Buy Real Estate in India

If you're new here, you may want to subscribe to my RSS feed so you don't miss anything or Follow me on Twitter

The Indian real estate market is growing up rapidly, mainly in Pune, Delhi, Bangalore, Chandigarh, Haridwar, Hariyana and all the other big cities of India. Investing in India is safer than other countries, as the Indian economy is growing and survey shows that Indian economy growth rate is accelerating. Real estate agents and sellers are already showing their presence in the Indian real estate market and in the future hundreds of others are planning and ready to invest in this sector. In fact one Israeli Govt agency pegs the foreign direct investment in India to be 25% in real estate.

The Real estate sector is becoming one of the biggest growth sectors in India, as many others big companies and developers are launching their ideas soon in India due to its opportunities. Nowadays it is not very expensive to buy property in India. Many real estate experts believe that the demand of both type of properties (residential and commercial) will rise significantly in 2007. Indians mainly prefer bungalows and houses presently. Luxury apartments are also consider as an area of choice for investment nowadays. The traditional big family houses are now shifting tastes towards apartments or flats as they are known in India. They are also changing their thinking of luxury. They are upgrading themselves from traditional houses to apartments/flats with swimming pool, gym, parks etc. Its a fundamental shift.

Reasons to invest in Indian Real Estate:

• Shift from bungalow/houses to flats/apartments increasing the flat prices
• Population growth. Limited land/Buyer market growing
• Availability of debt is becoming more prevalent pushing up affordability
• Number of affluent growing. This demographic change is creating a large demand for luxury accomodations and flats in central city locations.
• Availability of pre-construction projects providing high returns before project completion.
• Foreign direct investment increasing
• Foreign investors buying up projects
• Foreign nationals of Indian origin buying property for retirement