India’s population is expected to be 1.3 billion in the year 2020. The demand for property for sale in India is surely going to increase. To supply the demand, developers started several projects in India. Recently affordable homes became popular because apartments are preferred by more people rather than bungalows. They are easy to maintain and affordable, before the need of big houses like villas and bungalows in India is preferred because families in India preferred to live in joint families. More and more families prefer to live separately on flats and smaller apartments in India the more reason for developers to create new projects. So this is the right time to purchase not only residential properties but also India commercial properties.
Affordable housing in India is the focus on development of real estate developers today. This is why most residential project while being developed all units is already sold even it is not yet completed or nearing completion. These new concept of home in India is becoming in demand because buyers consider them as international standard style of living at cheaper prices.
But some still prefer to buy traditional bungalows in India this is because investing on them could mean that value of the property will increase in time. This is why some developers are still coming up with projects of detached houses but are still trying to make them affordable. Developers are always putting in mind to jive with the international styles in designs and colors. This is a way how developers are attracting people to invest back in residential bungalows.
The commercial market in India has also increased a lot and investment on these kinds of properties is back on the rise. This is due to retail increase and it causes the big increase in value of the property. Commercial properties in India are on major upgrades in a huge way. Most businesses prefer to put shop in big malls rather than having traditional, individual and small shops. This only shows that India’s real estate industry is fast growing and this is the best time for investors to consider India as a prospect country to invest on.