Problems in Real Estate sector and its possible solution

In this article, we will discuss about Indian Real Estate Sector. However, it's obvious that real estate sector around the world is facing more or less similar issues. Problems in the real estate sector include: Rising prices : Continuous and exponential rise in the price of real estate has made it unaffordable or hard to afford for common people and small businesses in many parts of the nation. Inefficient use of Land : A large amount of land is lying empty because of its unaffordability or because of its owners wanting to earn more profits in future. This land does not add any value to the society or to the national economy and it often hampers the Industrialization of the nation. The reasons behind these problems include: Over-Financialization : Over-financialization in the real estate sector has led to its commodification of it. Land is being treated as a commodity to earn huge profits instead of a social property. An influx of huge sums of money by investors has resulted in it...