Key Factors Affecting the Growth of Real Estate Industry of Gujarat With the passage of time, real estate companies in Gujarat are emerging as the most popular way of investment. The increasing number of investment is the true proof its increasing popularity. Here, we are describing some of the important key factors that help to boost the growth of real estate industry in Gujarat. Unlike states of Maharashtra, Madhya Pradesh and Rajasthan, Gujarat is providing varieties of development opportunities to thousands of people across the country. Also, employers, business persons, multinational companies as well as students head towards the state to seek utmost advantages offered by the government. Here you will find out reasons that increase the growth rate of per capita of State’s real estate companies.
Growth of Various Industries: the government is providing attractive schemes to various industries for their development. Large scale industries like TATA, Maruti and many other automobile industries head towards the state in order to take the advantages of its rising schemes and technology. Along with automobile, chemical and plastic industries are also contributing an
effective part for the development of its real estate sector. Role of Educational Institutes: thousands of students find various attractive educational curriculum for making their life and future career. Most renowned institutes like Nirma University, CEPT, IIM, NIFT and NID are attractive a large number of students to develop their careers in their desired fields. This ultimately increases the accommodation requirements of the students. And thus, it indirectly affects the growth rate of real estate industries in Gujarat. Development of Multinational companies: hundreds of multinational companies are having their head quarters in the state. Right from banking companies to IT companies, a wide range of multinational companies are providing enchanting working opportunities to thousands of job seekers across the country. Thus, thousands of employees, workers and people looking for better life are attracted towards the state. And it increases the demands of real estate sector, as all these employees and workers need proper place of accommodation following by their jobs. Raising Business Opportunities: The state is also offering vast business opportunities to many small to medium scale businesses. Along with different development schemes, the Gujarat Government is providing various projects and schemes to boost up the local business. As a result number of business persons is heading towards the state which indirectly boosts the demands of real estate companies in Gujarat. Tourism: Tourism industry of Gujarat is also providing a great opportunity for the development of real estate companies in Gujarat. Because of large number of tourists, a number of hotels, motels and restaurants are developed which contributes a very effective role in the development of real estate sector. Article Source: http://gihed.blog.fc2.com/blog-entry-1.html