Archive for July 2010
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Five Reasons to Invest in the Indian Property Market
0 Comments | Posted by Sagar in India Property Market
The growth that the Indian property market has seen in the past ten years is something to be talked about. Relaxation of government rules, lower interest rates, foreign direct investment and the entry of new mega builders and corporates has virtually changed the face of real estate in India. Today, when you invest in an Indian property, you get more than what you expect.
Take the case of residential properties. When you invest in one, you get the latest amenities, schools for your kids, movie halls, malls and many other state-of-the-at facilities and good security cover for your safety. What’s more, even if you plan to purchase anything in the Indian property market as a pure investment, you still stand to benefit as the real estate rates are almost always appreciating.
Here are some more reasons for you to invest in the ever growing Indian property market:
- The significance of the commercial and residential spaces is growing steadily in the Indian property market today. Gone are the days when Indian preferred the landlord system of living. Today, everyone wants their own home or office.
- Despite this double-digit growth, the Indian market is still not a mainstream market for investors. It is rather a market of consistence offering something new every time you look around. Therefore the prices of real estate are pretty reasonable and do not fluctuate a lot.
- The huge population of India only tends to expand the Indian property market. This makes space for more and more direct or indirect investments.
- The builders and redevelopers of India wisely select strategic locations and make it worthwhile to invest. Even if the real estate rates fall, they are bound to bounce back sooner rather than later.
- There are a lot of affordable options available in the Indian property market every time you look around.
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The Progress of the Indian Property Market
0 Comments | Posted by Sagar in Property In India
Being ranked as the one of the top three fastest growing areas of the Indian economy, the Indian property market sees new heights almost every day. Though this growth is seen as demand driven by many, government policies and Foreign Direct Investment also play major roles in this growth. Without the money coming in from foreign institutions and the generous policies of the Indian government which led to the recent boom in real estate, the Indian property market would still be in shambles.
This boom in the real estate market has started only recently, in the last ten years. This is mainly due to the growth in demand for both commercial as well as residential properties. This is mainly because of the nature of the Indian property market. It is almost wholly controlled by the end customers. Many reputed builders like the Lodha group, the Raheja Group and others invested in providing the best in class properties with every amenity that the human mind would desire.
Another reason for this tremendous growth is the change in real estate policy and the interest rate reductions which were brought about by the NDA government in the year 2001. When the government cut down the interest rates to a then phenomenal figure of 7.5%, the market literally went into overdrive. Demand saw an increase and so did supply. Many people thought of buying homes for themselves as well as an investment option. Housing redevelopment schemes which were initiated by many builders was seen leading the sudden surge in the Indian Property Market.
Today, even the government invests in creating better real estate. With a growing number of slum rehabilitation schemes, the market is set to see double digit growth for at least the next twenty five years. Every few years the government announces new properties for sale through housing boards. And this adds to the investment prospects of the Indian property market.
The numbers of options for investing in the Indian property market are virtually countless today. Everywhere in the country, be it metros, two tier towns or three tier towns, real estate is one sector that’s booming everywhere. As per current estimates, the Indian property market will grow at a steady speed of thirty percent per annum. This growth will be more due to the residential properties as compared to commercial estates. Also, one important factor over here is that the commercial high rises will rake in more money than the residential entities as the demand for commercial properties is rising faster than the residential ones. The Indian property market today boasts of a very wide range of products and has something for every income group and every utility, irrespective of whether it is commercial or residential.
Today, as the prices in metropolitan cities have sky-rocketed, many people have started investing smaller towns which are seeing a sudden surge in commercial properties and even shopping malls and residential entities. Towns such as Mohali, Chandigarh, Ahmedabad Surat, Hoogli etc are witnessing large scale developments in each and every sector of the real estate development.
Speaking of metros and satellite townships, though high end properties like NCR in Delhi, Lavassa and Sahara’s Amby Valley in Maharashtra have dominated the scene, it is only fair to give some attention to the development happening within the cities. Mumbai’s suburbs have seen more malls develop in the last five years than the entire country has seen in fifteen. So has Greater Noida in Delhi. Hyderabad’s High-Tech City is an infrastructural marvel as is Bangalore’s Silicon Valley.
All in all, investing in the Indian property market is one of the safest bets today. Even when the economic recession had struck the entire world and almost shattered the real estate markets in many developed nations the Indian market was still going strong.
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An Overview of the Indian Property Market
0 Comments | Posted by Sagar in India Property Market
The Indian property market has been one that is looked up to by many institutions. Someone has rightly said, “The affordable pricing of homes and commercial real estate, makes the Indian property market a very viable option to invest in.” here are some more details about the real estate in India.
The real estate market is known to provide the best faciliaties and amenities to everyone who invests here. Also, thanks to the steady rise in the Indian property market, making good money is easy in the Indian property market. Though the market has seen major fluctuations and downfalls, especially during the recent global recession, it still remains a sought after investment option for many.
As of today, the growth of the Indian property market has slowed down due to stagnant conditions it will continue to grow at the present rate for quite some time now. New projects are constantly being undertaken by big as well as small builders. And another interesting factor is that new individual as well as institutional investors are making entries into the market every day. Many foreign investors look at the Indian property market as an emerging sector and have shown a very keen interest in the same.
The recent slum redevelopment program undertaken by the central as well as the various state governments is said to give a boost to the market. For instance, the Maharashtra government is planning to redevelop the entire Dharavi slum which is known to be the biggest slum in Asia, and make it into a sprawling estate complete with all the latest facilities, malls and movie halls for its current residents as well as new entrants who chose to stay there. If this project is successful, there is expected be a bigger boom in the Indian property market which will overshadow the last one.
