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Real estate sector witnesses a growth in Assam

Guwahati, Dec 10 (ANI): Guwahati city in Assam is a growing hub for trade and commerce activity in the Northeast. And, this has opened up new vistas for the real estate industry. Shopping malls, showrooms, apartments and hotels - the changing face of the city has made it a favorite destination for investors. Real estate developers are venturing in to the city to tap the potential. In recent years, the city, like most of the other bigger cities in the country has witnessed a sharp rise in the demand for flats, both for residential and commercial purpose. A large number of real estate developers, including from abroad, are eying to develop housing and commercial infrastructure in Assam. They participated in a recently concluded four-day long Realty summit. Organized by the Assam Real Estate and Infrastructure Developers' Association (AREIDA), it invited experts from various infrastructure development related fields to discuss wide range of issues. The exhibition gave a chance to the public to know about the various housing projects and home development items besides a chance to avail loans from a number of banks. Dec 10, 2014