subject: Property In India Known To Be The Lucrative Business In The Real Estate Scenario [print this page] A multilevel growth has been noticed within the past few years in the real estate market. It is further expected that there is no chance for the market to come down. As a result number of companies has made this sectors as one of the prime aspect of the business and hence are providing an enormous growth by providing an excellent opportunities in these properties. The Indian real estate market features two main properties i.e. Residential as well as the Commercial properties. The featured projects, builders, marketing property intelligence as well as the builders gallery are known to be the pillars of the Indian real estate market.The real estate sector has become one of the hot discussion topic among the investors. Not only in the metro cities, but in some of the small cities, the prices of the real estate are seen to be rapidly increasing. With the high rise in the rates a huge number of buyers are noticed to invest their hard earned money in the properties. As the India property is recognized to be the countrys fastest growing sectors, hence, it is totally dependent upon the government policies in order to make the direct investment.
The market of the Indian real estate is known to be the second largest market player and is continuously blooming especially towards the household creation. Purchasing or the selling of the real estate property clearly means to have high amount of transactions along with the significant investment. The three main factors that plays a significant role in this field are faith, reliability and trust, which depending upon the needs, the business require specialization in the areas of property management, marketing, brokerages as well as appraisal. The market of the Indian real estate is noticed to be highly fluctuating and hence are considered to be the remunerative business. The main criteria for the real estate property is the pricing level, as it is known that the market success of the India property is totally dependent on it.
Specialization in each field of real estate business are recognized either in the property of commercial, residential or industrial. The two most important terminology being used in the real estate are the price and the market value. Price is the historical fact at a time of transaction, while the market value is the ever changing fluid concept, which is being recognized as an estimated amount at which the property should exchange between the willing buyer and seller on the date of valuation. Nearly 35% of the proposed residential land in the India property is under the process of licensing. The major corridors where you can notice an affected growth are Pataudi Road, Sohna Road, Jaipur Highway, Golf Course Road, concentrated growth in Bhiwadi and Dharuhera etc. Certain sectors of New Gurgaon like 80, 81, 37, 37 D, 92, 93, 95, and 99 are known to register a vast response. Among the major developers gaining tremendous fame in the real estate market are Chintels, Unitech, DLF, Antriksh, MGF EMAAR, Raheja Developers, CHD, etc stands the best. The ILD Group has been seen to come up with the ILD Trade Centre especially on the Sohna Road which is considered to be the mixed product thereby catering the needs of commercial as well as the retail buyers.
