Saturday, May 12, 2007

INDIAN REAL ESTATE MARKET


Indian real estate or property in India market is buoyant. And the market leaders are predicting phenomenal growth and foreign direct investment in this vast land of opportunities in coming years. India real estate is the best example of unity and religious tolerance therefore it's undoubtedly the best place to invest for earning huge dividends. India is always trying to offer the best in terms of Indian real estate investment by altering its FDI policies from time to time. The sole aim of this country is to provide best opportunity to everyone to flourish in their respective sphere.

With better infrastructure and availability of world class facilities, real estate in Indian prominent cities are the most sought after proposition. No wonder, this part of the globe is going to become the ultimate place for investment in contemporary retail, residential or commercial property in India.

For Indian real estate investment perspective, it has been observed that Mumbai, Delhi, Chennai, Bangalore, Kolkata, Hyderabad, Ahmedabad, Pune, Gurgaon, Chandigarh, and Jaipur are the most coveted and hot spots for residential & commercial property investments. A number of reputed builders such as DLF, Hiranandani, Raheja, Vatika group have already invested huge amount of money in Indian real estate development and due to the positive image of India, there has been a sudden spurt in foreign construction and housing groups taking up projects and buy property in India. Industry sources have indicated that the real-estate sector is set to see a capital infusion of more than US$7 billion next year of which as much as $5 billion has been committed by foreign investors.

The best part about Indian real estate is that it truly offers the best of both worlds. Its past heritage has the capacity to shape the future in a better way. India offers a vibrant market of youth and vigor as 54% of the country's population is below 25 years of age. It has great significance as these young people will work harder, earn more and demand more from the market and thereby sustaining growth in the long-term.

Demand for Indian real estate is skyrocketing and certainly this is the best time to buy property in India.

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