Real Estate Investment in India

Posted on February 22, 2010
Filed Under Real Estate Investment |

Real estate is bought and sold the world over. Day in, day out, people buy all types, styles and sizes of different real estate for all kinds of reasons. Some real estate is sold to residential buyers; other real estate is sold for commercial premises. Even in the world of residential real estate, the reasons for buying a home are varied.

Buying a new home is often the single largest financial commitment people ever make. When you buy a new property, that piece of real estate becomes both an investment as well as your home. From condos to cottages, comfortable family homes to extravagant mansions, real estate ranges in price as much as it does in style and quality.

Buying a residential or commercial property in India is much easier now. One can choose his kind of property online. One can also contact with property dealers/ real estate dealers to easily find the same.

For specific requirement there are property consultants available to guide you in the property market.

Commercial space in India is quite costly in metro cities. To allocate commercial properties at a cheaper price, real estate developers prefer tier-II and tier-III cities.

If you plan to have a commercial space at cheaper price, it is good to choose a place out of metro cities but near to it.

Real Estate in India is deep recession mode. Decreasing property prices, Investors’ reluctance to come forward in given market condition, major financial institutions’ cautious steps towards financing has furthered the situation. Recent cut in lending rates and booster package by government has not been able to give confidence to the market. Though realty stocks gained marginally, still major real estate players seem not happy with the situation.

marco
http://www.articlesbase.com/organizational-articles/real-estate-investment-in-india-698885.html

Comments

3 Responses to “Real Estate Investment in India”

  1. Ansul.B on February 22nd, 2010 2:33 am

    Real estate investment in India, is it risky now?
    I am thinking to invest in Indian real estate market.
    Just wondering if it is risky as everybody talking about recession or economy slowdown, any thoughts?
    Also if somebody could suggest me some good India property sites, their views, what should be I aware of and their experiences.

    Thanks.

  2. APandey on February 22nd, 2010 7:35 am

    Well there are lots of websites, just type in search engine real estate India or real estate investment in India. It will show up lots of websites.
    Few to mentions:
    http://www.Pinjra.com
    There is a recent review of this site here: http://cchaturvedi.blogspot.com/2008/03/real-estate-website-review.html
    http://www.99acres.com
    http://www.magicbricks.com

    As for economy downturn, I would say India’s economy is strong and credit crunch thingy will not affect India directly but indirectly it may slow down the growth of the Indian economy, but still it will grow far higher than any other country. US recession will have more effect on China’s economy as China’s economy is very export oriented.
    And in my opinion, I don’t see prices of properties in India going down, may be they won’t increase as sharply as they were earlier but still they will maintain an upward trend.

    HTH
    References :

  3. donnaishere2001 on February 22nd, 2010 7:37 am

    indianrealestateforum.com seems to be popular site.

    As for investing in Indian real estate or any real estate, for that matter… In my view, if you just want to buy a home, or even a few houses to live in/rent out. Then I don’t see any dis-advantages long-term. But if you’re into speculation and short term investing. Right now, I would put money into other things, such as precious metals.
    References :

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