An analytical Study of Allied Services offered in Residential Real estate Business in Pune

Abstract

The last quarter of the 20th century went in a radical change in investment practice across the newlineworld generally, with real estate being one the most profoundly affected areas. This newlinephenomenon has been propelled by the forces of globalisation. Initiated by transnational newlineentities and mediated through series of political and economic reforms in the latter part of the newline20th century globalisation catalysed the transformation of economies affecting major cities and newlineregions. This process affected the labour and capital movements across borders and caused newlineunprecedented economic and industrial restructuring in the economic world. newlineThe globalisation process has been forced by rapid advancements and developments in the field newlineof information and communication technology. The resultant costs and benefits of a globalised newlineworld economy, accruing to various parts of the world which have allegedly been highly newlineskewed and distortional, have since been subjects of heated debates which remain largely newlineunresolved to date . However, it can be argued that globalisation has successfully created a new newlineworld economic order; one that favours a diminishing role for government by way of direct newlineinvolvement in economic activity with a preference for her to partner with the private sector newlineeven for what was generally perceived as social and hence, government s preserve. The public newlinesector has since assumed the role of a facilitator in the investment arena playing behind the newlinescene roles but whose form has come to determine the contour that directs investment flow. newlineThe unprecedented internationalisation of investment activities that came along with the newlinelowering and removal of trade and investment barriers across nations xx and regions has led to newlineseveral economic reforms opening up new markets within regions as nations position newlinethemselves to maximise associated benefits.