The real estate industry in India today, has become undoubtedly one of the major investment sectors. This industry plays an important role in the formation of the country’s economy in the present situation.
There are various developments and elevations which are taking place in the real estate sector with more number of apartments in India and owning to this, it is growing on a fast pace.Various factors are responsible for the growth of this sector and its emerging trends. There are few countries which are witnessing a high rise whereas few countries are witnessing a downfall in this sector.
Another key factor for the development of real estate in India is the kind of policies adopted by the government to enable easy investments in the industrial and the economic sector. In the past few years, the government of India has adopted a new stand regarding the foreign direct investment (FDI) policies which encourages other countries to invest in Indian properties.
There is a rapid growth in the commercial, residential and retail sectors of India in metro cities like Mumbai, Delhi, NCR, Bangalore and Chennai. The real estate in India is the second most favoured destination for the FDI and the country has attracted three times the foreign investment in the past years. The reason for the sudden surge in the Indian real estate is the positive outlook of the Indian government. One of the leading players " Golden Gate Properties " has been having a very strong hold and is sculpting the skylines making living more comfortable ans stylish and affordable.
Should we invest in Indian real estate?
- With the ever growing economy, increasing purchase power of people and demand for real estate sector.
- Demand for hundred million sq ft for industrial space & offices Presence of large number of renowned companies and a demand for office space which is only growing by the day.
- Real estate in India creates huge returns. Also most NRIs are making a huge profit out of it. Development in various other sectors like BPO, IT, ITES, , automobile-components, pharmaceuticals, chemicals, apparels, and jewelry which in turn attract more foreign investors.
