Real Estate Sector
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.
The information technology has revolutionized the way real estate business is done. Read the most important benefits of erp in real sector.
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.
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.
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.
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.
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.
Real estate loan is what a lot of people use to buy their home. Real estate loans have been instrumental in bringing joy to people by making that unaffordable house affordable. Some real estate investors too make use of real estate loans for buying properties. However, real estate loan is not free money and anyone who buys real estate or plans to buy real estate using real estate loan must understand the concept of real estate loan very clearly.
In this article, we are trying to give the overview of real estate sector in India.
The Real Estate Management Institute - REMI is a leading institute that provides real estate certification programs, executive courses and industry workshops. REMI has been established with a vision to ‘Skill India to Build India’ to bridge the growing skill gap in the real estate sector. REMI provides an international curriculum that trains students and professionals on global best practices through the collaboration with IREMŽ- The Institute of Real Estate Management, USA- a global leader in providing real estate education.
In the last few years, Gurgaon emerged as the hot real estate investment destination. The city is considered as one of the most important industrial and financial hubs of India which also impacted the city’s real estate in a positive way. Moreover, the capital of India - Delhi is not being able to provide ample space for residential development, this resulted in the expansion of residential areas in Real Estate Gurgaon like Sector 102.
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.
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 often termed as the safest investment avenue. In fact, real estate investments done with proper evaluation of the property (and its true value), can lead to good profits. This is one reason why some people pursue real estate investment as their full time job. The talks of real estate are generally focussed towards residential real estate; commercial real estate seems to take a back seat. However, commercial real estate too is a good option for investing in real estate.