reality sector /real estate sector in india

reality sector /real estate sector in india

Real estate is "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; (also) an item of real property; (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing.

It is a legal term used in jurisdictions such as the United States, United Kingdom, Canada, Australia, and New Zealand.

Top 10 Real Estate Companies in India

1 |DLF Ltd.
Corporate Office – New Delhi | Founder – Kushal Pal Singh |
Establishment – 1946 | Business – Real Estate |
Sectors – Residential, Commercial and Retail
Top 10 Real Estate companies in India

2 | Jaypee Infratech Ltd
Corporate Office – Noida | Founder – Jaiprakash Gaur |
Establishment – 2007 | Business – Real Estate |
Sectors – Commercial, Industrial, Institutional, Residential and Recreational

3 | Oberoi Realty
Corporate Office – Mumbai | CMD – Vikas Oberoi |
Establishment – 1980 | Business – Real Estate |
Sectors – Residential, Commercial, Retail, Social Infrastructure, Hospitality
Top 10 Real Estate companies in India

4 | Ansal Properties & Infrastructure Ltd
Corporate Office – New Delhi | Founder – Late Lala Chiranjiv Lal Ansal and Sushil Ansal |
Establishment – 1967 | Business – Real Estate |
Sectors – Commercial, Housing, Retail

5 | PARSVNATH DEVELOPERS LTD
Corporate Office – New Delhi | Founder – Pradeep Kumar Jain |
Establishment – 2000 | Business – Real Estate |
Sectors – Residential, Commercial, Malls, Hospitality, Retail
Top 10 Real Estate companies in India

6 | Unitech
Corporate Office – New Delhi | Founder – Ramesh Chandra |
Establishment – 1972 | Business – Real Estate |
Sectors – Residential, Commercial, Retail, Hospitality

7 | Merlin Group
Corporate Office – Kolkata | MD – Sushil Mohta |
Establishment – — | Business – Real Estate |
Sectors – Residential, Commercial, Hospitality, Townships

8 | Godrej Properties
Corporate Office – Mumbai | Founder – Adi Godrej |
Establishment – 1990 | Business – Real Estate |
Sectors – Residential, Commercial Complex, Township

9 | OMAXE LTD
Corporate Office – New Delhi | Chairman – Mr. Rohtas Goel
Establishment – 1989 | Business – Real Estate |
Sectors – Residential, Commercial, Township,

10 | DB REALTY
Corporate Office – Mumbai | Founder – Vinod Goenka , Shahid Balwa |
Establishment – 2007 | Business – Real Estate |
Sectors – Residential, Commercial
Top 10 Real Estate companies in India

