Friday, 21 November 2014

Changes Experienced by Real Estate Market in Present Era

Presently, Indian real estate market is considered to be one among the most lucrative sector. Contemporary picture shows significant and consistent rise of demand in this sector. Prime fueling factor of development is the opening of FDI. However, that is not the only reason that has given rise to the boom of real estate market of the country.

Detailed look at FDI
Year 2005 stood to be one among the most important period for development of real estate in India. In that year, FDI or Foreign Direct Investment was opened for this sector. It helped in increasing the fund flow and that created abundance of fresh avenues for this sector. The capital inflow started increasing with passing of each year. The construction of New residential projects in Dwarka Expressway is a part of this consistent development process.


Changing customer preference
There was a time when the concept of high rise buildings was not a pre-dominant aspect of the market. Buyers preferred those projects that had low rises and few storeys. However, crunch of space and habits of modern buyers completely changed that picture. Now, people are keen on getting properties at high-rise projects. Moreover, the influence of gated communities over independent houses has increased to a great extent. It leads the new constructions like Residential Projects In Dwarka Expressway to gain huge popularity among the masses.

Getting acquainted with the projects
Not only in the real estate market, but huge changes were experienced in the portrayal of projects. Different kind of constructions started entering the market. They ranged from being affordable to ultra-luxury. Moreover, the commercial real estate market experienced drastic changes. Number of malls and mega shops increased dramatically while giving a high boost to the real estate world of India. Besides, multiple facilities were added to the projects as a part to encourage comfortable urban lifestyle.

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