Indian Real Estate Market

The real estate industry in India offers promising and exciting investment opportunities. Supported by robust fundamentals, the country’s economy is on track to achieve a soaring growth trajectory. As a result, the country is expected to witness an urban transformation that will see many cities outgrow some countries in terms of population and GDP growth.  It is this transformation that is fuelling an increased demand in the sector and driving the industry to grow. Real estate as an asset class is gaining preference among investors although traditional investment class like stocks and bonds do hold their position. Investors with a longterm horizon should consider it as an important asset class and make this an integral part of their portfolio. Because unlike other asset classes which are more prone to short-term fluctuations, real estate being a medium to long- term investment, it minimises the risk of shortterm fluctuations and also is less volatile in nature. Real estate is ...

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, pr...

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 m...

It’s been said that the future lies in building and living in inclusive cities, integrated townships and self-sustaining environments. And this is what would lead to a lot of new trends, technologies, regulations for the realty sector in the coming year. Hope remains afloat in the form that after a spate of interest hikes in home loan rates by Reserve Bank of India (RBI) last year, 2012 would not witness any further drastic rise. “It’s important for the economy to break free of the vicious impact of inflationary pressures and countermeasures taken by the RBI. Home loan rates need to ease out, and the home buyers should feel assured of a stable equated monthly installments (EMI) outflow,” says Manoj John, Vice-President, Corporate Planning and Strategy, RNA Corp. Similarly, Dhaval Ajmera, Director, Ajmera Realty and Infra India, points out that it’s fortunate that this time the RBI has not increased the repo rate. “We expect the home loan rate should come down at an affordable limit,”...

Builders will have to register themselves before launching housing projects, stick to the approved plans and refund money to homebuyers in case they default, after the government brings in a new law aimed at bringing in more accountability and transparency in land and home transactions. The Real Estate (Regulation and Development) Bill, 2011, which is expected to be tabled in Parliament during the upcoming winter session, will also pave the way for the setting up of the Real Estate Regulatory Authority, an industry watchdog that will keep a lease on land sharks and fly-by-night operators. Union minister for housing and urban poverty alleviation, Kumari Selja, on Friday unveiled a new draft bill for public consultation. The draft has also recommended that builders set up a separate escrow account to compulsorily deposit 70% of the funds received from buyers and to ensure that these funds are used for that real estate project only. An earlier draft had proposed that the developers wo...

     The proposed Real Estate Regulation Bill will bring more transparency into real estate industry and from a buyer's or investor's point of view, it provides for sufficient safeguards. Disclosure of detailed information about projects will create awareness and curtail pre-launch hoopla.      The draft proposes a two-tier grievance red-ressal system, a state regulator and an appellate tribunal at the Centre. At present, the only option open to buyers is to move the civil courts, a time consuming process.      However, builders say the bill does not provide any protection to them in case buyers default or create unnecessary litigations in a court of law. So, the central-level regulatory authority should have an arbitrator's power and a stakeholder should first approach this authority before going for any litigation against anyone, real estate developers and builders say.      The bill is set to be brought before Parliamen...

The real estate sector in India is on a growth path. The development in the real estate market encompasses growth in both commercial and residential spheres. The Indian economy is booming with an annual GDP growth rate of 8.5- 9% creating a class of potential investors with significant disposable income. As housing remains a concern in major metro cities, sufficient demand generators for residential units are there for the next decade and expect prices to rise 10-15% in India in next five years. The Indian Property Market has been growing fast since March 2005, when the current   UPA   government decided to open   FDI   in Real Estate. Further, it has been estimated that there would be huge shortage houses in next 7-10 years, which provides a big investment opportunity. The popularity of the Indian real estate sector is also highlighted by a report ‘Emerging trends in Real Estate in Asia Pacific 2011’ published by ‘Price Waterhouse Coopers’ and ‘Urban Land Institut...

You must have heard much more about Dwarka Expresssway , its benefits and all from various people as well as realtors about investing in projects on it. Come lets see, what media says about it... Here is a report from one of the leading newspapers of India -

The real estate of India has scored the fifth rank in the world with many hotspots for investment in the country. The leading Indian cities are a lucrative investment option for investors not only from India but also for the foreign buyers. India is a rapidly growing economy with ongoing development in all the sectors. This is one of the reason India is ranked 5th amongst the hot property markets of the world. The property market in the country has witnessed enormous growth in recent years owing to the huge demand of residential and commercial properties. The growing Indian population has a huge housing demand which is still not sufficient to provide shelter every common man. Therefore the developers are coming up with affordable housing to draw buyers from the low and middle income groups too. The leading cities of the country such as Bangalore, Mumbai, Chennai, Hyderabad, NCR region including Noida and Gurgaon are undergoing massive development and contribute largely to the Indian ...

Due to huge demands, real estate prices in India in both residential as well as commercial have shown an upward movement in last few years. This sector has seen a very strong growth and appreciation in prices as well increased ROI (Return on Investment). Since last few years Indian Real Estate Market has been the attraction point of so many domestic as well as international investors. In India, real estate market capitalization is 4.2%, whereas global norm is 15%. So we can anticipate more growth in this sector. Since last few years, several real estate companies have come up with IPOs. On July 9, 2007 BSE had introduced yet another index – The BSE Realty Index comprising of real estate stocks. It has always been a question that if one should invest in Real Estate or should move ahead with Stock market. If I talk about my experience about investment decisions in both real estate as well as stock market, I will prefer real estate. It’s not because I am in this sector. It’s because of th...

Have you ever got the question in your mind that, why one should adjust his/her living style according to the homes developed by developers. What if I say, this tradition is no more.... What if I say, you are going to have an opportunity to decide each and every thing of your house, and the developers will do it for you, with no extra charges....AMAZED???? If you have ever thought to design your house according to your requirements, here is something for you..... Spire Central Sector 106 Gurgaon, a wonderful residential project by Spire and Tashee . A project Spread over a huge lush green garden of 16 acres, providing a feeling of close to nature. The best thing about this project is that, it is based on a unique idea of " MERA GHAR MERI MARZI." And, that’s why, this project has been named - "Spire Central-Flexi Homes ." This concept has been introduced for the first time in the Real Estate market. The base idea behind this project is, the unique thought ...