Real Estate India is one of the main theme of diversification for national and multinational investors with particular emphasis of buying residential & industrial properties in Delhi & N.C.R.
India Property
Real Estate India is one of the main theme of diversification for national and multinational investors with particular emphasis of buying residential & industrial properties in Delhi & N.C.R. The main reason behind this logic is that the economy of India has achieved a sustained growth and further progressing day by day in all fields i.e. industrial production, information technology, agriculture, real estate, travel and tourism etc. On top of it, the big businessmen of India have given a catalytic effect to its economy by purchasing big industries through out the world in recent past in the field of steel, aluminum, I.T. and other various sectors.
Since property in India is becoming a heaven for safe investments, FDI has increased by 100% within two years comprising major share in real estate and infrastructure. Moreover, the country is trying to successfully host the common wealth games in 2010 and cricket world cup tournament in 2011. There is dire need to emphasize the development of real estate and tourism related infrastructure in Delhi & N.C.R to face the national and multinational influx in the coming years, as there will be great need of habitation unit as well as travel and tourism sector. In addition, Delhi has begun the process to bid for the Asian games in 2014.
The Essel Group shall develop 45 entertainment centers in smaller cities across the country. To be developed under E. City ventures, the project size is $ 453 million and the company will raise $ 145 million through F11 placement. In addition, zoom motels is in pact for 11 budget hotels in association with IRCTC with an investment of Rs.350.00 cores.
Real Estate India market News reported that nine key trends were depicted which will shape the business landscape of the Indian real estate in another 3-5 years:
