Big Bytes

Indian Real Estate Market and Trends

Most view the real estate scene in India with intense optimism. A few, however, tend to be more sceptical – they see the rainbow as a mirage; and the pot of gold as a false promise. However, the arrival of the Modi administration with its business-friendly stance has done much to boost the Indian real estate sector. Many initiatives like building on real estate investment trusts have attracted huge chunks of foreign investment. Although the real estate sector welcomes foreign investment, it is in no way dependent on it and is perfectly capable of flourishing on its own. Real estate developers in India offer many schemes like possession-linked plans in which 70-75% of the price is paid only after possession, which is really a steal.
The steaming debate at the moment is whether or not India is engulfed by the dreaded “property bubble”. This term has acquired a chilling reputation after the devastation dealt out by the recent recession – a blow from which the world has yet to recover. A property bubble, simply put, is a phenomenon identified by swift and steep increases in real estate valuations, followed by an abrupt and deep descent. The Great Recession saw the “popping” of property bubbles all over the world.
There are claims that the Indian real estate market has been in the “bubble state” since 2008. But the market has seen an ascending graph for the past 10 years and a bubble is only a temporary disturbance. In fact, supply trails demand by roughly 5 years in the Indian real estate sector. There is a deficit of decent residential space in most major Indian cities, which ensures that there is enough demand for a decade to expect price increases of 10-15% over 5 years.
In conclusion, it is a great time to invest in Indian real estate – the conditions are ripe for a period of great prosperity and growth.

Leave a Reply

You may also like:

Generic

CREDAI Hyderabad checks into a new Office

The new office to have dedicated space to focus on Skill Development for members and their technical and marketing work force for enhancing efficiency & effectiveness. Hyderabad 28th May 2017 – CREDAI Hyderabad formally announced the launch of their New Office at Lumbini Mall, Road No 2, Banjara Hills . The new premises was inaugurated by Sri Etela […]

Read More
Generic

3 BHK Apartments in Velacherry, Perungudi, Chennai

Falling Waters, luxury apartments is the newest project in Perungudi, OMR. This project consists 2, 3 and 4BHK apartments ranging from 1434 sq.ft to 3365 sq.ft, giving a spacious home. The terrace gardens, auditorium, mini theatre, gymnasium and infinity swimming pool are the highlights of Fallling Waters. Phone: 81445 99599 / 95001 21234 Address: Falling […]

Read More
Generic

Gated Communities in Bangalore

Gated Community Development Gated Community Development is a relatively recent concept in real estate usage. Its name owe its origin to the integrated housing colonies which are surrounded by perimeter fencing and with watch and ward personnel manning the gates and regulating the entry and exit of outside visitors with no place for the visitors […]

Read More