Indian Real Estate Companies and Firms
May 12, 2006 (PRLEAP.COM) Business NewsBeing a big country, India has innumerable agents, brokers, architects, property consultants, builders and home finance companies in the metros and smaller cities. There are many small and big real estate companies. Real estate business in India is very successful and investing in property is a great thing to do.
Big real estate companies have a national presence such as Raheja group and Sanmar group. They have a major presence in all metropolitan cities. They deal with construction of shopping malls, residential complexes and office complexes in all metropolitan cites.
Small real estate companies deals in construction of apartments, commercial and retail construction in metros as well as smaller cities. Smaller Indian real estate companies have a geographical stronghold.
Realty Plus provides with updated information on Indian real estate for buying, selling, construction, renting, leasing of house, land and property in India. It gives knowledge of real estates in India, with in-depth reports, surveys, analyses and expert views on a variety of real estate issues. It gives information about real estate agents and also property consultants and real estate managers for commercial, industrial and residential premises at prime locations in Mumbai and other metropolitan cities in India.
Realty Plus provides with every information related real estates. Indian real estate news is hot news in the global real estate market.
Driven by positive growth in the economy, real estate in India is booming. The year 2006 started on a promising note when the Government of India opened the construction and development sector in February 2006, and allowed 100 per cent foreign direct investment (FDI) under the 'automatic route' in order to spur investment in the vital infrastructure sector.
The global real-estate consulting group Knight Frank has ranked India 5th in the list of 30 emerging retail markets and predicted an impressive 20 per cent growth rate for the organised retail segment by 2010. A report on real estate trends by Merrill Lynch said that the number of malls in Mumbai, Bangalore, New Delhi, Hyderabad and Pune was expected to grow to about 250 by 2010 as against 40 now.
The boom is also attracting interest from foreign players. The development of real estate in India focuses on two primary areas: retail and residential.
As far as investors are concerned India is currently one of the most exciting countries when it comes to real estate. In a recent survey by Jones Lang LaSalle, the Indian cities of Mumbai, Bangalore and New Delhi emerged as the top three investors’ choices for real estate investment in Asia. For more details please log onto www.realtyplusmag.com.