The real estate is thriving in most of the Indian cities with many lucrative propositions of investment. The buyers are flocking the Indian realty market not only from the country but there are many foreign investors too. In fact the foreign investment has increased in the realty market to a great extent. The primary reason for this is the relaxation of FDI norms and easy loan availability.
The phase of recession is responsible for the present boom to some extent. The market slump during recession had very few buyers or sellers incurring huge loss to the developers and builders and cancellation of projects.
The triggered market depression was to be compensated with good property sale of the commercial and residential projects launched by the developers. Therefore the realty developers plan to launch affordable projects to target the majority customers of low and middle income groups. The affordable projects thus launched have initiated a good response of buyers for the developers. There are many cheaper projects coming up in Indian cities to draw a large number of buyers.
The rising growth of real estate market is having a very positive impact on the infrastructural development of the Indian cities. The commercial and residential projects launched are simultaneously causing growth of the facilities such as roads, transport, electricity etc. for the establishment of the commercials and housing. NCR cities such as Gurgaon, Noida, Faridabad and Ghaziabad are a perfect example of growing realty market with its impact on the infrastructural development.
The real estate market of commercial and residential properties is witnessing tremendous growth currently. The growth can be owed to the rising industrialization of the country. Many capitalists have invested in real estate to set up industries. Such market players include many foreign investors too.
There are many IT, ITES, Automobiles, telecom, aviation industries coming up in leading Indian cities. The establishment of such industries has escalated the demand of commercial properties or business centers.
Many commercial centers are available in the leading cities as launched by the realty giants such as DLF, Unitech, Ansals, Emar MGF etc. Such spaces can be purchased and are also available on rent.
Mukesh Kumar is well known author has written article on real estate real estate business hotel & travel, business and many other subjects.