Moving houses can be pricey, but in many parts of the country, house prices are soaring as residents seek to save for retirement and start a new life.
A recent survey by the Centre for Economics and Business Research found that a median home price in India is around $7 million, compared with a median annual income of $27,000 in the United States.
India is now the fastest-growing Asian country in terms of GDP, but the country has struggled with high unemployment rates and slow growth in recent years.
A key reason for the sharp rise in house prices is that Indians are moving out of their homes to get a better quality of life.
While there is a lot of speculation about whether the country will experience another “Great Debut” housing bubble, this one appears to have been fueled by a real estate market that has gone bust.
While the country’s economy is still in its infancy, the country is still reeling from the 2008 global financial crisis.
In the wake of the collapse of the bubble, many Indian investors bought properties to take advantage of the high valuations.
With the country already experiencing massive job losses and the economy already facing massive strains, it is unlikely that the country would ever experience another bust, experts say.
The housing boom is mostly driven by Chinese investors, but India has a much more extensive Chinese presence.
India’s population has more than doubled over the last three decades, but it is still home to only a quarter of the world’s population.
There are only around 3 million Chinese living in India.
The Chinese are largely drawn to the country because of the cheap cost of living and the promise of a better future.
According to the latest census data, India’s Chinese population grew by a staggering 25 percent between 2008 and 2014, but according to data from the Ministry of Statistics and Programme Implementation, the Chinese population of India grew by only 10 percent over the same period.
India has also seen an influx of Indian migrants who are taking up jobs in manufacturing and other industries.
India was also the world leader in the construction of new homes last year, with nearly a quarter (23.2 percent) of new construction projects in the country.
But it has also had a string of housing busts.
Since the global financial meltdown, India has been hit hard by the collapse in its real estate bubble.
While prices have risen significantly, many houses have not been built due to the lack of funding and the difficulty of acquiring land.
The government has also made efforts to tackle the problem by setting up several projects to build houses.
But some analysts say the government’s efforts are too little too late.
“The government needs to take immediate action to improve the housing market and build new houses in a more timely manner,” says Sudhir Kumar, managing director at India & Austrailia Limited, a real-estate advisory firm.
“There is an urgent need to accelerate the pace of development in housing.”
The real estate boom is being driven by the Chinese investor community in India, which has been largely ignored in the global economy.
According a recent report by the Global Economic Policy Research Institute, more than 20 percent of the Indian population is Chinese, while China accounts for more than 50 percent of India’s economic output.
But the country also has a massive Chinese population, which is concentrated in cities and suburbs.
“Many Chinese are interested in India for a variety of reasons, including the relative stability of the economy and access to the banking system, which are important factors for investors,” says Amit Srivastava, founder and managing director of Asia-based consultancy and investment advisory firm Asian Capital Partners.
“As a result, many Chinese are moving into India to get into the real estate sector.”
One of the reasons that India’s housing market is so explosive is that it is not the only country where Chinese investors are investing.
In 2016, there were about 12,000 Chinese investors in India who were buying property, according to a report from the World Bank.
The country’s biggest city, New Delhi, had the highest concentration of Chinese investors at 2,000.
In comparison, Mumbai, the capital of India, had only a little more than 1,000, and Hyderabad, the Indian capital, had fewer than 400.
The report also revealed that the Chinese community in the Indian cities of Hyderabad and Mumbai is much larger than the Chinese in the major cities.
The study also found that the number of Chinese buying properties in Mumbai has grown at an average annual rate of 3.6 percent per year over the past five years.
India also has an active Chinese investor network.
While most Chinese investors prefer to buy properties in major cities, there are also a handful of Asian cities where they are interested.
In 2014, China accounted for a quarter or more of all the money that was sent to India from overseas.
And while Chinese investors tend to invest in cities with a higher concentration of international businesses, there have also been recent developments in the real-life real estate industry in India and abroad.
In 2013, the