Thursday 31 January 2013

Current Scene of the Indian Real Estate


The real estate sector has become a critical sector of our economy. It is on its growth path. It is having effect on the economy and contributes to almost 5 to 6 percent of GDP. In India it has become second largest sector which is providing employment to people after agriculture. It is also stimulating demand for cement steel paint building materials bricks consumer durables steel iron as well. After allowance of FDI by government we have seen boom in investment and developmental activities. Due to that many foreign real estate investment companies started investing in India. Property market in Indian cities is in bubble state and is expected to burst by November 2014. The primary cause for bubble state is political uncertainties and new RBI norms that severely restrict banking exposure to the real estate sector.


India is a large country .We have much land to get developed. Ansal and some other developers have captured the areas of religious places like Vrindavan, Hardwar and Mathura. Areas in Nagpur ,Nashik, Agra, Bhopal and Ahmedabad are still affordable and amenable to sensible development. Or If you wish to maximize your capital gains in less time you must look f investments in smaller cities like Nashik .They are at affordable prices and a good future investment. Nashik has similar beauty what Pune had 20 years back.And also it is a good place to stay.

In India we have skyrocketing prices to buy a property in metropolitan cities like Delhi, Mumbai ,Bangalore, Chennai to name a few. In Mumbai a 2 bedroom flat of 1200 square feet living space will cost you about 60 lakhs to 1.5 crore or may be even more than that. Same is the case with cities like Chennai ,Bangalore ,Hyderabad ,Pune ,Gurgaon. If these rates are compared to U.K ,U.S France or Australia apartments for 3 bedroom apartment which is 2000 sq feet will cost between 1.3 crores to 3 crores. Ont And that too these houses will have parking space, gardens and swimming pool, front yard .In these countries salaries are 8 times higher if compared to Indian salaries but the cost of houses is only double to triple. Also the interest rate paid by Indians is almost double if compared to the developed countries peers . e The Indian real estate sector has been an unorganized sector but it is slowly evolving into a more organized sector. The major domestic domestic players in the sector are DLF ,Tata housing , Godrej ,Omaxe ,Raheja builders,Ansal Properties to name a few.
Indian real estate will stay attractive to foreign investors as well due to its strong economic fundamentals and demographic factors. demographic factors.

Imperia Structures Ltd is on of the leading real estate developer in Delhi NCR. if you have any Imperia Structures Ltd Complaints or Imperia Complaints or Imperia structures Complaints contact us.

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