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India property market fuelled by the ITES, nurtured by overseas investment

With the government’s decision to accept 100% FDI in the India property ventures, global Property giants are investing billions of dollars in Indian Property developments. These international companies are increasingly showing interest in India property market for many reasons. 8.1% economic growth of India during the fiscal year of 2005-06, a booming Property sector and massive growth of the Indian IT and ITES sector ---- all these have contributed to the recent flow of the FDI on Indian property market. The Property boom in India which was initially spurred in cities like Bangalore and in the National Capital Region for the conglomeration of the IT industry in these areas has also spread its wings to 2nd tier cities like Hyderabad, Pune, Kolkata, and so on. According to a recent report prepared by Ernst & Young - 'Indian Property: opportunities and returns', the boom of the Indian Property is to continue further. The report is the result of the study that was initiated by “Federation of Indian Chambers of Commerce and Industry (FICCI)”, on the eve of its annual Property summit, 2006. With so much positive signs and potential of the property India market, there is no doubt that overseas Property companies and affluent NRIs will invest in the industry.

  • Emaar, a leading Dubai based property developer, has announced a Joint Venture with MGF Developments. The Emaar MGF Land Private Ltd. had announced a capital outlay of $ 4 billion that is the largest FDI in Indian Property market.

  • In another project Vancouver-based Royal Indian Raj International Corporation will invest about US$ 2.9 billion in a single Property project. The project, “Royal Garden City” is coming up in Bangalore and will take about 10 years to complete.

  • Other overseas companies are also showing keen interest in the Property market of India including American International Group Inc (AIG), High Point Rendel of UK, Edaw of the US, Japan's Kikken Sekkel and Lee Kim Tah Holdings, Cesma International from Singapore.

RealEstateOnline.in is where property advisors, developers, regional authorities, investors and corporate end-users from both nations can gather information about new building projects and initiate deals and partnerships. It is also the place where construction companies, investors, real-estate evaluation experts and potential buyers can gain contacts. It also gives you details on Movable and Immovable Property of Cities and Towns, Municipal Management and Activity, Acquisition and Sale of Individual Houses and other Property and Investments. Realestateonline.in helps one familiarize themselves with city strategies, investment possibilities, Property development, infrastructure development, trends of municipal economy, and novelties of technical equipment of buildings in India. It also showcases their quality products & services offering to the building, construction & contracting services industry. RealEstateOnline.in gives maximum exposure to prospective buyers the opportunity for direct negotiation and saves the customers the time and energy in choosing the best in the India Property market. Realestateonline.in is the leading commercial Property site in India that brings your business to you. This is the marketing arena where both Indian & Pakistani nationals as well as international players can meet, network, negotiate and make lucrative deals. There is no other Property site that provides multi-disciplinary and stimulating environment for furthering and intensifying networking and business contacts between potential players both in India and Pakistan in the Property industry. Realestateonline.in also showcases the latest trends in the international luxury Property market, including luxury waterfront developments, villas, time-share properties and hotel apartments located in holiday resorts. In addition, it encompasses investment promotion such as bank finance, property funds and shared properties, and affiliated services provided by interior designers, architects and other property consultants.

The online Property market is increasing at a rapid pace and RealEstateOnline.in is matching steps with them. Now it is ensured that Indian property will be promoted internationally and this will attract more buyers and exhibitors from across the globe. Realestateonline.in is viewing a boom with no speculations and in time to come it will be one of the most happening sites for prospective investors both in India and Pakistan. To keep abreast with the latest on Indian Property Promotion, you could also subscribe to the free weekly email updates on major events related to it. So look no further and take advantage of this thriving market.

If you are interested to invest in properties in India and benefit from the increasing price or you simply want to live at one of these world class residential properties, we are always ready to help you. We have listed the top of the line residential and commercial India property and some leading Property service providers at RealEstateOnline.in.

Shriram Properties – Shriram Properties is a part of the Rs. 8500 crore Shriram Group. With over 2 million sqft of constructed area and 1.8 million sqft of ongoing construction, Shriram projects are today glittering landmarks in Bangalore.

Capital Hotels & Developers – Capital Hotels & Developers, an ISO 9001: 2000 certified Property company, started its operation in Delhi in 1990. Presently working in the national capital region, UP and Uttaranchal, CHDL is well known for developing top class commercial complexes, office space, educational institutes as well as residential properties.

Eldeco Infrastucture & Properties Ltd – Starting its operation in 2000, the Eldeco Infrastructure and Properties Ltd has recorded an annual growth of 70%. The company, known for its quality construction, commitment to delivery, sound and transparent business ethics is a premiere Property service provider in National Capital Region.

Lokhandwala Builders - Lokhandwala Builders is a Mumbai based ISO 9001 certified construction company. Known for the highest quality construction with best possible amenities and facilities, this company is a well known name in the property market.

Omaxe Construction Ltd – Since the beginning of Property operations in 2001, Omaxe has successfully executed more than 110 prestigious industrial, institutional, commercial, residential and hospital construction projects.

The Puravankara Group – Since 1975, The Puravankara Group has been providing top class Property services. The company has to its credit over 100 prestigious completed projects in Mumbai and Bangalore.

The Realtors – Based in Bangalore, The Realtors has been providing top class professional property consultancy since 1996. The proficiencies of the company include Property consultancy service, infrastructure leasing, valuation, services and marketing.

Salarpuria Group Of Companies – The Salarpuria Group is committed to deliver outstanding residential and commercial properties. Presently in operation in Bangalore, Chennai, Mysore, Pune, Hyderabad, Kolkata and Delhi, it is an ISO 9001:2000 company with successful track record of delivering 6.5 million sqft of prime commercial and residential properties.



Disclaimer: - The above information may not be current, please visit the builders profile/ website above to view current corporate profile.


For more listings of the India property service providers and properties, keep browsing www.RealEstateOnline.in

 
 
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