Wednesday, June 3, 2009

Education sector is lucrative as well as recession proof

With thinning demand for real estate and growing cash constraints, many developers are now looking at thriving sectors. They are divesting in non-core businesses such as education with a conviction that it’s a recession-proof sector. Experts believe that the reason behind this shift is a widening demand-supply gap in education sector. It may also be a rational expansion into a different category for developers who have land banks as well as means to raise infrastructure. High rate of return on investment coupled with huge demand-supply gap is attracting realtors to this sector, who will be comfortable setting up the required infrastructure.
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