Contribution of Real Estate

Empire Realty - Nashik

What is Real Estate? What defines the term Real Estate? Some of you are well versed with this concept of real estate; however, there are some of you for whom this is an entirely new concept. So, let us try to understand what Real Estate is before we step into the importance of real estate.

Real estate is the piece of property which comprises of the building constructed on it along with the natural resources such as crops, water, minerals, or any stationary property with similar attributes. There are a few segments of Real estate if we consider the Indian context. These segments are:

• Residential
• Commercial
• Retail
• Hospitality

Now that you know what real estate deals with, let us understand some of the important factors and outputs of the real estate industry in India.

• Real estate in India has become one of the fastest growing industries in the world and has come a long way. It has been not only drawing attention of many of the top builders and developers in India, but has also attracted many of the investors from across the world. India, being a developing nation, is now a major attraction for people to make a property purchase or invest in property with the growing real estate market across the country.
• India is still a preferred destination across the globe for builders and developers, investors and Non-Resident Indians (NRIs) and is favored by the investor-friendly government policies which encourage a healthy increase in globalization.
• Huge population of the country and the gradual increase in the income of the people along with the rapid growth and urbanization in the country has added to the growth of the real estate industry in India.
• With the expansion of the cities and towns in India, the increase in demand for infrastructure and space for educational institutions, healthcare facilities like hospitals and tourism has lead to generation of job opportunities in the real estate sector of the country.
• The real estate sector of the country is known to generate approximately 6.3% of the Gross Domestic Product of the country. This solely speaks of the revenue generation due to the real estate sector.

Read More:-

1. Challenges in Commercial Real Estate Investment
2. Modern Buildings and Homes by Empire Realty, Adapting to Growing India

Challenges in Commercial Real Estate Investment

Empire Realty - Nashik

Are you willing to invest in property in Nashik which is the 4th fastest growing city of India? Are you aware of the challenges that you may have to face in the process of investment in a property? If no, then the following section will help you have a better understanding of the challenges that may arise in your investment in property process.

There are a several obstacles in the process of investing in commercial real estate which are discussed in the following lines:

Properties in Nashik - Empire Realty

• Specialized Obtained Knowledge: In general, it is a long process of gaining a sound knowledge and experience about selecting and purchasing meaningful quality investment properties. Investing in the right property for best return on investments is not a small task. It requires well thought and planned research and knowledge about the various trends in the property of that particular location and field of a property/business firm. 
• Large Capital Requirements At Initial Stage:  it is commonly noticed that the initial requirements of most commercial real estate investments are at least 25%. However, these percentages are not fixed and varies from developer to developer and place to place. This might be a hindrance in your planning of the investment scheme which you would have classified over time basis. You may not be willing to make 25% of the investment payment at the initial stages due to various reasons. 
• Capabilities to control and keep up the physical assets: What is basically needed in managing and maintaining a property successfully is the focused research and proficient skills to implement the research over wise decisions.  If something within the property is not up to the mark it becomes another concern for owners and tenants.  It is convenient at times if the investors are allowed to partner with operators so that they can enjoy the real estate investment without having direct real estate ownership.
• Identification and maintenance of quality Income streaming: In an investment property which generates regular rental income that is secured by tenant leases, the assessment of the likelihood that a borrower will default on their debt obligations is of great importance. 

Considering the rapid growth in the Wine Capital of India, investing in commercial real estate of Nashik seems like a favorable and preferred choice right now as the builders and developers of the city are coming up with various projects for residential purpose as well as commercial purpose which are promising good return on investments.

Read More : -

- Modern Buildings and Homes by Empire Realty, Adapting to Growing India

- Uplifting the Lives of the People in Nashik and Investing with Empire Realty Properties