Real Estate Growth and Investment in India – A Case Study

The Indian economy has grown rapidly during the past 15 years, which contributed to exponential growth in real estate properties across India. According to a recent article by Indian government, realty market in India accounts to a whopping 11% of the National GDP. Ever wondered why there is rapid growth in this industry, this case study gives a snapshot of factors that is contributing to its favor.

Population of many large cities in India has grown tremendously over the past decade. There is a colossal demand for residential and commercial properties in Tier 1 and Tier 2 cities. Some of the Top 5 residential cities in India are Delhi-NCR, Mumbai, Bangalore, Chennai and Pune. There are many key drivers for this exceptional real estate growth and investment in India.

a) Government of India has put up a roadmap for economic reforms to step up Infrastructure development by inviting investments from domestic and international players by creating business-friendly and Investor-Friendly atmosphere. Also, easing of monetary economic policies by cutting interest rates to make home loans by banks to buyers easily available and affordable.

b) Growing Urbanization and large scale migration of population from rural to urban locations in search of employment, higher income, better living conditions which has led to an increased demand for residential and commercial properties in the area.

c) From an Investment standpoint, since stocks and mutual funds are extremely volatile to market conditions, more people including middle-class income group, Non-Resident Indians are investing in real estate which offers high returns both in Short and Long term investments due to soaring property prices. Investment in residential properties also gives an option for residential buyers a second income to supplement their monthly Income.

d) Business activity and Setting up of IT development Centers, BPO, large scale manufacturing units in automobile and Engineering Sectors by multinationals has spurred growth in commercial office space requirements. As more and more MNCs setup shop in cities it opens new lines for overall growth & investment in real estate industry. These industries bring lot of job opportunities in to the system. More jobs means rising income levels, increased purchasing power for property buyers which is also another factor for real estate investment and growth.

e) State Governments in India have given green signal to develop residential townships, commercial centers, shopping malls near Industrial hubs, IT hotspots inviting both domestic and international investments for Constructing Connectivity bridges, state roadways, rail networks to ease the commuting traffic. Many large residential and commercial projects have sprung up to cater to the growing housing demand for real estate.

f) Augmenting the real estate growth are government policies in the pipeline to allow FDI (foreign direct investment) in retail, insurance, healthcare sectors of the economy which will likely see the real estate development and investment opportunities in India for many years to come.

Want to Be Like Walt? Apply His Secrets to Success in Your Business and in Life

While attending a recent meeting of the American Business Women’s Association, I had the pleasure to listen to motivational speaker Pat Williams. In his book “How to be like Walt: Capturing the Disney Magic Every Day of Your Life” Williams, who is the senior VP of the Orlando Magic, draws out of Walt Disney’s life a series of secrets that can help anyone in manifesting success in life.

All our dreams can come true, if we have the courage to pursue them. ~Walt Disney

As you know, I’m all about success and personal development and I must admit that when I found out about the speaker and the topic, it peeked my interest. Walt Disney, I wondered? Sure, I know that his vision has touched just about every human being on earth and living in Florida, I have also seen the extent of that vision manifested into a multi-million dollar empire. But what can be said about Walt Disney that would help me understand how a man who was fired from his first job for not being ‘creative enough’, who had more than his fair share of financial and emotional turmoil in his life managed to be the legend he is?

Every great venture, every successful project starts somewhere. An idea is sparkled out of nowhere. Sometimes we pay attention, sometimes we don’t. For whatever reason, there are times where we believe in our dreams and we allow ourselves to follow those magnificent ideas and there are others that we just don’t believe that we can pull it off. As Pat Williams shared: “We are never too old to dream. In fact, the older we are the bigger the dreams should be.” This particular line got my attention. As a coach, I work with people that want more. They want to experience success knowing and believing they are capable of more. I have also come across individuals that give up and do not see how their ideas can be translated into anything they would be proud of. That’s why I wanted to share the ‘Five Secrets’ with you. I believe that they are practical and easy to understand.

#1. Make Today Pay Off Tomorrow.
A. Focus on three major blocks of life:
Yesterday: you can’t change anything about the past. Learn from it, benefit from it and move on. Drop the “only if” and “if I had just” lines; they do not contribute to your wellbeing in any way.
Today: live today to the fullest. “exhaust today” Make it your masterpiece!
Tomorrow: Be prepared to take advantage of the opportunities that will come. When you have a great today; you are investing in your tomorrow.
B. Invest in three areas of your life that will pay dividend to you tomorrow:
Your business: take the time to make it work. There are no quick get rich ways to do things, it takes time and effort.
Your children (and grandchildren) Pat, who has 19 children himself, referred to them as ‘gifts’ Investing in children means that you are investing in tomorrow’s leaders.
Yourself. I love this! You are the CEO of “yourself.com” You can be wonderful to others, but you will not be of any help if you don’t invest in yourself. Invest in yourself via education and health and wellness.

