Localities and their rates for 3 BHK Indore Flats

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Indore, the commercial capital of Madhya Pradesh, is a tier I city of India. The city is famous for the presence of a well-developed rapid transport system, an International Airport, and plenteous of commercial & business centers. The strong base of its economy owes itself to fashion, health care, manufacturing, and technology. The real estate in Indore has scaled good heights in the city. Being a tier-I city, the realty rates can go up to a very high value. But the good part is that, there are a number of affordable options too. Let’s have a look over the rates of a 3 BHK independent house in different parts of the city.

The three-room Indore properties come in several price brackets. The lowest for 3 BHK flats can begin at around 13-20 lakhs, a budget value indeed! A few of such localities are Bicholi Mardana, AB Road, Khandwa, Rau Pitampur. But these are their beginning prices. At most of these colonies, you will find three room apartments costing up to 60 lakhs, and even above. For example, at AB Road, the higher end price is around 60 lakhs, while at Khandwa Road, it can cross 70 lakhs.

The 3 BHK residential properties in Indore at Mahalaxmi Nagar, Super Coridoor, Bombay Hospital, Talawali Chanda, Annapurna Road, Sanwer Road, Nipania Road, and Anoop Nagar carry the beginning prices falling between 20-30 lakh brackets. Like other localities, the rates towards the higher side can be too hefty. In 30-40 lakh range come the names like Geeta Bhavan Chotu Ram Hospital, MY Road, Airport Road, Bhanwar Kuan Chauraha, Bengali Square, Ring Road, and several others.

Khajrana Road, Old Palasia, Kanadiya Road, Saket, Shree Nagar, and Anurag Nagar are some of the Indore properties localities where the price rates are quiet high: at Anurag Nagar ad Old Palasia, a three-room house comes at about 60 lakhs while at Khajrana Road, it may come at a pricey value of 80 lakhs.

Rates of 2 BHK Properties in Ahmedabad

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Unlike so many metros like Delhi, Mumbai, Gurgaon, and many more, Ahmedabad is a city where ones can look forward to the affordable residential houses. In most of its parts, the city offers homes that cost far lower than in other cities. Let us see the example of 2 BHK homes in its different colonies.

Two room property at Ahmedabad in eastern localities like Maninanagr, Ghodasar, Odav, Naroda, and Saraspur are available for buying in 15-20 lac range. Towards the higher end, however, the rate may touch 60 lacs; for example at Ghodasar, a 2 BHK house can cost up to 55 lacs. At Ranip, such a house comes at around 30 lacs. One of the costly localities in east is Shahibaugh: to buy a two room apartment here, a buyer may need to pay as high as 85 lacs.

In North, the rate of Ahmedabad real estate properties, for two room houses generally varies between 20-25 lacs. At Motera, New C.G. Road, Naroda and Chandkheda, such an apartment is available within this range. At Motera and Chandkheda, the higher rates, i.e. up to 40 lacs are also available for the buyers. At Ring Road, and Ranip, the prices are centered around 40-45 lacs.

In city-center, most of the colonies are costlier, as compared to other regions. The lowest prices of a two -room house starts at around 40 lacs: Gandhi nagar and SG Road are the twin localities where such rates are prevalent. However, in satellite, Vastrapur, an Drive in Road, the available range that is prevalent lies between 45-70 lacs. In South, the prime localities are Vejalpur and Gota. At both of these, two-room apartment can be purchased at an average value of 30 lacs.

Satellite, Vastrapur, Vejalpur are the plush localities known for well-developed infrastructure and presence of several business centers. These colonies have also witnessed good growth in IT sector; hence are responsible for generating good employment opportunities. 

New Townships and Contemporary Architecture Giving a Push to Ahmedabad Property

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Like other tier-II cities in India, Ahmedabad too is undergoing the price crunch and low liquidity rates. A majority of buyers of residential properties in the city belong to middle-income bracket, and so, they find the price escalation, howsoever marginal, a too big an ask for. The realty market in 2013 did not undergo any substantial development: the buyers continued to shy away from purchasing even the otherwise affordable brackets and prices remained almost stagnant. The incomes did not get grow, so for middle-segment, even the budget properties remained out of reach. But everything has not lost. We are going to t how light on what is happening here in terms of real estate development.

Property in Ahmedabad got a big boost when Arvind Ltd., a top player in textile industry, announced its foraying into the realty market. The company shall tie up with the eminent Tata Housing and shall come with a contemporary township in an area called Moti Bhoyan. Coming up in Ranchard, it will be a township stretched over 6.5 lakh square yard. The residential houses shall be top-class luxury properties, ranging in 1.5-5 crore bracket.

Another major change that has come to light is the construction of unique interior and outer architecture of Ahmedabad property. Unique constructions are fastly occupying city's landscape.  Builders are coming up with designs that are laced with modern aesthetic styles, attractive lighting systems, and dramatically beautiful exterior architectures. Such constructions have been brought into existence to offer something new to the buyers. According to chairperson, HN Safal, Mr. Uday Vora, such a change would be welcomed by the buyers, as people love change.

Positive trends have been noticed from investors' side too. Till now, they weren't showing any substantial proclivity into investing in the city. But the things have changed: they are expecting the prices to soar in the coming months, so they are showing positive sentiments for rolling out their money on new projects.

The Strengthening Factors for Pune Residential Property

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The rainy days that our Indian economy is seeing has affected its cities quiet too much, and Pune is not too far in experiencing the down-slide. Yet, it is due to its excellent power to bounce back that it has digested down the crunch too well. The healthy employment rate and its strengthen of economy that it is still seeing good number of investments as well as demand for residential properties. The prices in the city have seen an exponential growth, still there is no major blue funks in its demand market that could pull its leg too down.

According to Jones Lang Lasalle Pune, the market for Pune residential property is currently inclined towards budget and mid-bracket houses. A number of affordable projects are at work in localities like Ambegaon, Kondhwa, Dhanori, Manjri, and Hadapsar. Many of these areas have bolstered their economies with the strong presence of IT sector. As a result, in spite of the regression, the demand from all income groups, including the luxury ones, has continued to remain steady.

Residential property in Pune has several other factors too that have attributed to its sturdy pace. The city's connectivity via new roads, expressways and flyovers has made the city dwellers viable to commute to Mumbai and other cities in short span of time. Mumbai-Pune Expressway has accelerated to the hitherto slow pace of this city. Then, there is another rewarding factor that has kept the real estate market in robust state: in light of the increasing prices, long-term investors have shown their eagerness in rolling out their money.

Pune is the hot-spot of businesses of several types and sizes, which have rendered its realty sector both viability and strength to face the present financial crisis. There are several small to mid segment companies that are present in its precincts and aided to the interest of buyers in purchasing a india real estate property here.

What Prevents Real Estate in Chandigarh from Becoming a Big Name?

