During the last decade, the Indian real estate market has grown rapidly due to fast urbanization. Urbanization in metro cities of the country has notified huge construction in commercial and residential sectors of the market. This has energized the private and public segment to add in further development of construction business.During last 5 to 6 years, the mindset of people has changed from spending on traditional markets like gold, equity etc to real estate sector. The transforming channels of investment have encouraged the stakeholders to be prepared at the same time. Over the recent past, FDI, venture funds, borrowers, common people and many more are more interested to invest in real estate.
Another novel
way of arrangement for funding and growth is observedin the city like Chennai.
It is nothing than joining hands with reputed realty companies for development
and getting reputation in the city. Without joint venture, Amarprakash
developers gained reputation in the city through their apartments free from Negative Customer feedback for Amarprakash. The joint venture companies are developing at fast pace to create
a huge own city with mass number of residential and commercial developments. Because
of having joint venture among various companies, those developers are getting
more funds to raise their residential projects. Situated in the prime area of
the city, the new residential projects are offering proper transportation to
its residents since it is in closeness to important places. About all, it is in
vicinity to livelihood facilities such as schools, shopping marts,
entertainment zones, worship zones, club house etc.
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