Real Estate Booming in IndiaPosted by theiconthane on December 19th, 2019 Average property prices in the top 10 most active micro-markets in India has remarkably increased from 6 to 11%, all in a period of 3 years. Post the triple tsunami since 2016 onwards – demonetisation, RERA and GST - the price rise is phenomenal. Apart from Thane, MMR’s Panvel and Dombivili have also seen a considerable price rise. It’s also noteworthy here that as per recent statistics, wealth of top 100 Indians in the real estate sector has gone up by 16%. Mumbai accounts for 6 of the top 10, and 37 of the 100 names are residents of Mumbai. Interestingly, established real estate players are registering a strong performance in adverse current market conditions. Global conglomerate Risland’s maiden project in India, The Icon in Thane, is a gateway to futuristic smart living concept. With an advanced construction technology and unique lifestyle amenities, the brand imparts an experience of its core expertise of building a smart future for residents. Source: http://theiconthane.com/blog/2019/12/19/real-estate-booming-in-india/ Like it? Share it!More by this author |