REAL ESTATE INVESTMENT IN INDIA: An Overview
Investment in real estate in India is Real Investment for valid reasons. India is one of the fastest growing economies, has an investment friendly business environment, has a steady real estate market, etc. The list is long. >
Real estate investment Commercial
Globalization has opened up the Indian economy like never before and international market is eying India for its untapped humongous consumer base. India is on the ‘must be’ list of MNCs, all global players want their operations to cover in India. So commercial spaces have a huge demand and the rentals one can get are very high.Buying property in India for commercial purpose is surely profitable. It is much safer than investing in commodities like gold and silver, bonds, volatile share market. Real estate is the most liquid asset today. It ensures steady income from rentals. Capital appreciation is also assured.
Real estate investment residential
It is a golden opportunity for NRIs to invest in real estate in India. It is the best time to buy and chances of the housing bubble that shook US is not likely to happen here. The economy in many EU countries is not very promising, and with the value of the rupee depreciating, the time cannot be more conducive to buy property here. In some countries owning property has restrictions, in India it is relatively easy with minimum rules and regulations to abide by. There is a tax benefit for NRIs. They have to pay only stamp duty and registration fee. While selling they have to pay capital gain tax. There are real estate agents who provide complete services from documentation to registration. Exclusive projects to woo NRI community towards real estate investment are going on in full swing. They have a gated community concept, completely furnished, landscaped, club house, 24/7 security and a host of other amenities to attract them. The demand for housing is increasing in cities and owning a property in the city is hugely beneficial. The value of the property is definitely to go up in future.
Property investment in India has never been so lucrative. Everything is in your favour. All you have to do is choose the right location, make up the mind about the kind of property (commercial /residential), calculate the rate of return it can give, analyse the purpose of purchasing (long term benefit /short term gain), decide on the budget (luxury /modest).