With India opening up in the Realty, Agri & Retail sectors, there will be tremendous growth for a country growing at 7.1%. Foreign Direct Investment is now permitted in Realty. Indian realt estate is on the rise. Realty can give an average return of 8%. Realty Research has it that in Tier I cities, realty prices are doubling in one or two years & prices are skyrocketing in Tier II and Tier III cities. The IT & the BPO boom, the Tourist Boom & the Hotel Boom - all are factors which usher in the development of Realty. Here we give a list of buyers & sellers ! ( In Tier I cities like Bangalore & Bombay, residential prices have gone over Rs 5000 per sq feet & commercial prices over Rs 10000 per sq feet ). Kochi is short of flat and villas. According to Goldman Sachs, the top 6 economies of the world in 2050 will be China, USA, India, Japan, Brazil & Russia ! Commercial Property is growing at 30% & the need for IT space is estimated at 66 million sq feet & commercial space 15 million sq feet !
The 15 billion dollar realty market is expected to reach $90 b by 2015
Real Estate II - Buyers
Articles on Real Estate
7) The Growth of Indian Realty
For Sale
4.5 cents plain land near Mammiyur, near Guruvayur . 6 lk per cent
463 sq feet flat, very near Guruvayur Temple 1 BD
1234 sq feet flat, 3 BD + car porch at Poonkunnam, Trichur
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