Investment in Real Estate in India is so Famous, But Why?

Investment is one of the hot topics for discussions these days. People want to know where they should put their hard-earned income to get maximum return on investment. Usually, when it comes to investment, the terms which come to our mind are PPF, Mutual fund, equity shares, Bonds, ULIP, Real Estate and more. Amongst all of the above options, investment in Real Estate in India is definitely a hot cake currently.

Before getting in deep, let us discuss a little on Indian culture and heritage. After all, we must know about our land where we stay and now looking to invest through it.

About Indian Culture and Heritage:

Indian culture and history are dynamic, going back to the start of human progress. It begins from puzzling society along the Indus River and in cultivating communities in the southern region of India.

Available evidence suggests that the use of iron, copper and other metals was common during the early period. This characterizes of the advancement that this area of the world had made, even in those days.

Indus valley civilization is one of the best examples of how India as a nation has always moved forward. The Vedic civilization is the classic example of the ancient Indian literature which deals with science as well as philosophy. This civilization is believed to be the earliest civilization of Ancient India. In fact, the two famous Indian epics of Ramayana and Mahabharata is of this period itself.

You must be thinking how all these will influence your decision for investment in Real Estate in India, isn’t it? Obviously, these points may not persuade you for any investment. The idea of mentioning all this is that before investing your hard-earned money in any piece of land, you must know everything about it.

Before going ahead, let’s have a small discussion on the rich Indian heritage as well. When it comes to art and architecture of ancient times, India has always been a step ahead. Some of the ancient monuments like Red Fort, Qutab Minar, Lingraj Temple, Ajanta Caves, Sun Temple, Taj Mahal to name a few are the examples of the classic Indian heritage sites. All such sites are the perfect example of unique art and architecture. It clearly shows the innovative and skills of the Indian people of ancient times.

With the above facts, it is very much clear that India has always been on the developing path. Also, it has given some amazing art and architecture to the world.

Before going on why to invest in Real Estate in India, let’s have a glimpse of Indian Culture and heritage. This may give you a fair reason to invest in Indian Real Estate sector. Sounds interesting? Let’s go ahead.

Real Estate in India

At present, this industry in India is the second biggest employer after agriculture. Thanks to the liberalization and economic reforms which were initiated by the Indian Government in the year 1991. Because of this step, business became easier and companies started earning profits. Before this, there was too much interference of the government to run any business.

The real estate sector involves four sub-areas – housing, commercial, retail, and hospitality. The growth of this trade is supplemented by the development of the corporate workplace and the interest in office space along with housing needs. This sector ranks third among the 14 noteworthy sectors, in respect of direct, indirect and initiated effects in all segment of the economy.

One key aspect of the growth of this sector is, more investment of the Non-Residents Indians (NRI) is expected. The investment could be as a short-term investment and long-term investment. This will be a big booster to the Indian economy for sure. All these give you a good reason to consider for investment in Real Estate in India.

Segments like IT/ITeS, e-commerce, retail and consulting have shown great interest in office space lately. The workplace space ingestion in 2017 over the best eight urban communities added up to 18 million square feet (MSF) as of September 2017. Annual absorption of office space in India crossed 42 million sq ft in 2017, signaling the continued growth of the segment. Out of the key markets, Bangalore and Delhi-National Capital Region accounted for over 50% of annual leasing activity. Private value inflows in office and IT/ITES land have grown 150 percent in the vicinity of 2014 and 2017 supported by a solid fascination towards office part. In 2017, new retail space of 6.4 million has completed and supply of around 20 million sq ft is anticipated in 2019.

About housing sector too, the Real Estate market is doing pretty good. In several Tier-1 & Tier-2 cities like Delhi NCR, Mumbai, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad and more, people are willing to have their own house. The sales and demand for the same have been increasing. Several developers whether PAN India or local ones are launching their new projects.

Summary

It is beyond doubt that the investment in Real Estate in India is a very good idea. There was some shortfall due to the sudden implementation of some reform measures, but these things happen in business. At present stage, depending on your capacity and the purpose of investment, you will get a lot of good options to invest. So why to wait? Start by hunting the best for you now!