Indian Real Estate Watch
Are you keeping a watch on Real Estate India?
The awe and wonder of Real Estate in India lies in its flexible nature and its value appreciation over time. Events and phenonemena sweeping at the industry are pushing the limits of people's aspirations, concept of good living, contemporary working style and recreation, their risk appetite, and money they can commit for high quality construction and smartly done up space.
The prime drivers of change in Indian real estate have been initiated by path breaking policies like relaxation in FDI policies by the Government of India. It is mainly combined with strong economic growth, reforms and policies that lure global investors, easy terms of repaying home loans, rising income levels and urbanization.
As the biggest part of one's investment portfolio, the idea of capitalizing on existing property has been taken to stunning heights. Whether it is a retail space in a commercially viable land or the neighborhood that has stable income/rent potential as investment property; the Indian real estate market is now offering the best bet on property.
Moreover, the market is also opening up as the viable investment option for the NRIs who vouch to return to India. The asset that your second home is, your vacation home/retreat, the space that has lease appeal in retail or just the office space; most cities of India are poised for this and more.
There is also a progressive feel to Tier II cities like Gurgaon, Noida, Faridabad, Bangalore, Hyderabad, Pune, Jaipur, Kochi and Chandigarh apart from the outstanding metros of Delhi, Mumbai, Bangalore and Chennai.
Each city has its own distinct advantages that can give a direction to the real estate activity. There is a constant striving for better infrastructure, transparency, quality of life. The same is making inroads into those towns and cities which are closely following in the heels of these cities making then the 'investment cities of India'.
Watch this space as we keep you connected with the Indian Real Estate Watch!!!