Bearing fruits from the evolution of the real estate sector in India
Statistics unveil that this very industry had made a gross sum of $50 billion in the market in the year 2010. This proves the worthiness of its being in the scenario. Much of this has been possible because of the liberalized polices of the government, new technological innovations, and world class facilities in the hospitality and entertainment sector. Not only have the indigenous Indians shown their concern over this, rather the foreign investors are also playing their substantial interests. Â Thus, NRI investment in India has become the trend and is gaining momentum. Most susceptible are the NRIs who fall under the age group of 22-25 years motivated to compensate for their foreign studies.
Severe commercialization resulted from FMCG industry and IT sector have exaggerated the need and use of office space India. This has been facilitated by the economic prosperity, favorable interest rates, change of attitude among the youth and FDI regime. Moreover, the Indian government is giving a thrust to the FDI regime and NRI investment. Additionally the transparent property laws prevailing here also serve as the buoyant force to the real estate industry. Most of the people staying in the overseas countries are nostalgic or have the patriotic feelings. Such obsession and compulsion make them to do their comeback. By and large this very industry is no more in its infant stage and is clamoring for even higher revenue.
Now, the crazy builders have come up with luxury real estate India to fetch your hard earned money. The bungalows and the villas and the hotels all are equipped with ultra luxuries and modern amenities so that you are pampered and your staying is comfortable. Indeed the real estate industry has taken the plunge but it is all meant to make your choices over commercial and residences better. You might be a giant entrepreneur or a pathetic home seeker this giant industry has its realms spread across all verticals. Once that was in budding stage has unwind itself to serve all class of people.
The lands, the roads and the buildings every one of them has been touched by the explosive and growing industry. Today, it has become the pretext or the medium of calling the Indian origins back to their homes. This idea that once was coined is not only bringing the coins but also the people who once left the nation for one or some other reason back to their natives.