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Tuesday, 31 March 2015

South Bangalore Preferred Rent Location

Bangalore Property at makaan.com
Bangalore, a city better known as the silicon valley of India, is one of India's expanding realty hubs. The city is a favorite destination among the expatriates, as it offers favorable weather conditions and lots of opportunities. In the last few years the demand for Bangalore property for sale has risen drastically as the city has expanded. It is not only the local population who is interested to buy Bangalore property for sale that but expatriates and migrants to the city too are looking to invest in Bangalore real estate. And rental houses in real estate in Bangalore come as a affordable option for all those who do possess the required disposable incomes to buy a Bangalore property for sale. Mostly people who look to take rental properties in real estate in Bangalore prefer to take flats near their office locations. 

Most of the people prefer to take a Electronic city property in rent. The south Bangalore locality has high concentration of office and commercial space as a result property in Electronic City commands a decent rental income. A person looking to take Electronic City property on rent can choose from semi-furnished, unfurnished or fully-furnished properties. A 2 BHK property in Electronic City can be rented at approximately Rs. 10,000/- per month. However the rental rates may vary according to the state of furnishing or location of the property in Electronic City.    

South real estate Bangalore is the most preferential location for many who are seeking only for a temporary solution to their accommodation requirement. In the last two decades real estate in Bangalore has seen major movement both in property search of sale of properties and rental properties. The Return on Investment offered by Bangalore real estate has also been fairly decent which is why more and more people are getting attracted to the city.

Monday, 30 March 2015

Strict Implementation Of Laws Needed for Real Estate Mumbai

Property in Mumbai at Makaan.com
Although Mumbai real estate boasts of superstructures and high prices of properties in Mumbai for sale yet, its buildings lack basic safety. This is the story of Mumbai real estate: the recent cases of fire and buildings crash in several parts of the city brings to light the gruesome state of affairs. Several people got killed and many others injured after dilapidated flats in Mumbai crashed.

Recently a commercial building in Andheri East had caught fire. Around 500 people were evacuated and thankfully no casualties were reported. But in April last year, a 3-storey building had collapsed in Mumbai Thane, causing the death of 74 people. Upon investigation it was found that the building in Mumbai real estate was build illegally on a forest land. Also substandard material was used for construction of these flats in Mumbai. Several other faults wee found with construction of these flats in Mumbai. Many a times builder built illegal properties in Mumbai for sale and sell it at lower prices in order to attract buyers. 

A similar case was seen when another building in Dahisar crashed which also caused by deaths of many people. The rickety state of flats in Mumbai caused the crashed. The situation is fast becoming extremely alarming as a large portion of property in Andheri West Mumbai for sale are being developed after keeping safety regulations at bay so that developers can reap in more profits. 

Lack of awareness on part of occupants also makes it easier for developers to fool buyers. Government laid back attitude has also made it easy to flout laws. In the last few years the situation has gone out of hand only strict implementation of laws and adherence to construction rules as well as harsh punishments can bring the worrying situation under control. Things need to be taken seriously to bring the situation under control.

Friday, 27 March 2015

Where to Invest in Delhi NCR?

Delhi NCR Property at Makaan.com
Looking to buy flats in Delhi but unable to afford one? Then you must look at the satellite cities of Delhi. Delhi NCR was developed in order to provide the people of Delhi with affordable housing options. After rapid development of Delhi the property prices in the city rose at a rapid space making it difficult for the general public to buy flats in Delhi. Even taking flats in Delhi on rent became a difficult option in the last few years as the property prices of the city skyrocketed.

Real estate Faridabad, Gurgaon, Noida and Ghaziabad were developed to offer people affordable housing options. Over the last few years real estate Faridabad has shown a decent appreciation whereas properties in Gurgaon have skyrocketed. Flats in Noida and Flats in Ghaziabad too are witnessing high demand from buyers. In terms of rental income real estate Faridabad and flats in Ghaziabad are getting decent return returns but Gurgaon properties and flats in Noida command a premium as more opportunities are available in these satellite cities. 

