Harsh Macro Developers

India’s real estate market comprising housing, retail, hospitality and commercial is expected to reach US$ 180 billion by Real estate is currently fourth-largest sector in terms of Foreign Direct Investment inflows as from April 2000–May 2015 it was US$ billion. Government of India has been supportive to real estate sector.

Union Cabinet approved 100 Smart City Projects in India in Government raised FDI limits for townships and settlement development projects to 100 per cent. Real estate projects within Special Economic Zone are allowed 100 per cent FDI. In Union Budget , government allocated US$ 3.72 billion for housing and urban development. Government released draft guidelines for investments by Real Estate Investment Trusts in non- residential segment.

Real estate growth is spurred by corporate environment in demand for offices, urban and semi-urban accommodations like residential flats in Jaipur. Construction industry ranks third in 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy. Sector drives huge non-resident Indian investments in short term and long term for products like Jaipur luxury flats.residential flats in Jaipur

 Indian real estate is likely to cross US$ 180 billion by  Housing sector alone contributes 5-6% to GDP. By 2020, market is likely to increase at Compound Annual Growth Rate of 11.2%.  Retail, hospitality and commercial emerging to give infrastructure for Indian growing demands.  PEs invested US$ 2.4 billion across 53 transactions compared to US$ 1.3 billion across 57 transactions in preceding year. Market Potential

 Huge deals in residential projects (luxury and affordable) attracting big sums of capital.  PEs and NBFC’s increasing investment in projects to evade risk and have bigger transactions.  Rajasthan is first state to initiate private investment in affordable housing scheme signing 4 MOU’s with private real estate companies for investment of Rs 5,400 crore (US$ 810 million).

 Invariably well-informed consumers  Globalization  Handling several projects across cities  Centralized materials sourcing process  Organized manpower hiring qualified professionals in vital areas like project management, architecture and engineering  Higher FDI into Indian real estate  Increased transparency  Accurate accounting and management systems Professional Changes

There are still innovative options for the average income earner to access decent luxury flats in Jaipur with an inclusive, forward looking and expanding Indian real estate sector.decent luxury flats in Jaipur

Harsh Macro Developers Ltd. Harsh Tower, Plot No.8, Near GopalPura By- Pass, Triveni Nagar Mod, Jaipur Contact no Harsh Macro Developers Ltd. Harsh Tower, Plot No.8, Near GopalPura By- Pass, Triveni Nagar Mod, Jaipur Contact no /harshmacro