Indian Real Estate Scenario in 2015

Website design By BotEap.comThe real estate sector has been the backbone of the Indian economy and has a key factor in economic growth. According to the data, the real estate sector contributes 8.53% of the total GDP and also experienced a growth rate of 30%. It is also important to note that this sector has emerged as the fifth destination for foreign investment. According to a study by ICRA (Indian Credit Rating Agency), the real estate sector today ranks third among the 14 major sectors of the economy.

Website design By BotEap.comToday, the Indian economy is developing rapidly and this has led to the migration of people from rural areas to cities. The shift from rural to urban areas is reflected in increased household spending. In order to meet the needs of property buyers, all types of properties are available in India, from high-cost properties to budget properties. Infrastructure, construction and property are considered as one sector, India is experiencing tremendous growth. Popular cities like Mumbai, Bangalore, Pune, Delhi, NCR and Ahmedabad offer luxurious residential townships and well-developed commercial spaces for property buyers. Prestige Group, Manti Group, Lodha Group, Gaursons, Supertech, DLF, Godrej, Unnati Fortune Group, Sikka Group, Stellar and Ace Infrastructure are some of the major real estate players offering all types of properties including detached houses, villas and commercial properties. . In India.

Website design By BotEap.comThe improvement in infrastructure and industrial development along with various changes in economic policies has increased the economic growth of India which in turn influences the real estate sector.

Website design By BotEap.comAccording to the latest reports, real estate in India has shown price movements in the capital and rental values ​​in residential projects in major metropolitan areas: Delhi, Kolkata, Mumbai, Hyderabad, Bangalore, Pune and Chennai. The subways instilled new hope for the real estate industry.

Website design By BotEap.comAs the real estate market grows, real estate trends continue to change and so do innovative methods to keep up with these changing trends. In India, you will find different types of properties including residential properties, commercial properties, and luxury townships.

Website design By BotEap.comTo meet the needs of customers, many leading developers have devised ‘theme projects’ ranging from cultural themes such as Greek, Spanish, and Mediterranean to interest-related themes such as sports, Hollywood, and many more. Some of the best examples of themed projects are Romano by Supertech, La Montana by Tata Housing and Lakeside Habitat by Prestige Group. Therefore, not only end users but even low cost investors can make profit from investments in India.

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