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Ever wondered why Chandigarh is not  still the bigwig of real estate, given that it has well-developed infrastructure and all the prerequisites that are necessary for competing with top players like Delhi, Mumbai, or Gurgaon? The city was predicted to tread the same path as these metros have covered, but it failed to do so. Let's have a peep into the issue.

The real estate in Chandigarh saw a few IT giants foray to the city, by setting up their centers, Still, Indian population carries the tendency to go for other hotshots of software like Bangalore, Chennai, and Hyderabad. The reason for this is very clear. The software companies that have opened their branches in the city continue to operate from their well-established bases in South. As a result, Chandigarh could never really get the impetus that could bring it among the forerunners of the IT industry in India.

The city, being a tier II, faces stiff competition from the tier I cities, as far as growth of corporate sectors is concerned. The real estate Chandigarh ranks much below in terms of corporate culture. The job opportunities, therefore, are very not high. And the local people continue to thrive on small-scale industries for seeking employment. Those who want white-collared jobs, have to move out of the city. Low number of jobs does not let the inquiries for residential and commercial spaces to rise to any substantial level.

One of the other reasons that may be held responsible for lack of interest of investors in the city is the non-competitive prices. The realty rates in the city continue to remain low. Though his trend is favorable for end-users, from investors' point of view, Chandigarh is not an option where one can expect high ROI(Return on Investment). Big developers and builders, seeing the dismal demand, hesitate from venturing into the city. To know more about properties in Chandigarh view at Makaan.com

Properties in Ghaziabad Developing at a Fast Pace

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Seeing the pace at which the construction works are going on in Ghaziabad, it is emerging as a next big thing in the realty market. As the residential and commercial developments have boomed the city's landscape, it has been given second rank among the fastest growing cities in the entire world. In spite of the bad reputations that it has gained over years due to high crime rate, the city is still capturing a good number of buyers as well as investors.

Properties in Ghaziabad have flourished in some of the plush localities like Rajnagar Extension, Indirapuram, Crossings Republik, Vasundhara, and Vaishalli. Some of the high-end properties have sprung up in these areas, with the top-notch projects floated by well-known developers like Mahagun, Ansals, and SARE. Most of these residential spaces are targeted towards upper middle and affluent segments. As a result, the city is getting filled up with well to do families.

The presence of National Highway 24 and 58 have proved a boon for property in Ghaziabad. The widening of NH 24 from 6 to 8 lanes shall further smooth the traffic congestion problems. These high speed roads have been the major factor behind the increasing propensity of residential spaces in the city. The proposal to extend Delhi Metro's blue-line to Indirapuram can prove to be a significant step towards improving connectivity of the city to other parts of Delhi NCR. Some of the their factors that have proved beneficial for real estate growth here include good infrastructure, availability of land to be used for further development, and scope for both horizontal as well as vertical constructions. The newer constructions are largely planned; as a result, the city is acquiring the shape of an integrated township.

The things that need to be controlled is the law and order system in the city. High rate of crimes, lack of  an efficient law & order system, and the poor control of government over scams & other malpractices really need to be worked at.

Makaan.com, the leading real estate portal, lets buyers make a search property in Ghaziabad and other cities of Delhi NCR. The end users can look for quarterly price trends for property in Ghaziabad and keep themselves informed of the ongoing rates.

Property in Faridabad: Options for 1, 2, 3 Room Independent Houses

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Does living in builder flats makes you suffocated or nauseated for the lack of fresh air? Then, why not buy an independent house? If it is Faridabad where you are planning to buy your property, then let me tell you that you have a number of options at hand. You need to decide the number of rooms that you wish to buy. Depending upon that, you can choose an independent house in the city.

Let us consider 1 BHK property in Faridabad. Yes, it is an independent house that we are taking about. The best options are Nahar Par and sectors 30-39. While over Naharpar and sector 88, a one-room house may cost you up to 70 lacs. You an find some of the high-end houses by BPTP, hence the price is high. There are some affordable properties too in this particular colony. In sectors30-39, the price may touch crore value. For 2 BHK properties, the most affordable locality is Naharpar. Here the price for two-room house varies between 14-30 lacs. At other localities like BPTP, sectors 40-49, and Sec 80-89, the rate is higher: between 60-75 lacs, depending upon the state of furnishing and amenities offered. At sector 21 and Charmswood Village, the prices are higher: 85 lacs-1.2 crores.

Now, we come to 3 BHK Faridabad properties or independent house. Naharpar is again the area where you can find three-room houses at cut rates. : 30-40 lacs. Sainik Colony too offers such property at 40 lacs or above. The pricey locations are Sectors 20-29 and sectors 30-39. Over these, the prices of available 3 BHK houses run in crore, usually around 2 crore.

As you can see, the options for Independent house are limited in this city. In the future to come, we can expect more such properties in the sectors that are still not developed fully.

Makaan.com, the eminent real estate portal, lets you search residential and commercial property in Faridabad. Look for Faridabad property available across different price brackets and present in different localities.   

Property in Noida Bolstered by Better Collectivity and Speedy Performance

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Noida, a city that has surprised many of us with its pronto development and infrastructural improvement, is one of the most-sought after real estate destinations for property-seekers. Its amalgamation of residential and commercial spaces has make a hit with both the investors and end-users. The city's proximity to other hot-pots of realty like Gurgaon and Delhi has shortened the distances. People, who could hardly imagine a daily commutation to from the city, are now finding it a convenient thing, thanks to its metro connectivity. The development pf super-speed Expressways too has bolstered the commutations.

Real estate Noida, in light of these developments, has only augmented, both in quality as well as quantity. Seeing the good potential that the city has for residential and commercial projects, has hooked the eminent developers like Anjara, Mahaguna, Unitech, and several others. With plenty of land available for construction activities, they are coming with a plethora of new projects, every now and then. The number of ongoing projects in Noida, at present is more than 80, with biggest proportion falling in the ambit of sector 78, where 9-10 projects have been rolled out.

The per sq. ft. rate for a property in Noida, varies between 4000-11000/-. So, one can find all types of flats that fall within this highly flexible range. Let's have a look at the sft prices in main sectors of the city. In sectors 143, 76, 119. 133, 143B, 129, and 134, the average sft rate falls below 5000/-. In 5000-6000/sq. ft. range, come the sectors like 78, 77, 137, 75, 121and 120. The average sectors that have sft values between 6000-7000/- include sec 107, 45, 100.  At 128, 74, 93A, 96, and 34, the rates are even higher, between 6000-8000/sft.

The presence of top-class facilities, presence of big guns in IT industry, and availability of flats that can cater todifferent levels of buyers has worked in favor of Noida's realty market. Though there have been cases of scams, the things are expected to turn out better with better implementation of law and order.

Buy house in Noida over the preeminent property portal, Makaan.com. Look for flexible price brackets for Noida property and keep yourself apprised of the current scenario.