In terms of affordability flats in Ghaziabad and flats in Noida have been preferred as an excellent investment destination. Real estate Faridabad is usually termed as a slow moving realty sector. Whereas Gurgaon is now most considered as an out of reach realty segment. The Delhi NCR property market witnesses a decent blend of end-use purchase and investor interest. Speculation has often led to inflation of prices which has led to confusion as to where to invest in Delhi NCR. It has been generally noticed that good infrastructure, connectivity as well as consumer convenience accelerate a regions real estate success and also establishes the existing property prices. And therefore before making any important investment decision it is advisable that people should visit the location and try and judge the future growth potential of the region.

Wednesday, 25 March 2015

Effect of Navratra on Delhi Real Estate

Navratra are considered as an auspicious occasion and people consider making important decision during this phase. The environment of the real estate Delhi market also goes upbeat in Navaratri each year, this gradually leads homebuyers to fulfill their dreams. The builders too want to see a movement in property for sale in Delhi and in an attempt to woo the buyer the sometime slash the Delhi property rates marginally or offer discounts or freebies. Recently DLF too announced a small cash discount on 1 % on Delhi property rates on its two luxury projects in Delhi real estate. The discount can be availed till 31st March 2015. Many other builders are also offering freebies alongwith property for sale in Delhi. 

Projects offering Uttam Nagar flats for sale are also coming up with several schemes. Although the sales of flats in Uttam Nagar have dipped in the last one year. Experts hope that freebies and discounts will attract people to buy Uttam Nagar flats for sale. People are expecting that the sales of flats in Uttam Nagar will be higher compared to the last year. 
 
Several builders in real estate Delhi are coming up with Special discounts, subvention schemes, modular kitchen, a free car parking , freebies and club membership etc. Buyers too want to be spoilt for choice before they can pin point which property for sale in Delhi they should buy. Delhi property rates have skyrocketed in the last few years, there is no harm in trying to negotiate hard with the builder. Delhi is a good place for investment and being the National capital the property price will always appreciate. So try and get the best deal this festive season, cash in the Navratra offers that are being rolled out by well-known developers and fulfill your dream of owning a home in Delhi.

Tuesday, 24 March 2015

Mumbai Real Estate Sees a Slump

Real Estate Mumbai at Makaan.com
Real estate Mumbai has always been in the news for high property prices. Rise in prices has been due to lack of space or high demand. Over years buying a property for sale in Mumbai has become a matter of prestige. Artificially inflated prices and lack of strict government rules have made price spiral of residential property in Mumbai almost uncontrollable.

People who are working in the city are keen to invest in residential property in Mumbai, as most of . Luxury property for sale in Mumbai too is in high demand. People also looking forward to invest in residential property in Mumbai to earn a handsome rental income. Many places particularly fetch very high rental income for example flats in Andheri West are able to attract handsome rental. Living in a Andheri West property offers good connectivity to all parts of the city and therefore properties over here are in high demand. Flats in Andheri West offer the convenience of living in a good neighborhood. Many people also prefer to live in Andheri West property as the place is centrally located and hence it become convenient for the whole family. Also since many well-known colleges, institute and offices are located in Andheri, Powai, Sakinaka area many people look to take flats in Andheri West on rent. 

Real estate Mumbai has always invited huge investments, even though in the last few years things have slowed down for the city's realty market, the prices of properties have not come down. Many end-users are endlessly waiting for a price correction, but builders are not letting the realty rates to come down. Many builders who are sitting on a huge stock of unsold inventory are ready to give discounts and freebies but they are unwilling to bring the rate of the properties down.

Friday, 20 March 2015

Ripe investment localities in Hyderabad

Prices for apartments in Hyderabad have remained not moved as per expectations over the past year. Still there are several localities in the city where one can invest and expect to enjoy decent returns. Hyderabad property in Hi-Tech City and Banjara Hills both have given decent 10-12% return over the last two years. The above two localities fall in the premium or luxury segment. One can also look at purchasing property in Hyderabad in Kondapur and Miyapur which have offered 4-5% of annual ROI over the last 2 years. Gachibowli is also good place to invest in apartments in Hyderabad as IT crowd will prefer to take flats on rent here. 

Properties have always given best appreciation over long term but has many hassles to manage it. Apartment can also give you appreciation over long term. You need to find right product and right location for long term appreciation. Hyderabad property and can be considered for long term appreciation.

