Real estate is a sector which is constantly flourishing and expanding in India since post independence. Every year new developments are taking place which is taking real estate to a new height and simultaneously generating more franchise business opportunities. With booming Indian real estate, the sector has opened a plethora of career opportunities and offers one of the widest career choices in business world today.
Property or real state sector contains a better money growth than other sectors, and on the other hand, risk factor is minimum here. Real estate in India, due to this reason, is one of the biggest growing sectors. Buy a property in India is also suitable for investors due to emerging new renting system. After buying a house, one can easily get a well paying renter. Information Technology has been one of the biggest property in turkey drivers of real estate in India so far.
Take the case of any IT cities, such as Gurgaon, Noida, Hyderabad, Chennai and Pune. The real estate of each of these cities has witnessed sea change on the back of IT boom.The other factors which boost the real estate and infrastructure development in India are that generally acceptable English language is widely spoken here and talent pool is unlimited as the country churns out around 15 million graduates every year. As compared to the United States, the man power cost is also cheaper in India by 10 -14%.
The cooperative assistance from the government has further encouraged liquidity flow into the Indian real estate market sector. The foreign contributions in the Indian Real Estate Fund have been witnessing a steady rise of 40-45% per year. This is a significant component of the Indian realty market flooded with Indian and foreign financial institutions. The profits have encouraged financial assistance from not only domestic funds but also lured many foreign investors to participate in the Indian Real Estate Fund.