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Determining Your Home's Value
Determining your home's value, and setting a price, is probably the most important step in selling your home. Why? Because if your home is overpriced for your area, no matter what the cost of improvements that you have made on your house, buyers...
How To Work With More Than One Real Estate Agent When Buying A Home
Many potential home buyers do not realize it, but it is perfectly legal and perfectly acceptable to work with more than just one real estate agent when shopping for a home. Working with more than one agent can have significant advantages, such as a...
Real Estate Marketing -- Integrate Your Efforts For Maximum Response
Integrated marketing sounds pretty scientific. Maybe that’s why up-and-coming marketers get a glazed look in their eyes when the subject is mentioned.
Truth is, integrated marketing is easy to understand. It can also do wonders for your real...
The Key To Real Estate Investing Success... Revealed!
How did you get into real estate investing? Did you read a book on it? Was it a seminar? A meeting of some sort with speakers dispensing real estate investing information, but really selling courses? Did you get really, really jazzed and pumped up...
Why Hardwood Flooring Is Still A Good Investment
1) Hardwood flooring has a timeless air of quality
Hardwood floors have decorated some of the most exclusive mansions and estates in history and still exudes a feeling of permanence and classic quality compared to manufactured floors.
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Real Estate - Blessing To The Economy
Real Estate is a real blessing to the economic growth of any country. It contributes about 30% to Indian GDP both directly and directly. The last five years has shown a great rise in the real estate business. Real Estate in places like Chandigarh, panchkula, mohali has shown a tremendous growth. Real estate has a direct linkage to various other industries like steel, wood, cement etc.The growth in real estate means a simultaneous growth in all these above mentioned sectors which leads to the complete growth of the community which extends to the country as a whole. Real estate also has indirect influence on the other very important sectors like travel and tourism, infrastructure, trade and heritage of that area. Today big companies like wipro, infosys, IBM etc are expanding their business round the globe and the favorite destination these days in India is chandiagrh, mohali, panchkula in north India.
According to the tenth five year plan, there is a gap of 30 million units between the demand and supply of housing which is quite a big gap and bridging this gap requires the investment of around 1,75,000 crore.There is huge dwelling requirement in urban as well as rural areas. It is estimated 19 million homes are required in urban areas in India. No doubt there is boom in
real estate but the supply is still not meeting the demand. Various reforms need to be done in real estate business like there is a huge need in changing the regulations relating to land, validation, property taxes, validation of stamp duty structure etc.The real estate industry needs to be made a little disciplined. The environment needs to be created to establish real estate a good investment option. Government is taking steps to reform the industry but still needs a lot to be done. Government has shown its remarkable contribution by reducing home loan to almost half in the past five years.
Real estate no doubt has professional people but the number is very low which needs to be increased to see significant growth in the industry. The real estate industry needs to be more transparent and organized which is improved in the past few years but it still needs little more. But this industry has a great potential and will grow many folds in the coming years.
About the Author: For any further information:http://www.propertyvertical.com
Source: www.isnare.com
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