The real estate India business is estimated to be of over Rs 675 billion and growing at the rate of 30% a year. In the next 10 years, it is estimated to witness a gigantic rise Rs 4725 billion.
With the demand fundamentals displaying unusual strength, a majority of corporates have forayed into the dispute, each jostling hard to make hard cash. The matter that is in high discussions with the Government sees a hope that it may allow mutual funds to pump in Indian real estate market.
The real estate India industry has been largely contributing to the GDP. Its share has shot up from 5.25% in 2002-03 to 7% in 2004-05. The market is large and demand driven. It has been making appreciations in value over the years.
Investing in real estate India mutual funds has become a common concept in the US and Europe. The US Government has always wanted to broaden the space for real estate investments and reach to small investors.
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