Trend of Indian Real Estate Market
The real estate sector is reaping a tremendous boom under the liberalized economy of India. On overall the $12 billion market of Indian real estate market is fetching towards $50 billion by the end of the year 2010. This tremendous growth in Indian real estate market is due to new technological innovations, new norms, policies and world class facilities, in the hospitality and entertainment sector. Real estate in India is emerging as one of the best investment areas for both the domestic as well as foreign investors.
Rise in Real Estate
Real estate mentors define that the trend of real estate will continue its drive due to the booming IT sector in India. Also the interest rates are going to decrease in the coming financial year. The factors such as favorable interest rates, economic prosperity, change of attitude among the youth and liberalized FDI regime are contributing to set a special trend in Indian real estate market.
Along with the rise of Tier I and Tier II cities the property investment opportunities are increasing day by day. In addition to this FDIs are allowed in India to involve in real estate development. Also the Indian Government is doing their best to increase the demand for real estate sector by supporting FDI and NRI investments.
In the recent survey, it is revealed that India grabs fourth position among the top four Asia destinations for foreign direct investments. It stood as a fifth largest economy in the world and second among emerging nations. As India is a democratic country with transparent property laws, there is a fascinating growth in the real estate market than any other countries in the region.
Uttarakhand leading Real Estate empire; a success story, twenty years in the making.Shikhar Group monumental journey began two decades ago. Over the years, Shikhar Group has grown into a Real Estate empire offering a multitude of residential projects in Uttarakhand namely Nainital, Bhimtal ,Bhowali, Saatal, Dhanachuli-Mukteshwar& upcoming- first 5 star resort with ITC GROUP in Uttarakhand India.
Shikhar Group Residential Projects :
Shikhar Group is specialized in residential property projects in Nainital,around Nainital,Bhowali,
Bhimtal, Dhanachuli Uttarakhand.Shikhar Group already has several Residential Projects including – Nirvana at Sunny Lake in Bhimtal Sattal Road, The Shikhar Heights Bhowali, Pine Greens Bhimtal, The Etheria-Super Luxury Residential Villas at Dhanachuli, Raksha Retreat in Saatal & many more upcoming projects.
Shikhar Group in Real Estate Projects:
Real Estate in Uttarakhand comprising both Residential Real Estate and Commercial Real Estate is ready to welcome investors. Rapid development of infrastructural facilities at Nainital, Bhowali, Bhimtal, Saatal real Esate has heightened the property prices. It has also elevated residential property in bhowali, nainital, bhimtal,saatal, mukteshwar Buying and Rental of all kinds of properties in Nainital, Bhowali,Bhimtal are on rise with the booming real estate. Moreover, increasing number of residential and commercial complexes, multiplexes, malls, etc. have a very positive effect on the market
of real estate Bhowali, Nainital,Bhimtal,Uttarakhand,India.
Some crucial factors that tilt the real estate property equation in India:
: Flourishing Indian Economy
: Growing IT Sector
: Liberating Economic Policies
: Developing Middle Class
: Massive NRI Investments
: Substantial FDI Investments
Due to the above said reasons the NRIs are keen to invest in real estate back home. While many of them already invested in second or even third homes, the new immigrant NRIs are looking at better opportunities to invest in Indian real estate. Also, most of them are seeking the services from property management companies in India.
According to survey the NRIs in the age group between 22 and 25 are showing their interest in investing on Indian real estate market at present. As the prices are under appreciation, they can yield good price on it and they use this fund for their foreign education.
A part from this most of the NRIs wants to invest in apartments, villas where education, healthcare, transport and other world class facilities are easily accessible. Hence, they are keen to invest their funds in major cities where these similar facilities are offered.
The Shikhar Group is one such residential and commercial property development company offering world class amenities including parks, educational institutions, health care facilities, eco friendly renewable energy, water treatment plants and many more. We provide our world class services for projects, commercial, industrial projects, hotels, IT parks, townships and for mix use projects.
Experience the extravagant life style in Bhowali, Nainital, Bhimtal land surrounded by beautiful scenery of mountains and green forest. The scenic Land conjures up an idyllic atmosphere that invites your being, appears soothing to your senses. A tranquil abode amidst natural surroundings, far removed from the urban hustle-bustle and the hectic commotion
imposed on us. We provide you reliable and affordable Rresidential flats in Nainital,bhowali, bhimtal at best prices.
Bhowali, Nainital, Bhimtal,Uttarakhand can be the best choice for buy residential property.The credit of Shikhar Group being Uttarakhand's top property real esate developer goes to its highly talented group of professionals, carrying an in-depth knowledge of the Uttarakhand property market. Our professionals are highly motivated and deal with people with a lot of motivation and professionalism. Shikhar Group have emerged as one of the most preferred and trusted brand for Nainital,Bhimtal,Bhowali,Uttarakhand Properties,real estate.Get details of India real estate market trend,Uttarakhand in our website www.shikhargroup.com.