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If your are taking antacids as treatment for heartburn pain, you are not in sync with your stomach. If the antacids are working then you already have one important piece of information - you have an acid/alkaline imbalance. ...
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New Today: 28 Last 30 Days: 389 Total Published: 9,502 Total Pending: 187 Contributing Authors: 2,813 Article Views: 5,570,080
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Articles » Finance » Real Estate » Real Estate – The Big Indian Boom
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- Article Views: 2058
- Word Count: 411
- Date Contributed: Jun 30, 2006
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| Real Estate – The Big Indian Boom |
Unlike the volatile stock market the Indian real estate market sector continues to boom. Real estate would today be the most profitable investment. It’s more lucrative and the returns are much higher than investing in stock market or mutual funds. The returns are as high as 17% or even more on an average.
Since the liberalization days of 1981 the Indian economy has been growing upwards. India has today emerged as the 10th largest economy in the world and 3rd largest economy in Asia... Definitely a potential destination for FDI and
NRI investments .
The year 2003 has been one of the best years for Indian real estate industry. Apart from the entry of a number of BPO companies and IT companies, a number of companies began to expand their facilities – the campus culture had taken off in a big way therefore acquiring huge acres of land and employing hundreds and thousands of people. Bombay, Bangalore, Delhi and the NCR’s like Gurgaon and Noida, Pune, Hyderabad
and many non metro cities emerged as attractive destinations giving a boost to the real estate industry.
Manufacturing and service industry have also become a major driving force for the Indian economy. The manufacturing industry has also seen premiere automobile and appliance manufacturers from around the world setting up their operations in India.
The focus on big international projects like airport expansion, hotels, hospitals, corporate parks
, etc., will surely lure the venture capitalists and NRIs in a major way.
Demand for the retail industry is also growing. With FDI pouring in, that means with influx of global brands in clothing and lifestyle store, restaurants, beverage chains, entertainment and leisure complexes the real estate scenario in India only seems to be getting bigger and better.
The Indian government in a major decision has allowed FDI in construction and development in vital infrastructure sector and also reduce holding limit from 100 acres to 25 acres.
The government making some fundamental changes in its policies and trying to woo NRIs to attract money flow in the country will only help the real estate industry more. It seems that tomorrow will only be better.
About The Author:
By Suraj Kumar Singh is providing consultancy for Real Estate India Services since 1997. He has gain proficiency in issues like real estate India, NRI and FDI for http://www.indianground.com/
Feedback and queries are welcome at kumarsingh.suraj@gmail.com
Article Source: UnArchived Articles
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