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The Indian economy also has become the world’s fastest growing economy among the large economies. It is the world’s fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). The long-term growth perspective of the Indian economy remains positive due to its young population and corresponding low dependency ratio, healthy savings, and investment rates, increasing globalisation in India and integration into the global economy.India is the world’s largest manufacturer of generic drugs, and its pharmaceutical sector fulfills over 50% of the global demand for vaccines. The Indian IT industry is a major exporter of IT services with $196 billion in revenue and employs over 4.47 million people.
Mumbai, the State Capital of Maharashtra is the Financial Capital of India. The city has offered not merely glamour, entertainment, but also wages and much higher level of assurance of employment. Over the years it naturally has attracted a large number of people from rural and other areas leading to large scale migration into the mega city. The pace of urbanization has left far behind the efforts and initiative of planners, local bodies, housing authorities and formal real estate developers in providing affordable housing to a large number of its residents. Today, as a result, about 50% of its residents spread over around 2397 slum clusters live in unhygienic, deplorable, unsafe huts or shanties called slums. These slums have come up on private lands, Stale Government lands, Municipal Corporation lands, Central Government lands and Housing Board lands. The Government of Maharashtra has launched a comprehensive slum rehabilitation scheme by introducing an innovative concept of using land as a resource and allowing incentive floor space index (FSI) in the form of tenements for sale in the open market.
Gyan Group project is located in the heart of the Mumbai city. It is located on Western Express Highway next to Andheri just behind Hindu Hruday Samrat Balasaheb Thackerey Trauma Care Hospital. Two Local Train Stations & Two Metro Stations are in vicinity of our proposed construction site. We can easily reach to any part of Mumbai within a hour time. Gyan Group is aimed to complete entire 3 acres project in quick time frame. Investor will get very high ROI for their investments in very short time-span.
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