The present century envisages a booming real estate market in India. Investing in property in India today is not only lucrative to the natives, but also a large volume of NRIs are taking considerable interest in it. No wonder, Indian real estate market is experiencing a rapid surge these days. For those who are looking for a lifetime investment, choosing the real estate sector of India always seems a viable option. Moreover, the changing economic scenario has opened up endless lucrative options. Be it a commercial property or a residential one, the entire scenario depicts a rosy picture, which has even more accentuated investment in this sector.
Following the liberalization policies adopted by the Indian government, the real estate sector of India is opened for the global investors on a gigantic scale. Despite the international competition that finds its way in the country, India has carved out a superior niche in the real estate investment. Studies reveal that the prospects of the real estate industry is so much increasing so that in the coming years a huge volume of foreign players will be looking to invest significantly in buying a property in India.
In recent times, residential property in India witnesses a thriving surge and its popularity in the real estate sector has even surpassed that of the commercial projects. The demand for homes is rapidly increasing with the economic prosperity in India and the studies reveal that this is not going to fade in any way in near future. Moreover, an exhaustive improvement in the infrastructure and seamless availability of high quality facilities has made residential Property in India even more alluring to the people worldwide. Needless to say, India is gradually emerging as a potential destination for foreign direct investment in the real estate segment, be it retail and commercial property or a residential one.
The real estate sector is exceptionally booming in the major metro cities as well as the other parts of India including Delhi, Mumbai, Hyderabad, Mumbai, Pune, Mumbai, Gurgaon, Kolkata and Ahmadabad. A number of big players of the real estate sectors are operating in the market, thus catering to the growing demands of the residential property in India. Some of the most high-end property projects by the reputed builders of the country are coming up in these major cities almost every day.
The flourishing residential property in India has attracted developers to venture into the development of a large scale projects that are featured with first class facilities and amenities. The growing real estate sector is attracting the NRIs on a large scale. However, the maximum level of participation is witnessed in the residential property in India. The growth of the IT, BPO and ITES sectors have contributed to it all the more. No wonder they have a cascading effect on all segments of Indian real estate market. In recent times, a significant investment in both commercial and residential properties is growing substantially. Owning a luxurious property in India featured with all the amenities is no more a dream.