The levels of income of rise of a middle-class of breeding with the increase in the nuclear families, low interest rates, the modern attitudes towards the owner of housing (the Middle Age of a new owner of a house in 2006 was 32 years compared with 45 years one decade ago) and of a change of attitude among the young active population of that of �except and purchase � �purchase and refund � combined all to amplify the request for housing.
According to �horizon of housing of India 2007-08 �, a study by the company of research, Indicus Analytics, there will be request of more than 24.3 million new residences for individual-food in only urban India from here 2015. Consequently, this segment is likely to throw enormous interesting investments. In fact, a US$ envisaged 25 billion investment will be required during the five years to come in housing urban, known as a report/ratio by Merrill Lynch.
At the same time, the rapid growth of the Indian economy had an effect of cascade on request so that the commercial property helps to meet the needs for the businesses, such as the modern offices, the warehouses, the hotels and the shopping malls with the detail.
The growth of the commercial condition of offices is carried out by industry in full expansion of technology of provisioning outside and organized information (IT) and with the detail. For example, it is estimated that and only ITES requires 150 million square feet through urban India from here 2010. In the same way, the industry of the trade to the detail organized is likely to require 220 million additional square foot from here 2010.
Friday, February 15, 2008
Real Estate All-round Development
Posted by honey at 2:05 AM
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