A huge fund is the most need of the hour to keep the pace of the realty industry in India. According to the sources of www.propertykhazana.com it requires double the amount of the fund in 11th five year plan for the coming 12th five year plan. It is estimated approximately 1 trillion USD for the coming Five year Plan to establish a genuine growth in terms of infrastructure as well as economy. The total amount calculated around USD 500 billion for all purposes of infrastructural upliftment for the period of 2007 – 12. It was the growth of 2.36 times in as compared with the tenth plan and now for the twelve five year plan it is expected to raise by double for the realty concrete show of he nation.
With the attachment to this plan around 97 millions of jobs will are too opened for various sections with in next 10 years of time across the country. According to the various study it also came to notice that the rate of workforce participation will hike by 42 per cent which will be around 585 millions of working public. In another note it was also found that it is only the supply of 27000 civil engineers for different job profiles against the 4.27 which will be required in the coming decade. The total strength of the civil engineers in the country is 5, 33,000. The same goes for the section of skilled architectural engineers in the market which likely to have a short fall of around 3.64 million and planners with 1.1 million for the period of 2010 – 20.
Source: NIMMA BENGALURU
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