"Buy land - they are not making it anymore," Mark Twain famously said, and foreign investors are frantically rushing to follow his advice in India. According to "Future of Real Estate Investment in India", a study published by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), the real-estate market will grow to US$60 billion by 2010 from the present $16 billion. Foreign direct investment (FDI) is expected to provide $25 billion to $28 billion.

FDI's share of the Indian property market will expand by at least 10% by March, says the ASSOCHAM study, primarily because of global real-estate players hugely interested in the Indian market, with particular demand for office space for the information-technology and business-process-outsourcing sectors.

In Mumbai, India's financial capital, companies are renting office space in downtown areas near the airport for upwards of $168,000 a month. The cost-of-living implications for the local population - who are already facing acute housing and office space shortages - are profound. A local newspaper reported on December 2 that an apartment was sold for a record $4.2 million in the well-known Maker Chambers in uptown Cuffe Parade. But Gurgaon is not also far behind Mumbai, all the multinational companies are turning towards Gurgaon, as it emerged as an IT place in the last few years.

Surprisingly, Macquarie Research also says that there is much less office space in India than in other Asian countries and cities. "Mumbai has just 12 million square feet [about 1.1 million square meters] of office space, compared [with] 70 million square feet [6.5 million square meters] in Singapore." The boom was fueled by the Indian government's decision to allow 100% FDI in the construction business from March 2005. Earlier, only non-resident Indians and persons of Indian origin were allowed to invest in the housing and real-estate sectors.

Real Estate India, as we are aware, is going places. It is the one of the biggest and most profitable markets in India. It has generated a huge amount of revenue for the Indian economy.Within and without India, the buyers are varied and from diverse cultures and classes, which is why India being the land of diversity with different landscapes, different states and different economic levels has so much to offer. There are those where it’s not about aspirations but of appeasing their whims and fancies and then there are those who live within their means or below it. So the market has a wide range of demands to meet from within and without and has to cater to all.This pressure on the Real estate market has its advantages as it forces the market to offer a wider range of selection and opens out the market to all. Both at the national and international level, the Indian real estate market and its listings are much sought after. This market has therefore put us on the Global map.There are many ways to invest in and buy property in India and one of these is to use the real estate property search engine and property search India. You can also go through your real estate agents or property dealer.

Bangalore Realty Market

The ongoing realty boom in Bangalore seems finally to have ended now. The growth in prices in the commercial property market, which has experienced boom since between 2003 and 2006, has dropped precipitously. Data showcased by various property surveys show that the average price rise in the apartment costs is no more than 5% to 10% whereas it was 40% to 50% before. Bangalore had faced short-term drop that were followed by quick recoveries but not an across-the-board drop.

As for downturns, the most dramatic slide occurred in some known locations like Whitefield that had experienced fair hike in prices of the commercial property whereas those in other locations are climbing at a constant clip. However, the North Bangalore is able to maintain its price run ups that are believed to be propelled by the end users buying and investors’ sentiments.
Far more common is a decline in the South Bangalore’s property prices where buyers’ response is now less than enthusiastic and the plunge is crystal clear by low absorption and flattening growth rate of capital values.

People are more interested in buying the property with the intention to sell it within a few months to make good profits. This is what causing the phenomenon of speculative buying to loose its impetus, with investors supposing Bangalore market going high. Earlier, such speculative buying was able to drive the gains when prices were peaking at over Rs 50/sq ft a month. But, the procedure is loosing its pace now.

Commercial sector of Bangalore, which once was the hottest selling projects, has its own inconsistencies. Here, demand continues to be good, supply has kept moderate pace, and in some locations has surpassed demand. However, industry experts predict Bangalore area commercial property prices will soften but not sink.

Best Time For the Investors of Real Estate

NEW DELHI: Boom in the real estate sector is reflecting in share prices of realty companies, which have gone up by three to 40 times in the last one year. Earnings per share (EPS) of these companies have also improved, but not to the extent that is reflected in share prices.

According to merchant bankers, this growth has happened after the market re-rated share prices of these companies, taking into account future cash flow, on the basis of huge amount of land they have acquired.

Merchant bankers feel it looks like the glory days of 1999-2000 are back for the real estate stocks. A senior merchant banker, who is managing a public offering of a realty company said investors should desist from putting money in these stocks, which are quoting at huge multiple of underlying earnings.

They should better invest through mutual funds in these stocks.Unitech has seen maximum jump in share price — a growth of over 40 times, from Rs 10 in November, 2005 (after adjusting for bonus and share split) — to Rs 405 on Friday.

So real estate at the moment is on a go......
And that is good for the investors..........

Source: Times of india

Hunt the best house in the Town
House hunt or property search is one of the most worrysome part of a persons life. A house is one of the most important asset of a persons life. So before getting into a decision to buy a house one should get all the picture right of the house. There are some important things to remember before getting into a deal that a person should always remember:

1. Analyzing the Dreams, Lifestyle and Aspirations
This is a major step before going for the deal, a person should first analyze his or her way or family's way of living. For example one should plan according to the needs or according to lifestyle which sort of house he wants
i.e. apartments, villas, executive floor, independent homes, etc.
2. Calculation of the pocket size
You should check out from the bank how much loan you can be entitled to. Just calculate that much amount and now you are ready to search according to your pocket size.
3. Market Research
This is the most important aspect of a home buyer. One should do this work on his own. Generally people act on the advice of others and in the rest of the life curse that fellow for the home. Dont go that way. Go through the trademagzines, visit websites and search according to your needs, it will give you good understanding of the market.
4. Location is the king
A home buyer should always remember this thing that Location is the most important thing of the house. It should be in such that facilities like schools, hospitals, office should be near.
5. Design of the house
Layout of a house is an important thing. Before considering a house one should see weather there are enough rooms for the family. Also all the electrical provisions( AC, TV, etc) are there or not.
6. Finishing
Now look at the finishing of the apartment or house and also look at the amenites like security systems, power backups, etc.
7. Background checkup of the source through you are going to buy the house. Search that the source is reliable or not. Check out the past of the builder, his constructions, etc. Go to that places and ask the people about the builder. If going through a realtor, checkout his background also. Because many metropolitans have witnessed frod real estate agents in the past.
8. Also go to the planning board of that particular area where you are buying the house. Ask about the future plans. It will help more.

All this steps can be of help for you.