(a) It is catering for huge unmet demand
(b) Rising income levels - means one can afford house.
(c) Availability of finance at competitive rates.
(d) Investment in real estate is able to generate returns to tune of 11% to 15%
(e) Opening up real estate sector to FDI and private equity firms.
(f) Shift of housing focus to medium-income, middle class households as lot of untapped demand is seen.
(g) Efforts to tap smaller towns.
2. Thus it makes sense to invest in property now as Congress govt tenure has always seen firming up of real estate prices.
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