Real estate is one of the fastest growing sectors of the Indian economy and contributes about 5% to India’s gross domestic product (GDP).The country’s economic growth is driving the demand for real estate in India and hence it gives rise to the need of real estate advisory in India. Demand for residential space is expected to grow at a compound annual growth rate (CAGR) of 19% in the next couple of years and Tier 1 metropolitan cities are expected to account for about 40% of this. This sector is the 4thlargest sector in terms of FDI in the country. During April 2012-January 2013, the sector accounted for 8.8% of total FDI inflows into India. FDI in the sector is estimated to grow to USD 25 billion in the next 10 years. The PPP model is also gaining popularity and affordable housing projects are coming up across the country.