The present Real Estate service in India scenario of the Indian realty market holds the 9th position among the retail markets of the world with consistent growth of 30% per annum. This real estate industry in India is recorded to be the second-largest employer after agriculture with the help of favorable policies of the Indian government. This real estate boom especially focuses on the various metros like Delhi and NCR, Mumbai, Kolkata for developing projects ranging from residential, retail to commercial complexes.
List of top real estate companies in India, Real Estate service in India
- Sunteck Realty Ltd.
- Omaxe Ltd.
- Godrej Properties Ltd.
- Phoenix Mills Ltd.
- Oberoi Realty Ltd.
- Brigade Enterprises Ltd.
- Indiabulls Real Estate Ltd.
- NBCC India Ltd.
As the most attractive destination for FDI, the positive approach of the real estate developer in India with the help of the Indian Government is the major factor behind the growth of Indian real estate. It is focused that there would be around 2 million graduates from various universities so there will be a huge demand of offices and industrial spaces. Keeping this estimation an eye, the Indian government makes policies to encourage FDI for various countries to invest in Indian properties.
Top Commercial Real Estate Companies in India, Real Estate service in India
So many real estate companies in India are coming into the picture when we talk about the real estate sector. Some of the important companies are the DLF group, Vatika group, Aspire Group, Unitech group, SAHARA group, MGF Emmar etc. Over a long period, DLF maintains a leading position among India’s top property developers. For over 15 years varying from commercial, residential to retail, Vatika group has been able to successfully built brilliant structures and has endeavored to bring about realty development to touch every work of life.
Affordable housing: Policy and practice in India, Real Estate service in India
In the affordable housing sector, investment in real estate in India is reported to have a major thrust in the coming years. It is estimated that across the major cities in India, there will be the need of 2 million affordable housing units in the coming years and 80 percent of the demand for this type of unit will be from the Rs.3-5 lac category. Now, both the listed and unlisted players DLF, Unitech, Puravankara, Omaxe are in queue to lift up the real estate burden in India. Among the unlisted group, there are Tata Housing, Delhi-based Raheja, Mumbai-based Matheran Realty, Lodha Group, etc to keep the real estate inflow.
What is meant by affordable housing? Real Estate service in India
Affordable housing is housing that is appropriate for the needs of a range of very low to moderate-income households and priced so that these households are also able to meet other basic living costs such as food, clothing, transport, medical care, and education.
What is affordable housing in India? Real Estate service in India
Affordable housing refers to housing units that are affordable for those with income below the average household income. In India, affordable housing is provided for low-income people, middle-income people and economically weaker sections who have considerably low levels of income.