Real estate developers in India are turning dreams to reality

Today, India is one of the fastest growing economies of the world. It is expected to be the 3rd largest among all the economies by the year 2025. Even some really optimistic group predicts that India will raise its bar and will be the largest economy by 2050. It is anticipated that 70% of the future employment opportunities will be created in the cities. In the next 20 years India will be needing crores of rupees to meet the increasing infrastructural needs. Holistic approach with adequate emphasis on the construction and real estate sector will be the one that will write the Indian growth tale. In previous time land was considered the most important part of the economy that was hijacked to restrict a country’s economic independence as well as its social processes. It was basically this reason that post independence the Indian real estate sector was unorganized and dis aggregated.

However, after the period of post liberalization the sector has witnessed growth due to the Multinational Entrepreneurialism, Buoyant local stock markets and robust economy. With great demand for housing, commercial and industrial premises, India has transformed into one of the most lucrative sectors in terms of investment and employment opportunities. The real estate developers in India are incurring profits from the boom. This process is most commonly seen in the area around the bigger cities and the larger cities themselves.

Conversing about national capital of India and the national capital region we find the cities like Gurgaon, Noida etc. to be growing amazingly in terms of organization. Noida that is located very near to Delhi and Gurgaon is home to most of the individuals who work in these cities. Residential flats in Noida Extension or the flats/houses in other parts of Noida are in demand. Individuals give preference to this city because of its proximity to their workplace and an unpolluted atmosphere. Be it Flats in crossing Republik or other flats in Noida, all are in demand. With such an advantageous aura prevailing the builders in Noida are coming up with exceptionally designed homes decorated with facilities. Dream houses are being built and sold by these dealers. In these deluxe houses one can find everything that is needed for leading a rich life. In spite this concept of luxury living isn’t new for India, technological up gradations have altered the features of these residences and made them to be more technical. 

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

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