India’s real estate investment market has grown rapidly over the past three years. Average return of around 50% per annum in the sector for last four years has attracted huge investments from various quarters.

The real estate cavalcade rolls on. It began with information technology and kept gathering momentum with every new announcement. In came Biotechnology Park, Knowledge Park, Hardware Park, Apparel Park, sporting stadia and promise for a swank new Airport and wide ring roads. And before the last of the boosters could fizzle out, came the announcement on Hyderabad being chosen as host for the multi-crore Fab City.

The last few months have indeed provided an impetus to a flourishing real estate activity in the city and suburbs. Some of the much publicised projects that promise to change the way the city appears have began taking a final shape and this pushed the property prices a notch higher. No doubt Hyderabad figures prominently when experts sit to compile a list of the most favoured destinations for property related investments.

In recent times, India, though still rated as a developing nation, has become an attractive destination for overseas investments. With more and more foreign companies setting up offices in India, the BPO boom, recognition of Indian IT talent, development of expressways, metro rail projects etc. on the cards, Indian economy has seen a surge like never before. Consequently, real estate is also booming. The overall Indian real estate market is said to be growing at a rate of over 7% annually. Experts believe that even though the 2006 financial budget does not contain any direct benefits for the real estate business, yet real estate prices are expected to shoot up by 30% due to the current strong economic state. .