Friday, March 9, 2012

An insight into the real estate industry in India

In modern times, the Indian economy is witnessing an unprecedented growth and is anticipated to be one of the fastest growing economies in the future. It is the real estate that plays an essential role in the economic boom by contributing about 5 percent to GDP of India.

Demand for both, commercial as well as residential property has driven the Indian economy. According to latest CREDAI reports, realty sector has been the second largest employer followed by agriculture and is slated to increase at the rate of 30 percent over the next decade. And astonishingly this growth is witnessed pan-India and not only in metropolitan cities. The suburban areas are also developing at a rapid pace and as per market experts, Indian real estate industry still has a tremendous potential and it’s only going upwards. The major factors that triggered and fueled this incredible growth are: urbanization & expanding industrial sector, increase in household income and lastly the most influential factor is the liberalization policies of the government. No sooner did the doors to foreign investments open in 2002, investors have preferred this sector as an ideal investment option compared to other options like capital, bullion and debt markets.

One such leading Civil Construction and Contracting Company is Buildquick Infrastructure. The Company is based in Gujarat and has been affiliated to this sector for more than two decades now. Heralded for its prestige, Buildquick is continuously providing both affordable 2 BHK bungalows in Anand along with lavish 3 BHK bungalows in Anand for fulfilling the requirements of customers across different sections of the society.

From luxurious bungalows in Anand in serene neighborhoods, sprawling institutes & commercial developments to robust infrastructure, every property Buildquick develops is unique and an individual masterpiece.

Thus Buildquick can prove to be a wise option for home buyers and investors looking for lucrative properties.

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