Indian Real Estateby Indianrealestate Reviews Real Estate Reviews
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Review on Indian Real EstateThe Planning Commission of India defines Real Estate as land, including the ground below and the air above it and any structures or buildings on it is referred to as realty. The Indian real estate and construction industry plays an essential role in Indian economy and is a crucial part in the development of our nations infrastructure base. The real estate covers viable offices, suburban housing, trading spaces such as hotels, theatres, retail outlets and restaurants, industrial buildings such as government buildings and factories. The real estate sector comprises of construction and housing sectors that involve the builders/developers, buyers, owners and investors.
Any Real estate business comprises of dealings, such as buying, selling, and expansion of land/properties, residential and non-residential buildings. People who mainly involve in realty business are called as proprietors/land owners, developers, builders, real estate agents, tenants, buyers etc. Indian real estate has substantially seen growth with healthy economy accompanied with a series of Initial Public Offerings (IPOs) by property firms as well as investments by NRIs in Indian Real Estate Market.
Currently Real estate has been a thriving sector in India with the arrival of MNC and foreign companies along with NRIs investments. Indian real estate industry has seen exceptional growth over the past years. The Indian Real Estate is driven by the developers/builders, tenants, buyers and land owners because of the prospects offered in the market.
Many realty associations were also formed as the real estate sector urbanized, one of which is CREDAI Bengaluru, functioning in Bengaluru for 30 years with 218 reputed developers as its members in the city and 450+ developers across the State. The CREDAI organizes realty expo, which has become one-stop for all the property buyers and investors who are looking to invest in prime properties from trusted members of CREDAI. With both foreign companies and NRIs inve
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Created on Nov 23rd 2013 06:28. Viewed 910 times.
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