Where to buy apartments in Hyderabad: Hyderabad has witnessed second highest occupancy of IT spaces in India during the last one year. Hence, this is a good opportunity for property buyers because Hyderabad has witnessed property boom post the settlement of Telangana. One can invest in land at Gachibowli, Shamshabad or Kokapet with a target of average return of 5-10% per annum.

Where to buy Independent houses:  There is a lot of development happening in areas like Shamshabad, Nizam Pet, Saroor Nagar, L. B. Nagar. There are independent houses available from 14 lakh onwards. You can choose from amongst these areas. They are all upcoming areas being developed intensively.

Overall lucrative location to invest in property in Hyderabad: Gachibowli, HI-TECH, Miyapur will be the right areas for consideration for buying a Hyderabad property. One can also look at our invest section in Makaan.com to know the areas that have given maximum appreciation.

Tuesday, 17 March 2015

Infrastructure Fuels Demand of Kanakapura Road Property

Located about 50 km from Bangalore South, property in Kanakapura Road attracting buyer’s  as people look at the location as a profitable investment destination. Several real estate investors are keen to invest in apartments in Kanakapura Road as the area is witnessing rapid infrastructure development. Already the realty market is witnessing a rapid increase in demand of houses for sale in Bangalore, but the demand for property in Kanakapura Road is touching the roof. Apart from improving connectivity there are several other factors that attract buyer to invest in apartments in Kanakapura Road. It has been seen that Bangalore properties for sale in this locality has generally given a good return on investment. Also affordability has made Kanakapura Road properties for sale in Bangalore a preferable choice for investment for end users. 
 
Another factor which has accelerated the demand of houses for sale in Bangalore, Kanakapura Road is connecting the locality with NICE Ring Road. This development will make traveling quick, simple, safe and efficient. Also there is a proposition of connecting the locality with Namma Metro as well as the Peripheral Ring Road. Once this development takes place the prices of Bangalore properties for sale, Kanakapura Road will soar making the locality virtually unaffordable. Bangalore real estate properties for sale in this locality are available at a square feet rate of Rs 3,500 - 4,500 depending on the project or the location. In the last five years the area has show an appreciation of 25% approximately.  

Several people who already own properties for sale in Bangalore look to invest in the locality as they consider Kanakapura Road a preferable second home destination. In terms of ROI and rental income also the area is showing a decent appreciation. Also there are talks of developing amusement park in the locality. If the development happens the locality is also appreciate due to tourism potential.

Friday, 13 March 2015

Affordable Flats Attract People Towards Greater Noida

Looking for affordable flats in Delhi is a tedious task. Many people are unable to buy a suitable house as they are unable to find a property in their budget. More the last few years with escalating property prices the rental rates have also gone up. As a result many people have decided to shift their search towards the outskirts of the NCR. Property in Greater Noida and apartments in Noida Extension are now attracting end-users who are looking for affordable flats. Rentals in apartments in Noida Extension and Greater Noida properties are also extremely affordable. 

Although the problem of land regulations and violations and flouting of land laws have restricted people from investing in Greater Noida properties, the scenario is now changing as people are not able to find affordable properties to buy in other parts of NCR. Law and order problem is also another factor why people hesitate to invest in property in Greater Noida. But since infrastructure in this par of the city is developing at a rapid space Greater Noida property and apartments in Noida Extension is seeing a renewed interest from buyers. 

Many integrated societies are being developed in Noida, this trend is sparking the interest of buyer in Greater Noida property. However delay in project completion of Greater Noida property for Sale is proving to be a dampener. Still due to lack of more affordable options people are now looking towards Greater Noida properties. If you too are looking to invest in property in Greater Noida then do not hesitate to do so as investment will fetch decent returns in future. Still, if you have certain queries about investing in the region. You can talk to property experts on Makaan.com addition you can also check price trends to know the price appreciation given by a locality in the last few months. 

Wednesday, 11 March 2015

Rented Houses in Demand in Hyderabad

Hyderabad is a developing metropolis city and therefore many people have to shift to the city in search of jobs. Since there is a huge number of migrant population, there is a very high demand for house for rent in Hyderabad. Rent house in Hyderabad has seen a rise in demand specially after the bifurcation of the state. Although there has not been much rise in the demand of properties in Hyderabad for sale but the same cannot be said for house for rent in Hyderabad.

