The Real Estate sector is a vital part of any countries’ economy. Any sector has major stakeholders who call the shots and are often inter-dependent on one another in some way or the other.
They do develop proper parks and areas of recreational activities so that not only the kids but also the adults or the senior members of the society can entertain themselves. They have their community hall or lawn which can be hired for organising some kind of event or functions like marriages or birthday parties. A well developed and organised market place ensure that the people get the things of day to day use without any problem, food market for allowing the people to buy the fresh vegetables, commercial areas where people can avail common services like that of a salon, a general store, stationery shop, mechanic shops and various other services that might prove to be quite useful while living there.
When it comes to Real Estate, these four major stakeholders are Investors, Consumers, Developers, and Corporate Big Fishes.
Investing in real estate has increasingly been preferred in recent years. This has made investors a regular presence in the sector where they keep on buying properties hoping to resell it in the best deals they can get.
Investors often manage to get great deals on their purchases and are always wary of the price trends in the sector.
Well, like any other sector, consumers are among the major stakeholders in real estate. It is they, whos’ behaviors and needs are researched upon to serve them with exactly what they need.
Developers and builders form the crux of the sector. They bridge the void between consumers’ need and what the sector provides through construction. These developers can be called the executive wing of the sector.
- Corporate Giants
Foreign corporates have begun showing incredible interest in countries like India. It has led to a boost in the sector which is helping the developers too, in giving the consumers the very best quality of infrastructure at great speeds.
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