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Old 17-03-2008, 08:50 AM
nancyarora2020 nancyarora2020 is offline
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Today the scenario has changed amazingly, to the benefit of all those connected with property in India. For the last few years everyone in India has been talking about the property boom in the metros of India. However the sale price of large properties in the heart of Mumbai, has stunned even the most optimist of investors. An amazing $100 million dollars for a relatively small property of 5 acres seemed unrealistic, but as days went by everyone realized that the property boom in India had finally arrived and would stay for a long period of time.There is no real survey that has been done on the kind of return one can expect from investing into property in India. However, figures on the advent of foreign investment, and into the kind of developments ongoing speak for themselves.The outlook for capital invested in real estate in India is very promising. The demand will exceed the supply for many more years, after all there is a population in excess of one billion people. The economy is buoyant, the demand for commercial and residential space will only keep rising. The advent of large overseas commitments in this sector, followed by the rise of corporate developers has seen the development of even the smaller cities such as Pune, Jaipur, Chandigarh etc. Most of these indian property developers are looking at a return of 15 to 25 %.

Last edited by totallyproperty; 17-03-2008 at 09:06 AM.
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