Indian residential struggling to keep up with ever-increasing demand
Booker, Nick
Indian residential struggling to keep up with ever-increasing demand - 2007 - Property Forecast 10(10) October 2007, 6-7(2) .
Reviews the current situation in residential property across India. Young professionals in the IT industry command increased capital, and the economy is growing at up to 10% per annum. Affordability at the top of the market is expected to increase six-fold over the next 18 years. Therefore there is an ever-increasing demand for residential property. Only Indians or Indian residents may purchase these properties. The government is considering reducing the minimum amount of land required for residential properties. Speculates on the future of the property market and makes recommendations for investments.
India
Indian residential struggling to keep up with ever-increasing demand - 2007 - Property Forecast 10(10) October 2007, 6-7(2) .
Reviews the current situation in residential property across India. Young professionals in the IT industry command increased capital, and the economy is growing at up to 10% per annum. Affordability at the top of the market is expected to increase six-fold over the next 18 years. Therefore there is an ever-increasing demand for residential property. Only Indians or Indian residents may purchase these properties. The government is considering reducing the minimum amount of land required for residential properties. Speculates on the future of the property market and makes recommendations for investments.
India