Real Estate Legal Practice is Lucrative, Here’s Why


The real estate industry has been one of the most prominent pillars of the Indian economy. With a contribution of close to 6-8% to India’s Gross Domestic Product (GDP), it stands second in terms of employment generation. The sector has been at the cusp of transformation with policy changes, fall-out of funding agencies and their subsequent cautiousness towards residential projects, developers experimenting with new sectors and offerings, etc. 

According to data released by the India Brand Equity Foundation, which is a government trust, by 2025, the country’s real estate sector is expected to contribute 13 per cent of the country’s GDP. By 2030, it is expected to reach US$ 1 trillion. Without relying on any more numbers, it would suffice to say that lawyers feed off such a healthy industry and a lavish five-course meal sort of feed off, at that.

As regards the changes brought in by the Real Estate Regulation Act, the long-term prospects of these changes are pegged as positive. This expected growth surely spells good news for all lawyers—big and small—in the industry. Plus, the ecosystem is a lot more trustworthy now, thereby reassuring real estate purchasers and investors.

With the new year seeming promising for the real estate industry, it is time that the legal industry working for the real estate sector also buckles up. 

Expertise in certain areas-- such as land acquisition and approval, project development and redevelopment, private equity and investment in real estate, real estate joint ventures, title search and due diligence, documentation and registration, mortgage and mortgage loan auditing-- is a must. For more details click the following links Real Estate Law Firm in India,  Banking and Finance Law Firm in India.
Location: Mumbai, Maharashtra, India

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