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Old 31st July 2008, 02:14 PM   #1
Fleming25
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The Real estate market in India has grown tremendously in value and in aesthetics. One of the biggest contributions to the growth and development of the national GDP is this sector. Employment has multiplied and this has helped to stabilize many of the vital industries as well as many of the subsidiary manufacturing units. Many developers and builders have come up as a result and helped to sustain the growth and we have now stepped into that phase where the lower end user is almost as demanding as that of the higher or/and premium end. Awareness has caught our attention as well! India is a country of diverse landforms, cultures and religions. It comprises of people who are at the higher, middle and lower classes economically and therefore offers a wide range of selection to the same. This also manages to attract outsiders to India.

It is known that the investment in the real estate sector is highly profitable especially in the commercial sector of the Metros like Mumbai, Chennai, Kolkata, Bangalore and Delhi. Sometimes having an office space in small towns like Jaipur, Kanpur and Ahmedabad etc can also work out as highly profitable but one must do a thorough study of this before the shift is made. Hotels, inns, motels, resorts are the other major revenue collectors from the tourism industry and these do well in cities as well as hill stations. Beach resorts at Goa or anywhere in India are another great attraction to tourists and hence do very well commercially. The range in India is vast and varied which is what makes it a great incentive for people to invest as it has it all from farmhouses to cottages, from villas to bungalows and apartment and from seaside resorts to those of the hills! Offices, commercial complexes, industrial ventures, malls, agricultural lands, hospitals, schools are all available attractions for Builders in India. All of this and what’s more is that this can be bought at reasonable prices too
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Old 27th October 2008, 10:24 PM   #2
munnakv
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Hmm.
The real estate market has tanked along with the stock market and economy as a whole. It will take a while to pick up. I am of the opinion that we are yet to see the worst. We will have to stabilise before we move up.

However, it is a good time to invest in real estate now. Prices have settled down to the levels where it can be called affordable.

At the moment there is no euphoria, but cautious optimism is the best starategy.
Remember, a rise after a big fall is inevitable though a phase of stagnation is to be expected before that.
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