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Investing in Indian real estate is profitable

Indian properties, of course, are catching up today and are riding a wave of breakneck growth. A large number of Indian real estate companies are entering this sector to take advantage of the opportunities. Indian property is a growing sector for both home seekers and real estate investors.

After a slow start, foreign direct investment in Indian properties is poised for rapid investments of more than US$10 billion, likely in the near future. The magnetism of Indian real estate is now undoubtedly making international investors pour millions of pounds into Indian properties. From financiers to consultants, construction companies to developers, the Indian real estate sector is undergoing a huge change in its operations.

For Overseas Indians (NRIs) and “People of Indian Origin” (PIOs), investing in property in India is emotionally rewarding and monetarily rewarding because it helps them maintain the bond with their homeland.

Kolkata was once considered as one of the cheapest cities in India, but today the development in Kolkata has gone through an absolute transformation. It showed significant improvement in all areas of real estate i.e. manufacturing, residential, retail and commercial. It has completely shed the lazy town impression and is turning into a glowing town. Property Kolkata is on an advanced path as there are huge developments taking place in the city.

With many multinational companies setting up shop in the city, it could see an unexpected increase in the number of potential property developers. It is intended to maintain global subsistence standards even by spending more money and using other resources. The Kolkata property market is buzzing with activity as it is welcoming renovations and new builds. Cool suburban areas with new properties including South Suburban City, South Dum Dum, Hügli, etc. It provides a nodal point for the northeast region of the country and is therefore a key location for all commercial and retail activities.

The introduction of international companies has an impact on Mumbai property values. The arrival of multinational companies, information technology companies and other large organizations in Mumbai has led to hidden demand for high-end and luxury properties. The professional staff of these organizations are paid high salaries, so they want fully furnished luxurious houses instead of regular apartments and affordable housing in Mumbai.

New developments such as the arrival of Airolo and the extension of highway roads also stimulate the need for land near these areas. Mumbai property prices in places like Bandra have also risen. Land costs have already touched Rs12,000/per square meter in the adjacent areas, where financial banks and Infosys have their offices. Many non-resident Indian investors are buying land here for investment purposes, thus contributing to the development of the country.

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