Introduction
The Indian real estate
sector is today one of the fastest growing markets in the world and
has come a long way. Real estate in India is being recognized
as an infrastructure service that is accelerating the economic growth
engine of the country. The growing infrastructure requirement in
diverse sectors such as education, tourism, healthcare, etc. are
offering several investment opportunities for both domestic as well
as foreign investors.
Real estate has taken many steps forward and standing as
a flourishing sector today. Being a highly productive sector that is
not only contributing in GDP but also in employment generation. New
developments are taking place every year which is taking real estate
to new heights and simultaneously generating profits.
Government has played an
instrumental role in the development of the sector. With the
government trying to introduce developer and buyer friendly policies,
the outlook for the real estate sector in 2014 does look promising.
What is Driving the
Growth of this Skyrocketing Sector?
- Rapid Urbanization
- Easy Availability of finance
- Rising demand from MNC's
- Rapid growth of service sectors like IT/ITeS, BFSI and Telecom
Associating with real
estate industry provides:
- High Returns of Investment
Since the Real estate
deals in purchasing and selling of property or land in billions and
zillions. It offers good amount of profits for realtors.
- Dominant Opportunities
With the thriving economy
and favorable demographics the real estate industry presents the most
gainful offer for the ambitious entrepreneurs.
- High Profile Clientele
Entering into real estate
business gives you an exciting opportunity to deal with the
bureaucrats, elite, celebrities, VIP'S. Therefore, you can build
strong and healthy relationships with magnates by offering them the
best deal.
What Is Expected From
This Sector?
- Expected to touch US$ 180 Billion by 2020
- Expected to generate 7.6 Million in 2014
- Expected to witness major demand for office space in 2014
Its
a rewarding
business opportunity to
go for. Do share your plans to get indulged in this thriving
industry.
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