India is on the bucket list for many travelers, and it is no secret why! Diverse landscapes, colorful festivals, and spicy-hot food are already enough reasons to pack your bags for a trip to Mumbai or Varanasi.
Whether you have come to India before this country or you have visited this country.
India recorded 26 official holidays including Independence Day, Deepawali, Holi, and Christmas. The wide range of festivals comes from the fact that many different cultural groups are mixed in the Indian population due to the abundance of holidays and festivals.
Here are fascinating facts about India that may amaze you:
The real estate market in India is one of the pallbearers of the economy, which is the second-largest job generator in the country after farming. The region has deep links with more than 220 affiliated areas.
The sector has about 6-7 percent of the economy and is set for around 13 percent by 2025 if all reform measures are executed well. The region has been one of the largest wealth creators in the last few decades.
After a temporary setback in light of structural reforms such as GST and RERA, liquidity in the banking system increased and buyer confidence slowly entered the real estate sector before COVID-19 reached Indian shores.
The Home Price Index of the Reserve Bank of India, which monitors house prices in 10 Indian cities, shows that the return from housing real estate has decreased dramatically. The average return from the real estate owner over the last decade has been 11.6% per year.
Some of the major investments and developments in this area are as follows: