India Property

Real Estate India is one of the main theme ofThe Essel Group shall develop 45 entertainment
diversification for national and multinational investorscenters in smaller cities across the country. To be
with particular emphasis of buying residential & industrialdeveloped under E. City ventures, the project size is $
properties in Delhi & N.C.R. The main reason behind this453 million and the company will raise $ 145 million
logic is that the economy of India has achieved athrough F11 placement. In addition, zoom motels is in
sustained growth and further progressing day by daypact for 11 budget hotels in association with IRCTC
in all fields i.e. industrial production, informationwith an investment of Rs.350.00 cores.
technology, agriculture, real estate, travel and tourismReal Estate India market News reported that nine key
etc. On top of it, the big businessmen of India havetrends were depicted which will shape the business
given a catalytic effect to its economy by purchasinglandscape of the Indian real estate in another 3-5
big industries through out the world in recent past in theyears:
field of steel, aluminum, I.T. and other various sectors.Ø A shift in the project magnitude getting bigger
Since property in India is becoming a heaven for safeØ Great geographic de-concentration as the
investments, FDI has increased by 100% within twofocus of developers shifts from metros to smaller
years comprising major share in real estate andcities.
infrastructure. Moreover, the country is trying toØ Emergence of some national level developers.
successfully host the common wealth games in 2010Ø Consumer acceptability towards leasehold
and cricket world cup tournament in 2011. There is direresidential Properties will increase significantly.
need to emphasize the development of real estateØ Industry will witness a shift from land-focused
and tourism related infrastructure in Delhi & N.C.R totransactions to Development transactions.
face the national and multinational influx in the comingØ Upward movement of construction giants on
years, as there will be great need of habitation unit asthe value chain.
well as travel and tourism sector. In addition, Delhi hasØ Emergence of a stronger real estate capital
begun the process to bid for the Asian games in 2014.market is imminent.