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ā¢ India's construction sector has experienced a boom, growing 13.3% in July-September from a year earlier, contributing to the country's forecast-beating 7.6% GDP growth.
ā¢ The boom is driven by rising incomes, a severe housing shortage, and strong population growth.
ā¢ The housing market is expected to continue performing well for the next few years, with demand coming from first-time buyers and existing homeowners looking for more spacious apartments.