When it comes to find the ideal
sector to invest in, real estate sector emerges out as the best option for
investors. Although there are numerous investment options available in the
market, but they all are prone to high risk. Investment in commercial or
residential property in India seems to be a
lucrative option for people to earn huge returns in future. Commercial property
can be categorize in office buildings, industrial property, medical centers,
hotels, malls, retail stores, shopping centers, farm land, multifamily housing
buildings, warehouses, and garages.
In the past few years, the
purchasing power of the people in India has grown as a result of the
continuously growing economic status of India and which is one of major reason
behind the rising demand in real estate investment in
India. Another major behind the rising real estate investment in India is that
India is considered as the safest place to invest in property and give assured
returns on investment. According to several studies it has been found the
Indian real estate market is growing at a rate of 30% annually.
Many people think that one
important reason behind this growth is the rising population of India which in
turn generating huge demand for residential Property in India.
As per the study estimation, the population of India is going to reach 1.3
billion by 2020. There is a huge demand for houses to meet this great need.
Nowadays, people are more interested in buying apartments rather than bungalows
because homes are available at reasonable prices and now people don't want to
live in joint families which mean there is no need for big houses such as villas
or bungalows in India.
The real estate development
companies are now focusing on developing affordable housing for all. This is
why as soon as a residential project is developed; it is completely sold out in
a short period of time. The trend of apartments in India has become demanding
with property buyers as it offers international standard lifestyle at cost
effective prices.
There is no dearth of commercial
property in India as well. Government is also promoting developers to
come out with best commercial estate development in India. Agra Mumbai corridor
is one of such initiatives. Moreover, when it comes to quality of the housing
project, there is no compromise on it. Due to high competition in the market,
developers are developing strong property in India.
