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News & Views on Indian Real Estate

Thursday, April 24, 2008

Indian real estate: 'enormous potential'

India has "enormous potential in all its property investment categories". Strong population growth, a large pool of qualified workers, greater integration with the world economy and increasing domestic and foreign investment are fuelling demand for office, retail and residential property. India’s burgeoning middle class will drive up nominal retail sales through 2010 by 10% p.a. At the same time, organised retail is becoming more important. At present organised retail accounts for a mere 3% of the total; by 2010 this share will already have reached 10%.India is the prime destination for IT services outsourcing. In the coming five years, at least 55 million m² of extra office space must be completed in the premium office segment alone. Property investments in India are not risk-free. Market transparency is far behind European or US standards. It is therefore vital for foreign investors to have a professional local partner. The lack of liquidity and upward pressure of pricing remain the main concern within the market.

Vikas Bamotra said...

At the heart of the boom in India is its real estate, which unlike Communist China`s, is privately owned. Real Estate prices in India have been growing at a rate of 30-40% for the last few years. Investment banks and Hedge Funds around the world have been investing more and more in the Indian Real estate, driving the prices higher. As per the Associated Chambers of Commerce and Industry of India (Assocham), the Indian realty sector is likely to see high growth rates in 2008. DLF, one of India`s premier Real Estate Development companies recently sold 49 % stake in its seven townships to Merrill Lynch and Brahma Investments to raise Four hundred twenty million dollar.

' said...

Buying real estate is something that requires time, patience and the right choices. From viewing to actually purchasing whichever of the homes for sale suits your needs, to selecting the very best realtor, choices are crucial.

As populations grow, new communities arise and homes become available, the world of real estate becomes more competitive. With this, the number of real estate agents also becomes greater and selecting the right realtor for your specific needs becomes the first step to securing your new piece of real estate.

One of the many things we are proud of is the quality of real estate and homes represented by each of the realtors you will find on our site. Properties and homes for sale may vary dramatically, but when you select one of the real estate agents recommended, the quality of each of the homes is guaranteed. Each piece of real estate you search will be available to view and one of the highly qualified realtors will be pleased to show you whatever suits you.

Real estate purchasing is one of the most important decisions that many people will ever make and that makes the quality of the real estate and professional abilities of the real estate agent equally important. Comfortable condos, quaint cottages, opulent mansions, family homes and pretty much every type of real estate you could be looking for, that is what our realtors are proud to showcase. Top quality real estate exhibited with a professional, friendly and well delivered style which sets our real estate agents streets ahead of the field in the ultra competitive world of real estate and realtors.

Rajani said...

As populations grow, new communities arise and homes become available, the world of real estate becomes more competitive. With this, the number of real estate agents also becomes greater and selecting the right realtor for your specific needs becomes the first step to securing your new piece of real estate.

Anonymous said...

That's a fact because in the development of the Real estate sector the prices are really high but when we see the construction part level the growth of that sector is totally depends on the technical level which type of construction are use in that development level which is to be the showing the growth of the Real estate.

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