Real Estate is seen as backbone of Indian economy. Real Estate sector was ignored by investors for a long time but now it is the most favorable investment option in India. The
popularity of real estate in India is determined from the fact that to buy a piece of land in the metropolitan area requires a person to pay a big amount. Most of the real estate builders are now focusing on 3-tier cities. Various builders are now investing huge amount to buy the large pieces of land.
It is clear that not only the metropolitan cities but also the 2-tier and 3-tier cities are also wooing investors. Another reason of this real estate boom in India is due to the emergence of shopping malls. Investors too are showing interest in malls in various cities.
The charm of real estate in India has drawn unwanted attention of mafia and gangster in this field. So, government has made strict rules in investment laws for real estate.
popularity of real estate in India is determined from the fact that to buy a piece of land in the metropolitan area requires a person to pay a big amount. Most of the real estate builders are now focusing on 3-tier cities. Various builders are now investing huge amount to buy the large pieces of land.It is clear that not only the metropolitan cities but also the 2-tier and 3-tier cities are also wooing investors. Another reason of this real estate boom in India is due to the emergence of shopping malls. Investors too are showing interest in malls in various cities.
The charm of real estate in India has drawn unwanted attention of mafia and gangster in this field. So, government has made strict rules in investment laws for real estate.
