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Old 01-20-2009, 04:32 AM
DenisPark DenisPark is offline
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Join Date: Jan 2009
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Lightbulb Housing Companies

Hospitality sector is all set to hit the next milestone in the wake of fast flourishing real estate. The sector requires $1.5 billion to add three lakh hotel rooms over the next three years. This encouraged the government to bet on FDI to arrange for the same. Handsome amount of foreign investments are required in this sector. According to the data showcased by different surveys, the industry has attracted Foreign Direct Investment (FDI) worth $450 million. Lack of proper physical infrastructure, corruption, and red tape are some of the major roadblocks blocking domestic as well as foreign investment in hospitality sector thereby hampering its development. Once these are overcome, large investments will flow in. Government of India is planning to re-visit the foreign equity cap in the infrastructure sector and further liberalize the rules and regulations for FDI inflow. Hospitality industry has expressed the urgent requirement to develop budget hotels. The fluctuating taxation norms prevent potential foreign investors from parking in their money in India.

India has an enviable future ahead and has become a promising country to live in. Property developers are investing in India especially in residential complexes. This is resulting in houses for all and at an unbelievable price. Housing agency and Property developers combine fragmented residential space or plot in Cochin to form beautifully designed housing societies. Number of Construction Companies in India is investing in residential property of Cochin. Work of Construction Company is to build homes at a rate that suits the pockets of the buyers. Housing companies build new home, flats, villas or even bungalows at a stretch of couple of acres. Housing agency and property developers combine fragmented residential space to form beautifully designed Villa in Tripunithuraand other major places of Cochin. India Housing has been designed to provide all the useful information regarding purchase of house in major cities of India.

Last edited by admin; 01-20-2009 at 07:13 AM. Reason: Please put self promotional links in your signiture
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