Soon Realty Markets to bounce back

The 2014 Lok Sabha elections have come at a time when the market sentiments are at their lowest ebb. The stock market is looking like a forlorn warrior coming through various battles over the last decade especially the last few years. The manufacturing industry, the export market and the real estate industry are looking jaded and thirtsy. they need some momentum, some boost, some kind of magic tonic to pull them out of the doldrums. Theere is a huge speculation that the new government will usher in a new wave of prosperity with some positive and swift action that will mobilise the entire country to wake from this slumber. Inflation which has hit an all time high would be checked in and the business market will get the real traction that it so badly needs at this momemnt in time.

This election has been the most costliest in the entire history of Indian elections. Not only that this particular election has given a run for its money to lections in the USA too. The funds that have been pumped into this election has come largely from corporate houses. So while the biggies have been fudning politicians there are many industries that are bearing the brunt of this outflow. they have been deprived of funds and sectors like real estate which are highly capital intensive as well capital sensitive have been almost dry. for almost a year now.

All these funds would definitely come back in terms of investments in various sectors including the real estate too. However this would take time - atleast a year to 2 years.

The Indian property market is definitely an industry that can be super successful with a prudent government. Where else in the world do you have such a vast number of consumers ?? With a right attitude and a profesional approach the Indian real estate can be a boon for everyone involved init including the consumers.

The real estate farternity would therefore have a different exepectation from the new government. It would want a robust environment for the property market to grow. Transparency, accountability, a single window clearance, strong economy, low interest rates for housing loans, proper real estate laws, etc. would definitely form the backbone of a strong and confident property market in India.

Let's all hope that this new era of governance not only helps the realty industry to bounce back from the depths of despair but also take it to glorious heights henceforth.