Healthcare real estate is booming in India, with projections of $50.2 billion turnover by 2011 and $1.5 billion medical tourism industry by 2010. Major players are investing in developing health cities.
Ahmedabad's real estate market is booming, with property prices doubling in two years, attracting investors like NRIs. Increased demand due to new companies and town planning has fueled this rapid growth.
Fitch Ratings predicts positive growth for the Indian construction sector in 2007-08, driven by infrastructure and real estate investment. Profitability is expected to surge from 2009.