The Indian economy has witnessed robust growth in the last few years and is
expected to be one of the fastest growing economies in the coming years. Demand for
commercial property is being driven by India's economic growth. Real estate in India
contributes about 5 per cent to India's gross domestic product (GDP). The total
revenue generated from the real estate sector in 2010-11 stood at US$ 66.8
billion.
Demand is expected to grow at a compound annual growth rate (CAGR) of 19 per cent between 2010 and 2014, with tier I metropolitan cities projected to account for about 40 per cent of this. Growing infrastructure requirements from sectors such as education, healthcare and tourism are also providing opportunities in the real estate sector.
Urban population has been increasing and is expected to cross 590 million by 2030.Urbanisation and increasing household income are some of the major factors that influence demand for residential real estate and growth in the retail sector.
Gurgaon is registering the fastest growth in the real estate sector in the country. Developers are flocking to the region to launch new projects after prices here shot up by as much as 25% in the last one year.
Recently, well-established realty players like Godrej Developer,Tata Realty from Mumbai and Sobha Developers from Bangalore launched their projects in Gurgaon. This has further infused the competition in the sector in the region.
The Indian real estate market size is expected to touch US$ 180 billion by 2020.
Demand for residential, commercial and retail real estate is rising throughout India, accompanied by increased demand for hotel accommodation and improved infrastructure. Growth prospects and price stability of smaller cities are attracting large real estate developers in such cities in the recent past .
Non-resident Indians (NRIs) are looking forward for investment in Indian real estate with the dollar appreciating in value compared to the rupee in the recent times.
Some of the major investments in the Indian real estate sector are:
• Realty firm Avalon Group to invest Rs 200 crore (US$ 36.32 million) to develop a group housing project at Bhiwadi in Rajasthan. The company would develop 800 housing units in the 12-acre project 'Avalon Regal Court'
• Canada-based NRI billionaire Bob Dhillon is considering investing up to US$ 100 million (about Rs 540 crore) in the Indian real estate market and is planning to approach the Haryana Government for developing a township near Chandigarh
• Sahara India has set up a construction joint venture with 110-year-old American real estate company Turner Construction Co, a subsidiary of German construction group Hochtief, and the Acropolis Capital Group, a special situation investment and development firm. The JV Company will build integrated townships called Sahara City Homes and other Sahara India projects in India worth US$ 25 billion over the next 20 years
• Kotak Realty Fund, the real estate private equity fund of Kotak Mahindra Group, has entered into a joint venture with Chennai-based Akshaya Homes for construction of residential units on a 20-acre plot of Chennai's Old Mahabalipuram road.
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.
Demand is expected to grow at a compound annual growth rate (CAGR) of 19 per cent between 2010 and 2014, with tier I metropolitan cities projected to account for about 40 per cent of this. Growing infrastructure requirements from sectors such as education, healthcare and tourism are also providing opportunities in the real estate sector.
Urban population has been increasing and is expected to cross 590 million by 2030.Urbanisation and increasing household income are some of the major factors that influence demand for residential real estate and growth in the retail sector.
Gurgaon is registering the fastest growth in the real estate sector in the country. Developers are flocking to the region to launch new projects after prices here shot up by as much as 25% in the last one year.
Recently, well-established realty players like Godrej Developer,Tata Realty from Mumbai and Sobha Developers from Bangalore launched their projects in Gurgaon. This has further infused the competition in the sector in the region.
The Indian real estate market size is expected to touch US$ 180 billion by 2020.
Demand for residential, commercial and retail real estate is rising throughout India, accompanied by increased demand for hotel accommodation and improved infrastructure. Growth prospects and price stability of smaller cities are attracting large real estate developers in such cities in the recent past .
Non-resident Indians (NRIs) are looking forward for investment in Indian real estate with the dollar appreciating in value compared to the rupee in the recent times.
Some of the major investments in the Indian real estate sector are:
• Realty firm Avalon Group to invest Rs 200 crore (US$ 36.32 million) to develop a group housing project at Bhiwadi in Rajasthan. The company would develop 800 housing units in the 12-acre project 'Avalon Regal Court'
• Canada-based NRI billionaire Bob Dhillon is considering investing up to US$ 100 million (about Rs 540 crore) in the Indian real estate market and is planning to approach the Haryana Government for developing a township near Chandigarh
• Sahara India has set up a construction joint venture with 110-year-old American real estate company Turner Construction Co, a subsidiary of German construction group Hochtief, and the Acropolis Capital Group, a special situation investment and development firm. The JV Company will build integrated townships called Sahara City Homes and other Sahara India projects in India worth US$ 25 billion over the next 20 years
• Kotak Realty Fund, the real estate private equity fund of Kotak Mahindra Group, has entered into a joint venture with Chennai-based Akshaya Homes for construction of residential units on a 20-acre plot of Chennai's Old Mahabalipuram road.
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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