Sometime back the government had introduced the demonetization policy to curb the black money but its consequences have been really severe. Though the motive has been fulfilled to a large extent but the market has suffered from a big blow. There are no new projects in the market and even the old ones are left in uncompleted state. Also the prices have gone down thus leaving the developers helpless. Since a lot of time the market was already slow but with demonetization it has come to a standstill. Both the developers as well as the buyers are trying to keep away as there is no hard cash available with them.
But after the elections in US has got over and Trump has taken the seat, there are good signs for the Indian real estate market to improve. It is because Trump has shown interest in the Indian market and wishes to invest in it. This is certainly a good indication as Indian real estate will definitely boost up as major projects will be initialized in different cities. The overall cost of the project is estimated to be around $1.5 billion which will definitely pace up the market. But it is just the brand that the Indian market will get while all the investments will be under the control of the US President.
The brand licensing agreements have already been signed and the projects will soon begin in cities like Mumbai, Kolkata etc. The US government has tied up with some of the reputed builders and developers of the real estate market so that they can come up with the finest and luxurious apartments spread in acres of land. Even Pune is one of the cities where the project will start soon with many popular personalities showing interest in it.
Though the Indian government will enjoy no investment in the projects but still the real estate market will definitely experience a boost which is need of the hour. Such an investment from US will not only help in improving the market conditions but useful for the economy as well. This in turn will influence the overall growth of the country which is crucial at this point of time. So there is no denial to the fact that such a big investment coming from the US will surely bring a revolution in the Indian Estate market with the developers already making the right use of the opportunity.
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