Indian economy is has never had a brighter period. Markets are booming and the industry is doing great. The direct relationship between economy and infrastructure development is a well-known fact. A thriving economy naturally means more business, more business automatically means more offices, more employees, more residences for the employees, more roads, more bridges, and so on. This trend is most sharply seen in urban development in India. Consider the rapid expansion of erstwhile sleepy suburbs of Indian cities like New Delhi, Mumbai, Bangalore, Hyderabad, etc. Smaller cities like Bhopal, Nagpur, Ranchi, etc. have also enjoyed a high degree of growth under such circumstances.
Real estate prices also enjoy rapid appreciation in such conditions. New Delhi and the entire NCR region, for example, has seen a huge jump in real estate prices, both residential and commercial, in the last few years. In areas where property values have risen very conservatively in several decades, have now appreciated drastically. Real Estate development companies have reaped the benefits of this trend. Today, there can be no arguments about the fact that real estate development is one of the most profitable industries; and, the opportunities are boundless.
There has never been a better time to invest in real estate. Whether it is companies or individuals or investment funds, real estate is high on everyone’s investment portfolio. Several large real estate development companies have or plan to go public, and the equity they have or are expected to raise has set records in the market. Consider the example of DLF Universal Ltd., a top real estate development firm in India, is expected to raise between $3-3.5 billion in its IPO, which is estimated to be the largest in India. DLF, already a very fast growing company, wishes to continue growing substantially, and IPO is the perfect choice for raising funds.
Recent years have also seen a sharp rise in Foreign Direct Investment in India, especially in Real estate. NRI investment in real estate has also increased, in a large part thanks to India’s burgeoning real estate development industry. India’s real estate market is still rather disorganized and fragmented, but the high returns have attracted investors on a global scale. Merrill Lynch predicts that India’s real estate market which is valued at around $12 billion, will grow at an average annual rate of 30% and shoot to $90 billion in 10 years or so.
With high returns and rapid growth, India’s Real Estate market is hotter than ever before, and is attracting investment from all over the world. It is certainly an industry to watch out for!
About Author:
Mark Satie is an associated editor to the website http://www.indianground.com . Indianground is dedicated to explain all your related queries for real estate India and India properties, with the latest news updates. Your feedback and comments will be highly appreciated at “propertyinindia@gmail.com”.
Article Source: UnArchived Articles
|
