Relaxed FDI norms, conducive interest rate cuts, facilitation of REITs and attempts to decrease ambiguity through the ‘Real Estate Regulatory Bill’ are fostering growth, notes PropIndex, the India Apartment Index quarterly report by Magicbricks for April-June, 2015.
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Support from the BFSI fraternity and housing finance institutions facilitates Indian buyers. India continues to attract massive foreign investment in infrastructure, commercial and hospitality.
The clear mandate of the new government and its efforts in an endeavour towards achieving policy transparency and liberalisation in FDI are noteworthy. Studies point out a deficit of six crore homes in the country. The ever-growing population, shifting socio-economic standards and the population’s rising affluence compels buyers to push the housing demand.
In Mumbai, an under-construction property can be traded at discounted prices to fully finished projects within the same vicinity.
Here is a look at the infographics on Mumbai real estate market -
Support from the BFSI fraternity and housing finance institutions facilitates Indian buyers. India continues to attract massive foreign investment in infrastructure, commercial and hospitality.
The clear mandate of the new government and its efforts in an endeavour towards achieving policy transparency and liberalisation in FDI are noteworthy. Studies point out a deficit of six crore homes in the country. The ever-growing population, shifting socio-economic standards and the population’s rising affluence compels buyers to push the housing demand.
In Mumbai, an under-construction property can be traded at discounted prices to fully finished projects within the same vicinity.
Here is a look at the infographics on Mumbai real estate market -
Source - TOI
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