The Future of the Indian Real Estate Market

In the current year, as predicted, the Indian realty market is definitely, scaling new heights. Though the same has been going through a lull some time back, 2013 has brought back the bang in the segment. Marketers even watch out for the new bills and acts like Real Estate Regulation and Land Acquisition Bills will be passed. Some even look forward with high expectations that the central bank, the Reserve Bank of India will also end up reducing the interest rates. Such expectations and if actions are taken, they are expected to not only boost the sentiments of the end-users. More importantly, since the present finance minister, P.Chidambaram has asked the real estate developers to sell off their unsold inventories at a lower rate; there has been a strong expectation that real estate trends are going to receive a shot in the arm. 

In terms of real estate investments, even that can be seen going up as properties are yielding good price in the near future. More and more real estate developers are thronging the realty market and apart from tier I metropolitan cities, even tier II cities are coming up in a great way in the Indian real estate market. With Foreign Direct Investment being initiated in the fields of retail and other related segments, the Indian realty market is bound to rise to newer heights. The already established metropolitan cities are expected to see a rise as well as other; listed tier II cities will rub shoulders against their Tier I counterparts. Since, the Indian realty market is currently offering high returns on investments; the future seems to be bright for the same.

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