The real estate sector in India is on a growth path. The development in the real estate market encompasses growth in both commercial and residential spheres. Further, it has been estimated that there would be shortage of houses , which provides a big investment opportunity, according to a report by the Technical Group on Estimation of Housing Shortage. The popularity of the Indian real estate sector is also highlighted in a report. The report focuses on various places, commercial and residential developments. These places include Jodhpur, Agra, Punjab, Uttar Pradesh, Haryana, Madhya Pradesh, and Rajasthan among others.
With the pace of time the Indian real estate market is emerging as one of the most lucrative options for investment in the world real estate sector which has given rise to Residential projects in Mumbai. Investing in real estate India is safer than other countries, as Indian economy is growing at a very fast rate and survey shows that real estate India shall maintain its steady growth in future. While international developers and builders have registered their strong presence in Indian real estate market, more than dozen Indian companies have diversified their portfolios and entered into the field of real estate thus giving tremendous boost to the Indian Properties.
Mumbai ranked third as the most promising investment market, and first as the most favoured development market. "Mumbai is clearly the best performing and most active real estate market," the report says. Despite some concerns about oversupply, residential projects in mumbai have potential for most real estate sectors remains promising in this city. In terms of investment, buying opportunities "ring out" in the retail, apartment and industrial sectors.
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