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Real Estate


After the Software and BPO boom, it was the turn of the Real estate. While the business showed a distinct downward trend in Western countries, the giant was stirring in India. The share markets "bull"dozed many expert analyzers. Foreign investors started scrutinizing the liberalized policies of Indian government and while the local realtors in India who were in business for years were quick to spread their wings and vied with each other for greater presence, FIIs started stepping in. Here is a Fortune article on the “Real Estate boom” in India for an insight into the business that has spiked in recent months and become a source of both euphoria and worry in the local and international investors.

"Worry" IS right ! After almost an year an a half of this "unreal" estate boom, the domino effect of the recession in US economy is palpable in Indian markets, though economic experts insists that India is still on a sound platfom. Realtors are hit by a crash in the value of their shares dipping below the IPO value, while expansion plans of most of the Industries in this direction are put on 'hold'.



  • And this is a complete directory of everything related to real estate in India
  • A comprehensive site for propery search in India
  • NRI? Here is the site catering specially for you

  • Find a suitable “real estate” financial calculator from the simplest to work out the mortgage to “Estimate the loan amount you could qualify for based on your income and other factors”

  • An India Real Estate News site

  • And when it comes to building “homes’ (rather than houses), the ancient Indian science of ‘Vastu Shastra’, or Science of Construction where the silent and unseen interaction of nature with living beings is taken into consideration, is seeing a revival and being given more attention and articulation today. Vastu for Home, and Freevastu are a couple of sample sites where you can get a basic insight into the practical aspects of this science.

  • If you are into real estate business, and don’t have a web or blog site yet, here are some compelling reasons to make use of these to help you boost your business with a global presence.

 

Business news update from Rediff:




 
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