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Real estate growth potential in India and the significance of Gurgaon and Mumbai

 

It is noteworthy that the economic trend of a country is on an ever changing roller coaster ride. However, there are some resources which remain stable across turbulent times, namely land, water and water. Not only is land a source of survival in terms of shelter but also a factor for economic stability as an investment. In order to ensure that one’s acquired land makes a good investment option, there is a need to refine it, redevelop it and renovate it based on the requirement of changing times and the needs and wants of the contemporary generation. This is also why property advisories come into picture besides property brokerages and developers. While the developer ensures that in the competitive market of selling bare essential a number of amenities are provided, it becomes the duty of a good property advisory to help potential buyers – both home seekers and investors – to provide an objective analysis of the best possible choice available for them. This is because while there is no dearth of developers offering luxurious or affordable housing options with multiple number of amenities, there is massive ambiguity regarding verifying, vetting and distinguishing those who present a rosy illusion from those who can actually stand true to their commitments.

 

While developed countries including European nations, America, Japan etc have established and reputed advisory firms, the trend is picking up in India. Real estate development in countries including India and China is going to reap huge profits in the near future, should buyers make the right decisions with the help of genuine and authentic realty advisory and brokerage firms. In India, particularly, many economists have predicted that the economy is going to be strengthened significantly due to real estate investments. Places like Gurgaon, Delhi, NOIDA, Mumbai, Bangalore and Chennai are profitable regions in the country to invest.

 

Historically, India has made architectural history. Considering that history is bound to repeat itself, as it inevitably does, those who invest in buying property in India from across the globe might be sitting on a potential master pieces. Given that a number of developers have roped in world class experts such as designers for landscapes and designers for structure, the final product will be the best of both worlds. Some of these developers include BPTP, Mapsko, DLF, Oberoi Realty Ltd., Sunteck Realty Ltd. and Lodha Group.

 


BPTP Vissionaire Homes

 

In the National Capital Delhi, while there is tremendous development in Noida and Gurgaon are considered to be quite favourable locations due to ample amount of land and potentiality of Indian developers, most of whom have entered into joint ventures or partnered with companies which have acquired a global reputation. Moreover, in comparison to Delhi, the property rates in these areas is considerably quite favourable. While Mumbai has seen development more vertically than horizontally, areas of Navi Mumbai, areas bordering Mumbai-Pune Expressway, the Western Expressway and the Eastern Highway have also a tremendous potential of growth for both residential and commercial developments.

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