UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 4
April-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1904527


Registration ID:
204894

Page Number

182-190

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Title

A Study on the demand supply behavior of corporate offices in NCR

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Abstract

Real estate sector depicts the actual economic development of a particular nation. India, one of the fastest developing nations in this world since independence has successfully emerged as one of the lucrative destinations to reap assured benefits on real estate investment in almost all the states and cities of the nation. This substantial growth has been the result of increasing demands from off-shoring businesses. Off-shoring consulting houses and call centers have generated demand for real estate to a great extent. The Indian economy has transformed substantively over the last two decades, growing consistently at an average of 7 percent and is poised to take place among the leading economies in the years to come. The economic performance of India has provided strong impetus to the real estate sector, which has been witnessing heightened activity in the recent years. Substantial end users and investor interest, large scale investment in infrastructure and rapid urbanization have contributed to the growth trajectory of Indian real estate. The real estate growth story is clearly visible in urban centers such as Delhi, Mumbai and Bangalore which have acquired global character and recognition. Growing at a rate of 30 per cent, the real estate sector has emerged as one of the fastest growing investment areas for domestic as well as foreign investors. The sector will remain as a booming sector and more investment is expected in the coming years. This vital sector is linked to about several ancillary industries like cement, brick and steel. Thus, this sector has a strong backward and forward linkages and the growth will translate into an overall positive impact on these ancillary sectors too. What prompts an average person to try his fortune in the real estate sector? The reasons are numerous, the first and foremost being the myth that the real estate business is riskless. The second reason is the growing Indian middle class with a low propensity to consume and more botheration about future. Thirdly, the ever growing housing needs fueled by low interest rate. Last but not the least, herd behavior leading to the 'keeping up with the Joneses' notion i.e.

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A Study on the demand supply behavior of corporate offices in NCR

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"A Study on the demand supply behavior of corporate offices in NCR", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.182-190, April-2019, Available :http://www.jetir.org/papers/JETIR1904527.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"A Study on the demand supply behavior of corporate offices in NCR", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp182-190, April-2019, Available at : http://www.jetir.org/papers/JETIR1904527.pdf

Publication Details

Published Paper ID: JETIR1904527
Registration ID: 204894
Published In: Volume 6 | Issue 4 | Year April-2019
DOI (Digital Object Identifier):
Page No: 182-190
Country: -, -, - .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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