Property for sale in India
1/ Capital: New Delhi
Is the capital city of India. With a total area of 42.7 km2, New Delhi is situated within the metropolis of Delhi and serves as the seat of the Government of India and the Government of the National Capital Territory of Delhi. Get more information on property for sale in New Delhi.
2/ Country: India
Is a country in South Asia. It is the seventh largest country by geographical area, the second most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the west, and the Bay of Bengal on the east, India has a coastline of 7,517 kilometers (4,671 mi).
3/ Property for sale in India
The Middle East real estate market could outperform all other regions over the next two years, a survey has suggested. The study, conducted in conjunction with the ongoing Cityscape Dubai property event, pooled the views of more than 350 developers and property investment businesses.
Rising property prices and increased interest rates, coupled with a demand-supply mismatch has brought down the overall affordability of residential properties in India today forcing developers to resort to offering freebies and early bird discounts to arrest fall in sales, according to a recent report.
Assocham believes that foreign direct investment in Indian real estate would also make its working more organized. Besides increasing professionalism, it would bring in advanced technology and help in the creation of healthy and competitive market environment for both domestic and foreign investors. Moreover, the accelerated development in segments like retail of IT office space, coupled with an ever increasing demand for quality residential property, points to a healthy prospects for the realty sector.
If the real estate sector has to thrive and grow, investment in this sector has to become broad based and the common man must have an opportunity to participate in the growth of this sector. The time is probably ripe to introduce concepts like REITs not just to broad base participation in this sector but also increase the velocity of transactions in this sector.
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