An Introduction To Real Estate Business

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					Property in India can be categorized into two main categories or groups
i.e. Property for residential purpose and property for commercial
purposes. The difference between these two kinds of properties can be
described according to purpose and use of property. The commercial
properties are hotels, office buildings, shopping malls etc. The
properties that are used for personal use are called residential

 With industrial development, the income of Indian people has been
increased due to various job opportunities. Therefore they try to invest
their earning in such sectors that provides maximum return as well as are
low risky. So real estate sector is one of the best choices for maximum
Indian investors who are looking for maximum return on investment in
shortest time. Today real estate sector is one of the fastest growing
sectors in India. This sector is growing with growth rate of more than 25
% per annum. There are certain factors, which are working as like driver
for this most demanding sector. Some of the key drivers of this sector
are rapid economic growth, economic sustainability, larger proportion of
56 crore middle class and double income family. Rapid growth of service
sector and emergence of service sector like BPO, KPO, Hospitality
industry is also boosting the demand of this particular sector. Indian
economy is growing at the average growth rate of 6.5% since last ten
years and the rate of growth of reality sector in India is much higher as
compared to Britain. Now India has become a hot destination for
investment due to huge demand and better growth prospects.

 Various Industrial houses have come forward for catering the need of
this unexplored segment. Today this sector has become organized and
professionalised. The real estate companies have tied up with various
leading banks and these banks are providing financial assistance to the
customers at very low rate of interest on installment basis. Today house
is not dream in NCR region for middle class due to healthy competition
between the companies and easy loan option. Various options are available
in residential projects for different income group families such as one
BHK, two BHK, three BHK, Studio apartment, and luxury villas. The price
range starts from 14 lacks to one crore. The modern housing projects are
techno friendly, eco friendly spacious and covered by the green grass.
Most of the projects are well connected with strategic location like
Railway station, hospital and national highways and expressway. The flats
are airy and designed by best architects of the world.

 Since India is second largest country in terms of population therefore a
large number of populations require residential properties to fulfill
their residential need. With increase the demand of residential
properties the price of properties is continuously increasing.

 Due to rapid industrial development in India, radical advancements in
technology and deli censing there also good demand of commercial
properties The price of commercial properties is always higher than
residential properties therefore the profit ratio is more than
residential properties. If you deal with the real estate business you
have great opportunity to cater the demand of this sector for generating
sufficient revenue with adequate marketing strategy.

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