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India's real estate and infrastructure sector has been a catalyst in India's accelerated economic growth, creating a plethora of opportunities in its wake. It is also the second largest employer, next only to agriculture, and supports over 200 ancillary industries. The Indian real estate sector is growing at 30 per cent annually. It is currently estimated at $14 billion and is slated to touch $102 billion by 2017. In the next five years, government estimates show $330 USD billion dollar investments are required in infrastructure projects, based on the "P-P-P" approach (Public Private Partnership) and other funding methods. Many states are today encouraging private sector participation. However, with the private sector bringing in the capital and the much-needed technical and managerial expertise in formulating and delivering good quality realty and infrastructure projects, the role of the government is viewed only as a facilitator.
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