The Indian real estate sector plays a significant role in the country's economy. The real estate sector is second only to agriculture in terms of employment generation and contributes heavily towards the gross domestic product (GDP). Almost five per cent of the country's GDP is contributed to by the housing sector.

In the next five years, this contribution to the GDP is expected to rise to 6 per cent. According to industry players,housing accounts for 4.5 percent of gross domestic product (GDP) with urban housing accounting for 3.13 per cent.

Foreign direct investment (FDI) into India in the real estate sector for the fiscal year 2008-09 has been US$ 12.62 billion approximately, according to the latest data given by the Department of Policy and Promotion (DIPP). Apart from the huge demand, India also scores on the construction front. A McKinsey report reveals that the average profit from construction in India is 18 per cent, which is double the profitability for a construction project undertaken in the US.

Fourtek has identified the demand of this industry in the global market and hence has worked out to serve this marketplace, as client specific solutions.