Rapid Metro Transport to Transform the Shape of Gurgaon Flats

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With the launch of Rapid Metro, a completely privately owned enterprise, commuters from Delhi have taken a sigh of relief. Earlier, you could see them getting down at Sikanderpur Station and negotiating with autowallas to reach their offices. Those who took private auto-rickshaws had to pay Rs. 70-80 to reach up to Udyog Vihar, and around 60 bucks for Cyber city. These money-gluttonous hawkers are now finding hard to find the passengers. With the cost-effective, time-saving, and comfortable ride of rapid metro, most of the commuters now prefer travelling by train. While the metro is here to stay forever now, residents of Gurgaon properties too have welcomed the step, as it will make their local travel far too easy and quick.

Those who are still ignorant about the basics of Rapid Metro, let me give you a brief. Costing @ Rs. 12 one side, this private metro is stretched over 5 km and talks about 15 minutes to complete its one round from Sikanderpur Metro to its last station, Phase 3. The frequency of trains is 4 minutes and Gurgaon flats located over its route are going to reap many benefits. It is expected to garner more inquiries for residential properties in these localities. At present, the train covers important commercial hubs and corporate companies present in DLF Phase 1,2,& 3, City Court, Vodafone Belvedere Towers, Emaar MGF Park, and MIcromax Moulsari Avenue. The IndusInd Bank Cyber City station is not yet operational. So the commuters to Udyog Vihar, Cyber Hub, and Gateway Tower still have to wait for some more months.

There are more than 26 million sft of office space in Cyber City alone, and the total number of employees working ere is a whopping number. The Rapid metro is like a windfall for them. For the offices that have been providing rental cars to their workers, can now, let go off such services and save their pockets.

Buy house  and rent flats in Gurgaon in different price brackets over the realty portal Makaan.com. Locate Gurgaon flats that fit within your budget and offer you the desired amenities.  

Prices of Property in Navi Mumbai Undergoing Escalation Lately

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While realty market is facing a crunch in most of the cities, developers are busy rolling out high-end projects in some of them. Navi Mumbai is one such locality that is seeing larger-than-life residential and commercial project lately. Though a large chunk of population in the city is not affluent enough to buy such pricey properties, yet certain section has accumulated enough wealth for themselves. So, the demand for ultra modern and spacious apartments comes from this class. The prices are soaring like anything in the city. A few localities like Kamothe, Ulwe, Panvel, and Ghansoli are still within the reach of middle segment, others like Palm Beach Road and Seawoods have skyrocketing prices.

A 2 BHK property in Navi Mumbai comes within 15 lacs to 2 crore range. To buy a two-room apartment in localities within an affordable price tag, go for Kamothe, Ulwe, and Panvel , as the starting prices in them start anywhere between 15-30 lacs. The upper range, though, can be up to crores. For properties above 30 lacs, Belapur, Vashi, Airoli, Nerul, and Roadpali can be the right options. Both Seawods and Palm Beach Road are categorized as very expensive localities, only afforded by the affluent segment. The two-room apartment at Palm Beach comes in 98 lacs-2 crore range, while at Seawoods, such an apartment is available at relatively lower 60-65 lacs rate.

What would add to the hiking prices are the latest developments in the city. One such project with phenomenal significance is the new airport at Navi Mumbai. For its construction, land worth crores has been acquired from PAPs(Project Affected People). So far, airport project has succeeded in adding land worth 10,000 crores to the realty market. All-new Navi Mumbai properties for such people shall now be developed in a colony that is to be named as Pushpak Nagar. This would be constructed near Panvel, and as it would be close to the proposed airport, it would draw a large number of inquiries from residential market.

Look for high-end residential property in Navi Mumbai over the real estate portal, Makaan.com. Buy, sell, and rent Navi Mumbai properties available in different budget range, in different parts of the city.

What do Greater Noida Properties have in their Offing?

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It is all the time Noida, Noida and Noida that we are talking about. Why not say a bit about Greater Noida too, one of the important residential hubs for the ever-growing population of Delhi/NCR. The prime city falls within the purview of GNIDA(Greater Noida Industrial Development Authority) and lies at a distance of 48 km from Delhi. The city is close to Noida, and is undergoing development at an excellent pace. Greater Noida was developed keeping in mind the population burst, that is going to reach 12 lacs by 2021. It is one of the planned suburban locations that can be a good alternative to buy residential property in Delhi/NCR.

If you take a look over the Noida property, you will get to know that mostly they have been developed with international standards. The flats are well-furnished, present in posh locales, and are laced with all the avant-grade amenities that anyone can expect. They talk of comfort and luxury. Spaciousness is another feature of them. Add to that 24*7 power supply, maintenance and security, pools and lawns that make Greater Noida residential houses worth living for. The presence of global institutional and industrial sectors further add to the feather.

The city has more to see urbanization in the form of proposed IT SEZ parks and other infrastructural developments. This will be a good boon for both residential as well as commercial Greater Noida properties. Talk about connectivity, and is going to only improve in . It has been proposed to extend Delhi-Noida Metro line from Noida City Center  up to Noida Extension. The city is already connected to Agra via 6-lane Yamuna Expressway. One can be reached Delhi in a half-hour drive if takes route via DND flyover.

The development is expected to go at the same pace and soon, the city will see a good population from Delhi NCR settled here. Let's keep our fingers all crossed.

Makaan.com, the eminent real estate portal based in India, features residential and commercial spaces to buy, sell, and rent. Search Greater Noida properties over the portal and choose the best one for you.

2 BHK Residential Properties in Pune that Cost above 50 lacs

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Finding a 2 BHK apartment in the IT-driven city Pune is not a rocket science. Though there are a number of options available to the buyers, we are, here, considering 2 BHK residential houses that come at a price above 50 lacs. Such a range is mostly preferred by upper-middle class, who have small members to accommodate and have enough finances to spend on purchasing. The localities where a two-room apartment is available above 50 lacs are too many and generally cost up to a crore or even more.

2 BHK residential properties in Pune in the range 50-75 lacs are available; at localities like Vishrantwadi, Kondwa, Tingre Nagar, Chinchwad, Bhugaon, NIBM Complex, Rahatani, and Pimpri.
The slightly more upper-values for two-room flats can be expected in localities like Warje, Katraj, Market Yard, Ravet, Kharadu Bypass, and Bimbwevadi. In areas like Undri, Pimple Nikah, Dhanori, Wadgaon Sheri and Baner Road, such apartments can cost a buyer up to 90 lacs.

There are plenteous of localities in Pune residential property that carry two rooms and come at hefty rates. For example, the high in demand micro markets such as Baner, Viman Nagar , Kothrud, Singhad Road, Hadapsar, Magarpattta, and Aundh . Mot of these have good potential for employment generation and have flourished well over  years. The highest tags in most of these can go up to crores and even above. Examples are Karve Nagar, Singhad Road, Wagholi. At Kharadi, the highest price for a two-room flat can up to 3 crores!. At Koregaon Park and Kalyani Nagar, the two room apartment can go even up to 6 crores!!. And yes, there are takers too for the same. The per square feet rate (psf) in the above localities varies anywhere between 5000/- and 20000/-.

