Real Estate India On A Surge

The increasing demand of real estate India property by the domestic and foreign customers has surged rapid economic growth. It is assumed that real estate India market may be overheating.

The Prices of Real estate India has acquired unprecedented rises by over 50% annually in some cities i.e Bangalore, Delhi ,Mumbai, Chennai, Hyderabad ,Pune of India since 2004-05.

The factors unprecedented rises in disposable incomes, sharp increases in global liquidity, selective capital account liberalization, looser credit policies, a greater availability of leverage due to financial liberalization and a consequent increase in mortgage lending and price increases result in the boom of real estate India.

The too much rise in property so fast becomes the matter of concerns and the various factors such as economy rate growth of 7% to 9%, rising incomes and a growing middle class, a favorable demographic structure, the nuclearization of families and subsequent drop in family size, increased urbanization (currently 30%), high population concentration (one in every six people in the world lives in India) and greater financial and capital market development gave a boost to this real estate boom.