OTCQB:DGWR - Post by User
Post by
Cxristyxon Jun 01, 2011 6:14am
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Post# 18654107
New heights
New heightsThe real estate sector in India is touching new heights with rapid paced development across realty segments-residential, commercial and industrial. As the real estate investment scenario has changed, India now ranks among the top three most favored destinations for FDI in the world. After agriculture, Real estate has become a huge sector and is being known as the second largest employment industry in India. Before, real estate development was restricted to metro cities only. But, now real estate industry is progressing in other cities and towns as well because of easy availability of bank loans, higher earnings and improvement in standard of living. Real estate in India is attracting lot of property buyers, investors, developers and NRIs to invest in Indian properties. The increasing purchasing power of people due to the constantly growing Indian economy has helped in creating high demand in real estate sector. With the establishment of industrial sector in India, the need of industrial and commercial spaces had arisen.