Investment in housing and property in India is beset with many uncertainties in the prevailing real estate scenario. The investment and transaction decisions in this sector are characterized by uncertainties due to low level of disclosures and information.
Investment in property in India has always been known as lucrative, but due to lack of transparency in the property markets for proper valuation, potential investors exercise caution before taking the plunge. Property in India also requires a huge amount of investible capital; hence professionalism would help bringing in confidence among players.
Discipline and better governance of property in India would go a long way in a sector facing challenges from legal, taxation and other regulatory issues like the property tax and stamp duty structure, which create high cost of transactions.
Improving the confidence level of both investors and consumers by bringing in fair practices through self-regulation and ultimately catalysing the growth of this sector is of primary importance. Promoting healthy ethics in property in India and facilitating its orderly growth has become a major concern in the market.
Investment in property in India also entails proficiently handling the whole process from property selection to home finance, attaining a right mix of properties in your portfolio as well as knowing when to exit from your investment. For a property consultant in India is important to establish trust amongst his clientele as a capable manager of their money by ensuring transparency and honesty in all the transactions.
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