NRI Direct Investments in India

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Despite the controversies Uttar Pradesh has gained because of political turbulence still it lies in the safer side when it comes to the growth of the GDP of the nation. There exists an industry that is doing well as a thrust of the rapid urbanization that is taking place around. Corporate houses, IT Parks, SEZ and educational hubs have preoccupied the state. To make the people working here to have the stay residential apartments in Uttar Pradesh are being built. Houses with ultra luxuries and modern amenities are facilitated. To avail their connectivity and accessibility roads, bridges and highways were constructed.

Real estate India was transforming into a bigger size. Apart from commercial houses residential units were being planned out. High rise constructions were promoted upon finding the scarcity of open spaces. This was an optimal solution for the consumption of lands, water and power supply. Safety and security too were ensured with these. With so much construction projects taking place they paved the scope for employments. Maids, servants, housekeeping staffs and securities were kept for gofer jobs. Thus, the slum dwellers got the respite from their poverties and were indulged as minions. The real estate industry also laid the scope of opportunities for employments for the fresh graduates.

The immovable properties were sold like hot cakes. Still people were intrigued in getting into the affairs. This was intended for resale, or putting them at lease or at rent. People bought the properties and expected appreciation of invested amount. This was quite obvious as commercialization was at peak. Even the Indians staying overseas showed interest in buying of lands and buildings for their possible comebacks. However, there was the illicit implication of the illegal people and of the cities development authorities in allotting flats and apartments. At this moment of time one thing can be suggested and that is the government like that of Singapore should look into the business so that neither fall victim.

The properties once purchased were expected to soar high in terms of prices. It was growth on investment made. The people in power took advantage of this but the good news was that the real estate industry stood next to agriculture in generating employment and revenue. Cities after cities were planned and implemented and the job seekers got the due job. People got the choices of their houses. Some preferred eco friendly while others were quite in hustling bustling crowds. Once there were flats and apartments there were shopping complexes and malls to meet their needs. This was a way to curb theft and burglary as everyone could get the source of their livelihood.

Uttar Pradesh was pacified in peace and prosperity. Large and giant buildings took the place. The people could nowhere have to travel in search of livelihood. Those who inherited lands and buildings from their forefathers were in the win-win situations. People from other states and cities migrated here and so there were cosmopolitan atmosphere. Uttar Pradesh became a land of diversity.


Ravi Chauhan writes on the behalf of Indian real estate I recommended to check out my last post on Ace Golfshire.

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