Real estate is the second largest employing sector in India. Real estate is Rs 558.94 (in revenue) industry in India. It is linked to about two hundred fifty ancillary industries like cement, brick and steel through backward and forward linkages. It is expected that by2015 there will be a demand for over 24.3 million new dwellings. Real estate’s are the most valuable trend in present times. But before investing in real estate one should be having proper knowledge. It involves high financial cost but still many people are showing their interests in real estate.
In this article we will be discussing some strengths of Indian real estate market. In spite of inflation and recession there is stable condition in real estate market in India. People are still investing in real estate and have a flare for luxurious houses and apartments. Preference of new age buyer is luxury or super luxury housing projects. There has been a steady increase in luxury projects in the major cities of India. Despite the cautious economic climate all over the world, there is still a lot of wealth generation happening in Indian real estate market.
The real estate sector has assumed importance with the liberalization of the economy. There is continuous increase of migration of people from rural to urban areas. There is development in real estate sector as it is being influenced by the retail hospitality and entertainment industries. It is also serving as employment driver. After agriculture it is India’s second largest employment providing source.
There are so many ancillaries which are dependent on real estate. Indian real estate sector is one of the most attractive industries of present times. The prospects of Indian property market are attracting all major investors to this vast land of opportunities in coming years. It will also help in boosting the already raising foreign direct investment. Government is also taking steps by altering its policies from time to time. Due to relaxed FDI rules many foreign investors have got attracted towards Indian property. It is seemingly the most lucrative ground at present.
It is ever growing economy which is on a c rise in India having increase of 8. Percent The boom is attracting people and increasing the purchasing power of people. India is going to produce an estimated 2 million new graduates from various Indian universities creating new demand for offices and industrial space. Seventy percent of the foreign investors are making profits and another 12 percent are breaking even. Many 500 fortune companies have stepped up in India and are initiating many operational companies which will ultimately increase the demand for corporate offices. Now we can see presence of ITEs, BPO and It companies in India. With this there may be attraction for pharmaceuticals, jeweler Chemicals Company also.
Author Bio:Piyush Group is one of the leading real estate company in india. Piyush Group is involved in development of Integrated Township, Group Housing Projects, Commercial Mall.Piyush Group is an ISO certified company
In this article we will be discussing some strengths of Indian real estate market. In spite of inflation and recession there is stable condition in real estate market in India. People are still investing in real estate and have a flare for luxurious houses and apartments. Preference of new age buyer is luxury or super luxury housing projects. There has been a steady increase in luxury projects in the major cities of India. Despite the cautious economic climate all over the world, there is still a lot of wealth generation happening in Indian real estate market.
The real estate sector has assumed importance with the liberalization of the economy. There is continuous increase of migration of people from rural to urban areas. There is development in real estate sector as it is being influenced by the retail hospitality and entertainment industries. It is also serving as employment driver. After agriculture it is India’s second largest employment providing source.
There are so many ancillaries which are dependent on real estate. Indian real estate sector is one of the most attractive industries of present times. The prospects of Indian property market are attracting all major investors to this vast land of opportunities in coming years. It will also help in boosting the already raising foreign direct investment. Government is also taking steps by altering its policies from time to time. Due to relaxed FDI rules many foreign investors have got attracted towards Indian property. It is seemingly the most lucrative ground at present.
It is ever growing economy which is on a c rise in India having increase of 8. Percent The boom is attracting people and increasing the purchasing power of people. India is going to produce an estimated 2 million new graduates from various Indian universities creating new demand for offices and industrial space. Seventy percent of the foreign investors are making profits and another 12 percent are breaking even. Many 500 fortune companies have stepped up in India and are initiating many operational companies which will ultimately increase the demand for corporate offices. Now we can see presence of ITEs, BPO and It companies in India. With this there may be attraction for pharmaceuticals, jeweler Chemicals Company also.
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