This article reveales the latest trends in real estate industry 2015-16 and upcoming announcement and survey attached
“According to a Financial Express newspaper report published on Dec 13th this year, investments into the real estate sector in 2015, at close to $8 billion or Rs 53,000 crore, are poised for a seven-year high even when the sector is not in a good shape. The BSE Real Estate index plunged 16 per cent on a year-to-date basis till December 18.”
-Financial Express (www.financialexpress.com)
The real estate sector in India is one of the leading sectors known to grow the money of investors multifold in span varying from short term to long term. With a supersonic boom echoing in the Asian real estate sector, India has almost reached to the pinnacle of the list that investors skim while thinking of putting their money. The real estate segment in India has shown such evident results that it has been marked as few of the safest arenas of investment. 2016 is believed to be a positive start up for this sector and bring in a lot of foreign currency into the country including FDI and NRI investments.
The areas of NCR (National Capital region, Delhi), Bengaluru, Gurgaon etc are considered to be the most safe bets of the year. The trends predict a supple growth in the sector keeping in mind the growth of 74% as compared to the last year. All set for the highest investments in the last seven years, the impetus is also a result of the various government steps that were taken in the year 2015 such as the relaxation of the FDI laws, approval of the Real Estate Bill by the Union Cabinet and the release of the seventh pay commission by the government.
Interestingly, the commercial sector is the one that would benefit the most as is being shown by the current forecasts. Commercial spaces in India have been increasing and are rated as the highest in the country. With multinational corporations coming into the country in sectors such as BPOs/KPOs/ ITEs and many more, the demand continues to increase and is still expected to increase due to the increasing segments of the market stepping in to compete for the currently available spaces on rent. As a result of the increasing demand for space, the constructors and builders are also plunging into creating commercial structures that are high on the utility scale as well as match the modern demands of today’s clients.
Growing cities as mentioned earlier such as Bengaluru, Pune, Hyderabad, Chennai, etc. are expected to notice a steep rise in the area occupied by commercial office spaces for rent which may also exceed the city boundaries giving rise to new surging areas and hence are also among the best options when it comes to getting investments with a view point of increasing foreign input and increasing the worth of the build ups
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