The complete scenario on Indian Real Estate Market – Know before you invest!

Everybody has the dream of having his or her own property. It is like the peace of mind and the satisfaction that no matter what, you will never have to experience the pain of not having a property of your own. Not just the peace of mind, but also the assurance that it is a big investment that will certainly fetch you huge profits, when you sell the property.

However, investing on the real estate market is not an easy task. And in a country like India, where there is a huge population and a huge demand of properties, it is very important that you take careful decisions on your investment plans. The Indian real estate market is constantly growing and there are some areas of the country that would fetch you great returns and profits, if you choose them to invest on.

 

The Real Estate Market Scenario in India:

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India is one of the leading countries in the world, when it comes to real estate business. Over the last few decades, it has constantly grown and shown positive outcome in the industry. It is quite obvious that this has drawn numerous investors from across the globe to invest on this market.

As per the Indian real estate market report, the second largest industry of India, after agriculture is real estate. In fact, this industry promises to grow further 30%, in the coming decade.

The sectors of real estate that are most popular in India are –

  • Housing
  • Retail
  • Commercial
  • Hospitality.

Along with these, the corporate sector is also constantly increasing. This is because of the growing demand of the office buildings in urban as well as semi-urban setting.

 

The Popular Sectors of Real Estate Industry in India:

Though almost all the major cities have a great growth potential and is a good choice of investment in the Indian real estate market, there are some that are on top of the priority list. These include –

  • Mumbai
  • Delhi and NCR or National Capital Region that includes Gurgaon, Noida
  • Pune
  • Bangalore
  • Ahmedabad
  • Chennai
  • Kochi
  • Dehradun.

Non-resident Indian (NRI) investments are growing in these sectors. These investments include both the short term and long term investments.

 

Indian Real Estate Market Forecast 2016:

indian-real-estate-market-forecast-2016

As per the reports of the real estate market in India, by 2020, the real estate market in the country will touch US$ 180 billion. About 5 to 6% of the Gross Domestic Product (GDP) of the country will be contributed by the housing sector alone.

There is a high possibility that the Indian Real Estate Market size will gradually increase by 11.2% by the end of 2020. This 11.2% Compound Annual Growth Rate (CAGR) is applicable on hospitality, retail as well as commercial sectors. As these sectors are individually growing in India, it is creating a great platform for the real estate market as well.

Within the months of April and June of 2016, there has been about 50% growth in the commercial and corporate real estate space take-up, most of which has been centred around the cities like Bangalore and Delhi-NCR. About 7 million square feet of space has been taken up by real estate investments in cities like Hyderabad and Mumbai. Even cities like Kochi that show a great potential in terms of hospitality and tourism and a huge amount of foreign currency, are not lagging behind, when it comes to real estate investments.

 

Factors to Consider Before You Invest:

As the Indian real estate industry is constantly growing, it is a great decision that you invest on a property right away, so that your returns and profits are huge. However, before you do so, there are a few factors that you need to take into consideration. These include –

 

  • Your purpose of investment:

Whether you are buying a property for self-use or you would be leasing it out or if you want to resell it in the years to come, needs to be decided. This will help you to choose the best property and the right investment amount that you should engage.

 

  • The value:

The value of the property is one of the most important factors that you need to consider before purchasing a property. This is because; the location, the Indian real estate market growth rate and the property features will determine the value of the property.

 

  • The financial condition:

Investors must realize that there has to be a continuous cash flow, before you actually decide on to investing on a property. It is only with a sound financial condition that you will be able to make the move.

 

Choosing the Right Real Estate Investment Market:

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Now that you have taken the decision of investing on the Indian real estate market, it is a must that you choose the best place to invest on. Since India is a vast country, it is a must that you choose the state or city wisely. With the right decision, you will be able to make a swift profit. With a careless decision, you might have to wait for long to get the desired return.

 

Delhi and NCR, Mumbai, Pune, Bangalore, Hyderabad, Kochi or Coimbatore and the real estate market in other states of India are some of the most popular places. As commercially growing sectors, Mumbai and Delhi/NCR have a very high price of properties there. Certainly the returns are also huge. In case of Pune, Bangalore and Hyderabad, you will find slightly high prices for properties both for housing as well as for corporate sectors, as there is a growing demand of commercial properties. But, one state that has immense growth potential in the real estate sector is Kerala. The commercial sector and tourism sector is very promising in the state of Kerala. Kochi is a leading commercial or corporate hub of the country and hence, fetches a huge population to this city. Investing on a property in this city will prove to be hugely profitable due to the low price of properties as compared to the other cities and states, but hugely profitable returns.

 

 

Sponsored:

TBPL or Thrissur Builders Pvt. Ltd. is one of the leading real estate builders in Thrissur, Kerala offering luxury and premium apartments and villas to customers without compromising in quality and the traditional architectural styles. TBPL had always proved every bit of efficiency and honesty in completion of projects as per the schedule and requirements of customers for customer’s satisfaction.

 

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