The main reason for the acceleration in demand of rent house in hyderabad is affordibilty. The joint capital offers flats at extremely low rental this could also be due to stagnation in the realty market of the city. The slack in Indian economy has also adversely affected the properties in Hyderabad for sale. Also there has been an increase in construction costs, land cost, labour. With the increase in prices of raw materials used for developing the projects, the cost of both commercial as well as residential properties in Hyderabad for sale is now reaching a new high. The builders and developers are not willing to bring the prices down. They are ready t offer freebies and discounts but the much awaited price correction is nowhere in sight. The high costs of properties have prompted people to look for rent house in Hyderabad. 

Also people are keen to take house for rent in Hyderabad as for a very small price they are able to stay in luxury and premium properties which otherwise they would not have been able to afford. As most of the builders are now creating an artificial demand in posh localities to fool the home buyers, most of the people are preferring to stay away from the market and instead stay on rent for the time being.

Wednesday, 4 March 2015

Chennai Ripe For Investment: Key Pointers To Think About Before Investing In The City

Real estates Chennai is ideally known to give single digit return on investment but in the last few years their has been a rise in demand of India properties Chennai leading to sharp price rise of properties. Chennai real estates specially in the southern region has growth at a substantial rate. People who are looking to invest in real estates in Chennai purely from investment standpoint find OMR area extremely lucrative.

Till quiet recently most of the investors of real estates Chennai bought property for self use, but this has changed in the last 4-5 years as the Chennai real estates market has started showing some major movement. Real estates in Chennai has offered good return on investment in the last few years. Rising prices of real estates Chennai has however prevented some end-users from entering the property market. If a person is looking to buy India properties Chennai for self use, then the time for investment now is ripe as the property prices in real estates in Chennai are largely under control. Also developers in Chennai real estates are willing to give freebies and discounts to reduce their inventories of India properties Chennai. Real estate experts fee that prices of properties in Chennai will continue to rise for the next few years owing to stability and affordability of the region. 

Before investing in a property for sale in Chennai one should always look at the connectivity neighborhood and see if the price point is to your liking. Before investment one should also consider the credibility of the developer to have delivered these projects in the past. Also try and find out if the property is approved by banks to loan. Overall speak with a few people (online) for their point of view. Encourage people who give different opinion as that will come in really handy.

Tuesday, 3 March 2015

Where to invest in Ghaziabad?

Property in Ghaziabad
Ghaziabad Property at Makaan.com
Ghaziabad real estate prices have shown a slight appreciation in the last two years. This could be because the locality property prices have stabilized. From 2012-14 the Ghaziabad real estate prices of the city have increased by 5% whereas for the last year the property prices have increased by 2%. Properties in Ghaziabad have attracted customers from various parts of NCR as other satellite cities of Delhi have become virtually unaffordable. 

Lets take a look at how properties in Ghaziabad at different localities have performed in tha last two years. For your convenience we have taken two time perios i.e 2013-2014 and 2012-13.

Indirapuram: Although the prices of Indirapuram have remained stagnant during the last year but for the 2012-14 period the prices have increased by 7%. This trend might point that the property prices for this area in real estate Ghaziabad have been stabilized.
Raj Nagar: The property prices of Raj Nagar have been moving sideways for the last two years. In 2012-14 the property prices of this area of real estate Ghaziabad had risen by 9% but the trend reversed in 2013-14, as the prices dropped by 12%.

Raj Nagar Ex: This locality of real estate Ghaziabad has given a huge price appreciation of 21% in the 2012-14 period, for 2013-14 the prices went up by 9%. Easy accessibility to metro line, affordability and whopping price appreciation have made this locality is best place to invest in Ghaziabad real estate.
  
Vaishali: Vaishali property has also shown a positive trend in the last two years. In 2012-2014 the property appreciated by 17% whereas in the last year the Vaishali property prices have stabilized and increased by just 3%. This trend seems encouraging and this locality should attract investors to invest in flats in Vaishali in the coming days. Flats in Vaishali are attracting several customers owing to good return on investment.

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