Diu Island Real Estate market is on a rise. With the growth in the infrastructure of the island, the chances of property transaction have increased thoroughly. This improvement has attracted a lot of foreign investors who are purchasing properties for residential and commercial purposes. This has opened up new vistas in terms of employment too.
The demand for buying or renting Diu Island real estate properties has increased over the past few years with the rising scope of business in the island. The tourism industry has developed in leaps and bounds over the past few years and this has inspired buyers to purchase or rent properties in the island. The condition of the real estate market in the island is much better than it was in the beginning of the 21st century. With the growing industrial prospects, the demand for property has increased in Diu Island.
Real Estate from Commercial Point of View
A marked change has been noticed in the real estate activities of the region. The increase in the real estate activities has stimulated a growth in the GDP of the region. The government has started interfering with the business to improve the infrastructure so that it can aid in the development of the economy in the long run. People from all around the world are ready to invest on properties in the island. Many of the investors are buying property from the local people and renting it to tourists. The returns, which the investors are drawing, are excellent and this is working as an incentive for investing more in the properties.
The real estate market in Diu Island would improve in a short while since many industrialists have noticed the prospects of this area as a potential industrial hub and this would add to the property transaction for the business purpose. This in turn would contribute in the development of the real estate market. The island's proximity with the sea has also contributed in the expansion of the real estate market in Diu.
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Last Updated on 26 September 2012