Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Overview of the Rental Property Market in India

Rashmi · 20-03-07

Excellent presentation Sanmukh

There are numerous factors that contribute to this incredible situation in the Indian rental property market.

Major factors that are responsible for bringing about this change include growth in information technology/information technology-enabled services industry like BPOs as they are renting large commercial spaces in order to expand their business process in India.

Apart from this, emergence of India as an important investment hub in the world market, growth in foreign direct investments and simultaneous growth in the purchasing power of the Indian middle class plays a pivotal role.

In order to overcome this demand for good accommodation in the big cities and surrounding areas which can meet the requirements of the population migrating to the cities for employment, people renting their properties soon realized that it is an amazing source for income as well.

Moreover with people aspiring rich lifestyle and an accommodation that matches their taste further drives the prices of rental property up the wall and makes it a lucrative business opportunity.

At this point it can be very conveniently said that rental property market has great potential and can turn out to be a reliable source of income generation.

The advantages of investing in rental property market can be summarized as below:

1. Demand for accommodation is ever increasing and people are willing to pay huge amounts for an accommodation that matches their taste and meets all the mentioned specifications.

2. In case immediate selling of any property is not possible, renting the accommodation is a good business and the returns are amazingly high.

3. Only apartments in multistoried buildings are not in demand but people seeking independent houses for rent are also many. As a result investment in building independent houses for renting purpose is also a money-spinning business with high rate of return.

20-03-07	#2
Rashmi Member Join Date: Nov 2006 Posts: 90 Thanks: 0 Thanked 0 Times in 0 Posts	Its BOOM time for India rental property Market Excellent presentation Sanmukh There are numerous factors that contribute to this incredible situation in the Indian rental property market. Major factors that are responsible for bringing about this change include growth in information technology/information technology-enabled services industry like BPOs as they are renting large commercial spaces in order to expand their business process in India. Apart from this, emergence of India as an important investment hub in the world market, growth in foreign direct investments and simultaneous growth in the purchasing power of the Indian middle class plays a pivotal role. In order to overcome this demand for good accommodation in the big cities and surrounding areas which can meet the requirements of the population migrating to the cities for employment, people renting their properties soon realized that it is an amazing source for income as well. Moreover with people aspiring rich lifestyle and an accommodation that matches their taste further drives the prices of rental property up the wall and makes it a lucrative business opportunity. At this point it can be very conveniently said that rental property market has great potential and can turn out to be a reliable source of income generation. The advantages of investing in rental property market can be summarized as below: 1. Demand for accommodation is ever increasing and people are willing to pay huge amounts for an accommodation that matches their taste and meets all the mentioned specifications. 2. In case immediate selling of any property is not possible, renting the accommodation is a good business and the returns are amazingly high. 3. Only apartments in multistoried buildings are not in demand but people seeking independent houses for rent are also many. As a result investment in building independent houses for renting purpose is also a money-spinning business with high rate of return.