Times of India
AsiaPac · 1 hrs ago
Real estate emerges as fastest-growing services sub-sector, up 24.7 per cent in June
Real GDP stood at Rs 81.36 lakh crore in Q1 FY27, up from Rs 75.46 lakh crore a year earlier.Real estate emerged as the fastest-growing services sub-sector in June 2026, expanding 24.7 per cent year-on-year, according to the latest Index of Services Production (ISP) data released by the Ministry of Statistics and Programme Implementation (MoSPI).The sector recorded the highest growth among the 19 sub-sectors tracked by the index, followed by retail trade at 18 per cent, wholesale trade at 15.1 per cent, administrative and support services at 14.4 per cent, and IT and computer-related services at 13.5 per cent.Eight of the 19 sub-sectors recorded double-digit growth in June compared with the same month last year, while 18 registered positive growth, indicating broad-based expansion across t
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