The construction and development segment is one of the fastest growing sectors of the Indian economy.
This segment is augmenting investors.
Even the real estate prices are augmenting fast, especially in metros and upcoming cities like Bhubaneswar, Kochi, Pune and Nasik.
This rapidly growing market is maturing day by day as large numbers of people are taking part in it.
Flying high on the wings of this booming sector, property in India has become a dream for every prospective investor looking forward to dig profits.
All are eying the Indian construction and development sector for a wide variety of reasons: * India is a growing economy with a continuous rise of 8 percent for last three years.
This growth has increased purchasing power of Indians and created demand for the reality sector.
* India is producing 2 million new graduates on an annual basis.
This necessitates a demand for 100 million square feet of office and industrial space.
* The global perception towards Indian is changing fast.
Presence of a large number of Fortune 500 and other major MNCs has created a feel good atmosphere in the Indian economy.
This positive change will attract more companies to initiate their operational bases in India and will create more demand for corporate space.
* For investment purpose, India is a safe destination.
According to a recent survey, 70 percent of foreign investors in India are making profits and another 12 percent are breaking even.
This statistics is powerful enough to attract more and more FDI in Indian reality sector.
* The relaxed FDI rules implemented by Govt.
of India last year has invited more foreign investors.
After the decision of 100% FDI in this sector, real estate in India is seemingly the most lucrative ground at present.
The revised policies are very much investor friendly and have allowed foreigners to own property.
Now government of India dropped the minimum size for housing estates built with foreign capital to 25 acres (10 hectares) from 100 acres (40 hectares).
* Apart from IT, ITES and Business Process Outsourcing (BPO) India has shown its immense expertise in sectors like chemicals, apparels, pharmaceuticals and jewelery.
In these sectors India can match the best in the world.
These positive attributes of India is definitely going to attract more foreign investors in the reality sector in near future.
This segment is augmenting investors.
Even the real estate prices are augmenting fast, especially in metros and upcoming cities like Bhubaneswar, Kochi, Pune and Nasik.
This rapidly growing market is maturing day by day as large numbers of people are taking part in it.
Flying high on the wings of this booming sector, property in India has become a dream for every prospective investor looking forward to dig profits.
All are eying the Indian construction and development sector for a wide variety of reasons: * India is a growing economy with a continuous rise of 8 percent for last three years.
This growth has increased purchasing power of Indians and created demand for the reality sector.
* India is producing 2 million new graduates on an annual basis.
This necessitates a demand for 100 million square feet of office and industrial space.
* The global perception towards Indian is changing fast.
Presence of a large number of Fortune 500 and other major MNCs has created a feel good atmosphere in the Indian economy.
This positive change will attract more companies to initiate their operational bases in India and will create more demand for corporate space.
* For investment purpose, India is a safe destination.
According to a recent survey, 70 percent of foreign investors in India are making profits and another 12 percent are breaking even.
This statistics is powerful enough to attract more and more FDI in Indian reality sector.
* The relaxed FDI rules implemented by Govt.
of India last year has invited more foreign investors.
After the decision of 100% FDI in this sector, real estate in India is seemingly the most lucrative ground at present.
The revised policies are very much investor friendly and have allowed foreigners to own property.
Now government of India dropped the minimum size for housing estates built with foreign capital to 25 acres (10 hectares) from 100 acres (40 hectares).
* Apart from IT, ITES and Business Process Outsourcing (BPO) India has shown its immense expertise in sectors like chemicals, apparels, pharmaceuticals and jewelery.
In these sectors India can match the best in the world.
These positive attributes of India is definitely going to attract more foreign investors in the reality sector in near future.
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