consultancies has led to the introduction of greater availability
of market information, both in published and private form
pushing the sector to an organized market form.
Driving Forces
There are several factors that drive the Indian real estate industry
including the country’s emergence as an attractive off-shoring
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destination and availability of pool of highly skilled technicians
and engineers, development of large captive units of major
players, rise in disposable income and growing middle class,
increasing the demand for quality residential real estate and real
estate as an investment option, entry of professional players
equipped with expertise in real estate, development, relaxation
of legal rulings and processes by the governing bodies encouraging