Since last few years, real estate
sector is booming in India. Price of commercial and residential property is
touching the sky due to high demand of Indian property. Due to this demand,
real estate market is touching the new heights day by day. Moreover, this
growth is depends on the policies adopted by the government to make investments
mainly in the economic and industrial sector easier. The new way selected by
Indian government in regard to foreign direct investment policies has inspired
confidence an increasing number of countries to make investment in Indian
properties.
India is developing country and
due to its rapid development in commercial property and residential property,
India becomes one the most popular country regarding real estate. As investment
scenario is transforming, India has attracted more than four times foreign
investment at US $9 billion during the first half of 2006-07 fiscal, as against
US $4 billion during the corresponding period of 2005-06. This big achievement
is making India amongst the "dominant host countries" for FDI in
Asia-Pacific.
The positive point of view of
Indian government is the major factor behind the unanticipated rise of the
India real estate market. The real estate market is the second
largest employment sector after agriculture sector in India. With rapid
development in all sectors like retail, residential and commercial in metro
cities of India that includes Delhi, Chennai, Kolkata, Mumbai and National
Capital Regions (NCR). Today, banks are easily providing the loan for property
with just simple paper work.
Reasons to Invest In Real Estate
Owing to amazing inflation in
real estate sector, property in India has become a
dream for every potential investor those are looking for dig profits. Everyone
is eyeing for even a small share in Indian property market for a variety of
reasons:
1) Growing economy of India is on
a continuous rise with 8.1 percent increase witnessed in the last financial
year.
2) Every year India is producing
approximately 2 million new graduates from several universities that are
creating a demand for 100 million square feet of official and industrial space.
3) Apart from IT, ITES and BPO,
India has shown its expertise in sectors like pharmaceuticals, auto-components,
chemicals, apparels and jewellery where it can match the perfect in the world.
Conscient is the leading real
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The article is written by Ravi
chauhan, they recommend you to check out the Apartment
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