Real Estate Times - Exploring Property Business in India. Profit from it!
May 27, 2006 (PRLEAP.COM) Business NewsNew Real Estate New Magazine Launched. www.realestatetimes.in
Indian Real Estate is vibrant and growing area with new initiatives being taken by Government, the construction industry, architects and developers to transform the landscape.
India's strong economic growth and growing middle class are collectively driving a change in cultural values. In a traditional Indian home, a lot of people stay with their extended families, but today a lot of young people are buying their own homes, the industry experts have estimated that India suffers from a shortfall of 20 million homes in major metro areas. The housing shortage translates into an investment of More than $300 Billion just for residential development alone. The growth prospect is so enormous.
It may still be a fragmented industry with high transaction costs and an absence of complete transparency; but it is whetting the appetites of domestic and overseas investors. In India, the world's second-fastest-growing economy, after China, changing government policies and a focus on infrastructure are driving up the demand for housing developments, malls and offices.
Real Estate Times (www.realestatetimes.in) features each week articles, reports, reviews and special columns on the many facets that mark these dramatic changes.
India's real estate market is getting very, very warm. Read the latest on all aspects of real estate. Get answers to specific questions on purchasing, transferring or selling property.. Visit www.realestatetimes.in to view, submit or debate on the most profitable business of properties.
What is New on www.realestatetimes.in: Real Estate News, Newsletter, Real Estate Trends, News, Advice, Tips on Buying a Home, Selling a Home, Analysis Reports on Market Conditions, Agents Marketing/Publicity Trends, Launch of New Apartments, Flats, Condos, Vacation Rentals and many more..
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