Real estate industry in Delhi
Land is the basis of all businesses, whether its hospitals, factories, educational institutions, shopping malls, markets, food outlets, all are built on land. Every type of business needs a piece of land to establish them. Like the rise in the price of food products, leads to an increase in the prices of restaurants or daily budget of houses, same ways, a shoot up in the property rates affects all the business and their leading markets.
Real estate industry is the sector responsible for the evaluation of the prices for all the personal and commercial properties. The price standards for selling and purchasing the properties in a particular area are defined by a group of people called real estate regulators working under the of real estate laws. The industry of real estate is in itself a great industry divided into various sectors like: appraisals, brokerages, property management, real estate marketing, net lease, real estate investing, relocation services and corporate real estate.