Stability in property prices: Property in Raipur has seen stability in property prices in the last few years. The property prices in the last few years have given a decent appreciation owing to ample opportunities and infrastructural development. The city is regional hub of trade and as a result property in Raipur for sale has managed to attract people from various parts of the region. Property in Deopuri is also witnessing a healthy demand. Although the sales movement has slowed down in the past few months but as compared to other tier 2 and tier 3 cities property Raipur has done a fairly good job. Property in Deopuri is commanding a rate between Rs. 3,300 to Rs. 2200 per square feet depending upon the location.
Decent rental rates: Many people are buying property in Raipur for sale as they earn good rental income. Several areas of the city infact command high rentals due to proximity to commercial areas and office areas. Apartments in Deopuri also earn decent rental incomes. Over the last few years sales of property Raipur has faced many speed breakers but there has been no affect on the rental rates of property Raipur. Infact rental rates are also going up drastically each year.
Development of Integrated Societies: Intefrated townships have caught fancy of many homebuyers. Many people are now interested to buy house and property in Raipur for sale in integrated societies. Integrated societies also offer more security and but people don't mind spending extra money to ensure comfort and security.
Homebuyers are now younger: As buying a property in Raipur like apartments in Deopuri is more affordable in a tier-2 city many youngsters who are unable to afford a property in metro cities are turning to cities like Raipur. As a result people as young as 28 are buying a property in Raipur for sale.
No comments:
Post a Comment