In Delhi, Every corner has two Property Broker Shop (atleast)
I am in Delhi for almost a week now, unlike last time (in January) when I almost died due to extreme cold, this time, the weather is way much better now, of course this is just the beginning of delhi summer. So during my stay in delhi, I can certainly notice few remarkable things about it which make it stands out from other metros, one of which is the number of property brokers and agents. It seems in every nook and corner, there is one property broker shop. Infact I saw a lane where out of 12 shops, 5 were of property agents!
It is not difficult to imagine that becoming a property agent do not require much skills or educatoin in India, and anyone who can talk and has good connections can start the business and there is easy and good money in it.
I think the time has come for India to start regulating properties buying/selling in a more controlled way and starts issuing licenses for being a property agent just like in USA and other countries and of course there is loads of money on the table for the government.