ot so long ago, property in 2005-06. Overall, it predicts
investment in India was not a rosy future for Real Estate
considered a lucrative investment in India.
business proposition. The
investors used to give a cold The primary factors that tilt the
shoulder to the real estate property investment equation in
investment in a developing India’s favor include –
country like India. With the
booming economy powered by the IT • Booming Indian economy. The GDP
revolution in the country, all growth rate is around 8% and
economic sectors of India promise increasingly showing signs of
great returns on investment northwards trend with the stated
intention of 10% growth rate.
The liberalized economy of India
offers tremendous potential in • Booming IT sector. Information
monetary terms. The Real Estate Technology has changed the global
sector is also reaping the definition of India. India has
benefits of overall good show by emerged as one of the global
the Indian economy. The India software leader. With the
Property Investment Review increase in spending power of
Quarter 4 2005 research report by Indians, the real estate market
Knight Frank predicts close to is just waiting to explode.
US$ 1.2 billion worth of real
estate investments by the Real • Booming economic policies. The
Estate Venture Capital Funds in progress of the nation by leaps
the next one year. The same and bounds is largely attributed
report estimated Real Estate to the ever improving,
markets to capture about 18-20% intelligent and forward-looking
of the total Foreign Direct economic policies adopted by the
Investment (FDI) coming to India successive governments during the
past 15 years. The FDI regime is living in India. And it has just
here to stay. FDI has the started to improve!
potential to change the face of
India if pursued in the right • Booming NRI investment. The
earnest. millions of NRIs are channeling
more and more money towards the
• Booming middle class. The growth of Indian infrastructure.
Indian middle class is estimated The restoration of the trust of
at more than 300 million – more NRI segment is seen as a big
than the entire population of US. achievement for India since they
Largely English-speaking Indian left India in search of better
middle class represent the future opportunities and are now finding
of Indian service sector. All their motherland lucrative for
this augurs well for the overall investments.
improvement in the standard of
About the Author:
Mark Steven is an associated editor to the website http://www.indianground.com . Indianground is dedicated to explain all your related queries for real estate India and India properties(http://www.indianground.com/india_properties.aspx), with the latest news updates. Your feedback and comments
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