Indian real estate, construction companies are surging ahead by leaps and bounds. Real estate today is one of the highest growing sectors in India. Market analysis pegs returns from real estate in India at an average of 14% annually with a tremendous upsurge in commercial real estate on account of the Indian BPO boom. A significant demand is also likely to be generated as the outsourcing boom moves in the manufacturing area.
Further, the housing sector has been growing at an average of 34% yearly, while the hospitality industry witnessed a growth of 10-15% last year. The relaxed FDI rules implemented by India last year have invited more foreign investors and realty sector in India is seemingly the most lucrative ground at present. Private equity players are considering big investments, banks are giving loans to property developers, and financial institutions are floating realty funds. The market of realty developers in India is immensely promising and most sought after for a wide variety of reasons. Skylarkmansions developer review as the most important real estate developer who works according to the need of the people and they are wonderful in their approach. Skylark Ithaca review as the greatest project by skylark developers.
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