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Wednesday, 20 July 2016
Tuesday, 5 July 2016
The Real Estate Sector in India
The Indian Real estate sector is very huge sector especially
residential, commercial and industrial etc. The investment in the
real estate sector in India is the primary thing for long time
investment for great profit. Now people are purchasing the flats,
plots and any other property on EMI. Now most of the banks offering
home loan in less interest rate. So people are purchasing the flats
and property easily. People are now giving their flats on rent for
easily paying the EMI's of banks. There are many real estates companies in India who provides many offers and
discounts to the clients to sell their property.
Real estate sector is the major growing sector due to high purchasing
power. Delhi is the high demanding are for purchasing the real estate
property. Mumbai and Bangalore are one of the best cities in India
where property rates are at any time high. And there are 40 percent
increment in the property price per annum in many locations. Due to
IT companies in Bangalore and Chennai, there are increasing the prices
of property. Due to these reason there are increasing prices for the
apartments in Bangalore. Due to these reasons
many real estates companies giving offers to their customers to
increase there business.
Before purchasing the property, first ensure that it is located near
about most important facilities such as schools, hospitals, park and
the market. And also look at the most important things like water
supply, electricity, and the roads. If there is near about bus stop,
railway station or airport then it will also good thing. Apart from
the metropolitan are, small cities also have boom in the real estate
sector in India. The real estate sector in India and the Indian
property has play a most important role in the economy of India. Real
estate sector is the second largest employment factor after
agriculture sector. The Indian real estate sector attracts not only Indians but also attracts NRI's.
The demand for the properties in both like residential and commercial
sector in the metropolitan areas like Mumbai, Delhi and Chennai is
high and price is also has very high as per area. Foreigners are also
investing their money in the Indian real estate sector because of
boom in the real estate sector.
The investment in the real estate sector is the highly profitable
because FDI policies in India are more attractive in Indian
economies.
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