Makaan.com, the leading property portal, lets you search residential properties in Pune and other Indian cities. Search 1,2 . 3 BHK rooms in different price brackets. Look for price trends for Pune residential property and keep yourself informed of the changing scenario, month after month.

Flats in Ghaziabad Witnessing Good Pace of Development

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Ghaziabad, no doubt, has emerged as one of the rising stars of the real estate. It is flourishing well and has gained quiet a popularity among the buyers. Delhi is all filled to its brim; Gurgaon's prices have swelled so much that budget-minded buyers are thinking twice before purchasing a property there. Projects in Noida too are mostly focused towards the affluent class. So, what is left then?  Small cities like Faridabad, Ghaziabad, Manesar, and Palwal have become the new alternatives for property-seekers. Let's talk a bit about Ghaziabad, the city in question here.

The real estate in the city has seen some of the top-notch colonies that cater to all segments of society. Take Indirapuram, Raj Nagar Extension, Vaishali, and Vasundhara: all have developed to a good extent; offer mod-cons expected by buyers today; and have good connectivity to the neighboring cities. Ghaziabad flats in Crossing Republic have been churned out of the joint venture of seven eminent developers. The result is all before us... It has transformed the shape of the city that was, a few years back, only a barren land.

The pace at which new flats in Ghaziabad have dotted the city's map is mind-blowing. The connectivity to Delhi Metro has cut the distance and time of commutation by several degrees. Though the local transport is still the cause of concern, a number of Expressways and National Highways that pass through Ghaziabad have done wonders for the commuters. The prices, though have grown appreciably, but several budget options are still available. NRI investors are eying the city in hope of making huge returns.

Pollution and high rate of crime, however, are big blots to Ghaziabad's realty market. There is lack of transparency in deals, no stringent property laws, and too much interference in real estate by goons. All these problems need to be addressed until it is too late.

Makaan.com, the premier property portal, lets you buy, sell, or rent flats in Ghaziabad and other cities across India. Choose Ghaziabad flats, floated by leading developers and builders.

Property Rates for Two-Room Residences in North Delhi

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While South Delhi is famous or say 'notorious' for its pretty penny rates, the other parts of the capital city are not that pricey or say, somewhat less extortionate. In North, there are a few (read “very few”) localities where residential properties do not cost a buyer an arm and a leg. Rest part of the northern region imitates the South in realty rates. Let's throw a light on how the prices are faring in this particular region of the capital. We shall be discussing in context of  2 BHK apartments only.

The affordable residential property in Delhi can be searched in localities like Rohini, Rani Bagh, Burari, Madhuban Chowk, Alipur, and Kamla Nagar. The starting price for two-room flats in these colonies lies in the 20-30 lac range, which is indeed a budget sphere. But, in no way it means that you won't find any 2 BHK apartment in crores. They are very much present there. But since the starting prices are relatively low, the mid-segment buyers can hope to own a house in these localities. Talk of the per square feet(psf) rate, the range lies between Rs. 3000-7000/ sq. ft. At G. T. Karnal Road, the psf rates are still lower: close to 2500/ sq. ft.

Now, let's talk about the pricey property for sale in Delhi. Pitampura, Paschim Vihar, Narela, Kamla Nagar, Pitampura, and Ashok Vihar are good examples in this regard. At Kohat Enclave, a two-bedroom flat is available at around 1.5 crore, while at Narela, Ashok Vihar, Kamla Nagar, and Pushpanjali Enclave, the starting range is around 40-80 lacs. At Ashok Vihar, the psf rate can go up to 40,000/ sq. ft. Accordingly, the price can go up to a value of whopping 4 crores!! At Paschim Vihar and Pitampura, the apartments as pricey as 1 crore or above are available. 

So, you see that rates in North Delhi ape that of South, in a majority of areas.

Looking to buy house and residential property in Delhi over the real estate portal, Makaan.com. Look for property for sale in Delhi and other Indian cities and locate the one that fits in your budget.

The Problems with the Ailing Real Estate Gurgaon

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Since the day I have been commuting to Gurgaon, I have not encountered two consecutive days when the traffic was all-smooth and I could reach office on time. Many-a-times , I have thought of relocating to the city, as commutation from Delhi takes too much of a time. But the city is facing too many problems of its own. Buying flats in Gurgaon comes with too many repercussions. One, the traffic problem, I have already mentioned. There are many other that make me and many other buyers apprehensive of leaving Delhi and shifting their residence here.

The prices are too high. Have a look at the new projects floated by the eminent developers. None of them cater to the affordable class. Most of them have been developed to cater to the high-end buyers who are backed by strong financial means. Even if you are going for a 2 BHK apartment in the city, you may need to spend around 70k! And for flats with more rooms, price rarely is below 1 crore. For middle-income group, it is a too much to ask for. Real estate Gurgaon has fully blown into a bubble, a bubble that has reached the verge of bursting anytime.

The cost of inputs required for construction is on a all-time high. Water, electricity, sand, and other materials cost too heavy for developers, and they, in turn, keep on rising the prices month after month. This, along with the delay in completion, makes the buyers feel disgusted and cheated as well. Then come the countless frauds that have driven their sentiments to the negative direction. There have been cases, when the occupancy for flats in Gurgaon gets delayed by many years. Last, but definitely not the least is the number of frauds that have caught the realty market. Developers, builders and agents play really dirty games with the 'not so well-informed' buyers: double dealings, selling unauthorized constructions, lack of approval from authorities have played havoc with the buyers' interest in making a purchase.

Makaan.com, the real estate portal, lets you search 1, 2, 3 BHK flats in Gurgaon. Look for the quarterly price trends for real estate Gurgaon and join forums to get yourself apprised of the property trends.

Buy Well-Planned, Low Cost Flats in Mohali

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When Mohali (better called) was planned to bring into existence, it was decided that it would be modelled after Chandigarh, India’s first planned city. Today, it comprises of more than 110 planned sectors and is becoming popular among those property buyers who want to live sans pollution and traffic-congestion. Delhi NCR is already saturated with population and so, the buyers need to look towards other alternatives. And Mohali is the one. Let’s see why buying a flat here can be a good decision on your part.

Flats in Mohali have been developed with meticulous planning, so they do not seem to grow mindlessly from here and there, as is in Delhi and many other parts of the country. People love to live in houses that have been well-built, are spacious, and have green surroundings. Mohali’s flats are a good example in this regard. As the city is not yet fully developed, the question of over-population does not arise.

Another interesting development is the venturing of tech giants into the city. The famous “quark city” developed by Denver-based Quark Inc. is a good example in this regard. This particular MNC has put into a whopping $500 million into city’s construction. In addition to provide a residential complex, Quark has everything from entertainment centres, educational institutes, cricket stadiums, to health care facilities. Flats in Mohali are going to benefit from this ultra-modern residential cu commercial hub. A Special Economic Zone (SEZ) has also been developed here. The residents are going to get benefitted by the ample job opportunities that this Quarkcity shall generate.

