Real Estate

Whether search for house in suburbs, a dream home surrounded by scenic mountain or lake or in the heart of the city one should always need to go for a wild hunt and compare different deals offered by real estate properties. First of all it is needed to decide on your part that what kind of place you are looking to go for. Many choices and options are available in the real estate market to avail the best location suited your budget. It is not a simple task.

Real estate properties could even be search on Internet. Whether looking for property on rent or for purchase its easy access provides you most reliable results. And if consulting to the real estate agent go for personal visit to check whether all the things are according to your expectation or not. Inspect all the rooms and sanitary system and if found any damage told them to repair. Many realtors indulge in fraudulent practice. So make sure that the deal they are offering is right or not. Talk to neighbors live in the area about the sale property. Note down all the information provided by them.

Price is the important feature in real estate properties. Whether you are purchasing property from the owner or real estate owner negotiation on price is recommended. Mostly price set by realtor is more than its actual price as they include their commission in it. The only way to know about the real price is to talk to the neighbors or find it out through internet. If you have kids, look if the environment is children friendly. Read more…

The evolution of Indian real estate sector has been phenomenal which has been encouraged by the growing economy, suitable demographics and liberalized foreign direct investment regime and this particular situation engulfed the existing stagnation. This sector which is an unceasing phenomenon has started to exhibit the signs of contraction. It has seen tremendous growth in the Indian reality sector since 2004-2005 registering a growth rate of 35% and is estimated to be worth US$ 15 billion and anticipated to grow at the rate of 30 per cent annually over the next decade. The sector has also attracted foreign investments which worth US$ 30 billion with a number of IT parks and residential townships being constructed across-India.

The sector encompasses residential housing, commercial offices and trading spaces such as theaters, hotels and restaurants, retail outlets, industrial buildings such as factories and government buildings. It also involves purchase sale and development of land, residential and non-residential buildings. The activities of this sector also involves housing and construction sector as well. It also accounts for major source of employment generation in the country since it is the second largest employer, next to agriculture. This sector has backward and forward linkages with about 250 ancillary industries such as cement, brick, steel, building material etc.

The major investors of this sector are:

• One of the largest listed real estate developer in the world i.e. the Emmar properties has tied up with Delhi based MGF developments to for largest FDI investment in Indian reality sector for mall and other facilities in Gurgaon.
• For participation in airport modernization and infrastructure projects, leading real estate developer of DLF India and UK’s famous Laing O Rourke (LOR) has joined hands for participation
• Vancouver based Royal Indian raj international cooperation made a huge investment in a single real estate project named royal garden city in Bangalore over period of 10 years and the retail value of the project was estimated to be around $ 8.9 billion.
• An agreement has also been entered into by Indiabulls real estate development and dev property development.
• This sector has also opened up opportunity for associated fields like home loans and insurance.
The following are the names of the companies which have invested in this sector
International developer Country Investment

(US $ million)
Emmar properties Dubai 500
Ascendas Singapore 350
Salem & ciputra group Indonesia 350
GE commercial finance U.S 63
Tishman Speyer Properties U.S 300