The Importance of Real Estate in India
- As mentioned earlier, the real estate in India is one of the
major revenue generating sectors with the growth and the
depreciation of this sector which influences the economy. Owning a
property in India is one of the greatest assets and is one of the
most profitable investments in India. There are very less chances
of a loss as the real estate growth graph is escalating day by
Factors responsible for the rapid growth of real estate in
- The steady expansion and the development of the IT sectors in
India have played a major role in the development of the real
estate sector. The constant expansion of the IT sectors; MNC and
corporate firms have given way for the growth of the real-estate
sector particularly in the commercial sector. Apparently all these
factors have also provided better employment opportunities to the
people of India.
- The adoption of the Foreign Direct Investment (FDI) policy is
another factor responsible for the growth of real estate sector. As
mentioned earlier, the FDI policy has resulted in the arrival of
foreign investors in the Indian real estate market. The initiation
of the foreign investors will lead to an efficient management and
use of more advanced technology.
- The easy access to the bank loans has resulted in easy property
investment. There are various national and multinational banks in
India which offer easy property loans; naturally this makes it easy
for the property buyers even from the middle-class society.
- The growth of the Indian economy is one of the fastest all over
the world. This factor directly influences the real-estate sector
of India. Major cities like Delhi NCR, Mumbai, Hyderabad, Chennai,
Bangalore, Pune and Kolkata are greatly affected by the growth of
The NRI real estate trends in
Apart from just the increase of the Indian investors, there are
also various NRI real estate investors. India which considers
property investment as a real asset has changed the definition. The
realtors have portrayed the property investment as an element of
lifestyle and a splurge of luxurious apartments with beautiful
commercial complexes and extraordinary retail ventures. This in
turn has attracted the NRI potential property buyers. There is an
increase in the number of NRI property buyers in India who are
planning to settle down in India as well. Ever since the real
estate sector underwent a rapid upsurge, people from various
countries have been relocating here. As mentioned earlier, the
implying of FDI is one of the major reasons.
Why should one invest in Indian real
- The ever growing economy, increasing purchase power of people
and demand for real estate sector.
- Demand for 100 million square feet for offices and industrial
space. Presence of large number of renowned companies and a demand
for office space.
- Real estate in India creates huge returns. Also most NRIs are
making a huge profit out of it.
- Development in various other sectors like IT, ITES, BPO,
auto-components, chemicals, apparels,pharmaceuticals and jewellery
which in turn attract more foreign investors.