Trends and Statistics of the Indian Real Estate Industry

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Real Estate Still Shines Bright for India

real estate in india 300x206 Trends and Statistics of the Indian Real Estate Industry

As far as India is concerned, real estate segment is one of the brightest starts when it comes to contributing towards the country’s GDP. As far as the statistics is concerned, the real estate sector is the 2nd largest employer in India, second only to Agriculture.  Real estate industry contributes 6.3% to India’s GDP.

India’s real estate is a very special market segment, as according to estimates, the overall value of this industry is estimated at USD 67 billion. This particular figure is estimated to touch USD 180 billion by the year 2020. Experts also believe that Foreign Direct Investment or (FDI) in real estate sector to grow to USD 24 billion in the next 10 years from the current valuation of about USD 4 billion.

Giving more significance to India’s economy, it is important to understand that India’s real estate market is one of the fastest growing real estate markets in the world. Fueling this segment ahead, the growing income has enabled the Indian middle class to take up real estate as an investment class. This has fueled a tremendous growth in demand. And as far as job creation is concerned, this sector creates 7.6 million jobs and this figure is expected to grow to 17 million by 2025.

As far as the real estate market is concerned, there are four sub-sectors of the Indian real estate industry – housing, retail, commercial and hospitality. As it goes, primarily due to infrastructure creation and further establishment of bigger metros, the housing industry has seen great demand over the last decade.

But the scenario is fast changing now. The hot markets of Gurgaon and Noida in NCR, Mumbai, Bangalore, Hyderabad, Chennai, Pune, etc and some other places are kind of stagnating now. As experts corroborate, price points are not appreciating as they have reached almost tipping point now.

Another interesting statistics for this segment is that the rent yield of Indian real estate is at 2.7% compared to 4.7% in US and 4.5% in Japan. This figure elaborates and confirms that at many points the Indian real estate was overvalued. And as a result of these developments, at present the market is moving away from being speculative and prices are getting more close to reality.

It is important to understand that India’s retail and commercial space demand generation is primarily happening from metro cities of the country. The business in this space of real estate looks like to be shifting from sales to lease and maintenance model. And hence, prime office space segment across the country’s key cities – Mumbai, Delhi and NCR, Pune and Bangalore has seen a fresh supply coming in.

According to estimates, in the first six months of 2013, 20 million square feet of office space has been added witnessing a year on year growth of 16%. Additionally, the hospitality market comprises hotels, service apartments and convention centers. Delhi NCR region and Mumbai remain the biggest hospitality markets in India. As tourism is being expanded on various counts, the hospitality sector is gaining from the increase in tourism. This increase is triggered both by foreign and domestic tourists. Highly niche areas like medical tourism in India are also gaining in global popularity and hence putting global limelight on India.

As we move ahead, the real estate industry in India is ideally poised to grow in a better manner. As far as investment opportunities are concerned, real estate is still the best segment to invest and prosper ahead.

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Mahagun Mirabella lets you go Ultra Modern, create better opportunities

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Mahagun Mirabella Sector 79 Noida

Today, we are living in a modern era where we have next generation needs, in order to match our ultra modern desires, we present Mahagun Mirabella. This is where you are able to create the big opportunities for yourself and your family as well.

Driving prosperity for its customers, Mahagun Mirabella at Sector-79, Noida is the new upcoming project by the trustworthy Mahagun Group. Mahagun Mirabella is offering ultra modern, ultra luxurious 3 & 4 BHK homes. The location is going to pay a great advantage to its residents as Noida is one amongst the well-liked locations for home among the younger generation which is always looking for ultra modern living.

As more and more people are preferring properties that provide peace of mind, this is the place where you get maximum pleasure and a great lifestyle for your family.

Mahagun Mirabella presents a new house set up with engaging options in Sector-79, Noida. The homes at Mahagun Sector-79, Noida mirrors the style of affluent category and cater to or all the requirements of recent living in an exceedingly seamless manner.

And on top of it all, the location plays a great part as well. With premium specifications, quality constructions and prime location in Noida, Mahagun Mirabella is destined to be one amongst the foremost for living the ultra modern life of your choice.

