Real Estate Business in Mumbai - A dream come true for Realtorsby Jahnvi Savnani CEO
Nowadays, real estate investment is considered to be one of the worthwhile businesses and real estate agency in India is the perfect platform for that. Before we start discussion about the real estate investment and its scope in India, Let?s have a little bit look at ?what is real estate investor and real estate developer?.
Real estate investor: An individual who is in the business of dealing of properties is known as a real estate investor. However, dealing in properties can be of any form such as land, villas, bungalows and anything which is linked with the real estate.
Real estate developer: There are a variety of terms enclosed in this real estate business and the person who deals in buying and selling of such is known as real estate developer or a broker or an entrepreneur too. They work as an intermediary between the buyer and seller in dealing with the real estate investment business.
Favorable policies of the Indian government are the major inventor of the realty boom. In fact, the real estate industry in India is recorded to be second largest employer after agriculture; this shows the worthwhile business opportunity in India. Real estate consultants in India focus especially metros like Delhi and NCR, Mumbai, Kolkata, Ahmadabad for developing projects ranging from residential, retail to commercial complexes.
Residential real estate of Mumbai has been on a high from past two to three years. The property rates are expected to shoot up more in near future. As per the media reports, the commercial property rates in Mumbai are likely to rise by about 50% with large number of premium buildings getting constructed.
As India?s costliest commercial centers are now being located in Nariman Point and the SBD of Bandra Kurla Complex, thus Mumbai commercial real estate is seeing record growth in real estate development India. In the current scenario, real estate consultants in India predicts Mumbai real estate sector to witness a price hike in the coming months.
In today?s market picture real estate investing is considered as one of the most lucrative as well as money-spinning business as it gives lots of opportunities to earn the money or income. Real estate investment is as safe and secure compared to the other investment market. We know that fluctuations happen in every market but if investments are planned out well then it is possible to get rid from most of the risk. So be positive and don?t lose the real estate business opportunity in India.
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Created on Oct 19th 2010 00:18. Viewed 491 times.