Real Estate India Offers Very Attractive Property Investment Opportunities
December 19th, 2009 by adminUndoubtedly, real estate India offers very attractive property investment opportunities for anyone interested in making real good money. This is due to the consistent appreciation of real estate properties in India for several years now, barring the recent slump in the wake of the global economic meltdown. But the recession has had only a temporary effect in the Indian economy. The real estate industry was in fact affected by the resultant slump, however. And, reportedly the doldrums in the market is tapering off and the industry is again becoming vibrant with talks and deals. As such, individual and institutional investors have begun to evince keen interest in real estate properties in India. As the slump has caused stagnation in the market, many prime properties are available at much less price than they would be available after a year.
From another angle also investment-wise real estate offers attractive opportunities in India. Among other investment options, stock and shares do not seem promising in the context of fluctuating sensex and volatile market conditions. Bank deposits and related investment options will not yield any lucrative returns in the context of inflation and declining currency value. There is yet another aspect which can inspire confidence in the mind of the property investors in India. Currently, the real estate scenario in India is undergoing a metamorphosis. In the new scenario new market equations are emerging due to the influence of sector-specific and macro-economic factors. Also, industry experts aver that the Indian property sector is going to be in an upswing in the coming years. The renowned property investment analyst, Jones Lang LaSalle opines: “economic recovery during CY 2010-11 is likely to reinvigorate the interest of foreign investors in India’s real estate market. We expect enhanced capital inflow in the real estate sector in the medium-to-long-term”.
There is yet another dimension to the fact that real estate Property India offers very attractive investment opportunities. In resonance with the foregone forecast as to the prospects of real estate investment in India, it would be logical to anticipate a quantum leap in the property sector in India in the coming future. The projected growth in the national income in the coming years will be directly linked to a resultant up-thrust in the property market. Further, owing to the increase in the pay-scale of Government employees, better paying corporate sector, foreign exchange through NRI manpower, an estimated 10 million residential units in the middle-income-level will be in need in India in the coming years. This aspect is very relevant when we analyze the scope of property investment in India.
Why to Buy Residential Property in India?
December 8th, 2009 by adminInvestors were confused as to why they should buy residential property in India. This was the case a few months ago. This confusion and dilemma all emanated form the fall out of the world economic meltdown. It its sweep, the financial downturn has had its toll in the property market in India also. Just as the stork market suffered setback and many lost their hard earned money, the real estate sector also met with misfortunes. This caused uncertainty in the industry and the investors became wary in their investment decisions. However, the scenario is undergoing a change for the better. Industry insiders speculate that buying property in India in the prime locations is going to yield good returns in the coming years. More so, to buy residential property in India, especially those for the middle-level income group with single or double room accommodation, is reportedly going to be a good investment opportunity.
It is the time to buy not only residential property but also commercial property in India. Industry veterans and investments analysts are savvy that the property market in India is gearing up for a quantum leap in the coming years. In the sweeping metamorphosis, macro-economic and sector-specific factor will act as catalysts. The widely acclaimed real estate consultant Jones Lang LaSalle avers, “economic recovery during CY 2010-11 is likely to reinvigorate the interest of foreign investors in India’s real estate market. We expect enhanced capital inflow in the real estate sector in the medium-to-long-term”. The assessment of the International Monetary Fund (IMF) concurs with the estimate of world economic analysts that in the coming phase, the advanced economies on an average are to contract by 3.8 per cent. In such a bleak background, the economies of India and China will stay as beacons of assurance with an average growth of 5.4 per cent. In such projected prospects, it makes sense to buy property in India.
There are other factors which make it sensible to buy residential property in India. There is a renewed interest in the residential property sector in India now. One of the reasons for this new trend is the unexpected and unseen aftermath of the recession. The recession inevitably brought down the property prices. This created a new interest in purchasing residential property because now property rates have become more affordable to middle income level people. Another reason is the revised pay scale for Government employees, higher pay and perks of private sector, etc. Owing to these multiple factors, there is an unprecedented demand for residential property in the lower and middle income group.
