With property boom spreading in all directions, real estate in India is touching new heights. However, the growth also depends on the policies adopted by the government to facilitate investments mainly in the economic and industrial sector. The new stand adopted by Indian government regarding foreign direct investment (FDI) policies has encouraged an increasing number of countries to invest in Indian Properties. As the investment scenario in India changes, India which has attracted more than three times foreign investment at US$ 7.96 billion during the first half of 2005-06 fiscal, as against US$ 2.38 billion during the corresponding period of 2004-05, making India amongst the "dominant host countries" for FDI in Asia and the Pacific (APAC).Get the new Residential
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Real estate has always been about location. But over the years, it's becoming more about reputation and productivity. Driven by positive growth in the economy and large scale investments in the IT, ITES and BPO sectors, the real estate in Delhi is booming and in a recent survey, It has emerged as one of the top three investor's choice for real estate investments in Delhi.
Some quality residential locations in Delhi which are favored by VIP, ambassadors, industrialist and senior managers are Golf Links, Jor Bagh, Shanti Niketan, Westend, Anand Niketan, Neeti Bagh, Amrita Shergill Marg, Prithviraj Road, Vasant Vihar, New Friends Colony, Ishwar Nagar, Sunder Nagar, Chanakya Puri and Panchsheel Park. In the residential sector, a bulk of the leading real estate consultants consider that South Delhi will carry on to generate demand and that investment in these areas and adjoining them will fetch returns of 5-8 per cent a year for the next four to five years. Of late, there has been an increase in demand for flats, especially in the areas lying between the Inner and Outer Ring roads.
Adding to the ever increasing demand of properties or real estate investment in Delhi , the land prices and residential properties have increased many-fold and are still on the rise thereby making investment in the capital city of India a deal worth to be clinched.Get the New Projects Gurgaon.
