There has been sheer urbanization taking place all around. Whatever
is the reason but it is grossly affecting positively to the economy of the
nation. India should be the proponent of this modernization and development.
With this there lie ample opportunities for the growth of real estate industry.
The consequence is that this will pave the scope for jobs for the fresh
graduates. They will be positioned as engineers and architects. And indeed such
things are happening around. High rise construction, roads, highways and
bridges are taking place to offer availability and accessibility. These are
intended for connectivity to the residential units and office complexes and
warehouses. This is how the real estate sector in
India is taking the stride by availing builders and contractors.
The revolution in construction projects has just stepped in.
And it has been reciprocated and encouraged further. The immovable properties
are being sold like hot cakes. People are just after them. They are getting
into the affairs of selling and purchasing of lands and buildings. It is
understood by them that as the days are passing by the prices of the properties
are soaring high because of commercialization. Upon investing on them they will
offer more return than
fixed deposit. Once purchased, they can be put for resale or lent in
rent or at lease. This will be in accordance to the benefits both to the owner
and to the person who has hired them.
Indeed the real estate industry is doing well and has eases
the severities of revenue generation. The government upon seeing this has
liberalized many policies regarding this and has even promoted FDI regimes. This
has been the core factor for NRI
investment in India. The overseas Indians are buying lands and
properties so that they can be put for business purposes or possibly for their
comebacks.
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