Real Estate

Business Management of Real Estate

Business Management of Real Estate

Introduction

Real estate is one of these sectors that can be termed as a driving engine for the economy and it is one of those sectors that are really pivotal for the upheaval or bringing recession in the economy. So when one talks about the Real Estate Market in Australia. When one talks about the way Indians are placed in the centre of the Australian economy, it can be seen that there are many reasons that might make Indians a marketable prospect for the economy. To understand the economic relevance of the economy and the way they are placed (Zhou & Liu, 2012, 368-373). First we have to understand the basic dynamics of the economy.

Indians of Australian Descent

When one talks about the Indians of the Australian descent, these are the people who are born in Australia and they have been living in Australia since their birth as well some of the other Indians that are the part of that region. The thing that makes them a real marketable prospect is that they are one of the fastest growing ethical groups that are placed in Australia. So as a marketing segment, they are really a community to look for and some of the marketing visionaries are placing their products in such a manner in which they are marketable to the Australian market.

Looking at the way they have developed as a real marketing entity, there was a time during 2005-2006 when Indians really emerged as a strong force in Australian territory. And they become the fourth largest community in Australia. Another statistics that shows how important Indian has become to the Australian economy is the fact they during the last decade, the amount of Indian that live In Australia have literally doubled.

Demographics of the Indians

Most important thing one has to understand and analyze before understanding the relevant impact of the Indians and the demographics of the Indians to get the better perspective about them, as per the census that was being done in 2006, it was being seen that around 148,000 Australians have claimed that they were born in India (Lin, 2011, 26-41). These are some of the statistics that over willingly show that Australian has to make sure that they market some of their market products keeping in minds the Indian sensibilities.

Real Estate Sector

There are numerous advantages of investing in real estate. The problem that is being faced though by most of the Indians that there is no such real estate agency that takes care of the needs and wants of the Non Residential Indians that live in Australia. As it has been discussed above, it can be seen the way Indians are placed in Australia and the way they are making their presence felt, there is always this need for making sure that there is some real estate agency that works exclusively for the Indians and keeps in mind the Indian ...