Thursday, July 9, 2009

Real Estate, Future?

Will property prices in India fall? This is one question every one has been asking, as its answer will eventually decide whether you are going to invest in the real estate in India now or you will rather wait for the property prices to fall.

According to the Investment Gurus and real estate experts 'there is a definite boom in the real estate market in India and that's why many people are going for investment in the real estate in India. According to market experts, Indian real estate market has got a tremendous potential and it will surely be riding high in the coming years.'

At present, banks are going slow on funding a real estate project, the prices of land, materials and labour have increased and apartment sales are dull. In short, property developers are in a cash-tight situation. Does this imply that in times to come, small and mid-size developers and their small projects will find it difficult to survive and only big developers with large budgets, brand names and mega projects will exist?

A recent survey has revealed that, India stands on the fourth position among the top four Asian destinations for foreign direct investment. India being the largest democracy with excellent democratic governance and transparent property laws attracts more people for making the investment in the property and real estate market than any other country in the region.


By Nilesh Shah

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