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Real Estate Property Market in India

March 19 2012   |   Proptiger
India is a developing economy. It is the second fastest developing country after China. India has shown a marvellous growth after its independence, specially in the last decade. The reputation of India has become more influencing.World nations and business groups are looking forward to have business pact with us. Recently signed Defence deals with Presidents of US & France and with the PM of Israel and Japan, Uranium deal with France and Canada, Cultural gathering with Russia, France, Poland, Italy, Switzerland, Nepal, Bangladesh etc, Deals of Trade, Education, Telecom, Real Estate, Cultural Activities with SAARC, BRIC and other group pf Nations can be seen as the examples of India's influence on the foreign countries. Governments of the countries and the small or medium or large business owners as well are in an eye for business investments in India. Real Estate market in India is rising and is at its peak due to India's this remarkable growth. The Governments and business units' investment need a place to invest and reside. To meet their 'real' demand, various real estate companies and developers are ready with their residential and commercial projects. Not only this India has been the most success attracting more private investment in infrastructure. Many international organisations such World Bank, Asian Development Bank, various arms of United Nations are giving aid to India for developments in various aspects.  Catching all the actions, India is developing its infrastructure by public expenditure or by PPP scheme or only the private companies. Real Estate Companies/builders/contractors etc, across India are having no stones left unturned to offer best architectural apartments/flats/plots to the people. They are acquiring lands from farmers and setting up their residential and commercial projects. Some multinational real estate companies too, have a presence in India with their dream projects. They offer handsome facilities, features and amenities at cheapest possible rates to attract people to buy their product because offering real estate properties to the people of India, is not an easy task. To name some of these we can say they offer  parking, Parks and Amusements, Generators back up for common area and lift, Swimming Pool, Spa, Gym etc. Their city planners/architects choose the best location by their vision and strategy and start the master plan. They generally open the bookings for their apartments/flats/townships during the period it is being built for the ease of buyers. Although they give the possessions to their respective apartments after a few time gap but during this time period they develop their project more beautifully and buyer friendly. Thus we can  say that development needs time, at least some time to get properly developed.



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