Real Estate, What It Is and How It Works
What is Real estate: The term real estate means real, or physical property. Real estate consists of land and the buildings on it. This also includes any resources such as water, crops or minerals. Urbanization and economic growth have created a great demand for quality real estate in India and is the most preferred for asset investment! Real estate is of 4 types: Residential real estate, Commercial real estate, Industrial real estate and lands. Residential real estate: The properties for residence such as individual homes, apartments , etc. which are for residential purposes. The highest in demand and one of the emerging businesses in the country! This is a dynamic sector and is flourishing in recent years. With the transparency improvements like RERA, the home buyer being the “Financial creditor”, the industry is in a better shape. Buying residential real estate depends on various factors like location, water, the transport facilities, availability of schools and other