Flats in this particular city come at cheaper rates. Think of Delhi, where for a 1000sq. ft. 2 BHK apartment, a buyer needs to pay around 40-45 lacs; in Mohali, it is available within price-range of 20-30lacs. Though there are high-end sectors too here, but city, as a whole, can be called the best budget options for the buyers.

Buy, sell, or rent flats in Mohali and other cities of Delhi NCR over property site, Makaan.com. Buy house that fits within your budget and offers you the best amenities.

Properties in Noida Faring Well in the Realty Market

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Considerable infrastructural developments and the boom in realty market are the chief characteristics of the cities in North India, and Noida is one of them. Look a few decades back and could you conceive it as a IT hub? Most part was lying barren and almost negligible infrastructure. But today, it is shining, both in terms of overall development as well as realty growth. Its performance in the real estate market has remained above average, if not excellent. 

Buyers and investors can be seen flocking to the city in large numbers. A reason why end-user has eyes on buy house in Noida is that the residential rates are still lower than in cities like Delhi, Mumbai or Gurgaon, so it is still affordable. This year, the rates have appreciated well and this can be good for the investors. High cases of fraudulence and lack of civic amenities are some of the negative factors that have proved stumbling blocks to city's real estate development.

Let's talk a bit about the current rates of residential spaces. The per square feet rates of property in Noida in the areas where  rate fluctuates between  between Rs. 3000/- and 4000/- are Greater Noida, sector 151, sector 2, sector 10, sector 16, sector 143, and Noida Extension. In Noida Extension, buyers are at the disposal of properties within the 24-50 lacs range. The per square feet rates ranging between Rs. 4000/- and Rs. 5000/- are available in the sectors 144, 117, 62, 129, 133, 76, 70, 79, 50, 128, 131, 168, 93A, 62, 86, and Taj Expressway. For  higher per sq feet rates, you can go for localities like 168, 119, 76, 100, 110,  32, 61, 25A, 93B, and 45. In sectors 61, 25A, 94, 45, a 2-BHK can cost you anywhere between 70 lacs and 1 crore.

Search for  properties in Noida over the real estate portal, Makaan.com. Look for single rooms, independent houses, studio apartments, shops, office spaces, villas, and other Noida properties over site. The properties between different price brackets are available.

Properties in Mumbai Witnessing an Upsurge in Investment and Slump in Buyer's Market

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The market for Real Estate Mumbai Property that was lying low due to excessive inflationary rates, has, now, managed to come out of its box: the recent deal worth 57 crores for a duplex flat says the same story. Considered as one of the larger-than-life-life deals that Indian realty market has ever witnessed, the conception about the city that the demand from the elite has died away has been falsified. Though the rates are still skyrocketing, thanks to the huge capital rates, the NRI segment has kept the demand all high by striking hefty investment deals. The investors from countries like Hong Kong and United Kingdom have shown inclination towards putting their money into ultramodern apartments and commercial arcades.

The recent tie up of Donald Trump with India's Lodha Group is yet another proof that foreign investment is indeed there to save Mumbai properties from sans buyers situation. This infrastructural company had earlier done a deal in Pune, and now Trump has chose Mumbai as their next target. The project comprises of ultra-luxury residential complexes that would be meant for elite or affluent class. Lately, the craze of Indian developers to get themselves associated with some world-renowned brand name is going too high.

This was all about high-end property projects. But if the properties in Mumbai as a whole are  taken into consideration, there are only a few reasons for smiling for developers and builders. The inflation has gripped Indian economy very well, and it is the middle class that has to bear the brunt. Like other cities, properties in this city too are undergoing a down-phase in the buyer market. The demand has stooped to a low value, thus making the supply in excess. The prices are not getting corrected, and in light of that the demand-supply ratio has gone out of proportion. On searching some property sites, you will see that the rates have exceeded all the limits in South and Central Mumbai.

Buy, rent, or sell properties in Mumbai over Makaan.com, a leading property sites in India. Get to know the Mumbai properties that fall within different price segments and offer several amenities to the end-users.

Rates of 2 BHK Properties in Ahmedabad

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A home to textile mills and pharmaceutical companies, Ahmedabad is one of the budget localities to buy a 2 BHK house. The city ranking among the biggest creditors that contribute to Indian economy, keeps its head high, as far as, infrastructural development is concerned. It is also an important center for automobile industry. But, unlike other tier-1 cities like Delhi or Mumbai, it has not undergone mindless escalation in realty market. This can be seen form the fact that property in its several parts still wears the tag of 'affordable'. Analysis of the rates of 2 BHK residential properties below indicates that it is still under the budget of the buyers.

Consider a two-room property in Ahmedabad. Most of the buyers expect to make a buy of 2 BHK staring from around 20 lacs. And there are indeed several localities where a flat for buying is available at a price beginning at 20 lacs or even less. A few names worth mentioning here are Gota, Gandhinagarm Motera, Ghodasar, Maninagar, Vejalpur, S.G Highway, Naroda, Narol, Vastra, and Odav. At Vastra and Naroda, the rates are quiet low: the starting price falling in the range 10-15 lacs.

Noe consider the localities where the rates are a bit higher, i.e. two-room Ahmedabad housing properties falling in the range 20-30 lacs. Bopal, New C.G. Road, Vastrapur, Makarba, Satellite, Bodakdev, Chandkheda, C.G.Road, Vasna, Ambawadi, Anand Nagar, Thaltej, Nehru Nagar, Kanaria, and Shahbaug. The upper limit in these particular area too is variable, depending upon how developed the colony is and how is it fairing in terns of residential properties. The uppermost range varies between 35 lacs-70 lacs. For plush colony like Satellite, however, the property rate can be as high as 3.25 crore. The still costlier localities form a 2 BHK purchase include Gurukul, Ramdev Nagar, Pladi, Naranpura, and Mem Nagar: beginning at a price above 30 lacs and going as as high as 1 crore.

The maximum for 2 BHK flats in city are dotted in colonies like  Satellite, Maninagar, Gota, and Prahlad Nagar. These areas are doing very well in terms of IT development.

Makaan.com, the leading real estate websites helps in doing an easy and quick property search online. Buy, sell, or rent the properties in Ahmedabad at cost-effective rates. Join forums for Ahmedabad property and get to know about the current scenarios of the realty market

Numerous Ways You can Benefit from Real Estate Sites

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Last week, a friend of mine asked for my suggestion: she is looking for a 2 BHK in Gurgaon, but has no idea about the sectors that are good enough for her. I mean, she had no clue about what localities would be worth searching for. Without any procrastination, I recommended her to explore some real estate sites. It is not that she was completely oblivious of such portals, but she definitely did know about how she could made a selective search of what she desires. She did not know about what extra she could get from them, besides locating property.

