Real estate continued to boom in 2005. All the three segments - residential, commercial and retail - of the sector performed handsomely and contributed considerably to the economic growth of the country. The year 2005 has witnessed considerable improvement in the quality of real estate in the country. Because of the outsourcing of high-end jobs to India, Non-Resident Indians (NRI) are coming back to the country. There was huge demand for international quality real estate space in the A-grade cities like Delhi, Mumbai, Chennai, Bangalore, Hyderabad and Kolkata. But as the Industry is exposed to such high quality construction, the trend spread to other B-grade cities like Meerut, Ludhiana, Chandigarh , Amritsar, Ahmedabad, Surat and Pune also.

DLF, Eldeco, Parsvanath, ATS Infrastructure, Omaxe, and TDI among The current real estate boom have led, builders like Unitech, others, to buy huge lands in North Indian cities to develop residential and commercial properties. Today, one can buy a centrally air-conditioned apartment fit with all the latest gadgets like close circuit TV for security, gymnasiums, swimming pool, tennis court in almost all the A-grade cities in the country. Very soon, apartments with such specification would be available in small towns also.

Indian property market is immensely promising and most sought after for a wide variety of reasons such as:

Its ever growing economy which is on a continuous rise with 8.1 percent increase witnessed in the last financial year. The boom in economy increases purchasing power of its people and creates demand for real estate sector. India is going to produce an estimated 2 million new graduates from various Indian universities during this year, creating demand for 100 million square feet of office and industrial space. Presence of a large number of Fortune 500 and other reputed companies will attract more companies to this country thus creating more demand for corporate space. Investment in India yields huge dividends. 70 percent of foreign investors in India are making profits and another 12 percent are breaking even.

Apart from Services & Business Process Outsourcing, India has shown its expertise in sectors like auto-components, chemicals, apparels, pharmaceuticals and jewellery where it can match the best in the world. These positive attributes of India is definitely going to attract more foreign investors in the near future.