other real estate companies

List of Construction and Real Estate Companies in India
A
Ackruti City Ltd
Afcons Infrastructure Limited
Ahluwalia Contracts (India) Ltd
Ajmera Realty & Infra India Ltd
Alacrity Housing Ltd
Alchemist Realty Ltd
Alpine Housing Devp. Corpn. Ltd
Alpine Housing Devp. Corpn. Ltd
Alstom Projects India Ltd
Anant Raj Inds. Ltd
Anna Infrastructures Ltd
Ansal Buildwell Ltd
Ansal Housing & Construction Limited
Ansal Properties & Infrastructure Ltd.
Aramusk Infrastructure Investments Ltd
Arihant Foundations & Housing Ltd.
Asahi Infrastructure & Projects Ltd
Ashiana Housing Ltd
Associated Stone Inds. (Kotah) Ltd.
B
B.E. Billimoria & Company Limited
Binani Industries Ltd.
BL Kashyap & Sons Ltd
Brigade Enterprises Ltd
BSEL Infrastructure Realty Ltd
C
Century Textiles & Industries. Ltd.
CHD Developers Ltd
Country Condo'S Ltd
D
Dhoot Industries Ltd
Dhruv Estates Ltd
DLF Limited
DMC International Ltd
DS Kulkarni Developers Ltd
E
Eldeco Housing & Inds. Ltd
Elnet Technologies Ltd
Epsom Properties Ltd
F
Fact Enterprise Ltd
G
Gammon India Limited
Gammon Infrastructure Projects Ltd
Ganesh Housing Corpn. Ltd
Gannon Dunkerley & Company Limited
Garnet Construction Ltd
Garnet International Ltd
GCCL Infrastructure & Projects Ltd.
Global Infrastructure & Technologies Ltd
Godrej Properties Limited
Gujarat Narmada Flyash Company Ltd
Gujarat Narmada Flyash Company Ltd
Gyan Developers & Builders Ltd.
H
Harringtons Industries Ltd
Hazoor Multi Projects Ltd
Hazoor Multi Projects Ltd
HB Estate Developers Ltd
Hindustan Construction Company Limited
Hiranandani Developers Private Limited
Horizon Infrastructure Ltd
Housing Development & Infrastructure Ltd
I
Indiabulls Real Estate Ltd
Indo-Asian Projects Ltd
IVR Prime Urban Developers Ltd
J
J Kumar Infraproject Ltd
Jainco Projects (India) Ltd
Jaiprakash Associates Limited
JMC Projects (India) Ltd
K
Kajaria Ceramics Ltd
Kakatiya Cement Sugar & Industries Ltd
Kalyanpur Cements Ltd.
Kamanwala Housing Construction Ltd
KCL Infra Projects Ltd
KCP Ltd.
KMF Builders & Developers Ltd.
Kolte Patil Developers Ltd
L
Lancor Holdings Ltd
Landmark Property Development Co Ltd
Larsen & Toubro Limited
Link House Inds. Ltd
Lok Housing & Constructions Ltd
M
Mangalam Cement Ltd.
Manjeera Constructions Ltd
Maple Infraprojects Ltd
Marathon Nextgen Realty Ltd.
Marathwada Refractories Ltd.
Marg Ltd
Martin Burn Ltd
Maruti Infrastructure Ltd
Matra Realty Ltd
Maytas Infra Ltd
MVL Ltd
N
Narendra Properties Ltd
Navkar Builders Ltd.
NCJ International Ltd
NCL Industries Ltd.
Nila Infrastructures Ltd
Nirman Cements Ltd
Nucent Estates Ltd.
O
OCL India Ltd.
Omaxe Limited
Orbit Corporation Ltd
P
Parsvnath Developers Limited
Peninsula Land Ltd.
Phoenix Mills Ltd.
Prajay Engineers Syndicate Ltd
Prerna Infrabuild Ltd
Prime Property Devp. Corpn. Ltd
Proto Developers & Technologies Ltd
Punj Lloyd Limited
Puravankara Projects Limited
PVP Ventures Ltd
R
Radhe Developers (India) Ltd.
Rainbow Foundations Ltd
Rajeswari Foundations Ltd
Ramky Infrastructure Limited
Rander Corporation Ltd
RDB Industries Ltd
Regaliaa Realty Ltd
Ritesh Properties & Inds. Ltd
S
Saag R R Infra Ltd.
Sahara Housingfina Corpn. Ltd
Sahyadri Industries Ltd
Satra Properties (India) Ltd
Saurashtra Cement Ltd.
Shree Digvijay Cement Company Ltd.
Shri Krishna Devcon Ltd
Shristi Infrastructure Development. Corpn. Ltd
Shukun Construction Ltd
Simplex Projects Ltd
Simplex Realty Ltd.
Sobha Developers Ltd
SSPDL Ltd
Steel Strips Infrastructures Ltd
Sterling Green Woods Ltd
Sterling Green Woods Ltd
Sunteck Realty & Infrastructure Ltd
T
Tata Construction & Projects Ltd
TeleCanor Global Ltd
Thakkers Developers Ltd
Tirupati Sarjan Ltd
Tribhuvan Housing Ltd
Trinethra Infra Ventures Ltd
Triveni Glass Ltd.
U
Unitech Limited
V
Vas Infrastructure Ltd
Venus Ventures Ltd
Victoria Enterprises Ltd
Vijay Shanthi Builders Ltd
Vipul Ltd

Overview
Introduction


Next to Agriculture, Real Estate is the second largest employer in the economy. It comprises of four sub-sectors – housing, retail, hospitality, and commercial. While housing contributes to five-six percent of the country’s GDP, the remaining three sub-sectors are also growing at a rapid pace, meeting the increase in infrastructural needs.

Responsible for 7-8 percent of global cement production, India is the second largest cement market in the world, and also an exporter to 30 countries. According to the Cement Manufacturers’ Association (CMA), there are 39 large cement plants and 365 mini and white cement plants in the country.



Overview

With a market size of USD 66.8bn, the Real Estate sector contributes around 5 percent to the nation’s GDP. While the market is growing, there remains a housing shortage across both urban and rural areas, estimated to be 20.5 million and 26 million respectively. This demand for residential space is projected to grow sharply at a CAGR of 19 percent in 2010-2014. Currently, there are few big players like DLF and Unitech that drive this segment.

