India is the world's twelfth largest economy at market exchange rates and the third largest economy in purchasing power. Economic reforms have transformed it into the second fastest growing large economy; however, it still suffers from high levels of poverty, illiteracy, malnutrition and environmental degradation. A pluralistic, multilingual, and multiethnic society, India is also home to a diversity of wildlife in a variety of protected habitats. Urban India now accounts for about one third of our population and two thirds of our GDP. However, the quality of life in the Indian cities is among the lowest in the world. If we try to visualize the roadmap for a better city life in near future, based on the signals coming out of the budget 2008-09, then its is a blinking red light at a busy intersection- confusion , as there are no clear indicators.
India Real Estate funds generally follow core-plus, value added, or opportunistic strategies when making investments.
• Core Plus: This is a moderate risk/moderate return strategy. The fund will generally invest in core properties however some of these properties will require some form of enhancement or value-added element.
• Value Added: This is a medium-to-high risk/medium-to-high return strategy. It will involve buying a property, improving it in some way, and selling it at an opportune time for a gain. Properties are considered value added when they exhibit management or operational problems, require physical improvement, and/or suffer from capital constraints.
• Opportunistic: This is a high risk/high return strategy. The properties will require a high degree of enhancement. This strategy may also involve investments in development, raw land, and niche property sectors. Investments are tactical.
Buying agents also known as relocation agents or property search agents is a term used to describe people acting as agents on behalf of a buyer and not the seller, as do traditional Estate agents or, in the United States, Real estate brokers whose job is to obtain the maximum price for a property for the seller. Buying agents represent the buyer's interests and normally undertake negotiations on their behalf to acquire a property for the best possible price and terms.
