Tuesday 26 November 2013

Real Estate in Delhi - The Money Making Industry

Delhi realtors are in a blooming era with emergence of various multinational companies flourishing in India. A sudden rise in demand for residential and commercial property in Delhi has accelerated the real estate sector in the past few years. It’s the most preferred, safest and promising investment option. Whole of India have dreamt of owning a home and a second home. Banks and government have made the task even simpler. Over population has never done better for any other part of the country as it is doing for the city.

Globalization has further brought India and its states on the forefront on the world's economic platform. Various multinational companies have entered Indian markets individually as well as in collaboration with Indian companies. Delhi nowadays has become extremely active and popular social, cultural, economical and cultural hub. Delhi is the largest commercial center of northern India. flats in Delhi

As of 2013, the per capita income of Delhi is Rs 2, 10,000, highest in India. The Real Estate sector has not only become the need of the hour but it is also termed as one of the best investment options in India too .This has resulted in a boom in this sector. The government of India too has been quite liberal with the rules and a regulation for NRI’s to make investment in real estate. India has emerged as a top-most favorable destination for foreign direct investment (FDI) in the world with 100 per cent relaxation of FDI regulations in this sector. The Government of India has now allowed international and domestic companies to operate real estate funds through private equity funding.

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