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Indian Real Estate News
Infra and Realty Sector Expecting Stimulus from Budget 2011
Source: realestate.avashya.com Feb 25, 2011
Over the past few years, we have witnessed an increasing focus on infrastructure development of the country. For India, as a growing economy, infrastructure plays a critical role in the economic development. There is significant challenge that the infrastructure sector encounters in terms of the huge capital investment and long gestation period of the projects. More so, for India, environmental concerns, land acquisition issues, frivolous litigation in terms of PILs add as roadblocks to the infrastructure growth in the country.

In addition with a regime of high interest rates and high input costs (be it crude oil, cement, steel, etc), infrastructure growth is bound to suffer. While some of these factors are not capable of being addressed through the annual budget, it can definitely support in improving the eco system by providing tax reforms and directional policy measures. The infrastructure industry is hoping for Government support to make the industry more entrepreneur and investor friendly this budget.

Another sector which is equally important for India and which will be driven by infrastructure growth is real estate. India is perceived to be one of the emerging markets for real estate investment. Mumbai, New Delhi and Bangalore have taken the 3rd, 5th and 10th spot respectively among the top investment cities. These figures signify that there are huge investment opportunities in the real estate sector of India. Both these sectors are hoping that the Budget provides a fillip to their growth.

Tag: Delhi, Gurgaon, Mumbai, Property Prices, Real Estate Developers, Real Estate India
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