Thursday, July 5, 2007

PROPERTY IN INDIA

India is the world’s one of the hottest and best destinations for investors to buy property in India. One of the most proactive reasons for investor’s priority as such is due to its good and lucrative returns than the rest of the world. The residential & commercial property prices in India in the recent times have been quite exorbitant.
However, as traders panicked for alternate options, it did create a significant increase in property prices of commercial properties in the malls and other legally acclaimed retail outlets. Delhi’s Khan Market also been in the news recently for being the costliest retail locale in the world.
In the residential property segment in India, it has been known to have made the most astronomical transactions where properties sell for millions. This trend though most common in the posh localities is now moving towards earlier less significant places/ property in India. The rental values of residential properties in India like the apartments and independent houses are quite high. The corporate leasing and diplomats in India in major cities are in a way responsible for the price trend, as they opt for the high-end residential & commercial properties.
Commercial properties like the office spaces in particular are in much demand as every other company want to have their offices in India, as India has better edge over many other Countries in infrastructure, availability of professional work force and connectivity which has offered the best option to buy property in India.

No comments: