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It is quite a challenge to establish a real estate project in India. Fluctuation in prices with the ever-changing demands has compelled builders to reconsider their decision of offering properties at the right time. The commercial and real estate segment has already recovered from a bump in the road in 2008-09. With these never ending challenges and government initiatives, here’s to hoping that the real estate sector is hereby progressive.
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Thought there are no broad figures and even official estimates may be obscure regarding homeownership across the country,
it had been acknowledged that Indian households did not see investing in real estate in India as a profitable investment.
The assumption of a preference among Indian salary men toward homeownership may in fact be erroneous as less than 60 percent of salaried workers across the country own homes. For more : india property
Despite the large scale boom a few years ago in the countries realty market, much of gains it seems may have been the result of speculators purchasing multiple properties rather than end users.
