Indian Real Estate Market

Real estate continues to be one of the most vibrant and profitable avenues to invest in the country. In almost all the markets, prices of residential real estate have appreciated in the last one year and real estate continues to be one of the most vibrant and profitable avenues to invest. Anuj Puri, the chairman and country head of global consultancy firm Jones Lang LaSalle India, says that investment in residential projects is currently the preferred route for investors, since the demand for homes in the metros and Tier II cities is virtually limitless. Commercial and retail spaces also present potentially lucrative investment propositions, especially in the larger cities, he says.  Belying the general perception of slowdown in the sector and economy, realty consultancy firm DTZ in a report says that India has seen a commercial investment transaction swell by over 600% in the fourth quarter (October-December 2011), as against the third quarter.  In almost all the markets, prices of r

The  real estate  boom in Gurgaon in the recent years has made the millennium city, the most preferred  destination  for  investment in terms of real estate . Past few years have shown considerable increase in the Gurgaon real estate development as a result, the millennium city has topped the list of best places to invest in the real estate of India.  Gurgaon, known as the  International city   of India is already on the way to provide an infrastructure that is in line with its image of a millennium city and thus the city looks promising when it comes to  real estate developmen t and investment. The city is lined up modern and new generation  sky scrapers .  Gurgaon has been bestowed with the best names in construction business. DLF, Unitech, Ansal, JMD, have dotted the landscape of Gurgaon with state of the art Residential and Commercial projects. DLF Phase I area has developed as a major corporate hub and one can see the mushroom growth of international style  commercial buil