Commercial space demand is arising from metro cities like Delhi-NCR, Mumbai and Bengaluru, and will see an upward trend at a CAGR of 7 percent between 2010 and 2014. Few large players dominate the market and hold pan-India presence. However, the overall business in this domain is witnessing a shift from sales to lease and maintenance.

Though retail space accounts for a small portion of the overall real estate market and organised retailers are few, increasing collaborations between international retail brands and Indian partners is likely to promote a strong growth in the retail space.

Hospitality market comprises hotels, service apartments and convention centres. NCR and Mumbai remain the biggest hospitality markets in India.

The cement industry in India is divided into five geographical segments, wherein the North and South regions are the leading suppliers of cement. The East, West and Central regions face deficit of cement, thereby relying on purchases from the North and South. Leading players in this sector (by market share) are Shree Chem, Ultratech, Ambuja, Binani, ACC, India Cem, Dalmia Cem, Madras Cem, Lafarge, and OCL India.



Factors that will drive growth in this sector
Robust economic growth is driving the demand for commercial property. Urbanisation and growing household income is boosting demand for residential real estate.
Hospitality space is gaining from increased flow of foreign tourists to the country (CAGR of 6.6 percent during 2005-10).
FDI in real estate and construction is on an uptrend, accounting for 22 percent of total FDI. 110 deals were closed in the sector between 2001 – mid 2011.
Housing segment growth is leading to higher demand for cement for homebuilding.
Government’s 12th Five Year Plan focuses on increasing infrastructure (upgraded airports, ports, railway expansion, etc.) to drive construction activity.
Rise in commercial and retail spaces, along with hotels in near future, will account for increased demand for cement.



Government initiatives

Introduction of few policies by the Government is allowing the growth of the real estate and construction sector:
Housing finances are becoming feasible with the housing loan limit being raised to US $52080 for priority sector lending.
US$ 625 million have been allocated for the Rural Housing Fund to provide homes to economically weaker sections.
FDI up to 100 per cent is allowed with government permission for developing townships and settlements. FDI up to 100 per cent is also allowed in hotel and tourism sector through automatic route.



Demand for professionals

CMA predicts that cement production of one million tonnes will generate downstream employment for 50,000 people. According to the 'Real Estate and Construction Professionals in India by 2020' study by Royal Institute of Chartered Surveyors (RICS) in November 2011, there is a demand-supply gap in the order of 82-86 percent in the number of professionals and the skill sets for the core, namely civil engineering, architecture and planning. The study indicates a supply-demand gap of 44 million core professionals by 2020.



By Nimrata Grewal

It’s all about productivity. India scores poorly on indexes of economic variables that are critical for economic efficiency -- worse than Brazil, China and even Russia. To change that, it needs to do 10 things:

1. Improve its governance. This is probably the hardest and most important task -- the precondition for the rest. Modi is right: Whoever leads the next government in 2014, India needs maximum governance and minimum government. There is no point having the world’s largest democracy unless it leads to effective government.

2. Fix primary and secondary education. There has been some progress here, but a huge number of young people still get little or no schooling. I sit on the board of Teach for All, a global umbrella organization for groups that encourage the brightest graduates to spend at least two years teaching. Today India has about 350 teachers in these programs. It could do with 350,000 or more.

3. Improve colleges and universities. India has too few excellent institutions. Its share of places in the Shanghai ranking of the world’s top universities should be proportional to its share of global gross domestic product -- meaning 10 universities in the top 500 (it currently has just one). Make that an official goal.

4. Adopt an inflation target, and make it the center of a new macroeconomic policy framework.

5. Introduce a medium to long-term fiscal-policy framework, perhaps with ceilings as in the Maastricht Treaty -- a deficit of less than 3 percent of GDP and debt of less than 60 percent of GDP.

6. Increase trade with its neighbors. Indian exports to China could be close to $1 trillion by 2050, almost the size of its entire GDP in 2008. But India has little trade with Bangladesh and Pakistan. There’s no better way to promote peaceful relations than to expand trade -- and that means imports as well as exports.

7. Liberalize financial markets. India needs huge amounts of domestic and foreign capital to achieve its potential -- and a better-functioning capital market to allocate it wisely.

8. Innovate in farming. Gujarat isn’t a traditional agricultural producer, but it has improved productivity with initiatives like its “white revolution” in milk production. The whole nation, still greatly dependent on farming, needs enormous improvements.

9. Build more infrastructure. I flew in to Ahmedabad via Delhi, and out via Mumbai, all in a day. I got where I needed to go -- but it’s obvious how much more India needs to do. Adopt some of that Chinese drive to invest in infrastructure.

