Cheapest construction techniques:Introduction to Indian Real estate Industry
Cheapest construction techniques for making quality construction with quality materials can bring lots of investors into Real estate.
i.e., less investment for construction with higher profit that is what Eshas construction can do for you.
Real estate is a competitive field with huge profit as well as huge risk involved.
Real estate is one of the most globally recognized Industrial sectors. It comprises 4 sub sectors – Housing, retail, hospitality and commercial.
The Construction industry ranks 3rd among the 14 major industry sectors in means - direct, indirect and induced effects in all sectors of economy.
The growth of this industry is booming each year. In India many cities have been demanding for more office space as well as urban
and semi-urban residential buildings.
Cheapest construction techniques
For investors real estate it is one the main sector for increasing their income.
It is found that most of NRI’s invests their money in this sector for both long term and short term.
As the same, in India Bangalore is one of the most favoured property investment areas for these NRI’s and
also they invest in several other cities such as Ahmadabad, Pune, Chennai, Goa, Delhi etc. India’s infrastructure itself is having an overall change each year.
It is forecasted that in India the market size of real estate will reach the US$ 1 trillion by 2030.
This means that retail, hospitality and commercial real estate are also growing steeply bringing up developments in India’s Infrastructure.
Even though the India is now facing problem with recession in Automobile Industry it is still having demands in several other industries such as IT and ITES,
retail, consulting and e-commerce. This has resulted in demand for much more demands for office space in recent years.
The co-working space across top seven cities in India is increasing sharply.
Investments/Developments in construction with cheapest construction techniques
Indian real sector is witnessing high growth with rise in demand for office as well as residential space.
Investments in Venture capital and Private Equity sectors have reached US$ 1.47 billion between Jan-Mar 2019.
According to the report provided by DIPP the construction sector in India has received FDI to the amount of almost US$ $ 25.04 billion
in the period April 2000-March 2019. So, the investment in construction field is still in booming stage with a careful management of investment
and using cheapest construction techniques can bring a better return for investment.
Some of the major investments in Indian real estate
Increase in investment on new housing launches across top 7 cities in India that is expected to be 32% year by year.
Embassy Office Parks announced that it would raise around Rs 52 billion (US$ 775.66 million) through India’s
first Real Estate Investment Trust listing on September 2018.
India increased 50% 50 quarter-on-quarter in April-June 2018 for new housing launches across top seven cities
Blackstone Group acquired One India bulls in Chennai from India bulls Real Estate for around Rs 900 crores.
Another one of the major investment is by DLF.
They bought 11.76 acres of land for Rs 15 billion (US$ 231.7 million) for its expansion in Gurugram, Haryana.
Central government accompanying with governments of each state has taken several steps to encourage the development in sector.
The Smart City Project, where there is plan to build 100 smart cites is one prime investment opportunity for investors in real estate.
Some of the initiatives are listed below-
Pradhan Mantri Awas Yojana scheme that has planned to build 8.09 million houses have been sanctioned up to May 2019.
Government approved National Urban Housing Fund with an outlay of Rs 60,000 crores.
Under the Pradhan Mantri Awas Yojana scheme in March 2018, construction of additional 3, 21, 567 affordable houses was sanctioned
SEBI is also helping the Real Estate Investment platform which helps in allowing all investors to invest in Indian real estate.
Thus, it creates opportunity almost worth Rs 1.25 trillion in Indian market. Real estate developers is looking out to the growth of countries by
choosing cheapest construction techniques and thus tries to manage multiple projects across cities and are also
investing in centralised processes to source material and organise manpower and hiring qualified professionals in areas like architecture,
project management and engineering.
The increase in flow of FDI into Indian real estate is encouraging increased transparency and using cheapest construction techniques
India’s economy is expanding and urbanisation is developing with lots of opportunities in real estate sector.
The CREDAI and CBRE states that real estate sector in the next decade will lead to significant growth in housing, office, retail and warehousing space.
Report also states that sector would expand very highly by 2030. As well as it states that estimated office space stock will touch 1 billion by 2030.
In retail shopping investment will reach a stock of 120 million by 2030. The growth of cities in India is developing day by day with lots of rapid changes.
The Indian real estate market lodging part alone contributes 5-6 percent to the nation's Gross Domestic Product (GDP).
Cheapest construction techniques for real estate investment
In the period FY 2008-2020, the market size of this division is said to increase at a Compound Annual Growth Rate (CAGR) of 11.2 percent.
Retail, hospitality and business land are additionally developing essentially, giving the necessary framework to India's developing needs.
The real estate is one of the most internationally perceived divisions.
In India, land is the second biggest boss after farming and is scheduled to develop at 30 percent throughout the following decade.
The real estate includes four sub divisions - housing, retail, hospitality, and commercial.
The success of this sector is based on the elements such as good forecasting of the future, use of cheapest construction techniques etc.
The development business positions third among the 14 noteworthy areas regarding immediate, aberrant and actuated impacts in all segments of the economy.