Saturday 7 December 2013

The Indian Realty Sector..

The Indian Real Estate Sector, which has remained a disappointment for depositors for almost two years, is slowly accelerating towards stability. The positive hopes were triggered by an increase in demand, spate of new property launches all over India and better liquidity.

However, Real Estate of India needs further regulatory measures for a complete recovery from sluggish economy, less demand and discrepancies in project completion. The inventory pile up is an immediate concern. The unsold properties across the nation shows an alarming count while comparing with the last few years.

And, with the almost confirmed implementation of REITs, there is more optimism about improvement in the sector. Due to the encouraging FDI strategies and the current satisfactory exchange rates, the Indian realty sector is inviting investments from various global private equity firms as well as other prominent investment trusts.

With several builders like Brigade Group, DLF, Prestige Group, Tata Housing, Godrej Properties etc coming up with market-driven projects in different specifications, locations and budget, buyers have several options to choose from.

The property exhibitions are proven methods of popularizing a property among buyers, as they serve as a wonderful platform for developers to present their works to the masses which comprises of end-users, investors and professionals belonging to the lending division amongst others.

The depreciation in Indian currency value has led to investment-friendly environment for NRIs. In this scenario, international property exhibitions would be a best option to connect to NRIs who according to surveys, are actively targeting reasonable and strategically located Indian Properties from reputed builders. Through such ventures, buyers could get information on the most cost-effective mortgage plans as well. In addition to their extensive market analysis, displaying the best schemes by top developers, the conductors of such expo also offer specialized property consultancy sections.

The recently concluded property exhibition by Pan-Eastern Trade and Exhibitors Worldwide was the 46th version of India Property Show. The IPRO served as an effective platform for presenting the premium assets, developers and the most sought-after and potential locations. Visitors could gain useful insights into the prevailing trends and the perceptive on what to expect in the future.

An exhibition would have the required information on housing sector under a single roof. There would be display of options such as studio homes, penthouses, villas, independent homes, land, row houses, flats and others. These options would be grouped into different categories like affordable housing, luxury / semi-luxury properties etc.

In other words, Indian Realty Sector is all set to experience an unparalleled boom and with the right strategies, the positive environment could be boosted to for maximum results.

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