Indian real estate boom and bust
During the stagnation, the transformation of the real estate sector in India from economic growth, practical democracy and direct investment management was unusual. But now, this persistent phenomenon in the real estate industry is beginning to show signs of decline.
What causes this, and how is it done? In this article, I am trying to find a solution to this problem …
Overview of Real Estate in India
2004-05 From India, the actual level has improved significantly. Registration at the 35% growth rate in the real estate sector is worth $ 15 billion and is expected to grow at an annual rate of 30% over the next decade, attracting foreign investment. With the number of IT parks and residential areas built in India.
The term real estate includes commercial facilities such as residential Flats for sale in Kolkata, commercial offices, theaters, hotels, restaurants, shops, industrial and industrial buildings and government buildings. For the purchase, sale and development of real estate land, residential and non-residential construction. Real estate activities include warehousing and construction.
The sector is the country’s leading employment source and the second largest agricultural employer. The sector has a growing and evolving relationship with over 250 industries such as cement, brick, steel and building materials.
Therefore, increasing the consumption rate at this level has a significant impact and has the potential to produce 5 times the amount of Flats for sale in Delhi.
Visibility on all sides
When it comes to real estate, it’s mostly made up of 80% real estate and 35% growth. Others include business units, offices, hotels and hospitals.
o Housing: The Indian economy is growing by 9%, but the changing perception among young people about rising incomes, low-income families, low interest rates, modern homeownership and savings. And purchases and payments for purchases contribute to the rise of homes.
In the past, home prices were always 20 times the annual purchase price, but now they are 4.5 times higher.
According to the 11-year and 5-year plan, the housing shortage in 2007 was 24.71 million and the total number of needed housing (2007-2012) was 26.53 million. The total required for 11-year and 5-year urban housing is estimated at $ 361,318 million.
The table below describes the investment requirements for Schedule XI.
Context Investment Requirements
Lack of housing at the beginning of XI147195.0
Added to housing stock during Plan XI, including additional housing shortage during Plan 214123.1
All residential requirements within a specified time period 361318.1
Home Office: India’s rapid economic growth. This has a negative impact on the demand for corporate resources to meet business needs. Essential corporate office development is due to emerging industries and the use of information technology (IT) and regulated business operations. For example, in 2010 Indian IT and ITS alone cost an estimated $ 150 million. Additionally, the anticipated manufacturing industry will require $ 220 million in 2010.
o Supermarket: The city has grown at a CAGR of 2% over the past decade. With the development of the service sector, we have paid for not only urban dwellers but also celebrities. According to statistics, India’s business industry is worth $ 350 billion and is expected to double in 2015.
Changes in resin penetration and attitude towards registered products require people to trade, including significant progress in business development activities.
Multiplexing: Another driving force in real estate development is the need for multiplexing Flats for sale in Pune. I can make many advances for the following reasons:
1. Multiplexes consist of 250-400 seats per screen instead of 800-1000 seats in a single screen game. This allows multiplex owners to enjoy additional benefits and make better use of their capabilities.
2. Food and Beverage, along with the non-ticket benefits of renting more time to merchants, it offers more benefits than promoting theater.
o Hotels / Holidays: As mentioned above, the rise in the middle class is the biggest increase in the real estate sector.