The Indian real estate is on high road to development and expanding gradually. Several factors are contributing to its growth, most importantly fast growing economy of the nation. The demand for housing and commercial properties are on the increase with the growth of the nation’s GDP. As a result, the investors show a lot of interest to make investments in realty sector. Besides, people are migrating to cities due to urbanization and for better employment, pushing up the demand for housing and commercial properties inIndian realtyIndian realty urban areas. Besides, the government is also playing a crucial role in improving the investments in real estate sector. It introduced Real Estate Investment Trusts and invited direct foreign investments in this sector.
The tourism sector which is another important sector that contributes to real boom. The demand for hotel, resort, rental, vacation properties is increasing as the number of tourist footfalls are on the rise. Further, the nation’s population is all set to cross the China’s population in future. All these factors contribute the economic growth of the nation and also provide good opportunities to the realtors. Many investors from home and abroad are keen to invest in real estate industry.
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