Tuesday 28 January 2014

The True Future of India Real Estate Market

Economics is based on a basic relation between demand and supply; it is a well known fact that when demand is more than the supply, the price of the commodity will have an increasing graph. The present scenario of real estate market in India is just the perfect example of this rule. The investment in the property business has increased at an annual growth rate of 30 percent making these properties even more costly. Over the last decade, it even touched the mark of 50 percent in many metropolitan and tier II cities of India.

Indian economy: A transformed and mightier rich power house for domestic market

The thing called property has disappeared from India or rather you can say that it has turned into a very rare commodity majorly due to the boom in BPO and IT sectors that have been growing gradually at a constantly high rate in all over India. These industries have given their employees a high paying job and even higher visions. Due to this people have been made aware of luxurious lifestyle which is a trend in the west. With money tinkling in their pocket, they are considering huge investment in the Property in India. They prefer the areas for investment which are full of modern amenities like educational institutes, specialized hospitals, fun parks, modern security facilities, swimming pool, delicious food courts, banks, studio apartments and many more other life changing facilities. Moreover the construction business is on the all time high and is still having a lot of scope to grow due to the ever growing demands of the huge population.

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