and recognising the potential, the government and regulators are also trying to support it with apt reforms and policies," said Chakravarti, former head of indirect investments, Asia-Pacific, Ivanhoe Cambridge, the real estate arm of CDPQ. He said formalisation of the realty sector will lead to a growth pattern similar to the one seen in the financial services over the last three decades.
