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Tuesday, 24 February 2015

Movement Seen in Ghaziabad

Ghaziabad Properties
Ghaziabad Property at Makaan.com
Properties in Ghaziabad are in high demand these days after the Delhi real estate prices have touched the roof. The gateway city of Uttar Pradesh, is doing extremely well in terms of real estate. The way flats in Indirapuram, Kaushambi, and Crossings Republik are coming up, it shows that the city has surely developed into a world class city. Even though the city grapples problems such as pollution, high crime rate, electricity and water shortage still property-seekers have found real estate Ghaziabad and flats worth buying. The projects that have been rolled out by most of the builders are high-end. Most of the properties in Ghaziabad that are being currently developed are drawing masses that are from the affluent segment. Their most preferred property are 3 BHK and 4 BHK flats in Ghaziabad. Although flats in Indirapuram are commanding a premium due to location advantage but other places are also attracting the general public.

Property in Indirapuram and many other parts of the city are seeing a price rise due to introduction of Delhi Metro Rail. Since means of transportation is easily available, property in Indirapuram is doing exceedingly well. Also after the new of improved connectivity of the city to the Delhi metro rail and its further extension plans have also led to increase in prices of flats in Ghaziabad. Infact there have been a great movement both in terms of enquiries as well as sale of Ghaziabad flats. Looking at this some of the prominent builders have launched their projects here offering Ghaziabad flats. Once infrastructural problems are solved and the crime rate is also brought under control, flats in Ghaziabad would see an unprecedented price rise and the city would become an ideal location to buy a house. However still a lot of ground work needs to be completed on part of housing authorities in bringing transparency in transaction of properties for sale in Ghaziabad.

Friday, 20 February 2015

Where to Invest in Hyderabad

Prices for properties in Hyderabad have remained stagnant and sluggish over the past year. But there are a number of localities where one can invest in real estate Hyderabad and expect to get decent returns. Some of the best places to invest in Hyderabad real estate are Hi-Tech City, Jubilee Hills, Panjagutta and Banjara Hills all these localities have given a decent 10 to 12% return in the last two years. The above areas fall in the range of premium to upper-mid segment in real estate in Hyderabad. These areas in real estate Hyderabad also offer decent rental income. Hi-Tech City houses many IT and ITES companies and therefore many people choosing to live in the vicinity of their office location.  

If one is looking to buy budget properties in Hyderabad one can also look at Kondapur, Whitefeilds flats, Madhapur, Madinaguda and Miyapur which have provided 7 to 8% of annual return over the last two years. Another preferable Hyderabad real estate area is Gachibowli which is one major center of builder activity. Gachibowli is an upcoming real estate Hyderabad as it is being developed as financial district. Properties in Hyderabad in these areas fetch good rental income. 

Most of the areas other than the ones mentioned above have mostly remained flat in terms of growth , but might show some recovery in the time to come as IT crowd and NRIs / PIO prefer to invest in real estate Hyderabad among other cities property in India and with a new government at center the scenario might improve soon. Although there are several areas in Hyderabad real estate have have offer very high rate of appreciation whereas some area have not given any appreciation at all. One can tract areas in real estate in Hyderabad that can give you high returns. For more information one can go on popular real estate site Makaan.com and check www.makaan.com/invest section.

Tuesday, 17 February 2015

Chennai Properties Attract Investors

Chennai Property at Makaan.com
Chennai, the capital city of Tamil Nadu, has attracted many people to invest in Chennai property for sale. People are looking to buy property in Chennai for sale as the city is equipped with excellent infrastructure, stronghold in software sector, upcoming metro project. The upcoming Chennai Metro that is supposed to be developed in two phases has sparked an interest in Chennai properties for sale. The Chennai properties for sale around the Metro area have already witnessed a rise of about 15% to 20% in property prices. 

