The development in the real estate sector has helped to contribute significantly in the gross domestic product (GDP) of the nation and is believed to be the second major sector that has been offering services to the residents of the nation.
Currently Indian real estate sector is not crossing through its best of times. But for zealous investors the sluggishness in the sector could be an excuse to buy property when the number of enthusiastic investors is continuously declining.
In this article, we are trying to give the overview of real estate sector in India.
Chennai is one of the most prominent metro cities of India. The real estate sector in Chennai has remained somewhat unaffected by the blow experienced by the real estate sector of the other parts of the country.
Real estate has always been a much ideal investment sector due to the supernatant nature of the sector. And ready to move in property in Noida is the hottest thing in the real estate sector; demand for ready to move in flats in Noida is growing as homebuyers are becoming even more wary about the viability of a under construction project. If we compare the price range between ready to move in apartments under construction apartments and about six months ago was 20%, it has increased to 35% today. Buyers are investing money in in real estate as it is the real time investment thing.
The Real Estate industry in India is slated to grow to $180 Billion by 2020. The government’s impetus to boost urban development and infrastructure has further enhanced the growth of the real estate and ancillary services sector. The government aspires to add 25 million homes and 40 million dwelling units by 2022, as well as develop 100 smart cities under the Smart City Mission. The introduction of REITs (Real Estate Investment Trusts) is also a key initiative, which will further drive investment and improved best practices in this sector.
The information technology has revolutionized the way real estate business is done. Read the most important benefits of erp in real sector.
Dubai real estate is one of the most sophisticated real estate markets of the world. Every year more and more investments are pouring in from across the world with the single point agenda of making more and more profit. While going to invest in Dubai properties, you can be sure of getting your money back within no time as Dubai is pacing in real estate sector with a rocket speed. The real estate industry of Dubai is expected to get double in the next decade making it the single largest sector of United Arab Emirates after energy resources.
The Canada real estate business sector shows a vast and untapped opening to the prospective guru both for shorter terms and in addition the lifelong. The business is still not immersed and is developing at a sound rate which is in sharp differentiate to the US business sector.
2012 is credited as a year of optimism as it brought many good news for Dubai real estate sector. However, the growth has divided experts into two groups; one of which believe in that 2013 will prove to be as dynamic as 2012 was while the rest say that pace of growth will be slowed down. The following article will help readers to separate facts from fiction about the recovery of Dubai real estate sector.
In terms of highest payback amount, the real estate sector is the most prominent industry that gives good return to its investors. However there are certain thing and rules an investor must keep in mind and is supposed to be acquainting with. The rate of return on investment in the real estate is also the highest as compared to other investment options. These other options are less attractive not only because they have lower money return but also the fact that they are riskier investments in relation to the investment in the real estate sector.
Real estate is a determining factor in the world economy today. The growth of many economies has been evaluated with the growth in the real estate sector of that economy. Real estate is described as property which is fixed or immovable.
The real estate market today is becoming more aggressive and organised. The sector is opening up to foreign direct investment and private equity funds like any other sector in the economy, and this will push it towards more institutionalisation and organisation.
Indian real estate sector is open for 100% Foreign Direct Investment now and this gives immense opportunity to this sector to grow and reach a height, which matches the international standards.
So you have earned enough money from your job and now looking to invest it in a profitable sector? If this is in your mind, India must be at priority and real estate should be the most sought after investment sector.