#2. Free Up Imagination. There is no limit to what you can accomplish in life. Make a point to shatter mental restrictions that keep you bound. This requires a mind-shift from limits to limitless; from scarcity to abundance; from powerless to powerful. We often buy into what someone else has told us. We believe when they put us down. Instead, challenge those ideas and make the decision to go beyond what you have ever considered possible!

#3. Strive for lasting quality. “We can lick ‘em all with quality” In order to become a quality operator Pat reminded us that “the customer is always the king/queen” When in business, we can never do enough for a client. This will ensure that clients are satisfied, that they come back and that they recommend you for future jobs. The other aspect here is that everyone in the team must be fully committed to make things happen and that you get everyone’s buy in towards achieving team’s goals.

#4. Stick to-it-ivity. Pat stated that Walt was good at making words up. (Imagine that!) The lesson here is that we cannot quit, no matter how tough things get. Did I mention earlier that Walt Disney suffered multiple emotional breakdowns and several bankruptcies? Many other people would have said, ‘whatever it is not worth it’ yet, he decided he would stick with it. Mortimer, his first mouse did not make it, but Mickey…that’s a different story!

#5. Have fun. In everything you do, make a point to enjoy it. When you put yourself in a position to have fun at the things you do, they become less than a chore and before you know it, things are happening. By the way, Pat was wearing a Hawaiian print shirt, and when he asked the audience if we knew why, he replied “have you ever seen anyone with a Hawaiian shirt having a bad day?”

The way to get started is to quit talking and begin doing. ~Walt Disney

In short, optimism, allowing imagination to flow, perseverance, commitment to quality, leadership and integrity are some of the qualities that to this date, can be found in any of the Disney parks. And when I think about how hard he had it and still made it; I realize that my dreams are so powerful that they are worth fighting for. And so are yours! Give yourself the opportunity to follow your dreams. They are worth it and you are worth it. Take the time to invest in yourself, your business and your future. Remember that whatever happened cannot be changed; yet you still have today to make it different. Believe in yourself and create a plan of action that will propel you to new levels. Allow these principles to work for you and capture the magic of what is possible in your life…every day.

If you are stuck trying to pursue your dreams. If you have been fired for not being creative enough or if you have almost given up because you do not think that it will work; life coaching might be for you. After all, remember that ‘it all started with a mouse.’
© 2010 Maria Martinez

Learn How to Think, Buy, and Invest in Income Sources Like a Rich Person So That You Can Join Them

How you think, buy and invest in income sources will determine whether or not you join the ranks of the rich, middle class, or poor. Which group are you in today? Where do you want to be tomorrow, next month, or next year? Do you know how to change your level? If you want to move forward, you must change your thinking, buying habits, and investing strategies. Let’s look in depth at how each type of person thinks, buys, and invests.

Let’s start with how poor people usually think, buy, and invest. Most poor people are living day-to-day. They may only be thinking of how to get their next meal. Poor people think about only how to make it until tomorrow. Poor people usually buy items of survival like food and shelter. A poor person only invests in things that will help them survive until tomorrow, and then they start the process over again.

Middle class people tend to think paycheck-to-paycheck. Many of them are worried about having too many bills that will not get paid with their current paycheck. Many of these bills are credit card payments. Middle class people charge “things” on credit cards that will not create an income source for them. These things may include eating out, groceries, things that they want from major department stores, or any other trinket items that only pile up month after month on their credit cards. Many middle class people “lease” their luxury cars so that they “look” good. Appearance is important to them and they will buy or lease things that make them feel and look better than their neighbors. Middle class people may invest in IRA, 401K’s, or other type of stocks or mutual funds. Although this is a good step, it is a income source they may or may not pan out by the time they are able to take out their returns.

A millionaire thinks and plans year-to-year. They think in terms of assets and building multiple streams of income sources. They buy things that will make them money rather than things that take money out of their pocket. Some examples are real estate, precious metals, businesses, and paper assets like stocks. These are things that are considered income sources because they produce income either in cash flow or capital gains. Millionaires are not concerned with appearances, but they do reap the rewards of their wealth. But they think differently about acquiring things. If they want a luxury car, they may buy a storage facility that will earn them enough money to buy the car outright. They usually do not finance cars or other “things” on credit cards or with bank loans. They do finance income sources like real estate and businesses. That is how they become richer is that they consciously plan on making more money each year by buying more things for income sources each and every year.

If you want to really aspire to being as rich as a billionaire, you will need to start thinking in terms of decade-to-decade and how to leave a legacy. Many foundations, hospitals, and other charitable organizations are created by billionaires that want to leave a legacy. They also build trusts that will take care of family members for generations to come.

So to sum up the thinking habits: poor people think about just making it to the next day, middle class people think paycheck-to-paycheck, millionaires think year-to-year (what is the next income source that I’m going to invest in?), and billionaires think decade-to-decade (what legacy will I leave?). So what income sources will you invest in to go to the next level. To change your level, you must first change how you think. If you want to be a millionaire start thinking in terms of what income sources you can invest in. Then set a deadline for it and make it happen. Hopefully, you will make it big time using income sources that you have found works for you. However, once you have money coming in, you need to think like a millionaire in order to keep growing your new found wealth.