subject: Changing Real Estate Trends In India [print this page] Real estate is one of the hottest investment options today. Being one of the most popular and most-sought after investment sector, real estate is gradually becoming a major player in the countrys economy.
Real Estate: Highlighting the Growth Story
Is it a real estate bubble or the growth is here to stay? There are so many assumptions going around the status of real estate sector in India. However, the increasing thrust of housing options and scarcity of available land has suddenly raised the pulse of the real estate sector in the country. A lot of other factors are responsible for expansion of real estate sector and its embryonic trends.
Supportive government policies in the industrial and the economic sector have spurred the growth of real estate sector in India. The recent provision of Foreign Direct Investment (FDI) in the real estate has added a new enthusiasm in the real estate sector throughout the country. As a result, along with the residents, hundreds of investors across the globe are entering into the country and securing their places. Statically, the onset of FDI has attracted about three times investment in India, bringing in a positive outlook into the sector broadly. Thanks to FDI, a sudden surge of commercial as well as residential growth across the major satellite cities became more viable today.
The Indian Real Estate Bubble:
In the past few years, Market pundits and experts referred the growth of real estate sector as the property bubble. No one actually has predicted that the positivity of the real estate sector will stay long. However, the assumptions proved wrong and even aggravated by the high demands and less supply. Also, the flexible FDI policies have infused a fresh energy to the growth of the sector.
Real Estate Trends in NRI Investment:
The Indian real estate sector is going through a revolution these days as hundreds of Non-Resident Indians (NRIs) are flocking in to buy their spaces in different cities of the country. Also, with better job opportunities and disposable income in hand, an army of domestic buyers has shown up to claim their dream homes. This scaling up of property demand has thoroughly changed the concept of property investment in India. Portraying as an elegant way of lifestyle, many real estate developers are coming up with newer housing options, well-equipped with world-class amenities.
