Real Estate

Last Updated: December 2010 The actual solid ground sphere in India is of great importance. accord to the report of the Technical Group on Estimation of Housing Shortage, an estimated shortage of 26.53 million houses during the Eleventh tailfin Year Plan (2007-12) provides a big investment opportunity. According to a report Emerging trends in Real domain of the surem in Asia Pacific 2011, released by PricewaterhouseCoopers (PwC) and Urban Land constitute (ULI), India is the most viable investment destination in substantive estate. The report, which provides an outlook on Asia-Pacific real estate investment and ripening trends, points out that India, in particular Mumbai and Delhi, are good real estate investment options for 2011. Residential properties maintain their growth nervous impulse and hence are viewed as more promising than new(prenominal) sectors. ULI is a global non-profit education and research institute. Further, real estate companies are coming up with various residential and mercenary projects to fulfill the demand for residential and office properties in Tier-II and Tier-III cities. For instance, Ansal Properties has several(prenominal) residential projects in cities such as Jodhpur, Ajmer, Jaipur, Panipat, Kundli and Agra.

Omaxe has also be after around 40 residential and integrated township projects in Tier-II and Tier-III cities, majority of them being in Uttar Pradesh, Punjab, Madhya Pradesh, Rajasthan and Haryana. The growth in real estate in Tier-II and Tier-III cities is mainly due to increase in demand for organized realty and availability of land at affordable prices in these cities. According to the data released by the incision of Industrial Policy and Promotion (DIPP), housing and real estate sector including cineplex, multiplex, integrated townships and commercial complexes etc, attracted a cumulative conflicting direct investment (FDI) worth US$ 9,072 million from April 2000 to October 2010 wherein the sector witnessed FDI amounting US$ 716 million during April-October 2010.... If you want to get a adept essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper