Property evaluation in India
June 24th, 2010
The value of real estate in India is rising fast, and not just in the biggest cities, but in the small towns too. The current boom in technology and the outsourcing opportunities that India is offering the Western giants has spread across the country and today, more and more Indians are buying their own homes. The Indian economy is actually growing at rate that is on record as faster than 8% a year. Indian real estate investments are attracting more investors every year and many of them come from the developed world, bringing in the boost to the Indian economy from abroad!
India is believed to be one of the last few countries in the world today, where there is primary demand for real estate in comparison to individuals trading up. This research revelation says it all for the Indian real estate investment market. Research further reveals that the Indian realty sector is estimated to grow from the $12 billion on record for 2005 to $90 billion by 2015!
Posted in Real Estate
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