INDIAN SCENARIO

India always been known as a land where history echoes itself with all its wonders in every piece of stone. Indian Real Estate is booming and it is one of the most expensive real estate in Asia. India has become very promising in real estate market. Whether its big cities like Delhi, Mumbai, Banglore, Calcutta, Chennai, Hyderabad or smaller cities such as Pune, Jaipur, and Chandigarh etc.

The India property market is now very liquid and very exciting. There is a rise in foreign direct investment (FDI) with an economic growth rate of over 7%, surveyed reported by (Ficci) that 70% of foreign investors are making profits from Indian operations. The 8% GDP will be targeted by next fiscal.87% believe that there are greater opportunities for FDI in India.

Great boom has been come up in the retail and the residential sector. In India the mortgage rates at 7.5% to 9% are the lowest as compared with the world.

In the recent years, tremendous demand of commercial and residential property has been shot up and still continuing.

With the positive growth in the economy, the investors are reaping the harvest in the real estate. Indian property developers are looking at a return of 15 to 25 %.

Jaipur capital city of Rajasthan founded by Sawai Jaisingh II known for its Culture, Art, Tradition, Heritage, Jewellery, Handicraft, Royal Hotels and now most popularly known for Property. It is the first planned city of India. Earlier was a sleeping city in property but now became a hub in property. Jaipur is booming in property and now properties are selling like a hot cakes. Jaipur soon would be made a Wi-Fi-city.

Jaipur real estate is growing if we look at the growth rate; the city reality graph shows the capital growth rate of 5 to 7 percent in the last one year. The recommendation of Special Economic Zone (SEZ) by Mahindra and Mahindra with RIICO joint venture on 300 bighas of land and an IT emerging sector too.

The infrastructure development is powered by connectivity with the 8 lanes National express highway and availability of international Airport. It is a tourist destination for both domestic and foreign. Soon going to be a Health care destination and a fastest emerging Education center.

Jaipur an investment destination- leading builders groups are investing and coming up with their major projects around the city, names like Vatika, Omaxe, MGF, Ansals and Parsvnath.

Jaipur is all set to grow and ready to make its mark to become a mega city of India by the year 2025.