I am literally a fan of property sites. I have repeatedly used many of them and now, I have a fair idea of how useful they are. Most of them allow searching particular property on the basis of several parameters like location, price range, age of construction, and several others. By selecting them, you can get the results that are very close to your requirement. Often, they provide the user the flexibility to choose the spaces advertised by landowners, developers, or agents. In addition to buying, you can also sell or rent properties that you own.

What more can you do on a real estate website? You can get to know about the latest projects floated by the builders. You can also keep yourself abreast of the ongoing price trends, on a quarter-to-quarter basis, and compare the values over a given time-period. Join their online forums and participate in property discussions. Gain from the experience of the other users, on one side, and get tips to buy home from the real estate professionals, on the other. Read reviews others have posted and know what had been their experience.

As I have been the regular visitor of some of such sites, I have got to see a unique thing recently. A few of them (not all) offer the end-users select a residential or commercial space by making use of a map of a particular locality. Such type of search, in addition to being eye-appealing, allows you to look for the amenities like educational institutes, hospitals, malls, and shops located in the vicinity of a particular location. In India, such a map-based functionality is still in its infancy.

Makaan.com is a real estate website that lets users search properties at the click of a mouse. Buy, sell, or rent residential and commercial spaces in different states PAN India.

Property in Delhi: Prices Bent towards the Higher Side of the Graph

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Delhi is notorious for its property prices, that usually cost a buyer an arm and leg. The per square feet rates in most of the localities are too high. Though we have been hearing about the price correction in some of the high-end colonies, yet the rates are still inordinate. Take, for instance , Chittaranjan Park or Gulmohar park. The psf(per square feet) rate in both the areas vary between Rs. 23000-26000/ sq. ft. Same is the story for Vasant Vihar(34000/sq.ft.), Panchshila Park(26000/sq. ft.), and Defence Colony(32000/sq.ft.), The values mentioned here are only approximate, but one thing is for sure. The rates have gone through the sky, and for a middle-class end-user, making a purchase has become a thing only to dream about.

If you are on the look out for a property in Delhi, you should be aware of the average rates prevalent in different parts of the city. While some have been mentioned above, they do not cover all.  Vasant Kunj, Vikaspuri, Patparganj, Rohini, Ajadpur, Pitampura, Saket, Shalimar Bagh, East of Kailash, Janakpuri, and Kalkaji are the areas where the rates remain above Rs.10000/ sq. ft. They vary anywhere between 11000-20000/sq. ft.  The localities that have average rates a bit lower can be found in Uttam Nagar, Aya Nagar, Mehrauli, and Dilshad Garden.

In the last quarter; i.e. Jul-Sep, the real estate prices have seen a good appreciation in many localities. Budget areas like Uttam Nagar and Aya Nagar underwent the escalation of 12% and 7% respectively. An approximate 2% increase on quarterly basis has been witnessed in Azadpur, East of Kailash, Saket, Greater Kailash, and Vasant Viahr. The drop down was observed in Dilshad Garden. Gulmohar Park, Vasant Kunj, Motinagar, Mayur Vihar, Hauz Khas, and Safdarjung Development Area. So end-users who are eying on buying a property in Delhi, investing their money in these areas can be a good decision.

Faridabad Property: An Affordable Market for Real Estate

Faridabad property at Makaan.com

Faridabad scores decently high, when it comes to its potential as the next real estate hub. Given that it is not throttled with overpopulation and still carries some fresh air to breathe in. Seeing the way cities like Delhi and Gurgaon are bearing the brunt of overwhelming prices and lack of space, this city can be the next best option. Faridabad property is garnering the attention of middle-class buyers: the rates in some of its colonies are still within the reach of an average buyer. Big developers are now eying the city as their next center for floating new projects. Pick up a real estate newspaper and you will see a plethora of ads that focus on upcoming or under-development projects in various sectors of the city.

As our point of interest here is affordable properties, let's see what are the major options that offer you cost-effective houses. Palwal, Neharpar, Sainik Colony, NIT, and Surajkund are some of the localities that can offer you a 2 BHK within the price range 25-40 lacs. Palwal is situated over NH-2 and is a part of Kundli-Manesar-Palwal Expressway or Western Peripheral Expressway. This gives it an edge over other areas: a network of overpasses, underpasses, over bridges, and minor bridges imparts excellent connectivity to Delhi, Noida, and Greater Noida.  Faridabad property, especially 2 BHKs, are available in the price range 15 lacs-30 lacs.

At Neharpar, better called Greater Faridabad, comprises of sectors 75-89, and is considered a good budget area. The locality is known for rapid commercial development, skyscrapers, and wide roads. Like Palwal, its strategic location makes it easily accessible to other cities of Delhi/NCR.

Makaan.com, one of the leading India Property sites, lets user to buy, sell, or rent residential and commercial spaces in different price segments. Keep yourself informed of Faridabad property trends and be part of real estate forum, as provided by the portal.

Crossings Republik: One of the Best Colonies for Buying Ghaziabad Flats

Ghaziabad flats at Makaan.com

Planning to relocating to Ghaziabad? If you have already chosen the city where your next dream house would be, I must tell you, the idea is not that bad. And if your chosen locality is Crossings Republik, you carry a wise head over your shoulders. Why? The answers are many... Apart  from being one of the biggest sub-urban areas of the city, this locality stands out in terms of residential and commercial development. One looking for a plush locality and highly infrastructure for buying flats in Ghaziabad, Crossings Republik is the answer. Let's talk a bit more about this plush locality...

The locality came into being from the collaboration of 7 top-notch developers in India: Anjara, Gaursons, Mahagun, Supertech, Assotech, Pancsheel, and Paramount. The idea was to create a society that would have apartments offering luxury and comfort at their best. In spite of this, they would still be affordable to the middle and the upper-middle segments. The price bracket of Ghaziabad flats in this particular locality ranges between 12 lacs and 60 lacs. The flats are 2, 3, or 4 BHKs, with maximum number of 3 BHK apartments. And what about their areas? The apartments range between 850 sq. ft. and 3500 sq. ft.

The demand is highest for the flats that have per sq. ft. area lying between 1200-1600; the next prioirty is for flats with 1600-1900/ sq. ft. The total area occupied by all the flats in Crossings Republik is 360 acres. And they have all what can be expected of an avant-grade society. These flats in Ghaziabad carry all the word-class amenities: Meticulous designs, 24 hr security, CCTV, Golf courses, shopping malls, retail markets, and what not.

Makaan.com is one of those property sites in India that allow users to buy, rent, or sell Ghaziabad flats in different price brackets. Choose depending upon the location, prices, and type of property.

Residential Property in Delhi: Fallen Prey to Financial Crisis

Real estate in Delhi at Makaan

Indian real estate is going through a really bad phase. As they say, a problem never comes alone, and this is perfectly apt for the realty market that the country is facing. The skyrocketing prices, the financial crisis, and the degradation of rupee against the mighty dollar has left no stone unturned for properties to tread an uneven path. One of the cities that have suffered immensely out of all this is the capital city Delhi. The elephantine rate at which the prices have increased has worked against the buyers' sentiments. The demand, as a result, has gone an all-time low.

