The Indian real estate sector ranks second greatest employment provider in the country. This contributes to the national income and Gross Domestic
Product . It is expected that there will be an average increase
of 10% annually in these aspects.
- The fact about Indian real estate is India property market will be in an upswing from the last quarter of 2009 and over the next 5 years and the industry will attract up to US $ 12.11 billion investment. Again, an estimably 150 square feet of office space will be acquired by the IT and ITES sector alone. Another great procurer of office spaces will be the organized retail marketing sector.
- The fact about the indian real estate India is that in the construction industry Indian companies makes double profitable for their projects when compared to US counterparts. Indian companies are makes an average of 18 % profit in the real estate business .
- Another fact is that FIIs(foreign institutional investors) are very much confident in investing in Indian real estate and the there has been 400% increase in the past 1 year.
India scores much economic development in real estate market sectors when compared to other developing countries.Investors found that purchasing land in India is a trust worthy in investing . The housing and commercial properties have reached the height of sky.The new concept housing residences have come up for sale in the country.The investors are interested more in cities which have latest infrastructural offerings like Mumbai, Kolkata, Chennai, New Delhi, and Bangalore.
There are many reasons that owe the success of Indian real estate market. All these factors led the other nations to invest in india to see the exponential growth in the indian market.
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