Real Estate Asset meaning in 1970 was to have a farm house in 2 Hector area, but as the prices are rising and margins are much higher as against the exorbitant initial investments, even a small land parcel in the metro city has replaced that meaning.
Today the urban development in A, B and C grade cities increased the Real Estate business by 60% in last 5 years as most of the villagers and tribes are moving towards these metro and other cities. With much rise in this business volume; the regulation and formation of the trusts / societies along with procedures for long list of approvals affects the business top line as well as bottom line as against the stake holder expectations.