Real estate- The hottest destination

Kolkata Properties - Real Estate India Real estate sector is always seen as backbone of Indian economy. This sector was ignored by investors for a long time. But now a days, it is the most favorable investment option in India. The popularity of real estate in India can be determined from the fact that to buy a piece of land in the metropolitan requires a person to pay a huge amount. Most of the real estate developers have now shifted their focus on 3-tier cities. Various developers are now investing huge amount of money to buy the large pieces of land.
It is quite clear that not only the metropolitan cities but 2-tier and 3-tier cities are also wooing investors. Another symbol of this real estate boom in India can be seen with the emergence of shopping malls. Investors are also showing interest in malls in lucknow and haryana kind of cities.
The charm of real estate has drawn unwanted attention of mafia and gangster in the field. Therefore, government has made changes in investment laws for real estate.

4 Comments

  1. TomSachdeva
    Posted March 19, 2009 at 2:54 pm | Permalink

    I love India for the amazing opportunities it offers , even with all the global market meltdown , India seems to be the least affected , I think its always smart to invest in real estate in an economy which is global in itself with its billion people.

  2. Suresh
    Posted May 4, 2009 at 4:24 am | Permalink

    Hi
    Real estate prices has gone down in India in the last 6 months. Do you think it will go down more or should stabilize at this level??

    Pretty good blog. All the best.

    Regards Suresh

  3. Kavitha
    Posted May 22, 2009 at 4:37 am | Permalink

    Recession has affected the Indian real estate market.Now it is the Buyers market.Right time to negotiate for a good deal.

  4. Real Estate Leads
    Posted June 3, 2009 at 9:02 am | Permalink

    Yes i aggree that india is the very hottest destination

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