Real Estate in India 2023: There are a few basic things one should keep in mind before making any real estate decision. These include tenant availability, location, operational costs among others., Personal Finance News, Times Now
Investors looking to invest in the real estate market often compare REITs to commercial real estate. Corporations, known as REITs or Real Estate Investment Trusts, function similarly to mutual funds in real estate investing. you can invest in REITs without possessing or managing any property by yourself.
The residential real estate market in India had astounding progress in 2022, setting new sales records of 68% YoY, further demonstrating the industry s prominence as one of India s fastest-growing industries.
The real estate industry is expected to have strong growth in 2023 as a result of technical advancement, acceptance of digitalization, the accomplishment of infrastructure investments in a stable manner, demand, and NRI investments in the nation.
Over the past couple of years, one of India s fastest-growing industries has been the real estate industry. For PMAY houses, the Union Budget 2023–24 allocates Rs. 79,000 crore which is a rise of 66% from the previous year.