Undoubtedly, real estate India
offers very attractive property investment opportunities for anyone interested
in making real good money. This is due to the consistent appreciation of real
estate properties in India for several years now, barring the recent slump in
the wake of the global economic meltdown. But the recession has had only a
temporary effect in the Indian economy. The real estate industry was in fact
affected by the resultant slump, however. And, reportedly the doldrums in the
market is tapering off and the industry is again becoming vibrant with talks
and deals. As such, individual and institutional investors have begun to evince
keen interest in real estate properties in India. As the
slump has caused stagnation in the market, many prime properties are available
at much less price than they would be available after a year.
From another angle also
investment-wise real estate offers attractive opportunities in India. Among
other investment options, stock and shares do not seem promising in the context
of fluctuating sensex and volatile market conditions. Bank deposits and related
investment options will not yield any lucrative returns in the context of
inflation and declining currency value. There is yet another aspect which can
inspire confidence in the mind of the property investors in India. Currently,
the real estate scenario in India is undergoing a metamorphosis. In the new
scenario new market equations are emerging due to the influence of
sector-specific and macro-economic factors. Also, industry experts aver that
the Indian property sector is going to be in an upswing in the coming years.
The renowned property investment analyst, Jones Lang LaSalle opines: economic
recovery during CY 2010-11 is likely to reinvigorate the interest of foreign
investors in Indian real estate market. We expect enhanced capital inflow in
the real estate sector in the medium-to-long-term.
There is yet another dimension to
the fact that real estate Property in India offers very
attractive investment opportunities. In resonance with the foregone forecast as
to the prospects of real estate investment in India, it would be logical to
anticipate a quantum leap in the property sector in India in the coming future.
The projected growth in the national income in the coming years will be
directly linked to a resultant up-thrust in the property market. Further, owing
to the increase in the pay-scale of Government employees, better paying
corporate sector, foreign exchange through NRI manpower, an estimated 10
million residential units in the middle-income-level will be in need in India
in the coming years. This aspect is very relevant when we analyze the scope of
property investment in India.