Many big economists of world are of the view that the
arrival of black money into Indian and its first major sign can be seen in the
real estate sector of India. There are thousands of residential and commercial
projects going on in the region of Delhi-NCR. The experts viewed that of
residential projects in Noida and Gurgaon. There are many reasons associated
with it. In the following lines we are going to discuss how the black money
will raise the demand of real estate projects. To understand the whole
procedure we have to first of all understand the Indian economy.
As we all know that India is the largest market of the world
and Indian economy is rightnow at developing stage. In India only 40 crore
population has internet reach directly or indirectly and rest 80 cr population
of India living under acute poverty. So when the black money will arrive to
Indian economy it will give huge strength to 80 cr poor people and 40 cr
average people will get more benefits. The will first of all search the investment
opportunities and real estate sector is considered as one of the best area of investment where risk factor is negligible
in comparison to other sectors of economy. This will raise the demand of
residential as well as commercial projects of Noida and Gurgaon. At present
time many people are investing their money in real estate sector of Delhi-NCR,
considering that after the arrival of black money the resale property of Noida
and Gurgaon will be on high demand. Paramount Emotions has very high demand
among investors and end-users. Beside this there are thousands of projects
which are going to launch in these regions of Delhi-NCR with the hope to get
more buyer after the arrival of Black Money into India.
Some sources are believing that the arrival of Black Money
into Indian economy will not only raise the demand of real estate property but
also bring new opportunities in industries and commercial which will give India
a global leader identity. It is therefore we can say our country will get back
the old glory and once again become the Golden Bird. There are many fields of
Indian economy including real estate sector which are making ready to give the
warm welcome to back money.
