Friday, September 10, 2010
Recent Scenario of Indian Real Estate
Posted on 12:56 AM by Real Estate Gujarat
If we take a look at the latest scenario of real estate sector then Indian real estate market explosion in the real estate property with pragmatic exponential boost in the commercial, residential, retail and recreational properties. All projects have extremely successfully taken the market to new heights.
According to the Indian real estate research, it is believed that currently the real estate market has crossed about 20 million dollar. Institutes like Urban Land Institute and Pricewaterhouse Coopers has accredited that India is the foremost real property investment market in Asia. India real estate also indexed a vivid expansion in the rate of investment. If we look in Chennai real estate, real estate Mumbai, Bangalore real estate, real estate Hyderabad, real estate Pune then all these are believed to be the top most priority of investors. These metro cities have observed a real swift growth as compared to other cities in the country.
However, there are many factors which play a key role in to lead a sudden boom in the realty market. Indian Population is one of factors which eventually built a strong platform for the construction of more and more residential as well as commercial projects. Other factors such as liberalization policies taken by the government, the accumulation of resource capital, increase in concept of nuclear families and rise in the travel and tour industry of the country are also draw real estate companies growth to high level. In the modern time, there are NRIs (Non-Resident Indians) who are investing in the real estate property of the country and this is also adding to the huge capital of the country.
In preface of the Real Estate Investment Trust as well as the Real Estate Mutual Funds along with the cataloging of the Special Economic Zones into realty market are also responsible for boost in real estate companies in India. On the whole, in all conducts and facets the real estate market in India is booming to new heights.
According to the Indian real estate research, it is believed that currently the real estate market has crossed about 20 million dollar. Institutes like Urban Land Institute and Pricewaterhouse Coopers has accredited that India is the foremost real property investment market in Asia. India real estate also indexed a vivid expansion in the rate of investment. If we look in Chennai real estate, real estate Mumbai, Bangalore real estate, real estate Hyderabad, real estate Pune then all these are believed to be the top most priority of investors. These metro cities have observed a real swift growth as compared to other cities in the country.
However, there are many factors which play a key role in to lead a sudden boom in the realty market. Indian Population is one of factors which eventually built a strong platform for the construction of more and more residential as well as commercial projects. Other factors such as liberalization policies taken by the government, the accumulation of resource capital, increase in concept of nuclear families and rise in the travel and tour industry of the country are also draw real estate companies growth to high level. In the modern time, there are NRIs (Non-Resident Indians) who are investing in the real estate property of the country and this is also adding to the huge capital of the country.
In preface of the Real Estate Investment Trust as well as the Real Estate Mutual Funds along with the cataloging of the Special Economic Zones into realty market are also responsible for boost in real estate companies in India. On the whole, in all conducts and facets the real estate market in India is booming to new heights.
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