The developers who have been putting all their energies in raising the rates of residential property in Delhi, are now facing the consequences of their deeds. With thousands of inventories lying vacant from more than 20 months, they are getting sleepless nights. The bubble that they created to empty the pockets of the buyers is all set to burst anytime. As soon as that happens, the rates shall start plummeting. The price correction has already occurred in South Delhi localities like Greater Kailash and several others. If the bubble continues to deflate, the demand shall rise. It is obvious that the buyers who are reluctant to make a purchase shall go on with their decision.

To win their clients back, the developers and the builders have now resorted to new means. They are approaching them with several cash discount offers and freebies. Sedans, LCDs, microwave ovens, free EMI periods, zero registration duty, and 10% discounts are a few tools that they are employing as their marketing strategies. All these sweetening devices are not going to appease the buyers, who have already under the burden of inflation. We can only hope that prices get corrected and the residential property in Delhi shall again see a rise in demand.

Makaan.com, the Indian real estate website with intelligent search facility, allows searching residential property in Delhi and other cities. Buy, sell, or rent 1, 2, 3 BHK flats, villas, condos, shops, offices, and plots in different price brackets.

Flats in Navi Mumbai No Longer Affordable

Flats in Navi Mumbai at Makaan.com

The developers PAN India are reaping what they had sown years back. They, to accumulate tons of wealth, kept on raising the prices on one pretext or the other. Though in some cases, their reasoning was genuine, in other cases, they let the appreciation happen by creating artificial demand. Take the case of flats in Navi Mumbai. The rates of residential properties in this city have scaled all the way up in recent years. The coveted developers, instead of sticking to the cut-rates, allowed the price escalation. What was the result? As the rates in Navi Mumbai (like other cities) scaled up, a buyer's sentiments turned negative. They wavered from making a purchase.

The trend continued and the demand eventually came down. With no buyers, the developers resorted to other means for bringing them back. Their freebie offers like sedans, ovens, LCDs and financial discounts in the form of zero EMI periods, nil preferential location charges, and one-time free parking did only little to lure back the buyers. The prices of flats in Navi Mumbai is still going high. A 2 BHK property in Khargar, Kamothe, Kalamboli, Nerul, Sea Woods, and Belapur has extortionately high rates: ranging between 50 lacs-1 crore, for a 2 BHK apartment.

The other localities like Taloja, Ghansoli, Juinagar, Ulwe, Mansarovar, Navde, Rabale, and Sanpada too have high rates. A two-room apartment in these localities are available between the range 30-90 lacs. As per the price trends collected from property websites, the tag of 'affordability' suits only to a few localities like Panvel and New Panvel. Such a situation can put the realty market in Navi Mumbai in jeopardy. If the rates are not depreciated, the real estate shall see a stagnation in the near future. It is high time that the builders and the developers let the price correct. Until that happens, Navi Mumbai shall follow the footsteps of Gurgaon, and Delhi, where the property bubbles have started bursting.

Makaan.com, one of the fastest growing real estate websites in India, lets you buy, sell, or rent flats in Navi Mumbai and other cities. Search on the basis of criteria like location, price, age, and type of property you prefer.

Navi Mumbai and Thane: The Budget Localities for Rental Flats in Mumbai

Property at Makaan.com

Navi Mumbai and Thane are considered as the cost-effective localities for the tenants looking for real estate in Navi Mumbai. These twin localities are considered most preferred areas for those who are low on budget. Having lived in Thane for almost 2 years, I have a fair idea of the rental areas in its different localities. The rental rates, since then, however, have appreciated too much. What we were paying monthly was 9k for a 2 BHK unfurnished flat in Kalwa. Along with this, we also paid a deposit of Rs. 40000/-. Let's see what are the average monthly rentals in other areas of Thane and Navi Mumbai.

A few popular localities in Thane, where you can find a 2 BHK flat on rent in Mumbai in the 20-30k range include Manpada, Pokhran Road, Vasant Vihar, Pokhran-2, Thane (W), Khopat, Ram Murti Road, Ghodbunder Raod, Teen Hath Naka, Majiwada, Louis Wadi, and Hiranandani Estates. The lesser rates can be expected at Ghodbandar Road: a 2 BHK apartment with monthly rental between 9k-17k is  available here for the tenants. At Kasar Vadavali, the rate as low as 4-5k can be expected.

What about rental flats in Mumbai in the Navi Mumbai area? The localities where you can find flats within the rental range 8-20k are Khargar, Seawoods, Kamothe, New Panvel, Mansarovar, and Balkum. The average rates at localities are: Nerul (15-30k), Airoli(15-17k), Vashi (20k-2.5 lacs), Koparkhairane (18-22k). To rent a house in Mumbai in Navi Mumbai at cost-effective rates, Khandeshwar can be the best option. Here the per square feet value is as low as Rs. 7/-. A 2 BHK at Khandeshwar would cost you somewhere around 7-8k.

If you are searching for flat on rent in Mumbai, Navi Mumbai and Thane stand out as the best budget options. The rates are flexible and with a little negotiation, you can fix the rate with your landlord.


Buy flat on rent in Mumbai over the real estate portal, Makaan.com. Search on the basis of parameters like price, locality, age, and status

Property in Delhi: Prices All Set to Correct in the Coming Months

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While every now and then, our talks about property in Delhi are highly focused on an exclusive topic: the prices in the city. Here too, I am going to have a few words about the ongoing rates in the capital. But this time, I am not going to rant about the skyrocketing rates, the reason being that these are going to see a steep fall in the coming months. As per the Jones Lang LaSalle report, the prices of the Delhi's residential properties are all geared to see a downfall. The main factor behind this is that the number of inventories lying vacant has reached a high value.

It can be seen like this: the prices kept on escalating year after year. The developers made it sure that the rates rose steeply, and that they did not correct. They, by creating an artificial demand market, let the prices soar like anything. The results were not good. The demand for a property in Delhi started tumbling. Even the elite segment found the properties out of their budget. As the demand started falling, the number of unsold inventories kept on building, month after month. And as the situation worsened, the developers were left with piles of unsold inventories. This, in turn, resulted in step-downing of the capital rates

In general, the average period for the unsold properties is around 15 months, but in case of Delhi, it has reached over 23 months. Such a scenario suggests that the prices are going to see a fall. An estimated depreciation of 12% is expected in the city. This would be good for the end-users who were holding themselves back from making any investment on real estate. The market is already seeing a correction in some localities of South Delhi. The prices in the localities like Vasant Kunj and Defenece Colony had crossed all the possible limits.

The developers had enough of their manipulations of property in Delhi; now the market trends are expected to incline towards end-users. And with market going in favor of buyers' sentiments, the demand shall rise again.

Makaan.com, a property websites with intelligent search facility, allows the end-users buy, sell, or rent property in Delhi, and other major Indian cities. Buyers can locate properties in their preferred localities and within the price-brackets that suit them the best.

