Sunday, November 18, 2007

Real estate sector is growing like a rocket globally.Housing being a prime neccesity the builders have flourished everywhere.
The real estate story in India is growing bigger by the day. Industry experts believe that Indian real estate has huge demand potential in almost every sector -- especially commercial, residential and retail.
Builders have raised the prices like anything.Common man even after putting all his savings cant buy a decent house.
We are a group of civil engineers wish to create economical house with very less profit magins,so that a common man can think of buying a house of his budget.

We invite all fellow civil engineers to come and work for this noble cause.
We have already started 2 of our projects in pune,the cultural capital of india,with our cost per square feet less as compared to others.

Also we guide for checking various legal papers before buying a property.This is been done for interest of a common mass of people.

We wish to invite all engineers and related professionals to comment.

REAL ESTATE BOOM GLOBALLY

Housing is a need till mankind lives on this planet.Out of the three basic requirements ,house,food and clothing,housing is gaining significance.


Industry sources say over 90 foreign investors are already in the country tapping investment avenues. Nearly two dozen US funds are raising US$ 3.5 billion for investments in Indian realty. Those raising the funds include Wall Street powerhouses such as the Blackstone Group (US$ 1 billion) Goldman Sachs (US$ 1 billion), Citigroup Property Investors (US$ 125 million), Morgan Stanley (US$ 70 million) and GE Commercial Finance Real Estate (US$ 63 million). Others raising funds are JP Morgan, Warburg Pincus, Merrill Lynch, Lehman Brothers, Warren Buffett’s Berkshire Hathaway, Colony Capital and Starwood Capital.