Real estate companies – committed to build a new India

by Rohan Sinha Author Real estate has expanded in India at a lightning speed in the last couple of decades. Gurgaon and Noida can be counted amongst the top cities, which underwent a complete makeover due to the large scale initiatives undertaken by real estate companies in India.

If you get a chance to speak with a 40-50 year old man, he’ll tell you the massive changes that came over Gurgaon and Noida after the advent of real estate companies. Last month, I was in Gurgaon, and couldn't help but get stunned by watching the sheer lengths and breadths of the buildings, both commercial and residential. It looked like a work of genius.

Real estate companies in India employ modern engineering technologies to build their projects and fit them with the unthinkable amenities and security measures. Home purchase has been made to be simpler than ever, as even the banks delightfully offer easy home loans for longer periods such as 20 years and 30 years.

The income of the middle class in the country has risen speedily and steadily. Today's executives look for the best homes that they have seen and lived in during their trips to different countries. And they don't mind spending a fortune on their abodes. Real estate companies in India have their fingers firmly placed on the pulse of the middle class, and thus successfully bring out one project after another to meet the growing housing demands of the middle class.

It's not that real estate companies in India have only focused on Noida and Gurgaon; in fact, they've gone on to tier I and tier II cities to put their residential and official projects.

Some say that real estate has slowed down in the past few years due to shrinkage in the housing and office space demands. However, the realtors are upbeat about it and say that these drops are part of the business cycle and that the demand would soon pick up the momentum.

Since the year India gained its freedom from the British Rule, hundreds of companies have jumped on the bandwagon of real estate to meet the growing demands for lands, apartments, and other properties. Buyers have been provided with a plethora of options when it comes to choosing a home. Right from budget apartments to luxury homes, and from 2-room apartment to a penthouse, real estate companies in India are coming up with it all, in their quest to change the very face of the country.

Real estate companies in India transformed Noida and Gurgaon, and made them the ideal cities to work and live in. For more on real estate and how to purchase your first home, keep visiting us regularly.

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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