Q: Most Indians living abroad prefer to own one or more properties back home, and constantly strive to get the best deal for the perfect house. If you are an NRI, and are on the lookout for affordable property, here is a helpful list to simplify the process for you!
As real estate sector plays a critical role in the development of India, this sector meets the ever growing demand of office spaces and residential properties of a growing population in the country. Moreover, with a growing young population, the growth prospects for the real estate sector are bright. While it’s almost always a good time for Indians to invest in properties in the country. For more info visit http://www.globalinvestmentpro.com/
Yes, year 2015 saw many European retailers entering India as part of their expansion strategy to new markets. We had anticipated this trend to continue in 2016. India could be an anchor of stability, given that a proactive government has carried out reforms at a satisfactory pace and that its inflation has remained controlled over the last 2 yrs. Also given a normal monsoon forecast for this year, even food inflation could be kept in control in the near-to-medium term while triggering a healthy growth of agriculture and rural economy.
According to me population of India has played a major role in this sector as Indian population growing by around 16 million a year. This mean there is a continued demand for new housing. In addition, the average household size is falling so this makes demand even greater.
Second and most important point is ''Income and Growth'':- The growing affluence means upgrading housings, smaller family units, means demand is rising. Gujarat has experienced double digit growth and shows no signs of slowing down with huge infrastructure projects. These include new cities like Dholera in an SIR (Special Investment Region) and SEZ (Special Enterprise Zone).
Hi friend!! The only reason is the economic relationship between India and the United Kingdom is in fine stage. Prime Minister Modi’s steps to improve the ease of doing business in India are a great boost, and we look forward to the EU-India Free Trade Agreement talks resuming.
Another reason could be that the real estate sector in India will continue recovering on the back of a resilient Indian economy and strong capital inflows. Investors in the UK looking to invest in residential properties outside UK will have to study and compare returns and risk assessments for real estate in India versus real estate in the EU. After exiting EU, locations like Greece, Spain and Portugal may not remain as attractive to UK investors, and India may benefit from that. However, investors will refrain from making plays for some time as they will want to develop a good understanding of the comparative risks- returns scenario.