What is the future of Real Estate in India?

[fizzyhomes_admin]

[fizzyhomes_admin]

This totally depends on the question that whether property prices in India will fall or not? The answer to this question will eventually decide the future of real estate in India.

According to the real estate experts there is a definite boom in the real estate market in India which is the only reason for the lot of investments we see in the real estate field. This real estate boom has made all the real estate investments in India safe. The Indian Government has liberalized its foreign direct policy to attract higher foreign investment. This has literally proved the safety of real estate investments.

The property prices have never seen a sudden rise in the developed cities of India like Noida and Gurgaon. Over a last few years all parts of India has seen the rising of real estate prices. Moreover, India being the largest democracy actually attracts more people for making the investment in the property and real estate market than any other country in the region.

Looking at the above factors we can say that as far as property market in India is concerned it is going only in one direction that’s upward. And this current trend will see more and more people investing in the property market in India. Forget about the numbers, if my personal experience are to be taken, Real Estate Jharkhand, Real Estate Bihar, Real Estate West Bengal, Real Estate Orissa would never be in any sort of loss in the coming future.

[fizzyhomes_admin]

As we know, real estate is the second largest employer after agriculture and is expected to grow at 30 percent over the next decade. Also the Indian real estate market size is expected to reach US$ 180 billion by 2020. The Government of India has also taken several initiatives to encourage the development of real estate sector in India. For example, the Smart City project is a prime opportunity for many real estate companies as this projects holds a plan of building 100 smart cities in India.

People of India has seen a gradually upwards type of graph if we talk about the real estate prices. So there is nothing as such that would harm the future of real estate India. There was a little problem because of demonetization but there’s no such problem in India now.

[MarioOwemn]

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