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Sand

Sand is the most important raw material used in the real estate & infrastructure construction. The real estate sector is one of the most globally recognized sectors. 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. The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy. Real estate sector in India is expected to reach a market size of US $1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13 per cent of the country’s GDP by 2025. Retail, hospitality and commercial real estate are also growing significantly, providing the much-needed infrastructure for India's growing needs.

Commercial office stock in India is expected to cross 600 million square feet by 2018 end while office space leasing in the top eight cities is expected to cross 100 million square feet during 2018-20. Gross office absorption in top Indian cities has increased 26 per cent year-on-year to 36.4 million square feet between Jan-Sep 2018. Co-working space across top seven cities has increased sharply in 2018 (up to September), reaching 3.44 million square feet, compared to 1.11 million square feet for the same period in 2017.

The Indian real estate sector has witnessed high growth in recent times with the rise in demand for office as well as residential spaces. Private Equity and Venture Capital investments in the sector have reached US $1.47 billion between Jan-Mar 2019. Institutional investments in India’s real estate are expected to reach US $5.5 billion for 2018, the highest in a decade.

New housing launches across top seven cities in India are expected to increase 32 per cent year-on-year by 2018 end to 193,600 units.In September 2018, a large US Firm announced that it would raise around Rs 52 billion (US$ 775.66 million) through India’s first Real Estate Investment Trust (REIT) listing.New housing launches across top seven cities in India increased 50 per cent quarter-on-quarter in April-June 2018.

The Government of India along with the governments of the respective states has taken several initiatives to encourage the development in the sector. The Smart City Project, where there is a plan to build 100 smart cities, is a prime opportunity for the real estate & sand mining companies. Below are some of the other major Government Initiatives: Under the Pradhan MantriAwasYojana (PMAY) Urban, more than 8.09 million houses have been sanctioned up to May 2019.In February 2018, creation of National Urban Housing Fund was approved with an outlay of Rs 60,000 crore (US$ 9.27 billion).Under the Pradhan MantriAwasYojana (PMAY) Urban 1,427,486 houses have been sanctioned in 2017-18. In March 2018, construction of additional 3,21,567 affordable houses was sanctioned under the scheme. Road Ahead.

Apart from the above boost to real estate sector, the Government of India has given a massive push to the infrastructure sector by allocating Rs 4.56 lakh crore (US $63.20 billion) for the sector. We are in the process of acquiring Large Sand & Stone Quarries in various states in the country namely, Bihar, Odisha, Chhattisgarh, Uttar Pradesh, Madhya Pradesh through government bidding and auction process.





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