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, 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 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 stone 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 industry giants and experts. The city has a remarkable presence of all the major real estate developers and consultants like The Godrej properties, The Gaur Sons 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 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 Alphathum, 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 that is expected to leap forth and yield handsome returns on investment. There are a number of favorable factors that make Noida the investment hub of India:
- 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 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.
Conclusion:
India has always been the center of economic prosperity and civilization from ancient times until now. The scale of profitable commercial activities and business in India has increased multifold, especially after the 1990s Liberalization, Privations and Globalization (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".