The real estate industry in India
has seen good growth over the past decade. Today, there are large numbers of
retail investors looking for an investment as well as residential property in
India. Property in India has become a dream for not only salaried employees or
real estate developers but also for big corporate.
As the potential infrastructure
development in and around the country is stupendous, there is a good scope for
NRI investment into the real estate sector in India. With various cities
getting utmost facility in terms of infrastructure, there is a huge potential
for buying a residential property in India.
Today, as the scenario for real estate business is changed, it has increased
the level of confidence in the retail investors.
Corporate takes the Property in
India by entering into lease agreement. Being into this contract gives them
uniqueness in the corporate working. They get an address in the much
concentrated developing country of the world. There a lot of trade fairs with
the theme of real estate builders taking the stage off in investment decisions.
The land once owned by the farmers across the rural area province is now
strategically and professionally managed by the realtors.
Since the realtors are working
with utmost professionalism, transparency in its operations has increased the
level of confidence to the ordinary citizens. With deployment of skilled
professionals into the real estate industry, corporate find it easy and
convincing to knock a deal in owning property in India.
If one looks at the investment
returns across various avenues, it can be found that real estate gives more
than 20% return on an average per year. This is an influencing phenomenon that
can boost the real estate sector. More investors are coming to buy residential
property in India. This adversely increases the scope for employment into
commercial establishments in and around various cities of the country.
Due to indigenous traders that
have influenced the land business a few decades ago, have witness slack
revenue. But today, what we see is that the government has taken necessary
steps to increase the private and public participation into the real estate. With the establishment of
real estate regulation, there is definitely a positive result in this industry.
Increased number of people is showing genuine interest to own property in
India. Some people take it as a long term investment, seeing that there would
be immense potential in the coming years when the demand for owning a property
in India is concerned.
Not only there is a genuine
desire to own a Residential Property in India, but the fact is that with MNCs
setting up its important operations in India, the employees get a high level of
standard in lifestyle as well as to the income. Therefore, it is not about merely
owning a property in India, but a prestige and a hope for a common man to see
the dream come true in the long run. This gives ways for a nation's development
through right strategic adoption of decisions.
Author – Ravi Chauhan write on
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