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Since 1990 Alpine Housing & Builders builds apartments in Bangalore for all those with an eye for detail and has responsibilities to enhance the environment, Alpine Housing policies for managing the environmental aspects across our business are priority No.1. Alpine constructions commitment to quality Property Development encompasses Apartment and Commercial Complexes.
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INTRODUCTION • The strong fundamentals of the Indian economy are having a favorable impact on all asset classes of Indian real estate viz. housing, commercial — office space and retail and hospitality. • In recent years, the growth has spread out to tier-II and III cities as well. • High growth in services as well as manufacturing sector has resulted in high demand for commercial and industrial real estate. • Further the economic growth has trickled down to the large Indian middle class increasing affordability and affluence. Improving living standards are driving the demand for better quality housing and urban infrastructure.
Physical Targets for Infrastructure • Power • Additional power generation capacity of around 78.500 • MW Roads and highways • Six-Ianing 6,500 km of Golden Quadrilateral and selected National Highways • Four-laning 6.736 km on North-South and East-West Corridors • Four-laning 20.000 km of National Highways • Widening 20.000 km of National Highways to two lanes • Developing 1.000 km of expressways • Railways • Constructing dedicated freight corridors between Mumbai-Delhi and Ludhiana-Kolkata0 • 8.132 km of new railway lines; gauge conversion of over 7.148 km • Airports • Modernization and redevelopment of 4 metro and 35 non-metro airports • Constructing 7 greenfield airports • Constructing 3 airports in North-east region • Telecom • Achieving a telecom subscriber base of 600 million. with 200 million rural telephone connections0 • Achieving a broadband coverage of 20 million and 40 million internet connections
DEVELOPMENT OF REAL ESTATE IN INDIA • IT Infrastructure – Temples of Modern India • Townships • Programming Houses • Green Buildings
IMPACT OF BUDGET • Overall Impact considered to be marginally positive. • Infrastructure investment to be raised over 9% of GDP. • Funding pressure on construction companies to be eased by PPP. • PPP infrastructure projects to be refinanced upto 60% through IIFCL. • Rs 39.7 billion allocated for rural housing schemes. • Focus on providing housing to people of economic weaker section & lower income group.
FUTURE PREDICTIONS • Close to $7 billion to $8 billion of venture capital expected to flow into Indian real estate market. • A significant increase in project execution through Public- Private-Partnerships. • More demand for office and industrial space. • Current levels of investments in infrastructure are not sufficient to bridge the gap between demand and supply.