Wednesday, August 22, 2007

Booming Real Estate

The real estate business is moving to the peak. The industry is seen as one of the most stable and economic investment.
NRI's are going bullish about it and we see the Indian government facilitating the buying process for them. The gateways in terms of loans, interest rates, expatriation rates have been made so comfortable.

Real estate developers have also joined hands in breaking rules and getting the process faster. Earlier the government approvals was a difficult process. Today we see the conversion rate to an approval much faster though the process is stringent. Payment gateways are made easier by working along with the Banks. International architects involved in the project. The locations are screened with dilligence by making sure that the corporate czars are in the neighbourhood. The best of educational institutions are at a hopskipjump distance.

"Once impossible homes are now castles in the air"