Prices of Mumbai Property are Expected to Correct in the Months to Come

Real Estate India

Whenever we talk of Mumbai property, the first thing that comes to our minds is the monstrous price. I had gone to Mumbai some 3 years back, and the first thing my landlord asked me was: Do you have a great salary? I was a little annoyed and thought how is this concern of his, as long as I am paying him his monthly rent. As I stayed there for about 2 years, I got to know why was he asking such a question. To thrive in a city like Mumbai, you really have to have a big pocket. And as far as property rates are concerned, they are immensely high. Before I landed this rental house, I had made an extensive search of the budget properties. What I got to know from all this was that even an unfurnished 2 BHK house (which they call 'bungalow'), you need to pay a pretty high rental. And if you don't have a good salary to back you, you shall end up living in shanties.

That was about my experience of real estate in the city. As per current scenario, the prices of inventories has reached such a skyrocketing level that the demand has dwindled over time. This year saw a 12% decline in the demand for Mumbai property. The result is all there to see: inventories, as old as 30 months are lying unsold, Despite all the alluring mechanisms adopted by the developers to call back their customers, the demand has failed to see any rise. The property bubble, just like in Delhi and Gurgaon, has swelled so much that it can burst anytime. But with this comes a positive streak of hope, the hope that the real estate prices shall get back to their correction.

If the correction happens, the demand would definitely scale up and the number of vacant inventories shall drop. We are about to see the same thing in other cities also, where the rates are extremely high.

Buy, rent, or sell Mumbai Property over India's leading property site, Makaan.com. Choose your preferred locality in the price-bracket that suits you the best.

Delhi Property: Largely under the Influence of Escalating Prices

Real Estate India

Want a property in Delhi? If that's so, where are the areas that you looking for your property? If it is South Delhi, then I must tell you that the rates in the localities have dropped amazingly by 20-25%. Whether it is Gulmohar Park, Greater Kailash, Vasant Kunj, or Defence Colony, the real estate prices have depreciated quiet well. So, if you want a dream of house of yours in this particular region, time is just ripe for that. Delhi property has seen some of the strong changes in recent months, thanks to the new policies  chalked out by the authorities.

Last month, the government came out with its new Land Farm Policy. According to it, it has proposed to built farm houses in 26 villages that were, hitherto, only thinly populated. The elite class saw this a good opportunity, as they can now get farmhouses in the same price-range that were supposed to invest on buying bungalows in South Delhi. With the announcement, the buyers who were eying Delhi property in South Delhi, shifted their focus to these villages, where the farm houses worth acres are to be constructed. This led to an appreciable drop in the capital rates. So, if you want a relatively cheaper house in southern localities, it is just the right time to make a buy.

Talking of the real estate in other parts of the city, there is no drop of capital rates. In fact, Delhi has stood second among all the cities in the world where rates have appreciated at the highest rate. Next only to Jaipur, the city witnessed a rise of 60% in property rates since 2011. The city has even left behind other cities like Sao Paulo, which has earned the status of the second fastest rising International property market.  If the trend continues, Delhi property shall soon see the burst of the real estate bubble that has been created intentionally by the developers.

Makaan.com, the leading real estate portal, allows you to buy, sell, or rent Delhi property. Make an intelligent search of all types pf properties, by using criteria like locality, price-range, age, and type of  property.

Should You Buy an India Property Now or Wait?

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Are you looking for a property in India? Or you have postponed your decision until the economy recoups itself? As I have been reading a lot about the current crisis that the real estate is facing, I would say, in either case, you can have a leverage in terms of prices. How? Let's see.

India property is under the umbra of ever-expanding bubbles. The prices, in most cities, have gone through the roof. In-spite of that, the developers are in no mood to retract and let the prices correct. An average buyer, who is already bearing the burnt of recession, cannot think of making a purchase of his dream house. The results are before us: the demand for properties has reached an all-time low. This is giving the developers sleepless nights. They are now resorting to means like discounts and freebies to the customers. You, as a buyer, can take advantage of the situation. You can negotiate better, as the time is ripe now. There are good chances that the builders would pare down a bit more than they would do under normal situation.

On the other hand, you can wait for the prices to correct. As the demand has dwindled, the developers of India property will have no other choice than to lessen the rates. And such a thing is highly expected. The bubbles shall burst and the prices will trace back to their original values. Under that scenario, the buyers would find a respite, who have till now, seen the prices only going up and up.

Once the India property overcomes the recession, and most expectedly it will be, the rates of commodities shall see a depreciation. And the buyers then, shall be able to think of investing into the real estate. As the property rates shall too dwindle, it will be a win-win situation for them. All these are only predictions, but they are expected to come true. Keep your fingers crossed...

Makaan.com, the leading real estate portal allows India property to buy, sell, or rent. The users can make an intelligent search, on the basis of criteria like locality, price, and type of property. Both the list and map-based searches are available to the users.

Inflation has not Plummeted the Demand of Residential Property in Pune

While the news of plummeting in demand has been coming from one state after the other, the realty market in Pune seems to drifting in the opposite direction. Over a month of last six months, residential property in Pune saw an influx of about 21%. With more than 400 projects having been launched during this period, and the sell-market going strong, it is clear that the property market is performing well enough. Though the number of inventories lying vacant/unused is around 20%, yet the demand is going steady. In micro-markets too, a good escalation in demand has been witnessed. The time is ripe for those buyers who are interested in investing on premium properties, as the number of such projects  rolled out recently is pretty high.

As far as land for sale in Pune are concerned, the rates vary from one micro-market to the other. The localities where the average per square feet rate lies within the range Rs. 2000-4000/- include Dehu Road, Fursungi Gaon, Manjri, New Sanghvi, Talegaon, Chakan, Moshi, and Mohammadwadi. In areas like Viman nagar, Wakad, Lullanagar, Kharadi, Hadapsar, Hinjewadi, Pimpri Chinchwad, Singad Road, Vishrantwadi, Warje, Chinchwad, Katraj, Chikhali, and, Wakad, you can expect the higher range: Rs. 4000-7000/ sq. ft.

If one is on the hunt for premium residential property in Pune, localities including Erandwane, Balwadi, Bibwewadi, Koregaon Park, Magarpatta, Shankarseth Road, Baner, Kothrud, Kavre Nagar, and Shivaji Nagar can offer you a lot of options. The real estate prices in Pune, specially in Shivaji Nagar, Karve Nagar, Kothrud, and Koregaon can cost as high as Rs. 12000-13000/ sq. ft.

It's Pune's excellent backing by infrastructure, better connectivity, and several upcoming developmental projects that the realty market has not really fallen prey to the current recession and inflation in prices. As the economy here is still standing on its own feet, there are a  number of options available to both a buyer as well as an investor.

Buy, rent or sell residential property in Pune and other Indian cities over real estate portal, Makaan.com. The India property websites offer an intelligent way of going a map-based and list-based search, and allowing the users to get selective results.