Friday, April 13, 2007

india real estate

Indian real estate is one of the main themes of diversification for national and multinational investors with particular emphasis of buying residential & commercial property in India. The main reason behind this logic is that the economy of India has achieved a sustained growth and further progressing day by day in all fields’ i.e. industrial production, information technology, agriculture, buy property in India travel and tourism etc. On top of it, the big businessmen of India have given a catalytic effect to its economy by purchasing big industries through out the world in recent past in these days.

India has become a new market for foreigner investors due to its economical growth rate.

Buy property in India tourism sectors, hotel industries, medical sectors, telecom sectors, IT sectors and also small industries are showing sustain growth.

Retail real estate buy property in India is booming too. The end of 2008,66 will add million sq ft of retail space in the nine largest Indian cities, and 14 million sq ft in the next eight largest cities.

India will also need 12 million new housing by the year 2030, according to a projection by Asian Development Bank.

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