The Indian real esate Market is really taking off in ia big way. it is perhps the only market in the world worth investing in. the other would be china. However there are tight regulations about investors of foreign ownership actually getting in on the action. India on the other hand is beginning to allow this is a big way. which will be a win-win situation for the both the country and the potential buyer. We shall see how things progress. ravi benjamin
The North Bangalore market looks to be increasing in values as the government clamps down on land conversions going on.
ReplyDeleteBangalore Real Estate prices have escalated another 16% this year 2011. This is supposedly in a average to slump time. The effect of higher interest rats coupled with rising prices have put demand in a quagmire for now. However upward pressures will always follow due to sheer population growth. So even though the appreciation has been big this year you can expect it to get even larger. Bangalore has real estate prices that are literally a bargain as compared to Mumbai and New Delhi.
ReplyDeleteIn a country of a billion people, how could the outlook be anything else than electric. Lets just hope that their Government organizations begin to decrease the amount of red tape required to do business there!
ReplyDeleteNot sure if that will ever happen. Or how long that will take unfortunatley. A good local on ground can do wonders to help navigate the system.
ReplyDeleteThe system needs a huge overhaul. From permitting process to bank sector, The customer gets a real raw deal as he is not protected from all o difficulties that the builders have to endure. The customer need to be protected. And the building process needs to be streamlined in a big way.
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