The construction sector is expected to create 100 million jobs by the end of the decade, and the share of the skilled workforce is expected to rise from 9.The pace of economic growth has further widened the scope of expansion of the construction sector in the country, which includes real estate and infrastructure development to accommodate the growing needs of the economy.According to the report, between 2012-21, the cumulative supply of core skilled employees, i.The growth push in the real estate sector is mostly emerging from residential demand, in addition to commercial, retail, hospitality, and warehousing developments, to cater to demand arising from the growing population.The output generated from India’s real estate sector is estimated to grow to $1 trillion by 2030 from the existing $650 billion.
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