Residential Plots Near PGI Chandigarh | Impact of FDI in real estate

As we know that, real estate industry is growing itself without much support of Indian government. That’s why the real estate industry has several holes, like black money, un authorized agents, and brokers which are continuously making bad effect on the whole industry. We have a lot of trapped buyers list, and they are fighting with sellers in the courts. Because of this, the buyer is always worried about the fraud and the resultant, the whole industry is getting comparatively fewer home buyers nowadays. Removing all the shortcomings, Residential plots Near PGI Chandigarh is being constructed for Defense and Services Personnel. You are welcome for plots within reasonable price.

Hence, after 100% Foreign Direct Investment in Real estate industry, what will happen? I think it will affect positively in many ways.

1-The whole industry tends to well organized, and related government authority will also work fast and process the things timely because India will have to become more flexible to achieve the international standard. So thereafter agents and brokers will have to work accordingly, then investors will get right intensive and finally, a home buyer will become happy after buying home.

2-In upcoming time, according to infrastructure design, unique projects are going to start due to foreign interest. In future, big and tall projects will also be started not only of commercial perspective but also for the residential purpose. These projects will consume much of time to complete such project, some of maybe one-decade project.

3-When much of foreigners started to invest in real estate, There will be requirements of more machinery, engineers, architect designer, other workers, So finally, This will also increase India’s employment overall.

4-One also important thing is black money, we should not avoid it. As we know that there are a lot of Indian black money in the foreign country and There is more chance to come to that black money via foreigners investment. This is good for India, that Indian money will come back to India, but those who have black money will not be able to know.

Overall, this is a good news for real estate industry as more rational behavior will now prevailing. Due to heavy discounts, there is a chance of reducing in sale profit but it will disappear by covering the losses.