10. Protect the environment. India can’t achieve 8.5 percent growth for the next 30 to 40 years unless it takes steps to safeguard environmental quality and use energy and other resources more efficiently. Encouraging the private sector to invest in sustainable technologies can boost growth in its own right.

I’ll have a lot more to say about the details as this project moves forward. For now, suffice to say that India’s potential is vast -- and given the will, it can be tapped.

Indian Government has taken several initiatives to Boost up Real Estate Sector

Posted by: sanjay.sarraf
in IPMRCL
May 12, 2013
0
370 Views

Real Estate is seen as one of the most revenue generating sectors of any country. Its growth as well as downfall both affects the economy of the country. In India, which is a developing economy, the role that real estate plays is very vital. So, government keeps a proper track of the development in this sector. Every year, new policies and laws are made and implemented by the government in order to bring in growth in the real estate. All these policies ease the investors as well as buyers thereby boosting the real estate growth.

Here, in this write up we will let you know about the recent initiatives taken by the government to bring in hike in the real estate sector.

The steps taken are:

In order to give impetus to the growth of Real estate market, the government has taken several initiatives like:
Reserve Bank of India has come out with different concessional schemes. For increasing the growth graph of real estate sector, RBI has given banks the authority to plan out new schemes that will benefit this sector.
The ULCRA i.e. Urban Land Ceiling and Regulation Act has been repealed by various states thereby bringing in hike in the real estate sector.
Increased share of FDI: In single-brand retail outlets this share has been raised to 51% and in cash-and-carry, the share is 100%. In reality projects, 100% FDI is allowed but through automatic route.
Funds allocated by the government for Urban Development were increased to US$ 1.17 billion from US$ 660.3 million.
The minimum area that can be developed in terms of integrated townships has been reduced to 25 acres from 100 acres. This has greatly helped the developers in making more profits and thus augmenting the real estate growth.
Share for the Rajiv Awas Yojna has been increased from US$ 32.4 million to US$ 274 million.
After three years of investment, there will be full repatriation.
For joint ventures and wholly-owned subsidiaries, the minimum capital investment is US$ 5 million and US$ 10 million, respectively.
Increase in funds for Housing from US$ 183.4 million to US$ 215.8 million.
Granted a tax holiday on profits from initiates in the financial year 2007-2008
Investing on housing projects of unit type of 1000 to 1500 square feet will prove to be highly beneficial.
Steps that Ministry of Commerce and Industry has taken: It has speeded up the development of SEZs by making the procedure of getting the tax-free industrial enclaves notified easier thereby easing the developers.

Government churns out huge amount of profit of real estate sector so it ensures that the investment in it is done without many obstructions. Apart from the above mentioned initiatives, there are various others that the government of India has taken to boost the growth of real estate.

Benefits of a Real Estate Career
The Reasons Many Choose to Become Real Estate Agents

It's really quite easy to recruit new real estate agents. When a broker who loves the business talks with a potential agent candidate, you can feel the excitement building. From being their own boss to growing a lifelong business, there are so many reasons to choose a real estate career.

Be your own boss. Most real estate agents are independent contractors. They set their own work schedules, develop their client base, decide on their marketing methods and grow their business as their own.

Your business growth is all up to you. There are no limits for growth of your real estate business. Couple a good attitude with a superior work ethic and you can realize fantastic rewards. You'll need to incorporate good business skills and develop effective marketing. It's all in your hands.

Excellent client service will yield future rewards. In the "2005 National Association of Realtors® Profile of Home Buyers and Sellers", we see that 66% of home buyers said they would definitely use their real estate agent again or recommend the agent to others. It's a huge benefit of this business to be able to reap future business from the good will of past customers (clients). So pay as much attention to the nuts and bolts of the job and to customer service as you do to marketing. You'll see great results later.

Your time is yours, so take that vacation! Develop relationships with other agents in your office. Once you find someone with a similar style and work ethic, you can work with each other to set up off time and know that your clients will be handled the way that you want. You're in charge of your business and your time off.

Your business can be as large as you like. The real estate business offers huge potential for expansion from your "one person show" beginnings. As an agent, your income is controlled in large part by the time you invest. Grow your business by adding an assistant, or several. Or you can get your broker license and build a brokerage, sponsoring agents to leverage your potential.

Develop a plan to provide the "good life" later. If you decide to develop a brokerage business, it's possible to structure it for sale at any point in the future. Using good business practices, the value of your brokerage business will grow and be a marketable retirement asset.