Netscribes, a knowledge consulting and solutions providing company with clients all over the world, has declared the publication of its new report titled, ‘Real Estate Broking Market in India 2011’.
According to the report, the rising level of disposable income with the people and the plans of the industry to systematize the sector has enabled the real estate broking market in getting the right thrust to grow in India.
The report presents a summary of the Indian real estate industry including its current market size and anticipated growth. It details about some of the major projects presently happening in India and offers brief details on all the sectors of real estate. It gives a synopsis on the Indian real estate broking market, the difference between the unorganized and organized broking market. It provides details on the major operational segments of the brokerage market and highlights the current rates of commission. The section is concluded by defining the prevailing offline and online business models rampant in the Indian brokerage market.
The report analyses factors that induce growth by discussing the present demand and growth in hospitality, office space and residential sectors and explains how the businesses remain profitable and the arrival of NRIs in the market. It explains how the real estate markets remain stable and is preferred over stock markets for solid returns. It explains how the NRIs look at India as a thriving market for growth.
It also discusses the challenges faced by the industry in the form of unorganized market that is very active and how the brokerage business depends solely on property sales. It discusses the market structure and the steps taken to make the market more organized and transactions more transparent.
The report also includes subsisting regulations in the market and the proposals of the government in making the transactions more transparent to make the market more organized. It details the present trend of stock brokers entering into real estate broking and the farmers who hold the land transforming into land brokers, and discusses the increase in number of specialized programs organized exclusively for real estate markets, and the partnership between the real estate developers and the brokers.
Source: http://www.netscribes.com