The budget 2020 would be presented at the backdrop of a scenario of a slowing down economy with rising inflation. The economic growth in the current fiscal being at 5%, there are concerns over a premonition of a stagflation, which is a situation of rising prices with increasing unemployment.
A real estate career may not be the first choice for the career aspirants of India, but fortunately, it is one of the most promising sectors of the Indian economy. With the ever debated gap between the industry and the academia and with the aspirants frustrated with limited opportunities,
On an overall basis, the Indian economy has performed quite well in the last couple of years with IMF’s database suggesting India’s contribution to world growth increasing from 7.6% during 2000-2008 to 14.5% in 2018. The pro-reform measures by the government in the preceding years imbibed confidence and improved sentiments,
Along with a seismic shift in the societal norms and the gradual breakdown of joint families to nuclear families, the home buying behavior has also undergone a paradigm shift. The economic reasons are also equally strong to empower the millennial population with the financial freedom to buy a home of their own.
The real estate market has been plagued with lower rental returns with poor capital appreciation, especially in the last couple of years or even in the preceding three or four years. As India is into more of industrialization with an increasing number of jobs being created, attracting more manpower, rental solutions have increasingly been redressing the housing problems.
ET Business Excellence Award 2019 (TIMES GROUP) was conferred to DS MAX Properties Pvt. Ltd. as the TOP RELIABLE DEVELOPER OF THE YEAR at the event hosted @Sheraton Grand Hotel, Bangalore, held on 19th September.
Undoubtedly a ready-to-move-in 2 or 3-BHK apartment or a home poses a lot of advantages to the home buyers and especially for the first-time home buyer. Earlier, there were threats of delayed possessions which was a chronic problem of the real estate industry and home buyers who booked under-construction homes.
In recent times the real estate industry has gone through myriad changes and these are in tandem with the global trend. Although after the global recession in 2008 when the world economies toppled, the effects were felt by the real estate sector of India too but post-recession, the state that the real estate industry is in today can be attributed to our own making of the industry.
