Emerging out to be a fairly developed economy of the world, Indian real estate business is no less than a thoroughly enjoyable roller coaster ride. The industry has evolved exponentially since the last few years and would continue to do that as there are more such opportunities in future. There have been many factors leading up to the development process of real estate properties in our country; however, only a few of them could continue to impress us. With such adaptation of changing dynamics, the property segment is now ready to evolve and start afresh by taking help of new initiatives and regulations introduced recently.
When we mention residential real estate market, it is impossible not to talk about the growth graph that it has projected with a phenomenal performance. Thus, making it a profitable segment, which is capable of performing much better if provided with appropriate opportunities. Residential property has always been in news because of its unparallel growth structure and a zest to be in accordance with the fluctuating market conditions. This factor became a stepping stone for the housing market of India to be progressive and attract more number of investors towards it.
Another aspect of the residential real estate that has been driving demands is the fact that it is one such market that has showcased a record braking numbers since 2010. Needless to say, the first quarter of 2016 was indeed a turning point for this market as it also got attention of actively participating developers in the country. It was only after builders recognized a relentless need of residential development that they decided to concentrate and put all their resources in this market segment. However, requirements kept evolving, which led to an unstable housing industry that needs to be more careful and prepared when it comes to unexpected risks.
Lately, there has been a rise in the construction of luxury housing sector as per the demands of NRI investors. This factor has been a reason for rejoice for realty developers as now they have more demands in high-end property and that too coming from global investors. The trend started off with great vigour and is continuing to capture interests of investors who are planning to settle down in India in near future. This sudden boost in the luxury housing has also impacted India’s economy by ensuring that there are high profits associated with it. Therefore, going by the demands and market performance, it wouldn’t be wrong to quote that the residential real estate is ready for its much-awaited transition towards other segments and luxurious apartments being one of them.
In order to comprehend and act upon the growing market uncertainties, it is first significant to cope up with the dynamics of ever changing numbers. If real estate investments are not in accordance with the present market rates then it is going to have a huge impact on the economical condition as well as developers’ profits. Not only that, a buyer also has a huge sum of money that they are betting upon and for that certain security is needed. Therefore, before making an investment in real estate one must understand the risks and potential challenges linked with it.