Commercial Real estate is a sector which is constantly flourishing and expanding in India. 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.
Commercial Real estate sector contains a better money growth than other sectors, and on the other hand risk is minimum. Real estate in India, due to this reason, is one of the biggest growing sectors. Buying a property in India is also suitable for investors due to emerging new renting system. Information Technology has been one of the biggest drivers of real estate in India so far.
The government of India has been playing proactive role in the real estate market by forming of the liberal policies, under which along with domestic developers, many foreign builders are coming to participate in the Indian real estate market. The foreign direct investment can be extended to as much as 100% in the construction and development sector.
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.
Indian Commercial real estate developers form an integral part of the Indian real estate market. They together with the architects, engineers and managers have been successful in bringing about a revolutionary change in the real estate market in India. Under the sincere efforts of the Indian Real Estate Developers, Indian cities have witnessed a rapid growth in the construction of residential and commercial projects.
Factors favoring the growth of the Real Estate Developers in India
1. The increasing growth in residential properties due to lower interest rates, easy availability of housing finance, rising income, better job prospects and increase of nuclear families.
2. The emerging hospitality or hotel industry due to the exceptional boom in inbound tourism and the IT sector.
3. The development of the special economic zones as real estate property.
4. Moreover, the growth of retail market in India due to increasing demand from retailers, higher disposable incomes and opening up of FDI in Retail and the burgeoning IT and ITES industry are also responsible for the boom in the Indian Real Estate Developers sector in realty market.
Commercial Property Business
A very booming commercial property business is Retail sector. Shops, theatres, malls, Multi Shopping spaces etc. are the mostly interesting and profitable businesses to deal with. This type of commercial property usually has a larger turnover due to the constant inflow of new entrepreneurs and the lesser failure rate of new retail businesses.
Commercial real estate developers are experts in marketing, preparing plan and executing plans. Government is also helping such commercial real estate developers by providing them governmental contracts at regular interval. Pacifica Companies is one such commercial real estate developers in India. Pacifica is one of the best in industry with many projects completed and running. It is the trusted name in both kind of developments commercial real estates and residential real estate. If you are searching for some experienced and trusted real estate developer in India, contact Pacifica Companies for proper guidance.
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