Real Estate Boom in India is ranking high in real estate industry than the rest of the world. India has attracted $3 billion value of real estate. This thunderous India real estate market is now further expected to contribute for about $30 billion in the forthcoming years. In India the complete system is set up for 5 to 6 % yearly GDP growth.
With the development of private property rights, real estate has become a main area of business. Purchasing real estate requires a considerable investment, and each parcel of land has exclusive characteristics, so the real estate industry has developed into quite a few distinct fields. Experts are frequently called on to valuate real estate and make easy transactions. Some kinds of real estate businesses include:
I. Assessment: Professional valuation services
II. Development: Improving land for use by adding or replacing buildings
III. Property supervision: Supervision a property for its possessor(s)
IV. Real Estate advertising: Advertising the sales side of the property business
V. Real Estate Investing: Managing the investment of real estate
VI. Relocation services: Relocating people or business to a different country
VII. Corporate Real Estate: Managing the real estate held by a corporation to support its nucleus business not like managing the real estate held by an investor to generate income.
