The 21st century belongs to Asia” is a quote often used when we talk about the growing economies in Asia and the Asia-pacific region. India, no doubt, is one of the most aggressively growing economies in Asia. The India of the 21st century holds a promising mirror to the world when it comes to providing profitable investment opportunities and a conducive environment to make profitable outputs. Across all spectra and sectors, India has witnessed a resurgence in investors’ increased interest. Be it Finance, Marketing, IT or Real Estate- You name it, and India has made strides in that sector.
For Example, the real estate industry in India has witnessed a significant push in recent decades. This push has, if anything, become even more evident in the post-covid scenario. The country’s real estate industry has shown signs of resurgence and unbearably, leaving the experts pondering over the promising future prospects of the industry. All the industry experts agree at least on one aspect: the future of the country’s real estate industry is remarkably ingenious and incredible- investment as well as return-on-investment wise.
The future leading pockets in the real estate industry would be the regions that today’s generation calls the dream cities, the hub of education and employment, and the convergence point for business and commercial activities – the cities of Noida, Gurugram, Mumbai, Bengaluru and Lucknow.
Let’s take Noida, for Example. This planned township leaves no stones unturned in making it to the top of the most sought-after locations for all kinds of investments, be it Finance, Marketing, IT or Real Estate. Noida has all that is required to be the safest investment heaven in India. Investment, too, pours in from all corners of the world for all quarters of industries and actors. Take the real estate sector in Noida, for Example.
The real estate sector in Noida has always been in the good books of the industry giants and experts. The city has a remarkable presence of all the major real estate developers and consultants like The Godrej properties, The Gaursons India, The Bhutani Infra Group etc. With impeccable and world-class infrastructure, the city has always been a darling to real estate investors, professionals and general buyers alike. There are various commercial properties like WTC CBD Noida, which attract real estate investors, business-minded individuals and entrepreneurs. With a very developed socio-physical environment, Noida presents the Indian version of the “American dream”. With swanky malls (GIP, DLF Mall of India), family restaurants, bars & discs, profit-generating commercial real estate like Bhutani Grandthum, well-maintained parks, gyms, popular entertainment zones, golf course & stadium dotting the city, this Indian version of American Dream seems to be on a roll.
You talk about investment and profit; Noida never fails to surprise. The city is also a major employment hub in the region, making it a place which is expected to leap forth and yield handsome returns on investment. There are a number of favourable factors that make Noida the investment hub of India like:
- Excellent Infrastructure
- Connectivity
- Employment hub
- Healthcare Facilities
- Quality Education
- High ROI
This saga of amplifying growth and development does not stop in Noida. India has this impressive trend of economic growth and prosperity across all of its states. That is why the quote “The 21st century belongs to Asia” finds itself repetitive in the academic and diplomatic circles across the globe. The impressive economic resurgence in the Indian city of Noida finds its resonance in other parts of the nation as well. Lucknow, for example, is one such city in the Indian state of Uttar Pradesh.
Lucknow is located in the heart of Uttar Pradesh. The city is not only culturally vibrant but is also an economic hub of consequence in terms of commercial and business activities. The real Estate industry in Lucknow, for example, has been one of the major drivers of the economic growth and prosperity in the region. The city has numerous commercial properties like DLF MyPad, which yield high returns on investment, making them favourable for many investors. Lucknow has been the centre of economic activity in the region, and the post-pandemic resurgence in the region’s economic activities has further improved the commercial prospects of the city.
Conclusion:
India has always been the centre of economic prosperity and civilisation from ancient times until now. The scale of profitable commercial activities and business in India has increased multifold, especially after the 1990’s Liberalisation, Privations and Globalisation (LPG) reforms. Despite the COVID-induced lockdown and global supply chain disruptions, the Indian economy has grown substantially, only to surprise the global community. With the projections of high economic growth in the coming future, India represents the future of the world. No doubt why the academic and diplomatic quarters across the globe echo, “The 21st century belongs to Asia”.