Over the years property in Chennai has shown a considerable appreciation but the return on investment has largely been depended on the area of the India properties. Chennai property for sale located at Central and South Chennai have offered high ROI's whereas North Chennai has not shown any major movement in property prices. In Central Chennai demand for residential property in Chennai for sale has outstripped supply. Overall Chennai property for sale has sparked a lot of interest from end-users as well as investors. Also since the city is the biggest industrial and commercial centre in South India many real estate player keep an close eye on the property in Chennai. Earlier buying a property in Chennai for sale was considered as a dead real estate investment clearly things have changed in the last few years with fast industrialization as well as urbanization. Today, the city is witnessing rise in the number of construction of luxury as well as affordable project.

Many companies have set up their factories, office and corporate hubs in the city. The city is fast become one of the most preferred location in India properties. With rapid change in infrastructure of the city the Tamil Nadu's capital city real estate sector is also seeing rapid movement in real estate inventories.

Sunday, 15 February 2015

Delhi Property Rates Discourage Buyers

The capital city carries stupendous infrastructure and the mod cons expected of a metropolitan city. But with the scope of any future development in Delhi real estate rendered almost nil, buyers, specially those who see real estate in Delhi as a long-term investment, are very few. In fact, the present real estate Delhi market is not at all favorable to the investors and the scope is left only for the end-users. The realty expert analysis says that there has been a decline of in property launches. DDA, on the other hand has given nod to the development of 10 lakh new houses in Delhi real estate by 2021, in order to cater to the sharp increase in population. These contrasting situations indicate that the market trends are more in favor of immediate users rather than the investors. 

While the factors like connectivity and price appreciation seem to be working in favor of real estate in Delhi, the sale of properties is facing a slack, specially in southern region of the Capital. The demand for real estate Delhi, including in areas like Defence Colony and New Friends Colony, is crumbling. There are simply no takers for flats in Vasant Kunj and apartments in Dwarka. An average buyer is unable to afford even a small plot, with the prices ranging in crores. To allure customers in these areas, developers in real estate in Delhi are making discount offers and trying to bring in more amenities too. But, that too is not bringing in the desired results as selling flats in Vasant Kunj and apartments in Dwarka is still very difficult. 

With no takers, the prices are not going to see correction anytime in near future. If the rates get depreciated, then there shall be any chance for end-users buy Delhi real estate.

Thursday, 12 February 2015

Noida Real Estate Picks Up

Flats in Noida can be bought at an affordable price as there no dearth of availability and the real estate Noida offer plenty of options in terms of residential spaces. Although the capital values in major markets like Noida real estate have more or less remained stagnant in the last one year. But the change on the political front has brought positive changes in all the spheres, the property market being no exception, is also reacting to these positive outlook. The Government's development agenda, focus on affordable housing, increase in exemption of home loan seems to have created a positive resonance among the Indian home buyers but a significant improvement in Noida real estate can only be expected over next 12-18 months period.

Even though the Noida real estate market is picking up it has still not managed to regain its pace. Escalating prices, flouting of land reforms, uncertainty over project completion has dampened the spirit of home buyers. The number of flats in Noida since January 2014 has increased as compared to the last year. Although there has been an increase in the number of enquiries that have been received by the developers, but very few leads have converted into sales. This could be attributed to buyers sitting on sidelines because of high property prices or lack of proper papers. Also it is seen that more and more developers are keen to launch luxury properties as high land cost is forcing developers to stay away from launching affordable projects. This situation has also led to the demand and supply mismatch of both affordable as well as luxury properties in Noida. The satellite cities of Noida and Gurgaon were answers to the burgeoning need for housing and property for sale and investment, but the cities have now become self sustainable and attention should be now be given on offering adequate infrastructure.

Monday, 9 February 2015

Buying a Property in Bangalore an Attractive Option

Bangalore Property at Makaan.com
Looking to buy a property in Bangalore? Currently Bangalore real estate is looking attractive as it offers affordable housing to the middle class. The city offers ample opportunity to invest properties in Bangalore for sale at reasonable prices. The city’s property market has rarely seen a slump and the sole reason of this is that real estate in Bangalore is still very much affordable unlike other metro cities of India.

