Right Time for Making Investment
in Real Estate Market in India to En-Cash the Appreciation Aspiration The Real
Estate market of India is registering a phenomenal boom with the
industry seeing an exponential rise in the numbers of all sorts and classes of
property whether it is commercial, residential, retail or recreational assets.
Every sort of realty project in India is witnessing enormous growth and making
the value of Indian property touch the skies.
Enough research has been done for
assessing the growth of the industry and that has revealed that the present net
worth of this industry in India has gone over the figure a 20 million dollars.
Established international research agencies like Pricewaterhouse Coopers and
many other such agencies have arrived at the conclusion that the India has
become the topmost realty investment souk in the whole of Asian continent.
Another finding that has been brought out by the research is that the investors
in India are also making significant contribution as the rate of investment
made the Indian investors is becoming larger. The top most gainers that are
contributing towards this growth in India property market are Delhi, Bangalore
and Mumbai that have become the first preferences of the investors intending to
invest in the realty sector. The aforementioned metropolitan cities are the
highest growth attaining cities of India from the point of view of growth in
property values.
The sudden boom in the market
value of the property in India can be accorded
to a set of causes. The most primary factor that has led to this sort of growth
in Indian property is the sharp rise in the level of population here. The
population is getting bigger at a very fast pace which, obviously, means that
more accommodation will be required. This rise in the populace is providing
strong grounds for more construction activity to take place which have become
the need of the hour for the growing population. Apart from this, India is also
very quickly imbibing the IT culture with many IT based corporations from all
over the world wanting to have their workspaces in India, which in turn, calls
for more space and construction. Thus the IT industry has also made significant
contribution in the development and growth of property in India.
Miscellaneous reasons like
liberalized policies of the Indian government, amassing of capital resources,
increase in the tourism and travel activity in India and more have also left a
mark on the development of Real Estate in India. The Indian
families are also getting inclined towards having nuclear families which also
is leading to increase in the requirements of habitat. With the advent of more
and more multinationals in India, the young population is also opting for
relocation and this is also adding to the worth of the realty market in India.
India is also seeing a lot of investments being made by the NRIs.
Thus, it has been evidently
recorded that India is the right destination to be in for making an investment
in realty here so that one is able to record high appreciation in the property values.