The Indian economy is facing a lot of turbulence, and 2013 saw many twists for Indian real estate market. We bring to you an overview of existing situation of this industry, probability of profits, risks, tips on bettering returns and alternate investment options.
Current Economic Scenario
In 2013, the RBI and the Government were unable to meet the projected 8% growth in GDP. The next few months would be crucial in determining financial conditions across various sectors. Increasing inflation has crossed previous statistics, and the rupee is at a new low. With depreciation in economy, real estate investment appears to be in soup. The 2014 may not be feasible for many, yet fruitful for some considering pros and cons of Indian property profitability the coming year.