Although In recent times several fraud land deals has jittered the faith of many Bangalore real estate. In the last few years in real estate Bangalore many builders have been openly flouting building norms rules and regulations. But the government is now looking to take strict action and bring in strict rules to avoid fraud deals from going through. But all said and done real estate in Bangalore still attracts people from all parts of the country. Buying a property in Bangalore is still very much an attractive option for many.       

The Silicon Valley of India has over the last few years seen population explosion due to availability of opportunities. Many prominent companies have set up their campuses in Bangalore real estate owning to low rentals and affordable property in Bangalore. The capital city of Karnataka which was once known as idyllic city has now transformed into a busy cosmopolitan city. Real estate Bangalore now hosts various well known education and corporate hubs. As a result the real estate in Bangalore has given a good rate of appreciation in the last few years. The city is seeing a boom for properties. The silicon valley of India offers first-class infrastructure as well as top amenities that attracts the middle class to buy house and property for sale in Bangalore. The development of self sustainable and integrated societies and the accentuated lifestyle has attracted many buyers to the city.

Thursday, 5 February 2015

Investing in Flats in Ahmedabad a Good Investment Decision

Ahmedabad Property
Ahmedabad flats seen a paradigm shift in demand. Earlier the sleepy city is seeing a steady influx of investments. NRIs as well as locals are keen to purchase Ahmedabad apartment. The city too offer Ahmedabad flats that suit various pocket sizes. Flats in Ahmedabad are in high demand due to growing opportunities in the city. The city is emerging as the new automobile hub and many new employment opportunities has been created as a result more and more people are keen to invest in flats in Ahmedabad.

Ideally a flat in Ahemdabad should not cost more than a few lakhs but luxury Ahmedabad Apartment can cost upto a crore. It is an wise decision to invest in the city as the city is currently in a growing phase and sooner or later the flat in ahmedabad are going to fetch huge returns. Initially  real estate market on account of problems such as lack of regulation, high retail inflation, faulty builder-buyer agreements favouring developers, uncertainty over the completion date of project and rising property prices. This had caused a drastic drop in sales across all major Indian cities. But, this year experts are expecting that the sales figures will rise as several new benefits like increase in the IT exemption from 2.0 lac to 2.5 lac and increase in the income tax exemption on repayment of interest on home loan from 1.5 lac to 2.0 lac has improved the overall outlook of the real estate scenario.

Also one must also remember that the Gujarati city offer plenty affordable Ahmedabad flat which is the current flavor of the season. Investors are looking to invest in affordable properties in promising destinations and flats in Ahmedabad fit perfectly in the bill. So if you are looking to buy a flat in Ahmedabad then do not hesitate to invest in one as in the long run it is surely going to fetch very good returns.

Wednesday, 4 February 2015

Pune Buildings Ignore Fire Safety Norms

It has been noticed by many residents that property in Pune are not adhering to fire safety norms. Many builder developing Pune properties do not take safety norms seriously. In the last few years several commercial properties as well as residential properties in Pune have been destroyed due to usage of poor quality materials. Several properties in Pune are using cheap electrical which are not shock proof as a result the city has seen a rise in number of accidents due to short circuit. 

Apathy and ignorance of using proper material for commercial and residential properties in Pune has led to rise in the number of fire accidents and mishaps. Most of the builders in Pune only interested in making quick profits, and for this the builders of Pune properties are willing to use substandard quality electrical thereby compromising the safety of home buyers. Many developers of property in Pune are using extremly poor quality electrical cables and quality fuses to make more profit. Absence of important electrical such as circuit breakers, electrical ducts, etc. have caused fire breakouts in various parts of the city.

Lack of proper space heavy overdraw of power are also some of the causes of fire outbreak in properties in Pune. Over the years the city has faced land scarcity which has led to increase in number of high rises in real estate of Pune. Most of the building are being developed by small builders who just want to make quick profit and therefore they pay no heed towards safety of customers. In fact it has been noticed by the that most of the buildings are not ready in case a fire accident happens in the Pune property. Most buildings don't even have basic fire fighting equipment's like hose pipe and fire extinguisher. It is high time that the concerned authority takes stringent action against developers who are ignoring fire safety norms.

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