Real estate is a major industry in India. It provides employment to lots of people in India. The growing Indian Economy, newly qualified professional create a demand for real estate, increase in the mall culture, rise in the middle class income and development of multinationals all have contributed towards this boom.
The demand for houses and flats has increased and is still increasing. Previously villages used to live in their ancestral houses with joint family, but now the trend has changed and everyone wants to stay separately in their own houses.
With rising industrial development, lower class people are shifting from villages to cities and towns and are getting work there. They also have created a market for houses and flats. The labor class in construction sites comes from villages and they shift from one construction site to another. This has created a demand for lower class flats. The real estate developers are creating new models of small flats to cater to their need. In tier -2 and tier-3 cities and towns these are cheaper than bigger cities.
The housing loan has become more approachable now, with many banks offering home loans. People are availing of this facility and are buying flats right in the start of their career. The residential real estate is much in demand as compared to commercial real estate. Though you will find lots of shopping malls, hospitals, retail outlets in tier 2 and tier 3 cities, but the main focus is the residential real estate.
The buyers are getting the best deal in terms of facilities offered by the builders today. The sate-of-art amenities provided by the builder are at par with any other international builder. Modular kitchen, adequate security arrangements, recreational grounds, club and community centre all facilities are provided in the township itself.
The dream of owning a house or flat is everyone’s dream, but modern Indian real estate is making this dream come true.

The profitable returns given by the real estate industry in India is luring investors from India and abroad both. People are buying property not to live in it, but to give out on rent. There has been a tremendous growth in the property market. Whatever extra money people have is invested in property. Then, it is leased out. It is a safe and sure way to get return form your investment.
Many times the NRIs invest in property with a mind to come back to their own country and settle down in the future. Keeping this fact in mind they invest in flats or bungalows and then rent it out. Home loans are also available to the professionals through their office. The earning capacity of average young Indian has increased. To get good return of their money they invest in property.
The rent of flats is on high in modern India. A two bedroom set is generally let out for Rs. 10,000/- to 12,000/- In a place like Delhi. The lease is generally for 11 months and has to be renewed. This is a boon for the land owner.
The internet is offering many sites that deal in renting/buying/selling/leasing out properties. You can go online to any of these sites and find out the property of your choice. There is categorization according to budget, space, location, etc. The real estate agents are also there to help you out in any deal.
Many people are buying independent houses or bungalows and are leasing them out for marriage or some other social or official functions. This type of investment in real estate gives very good return. They are also rented as corporate guesthouses. If the property is in a scenic location, then it is rented out as vacation homes.
There is a huge demand for furnished service apartments. These service apartments are rented out to those people who have come to any city for a short time. All facilities like swimming pool, spa, gymnasium, sauna, tennis court are available for the use of customers. These are now considered hot properties for rent.