For More Information Visit Us: http://www.investors-clinic.com or Call Now: 9266633040

 

Wave Vasilia, it’s time to say hello to high life

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1375699736 bannerimage 2 300x153 Wave Vasilia, it’s time to say hello to high lifeWhen you are looking forward to living a high life, spending quality time with your family and creating a unique value for yourself in the future perspective – Wave Vasilia is the right choice for you. At a time when you want to settle only for the best, Wave presents Wave Vasilia High Life Serviced Residences. These apartments present best of both the world opportunity as it is both finely crafted and thoughtfully designed to match your lifestyle and to cater to every need of yours.

This project comprising of 2/3 BHK options, these residences are located in Sector 32 Noida, right in the heart of the city. Hence the location is just about right and perfectly placed for the pace of your life.

These apartments are built keeping in kind a combination of both high and mid-rise towers ranging from 12 to 33 floors, offering a fine mix of opulence and privacy. All this is destined to deliver the best of the lifestyle for you and your family and create huge difference in your lives.

Having constructed from podium level upwards, these residences are thoughtfully crafted to suit all your needs and specific requirements. With retail shops in the ground level, your basic necessities are always taken care of. This is creating a unique opportunity for you and your family to come and experience the high life at Wave Vasilia.

For More Information Visit Us: http://www.investors-clinic.com or Call Now: 9266633040

Wave Vasilia FEATURES

APARTMENT

Available in sizes 1264.18 sq.ft. to 1748.12 sq.ft.
Air-conditioned apartments with built-in modular wardrobe in master bedroom
Modular kitchen with built-in chimney & hob
Wi-Fi enabled and IPTV ready
Residences start at podium level ensuring an open view
Vaastu compliant
Fiber optic connectivity

CONVENIENCE

Dedicated service elevator
Separate visitor’s parking
Convenient shopping below the apartments
24 hrs water supply
100% power backup

ENVIRONMENT

Landscaped gardens
Rainwater harvesting
Sewage treatment plant
Water treatment plant
Water recycling
Energy efficient building

SAFETY & SECURITY

No vehicular movement on the podium level ensuring 100% safety
Hi-tech round the clock security
Smart card access control
Video surveillance systems
CCTV for parking & entrance lobby
Fire alarm system in common areas

For More Information Visit Us: http://www.investors-clinic.com or Call Now: 9266633040

Wave Edenia Noida Delivering Eternal Bliss For Customers

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Wave Edenia Noida

1375699736 bannerimage 2 300x153 Wave Edenia Noida Delivering Eternal Bliss For Customers

At a time when you are looking for your own special space of eternal bliss and comfort, Wave Edenia is the right choice for you and your family. This is creating that perfect setting for you and your family to have that much needed eternal bliss.

Keeping in mind the flavor and high-class taste of its customers, Wave Edenia is set to rewrite all records and it covers a splashing 152 acres of prime real estate, it is the largest expanse of commercial land in the entire region within Noida.

Adding to its feature set is the fact that this project is 40 million sq ft of built-up area, it is also the most massive commercial development ever constructed in the center of a developed and fully functional city.

In addition to the above, there is the most important factor, the geographical location – this is the finest in Noida. Especially when you want nothing less than perfect, its close proximity of Sector-18, Noida. Wave City Center’s position is really amazing and quite unbeatable.

Combine these awe-inspiring statistics with the traditional property mantra – ‘location’, and you’ll easily understand the reason why all the shrewd investors in Noida (keen golfers should note that Noida Golf Course is a mere 2kms away from this location) are instantly attracted towards this particular location.

The most exciting part of this project is that the Wave City Center is next to the Sector 32, City Centre Metro station and the extensive road system connects directly to Delhi, making it available at a distance of mere 10 minutes. And that’s why Wave City Center is ideally poised to be the most favorable destination.

Wave Edenia Sector 32 Noida – Features

  • Spread over two Sectors 25A and 32, Noida.
  • 20 mtr / 40 mtr Green belt around both sectors.
  • Adjacent to Noida City Center Metro Station.
  • Diverse product mix with all conveniences at a 5 min distance.
  • Compliance to LEED Gold Certification.
  • 55% Open Area for Roads, Parks & Green Spaces.
  • Fully integrated private Rapid Internal transport system within the project • Parking for over 43000 cars.
  • Hi-tech round-the-clock security systems.
  • Conceptualized by the World’s best consultant.
  • Eco-friendly infrastructural systems with Rain Water Harvesting and Waste Management.
For More Information Visit Us: http://www.investors-clinic.com or Call Now: 9266633040