People Finding It Difficult To Buy Flats For Sale In Mumbai

Many people are looking buy house in the financial capital of India but property prices in Mumbai make it impossible for the common man to invest here. Looking at the prices of Taloja property and other flats for sale in Mumbai it is hard to imagine how people manage to live here. As the city is one of the most expensive cities in real estate in India. Mumbai is one of the most congested cities across the globe this and a number of other infra problems also doesn't deter people from shifting their base to Mumbai. Some come here to enter bollywood other come here to find suitable job opportunities.

Mumbai is called a land of dreams but sadly due to high property prices in Mumbai very few people are able to buy house- their dream abode. Although the cost of living is not very high in Mumbai but high rentals and skyrocketing property prices in Mumbai make life difficult for migrants. Even after taking a huge home loan people find it difficult to buy Taloja property and other flats for sale in Mumbai. Maybe this is the reason why Mumbai is one of the most sought after destination in real estate in India.

Many people are waiting for a price correction to happen so that they can buy house but sadly it is an unlikely situation. Builders of Taloja property and other flats for sale in Mumbai are unwilling to reduce prices of properties inspite of holding huge unsold inventories. Real estate in India has been facing a slump for last three years and Mumbai too has been affected by it but still the builders are undeterred and unwilling to compromise on the property prices.  This is probably the best time to buy house in the city as the city is witnessing stable prices over the last few years.

Real Estate In Nasik Sees Steep Price Hike

Real estate in Nasik has seeing a slowdown in recent times as there is no demand for properties across the city like property in Laxman Nagar. Most of the people are hesitating to buy house in the city and the recent hike in ready recknor rates has proved to be a nail in the coffin. But real estate experts feel this is not the actual reason why people are hesitating to invest in properties in Nasik like flats in Laxman Nagar.

Most of the experts feel that people are waiting for a price correction to happen before they buy house. Real estate in Nasik has not seen a price correction in recent time. Infact most of the people who had invested in properties in Nasik like flats in Laxman Nagar a few years back are now enjoying good benefits as on an average the land prices have increased by three to 20 times in the city in past eight years. Even the flat prices which were ranging between Rs1,500 to Rs2,500 per sq ft have gone up to Rs 2,700 to Rs 6,000 per sq ft in the last few years.

Real estate in Nasik has seen a steep hike in prices and hence people look to buy properties across the city like property in Laxman Nagar are now looking for prices to correct. But the situation is unlikely to happen as investors are keen to invest in properties in Nasik like flats in Laxman Nagar as on an average a mid-size flat will cost about Rs 30-35 lakh where as luxury flat is costing around 50 lakh. Also many first time house buyers are looking to buy house here. So although real estate in Nasik is looking at a slowdown phase the property prices will continue to se a significant hike.

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.

What Factors Should One Look At Before Investing In Pune

In the last two- three decades more and more people are interested to buy a property in Pune. But often people find themselves feeling jittery before purchasing a property at Pune. Fraudulent practices and mistrust in real estate in Pune has made the matter worse for people looking to buy plots / land, villa, independent house and flats in Pune. 

Before buying a flats in Pune one should do a quick background check of the builder. Research and find the right developer and real estate company. This will help you to get a great sense of security that your money is safe. Also ensure that developer of property at Pune has acquired all the necessary approvals. Don't forget to check the timelines, also make sure that they are covered well in you property in Pune sale agreement. It is advisable to research about all the extra charges such as parking charges, club membership fees and also government taxes as well as charges, as these charges might give you a headache. If you are taking a home loan to buy a property in real estate in Pune thing can become simpler as the bank will do most of the due diligence for its customers.

Before to buy house and plot in real estate in Pune make sure that you have hired a well-knowledgeable lawyer who is well versed about land as well as revenue matters. Carefully check for the title of property at Pune that is coming by way of registered documents of property in Pune. Also check that the PR card has the name of the previous owner of property at Pune. Since land investments require a huge investments one should keep the property well protected. It is advisable that you build a fence around your property at Pune to protect it against encroachment.

Buying Property in Faridabad: Would You Go for It?

Faridabad Property at Makaan.com

Faridabad comes as a good option when it comes to buy house and residential properties in Delhi NCR. And why not? Being a sustainable city, it is preferred by the property seekers for whom budgetary constraint is the prime factor. To add to this, Faridabad real estate is also distinguished for having huge land parcels available for futuristic developments. At a time when Delhi and Gurgaon have reached the state of saturation in terms of residential constructions, Faridabad comes as a pleasant respite to many. But the picture is not as rosy as the developers portray. There are some pitfalls, certain dampening factors that indicate that the city has some serious issues to resolve first.

I have been searching real estate Faridabad property from past one year. During this time span, I came to know about this city better. The first and foremost thing of concern is its below par basic amenities: there are issues related to quality of its drinking water, scarcity of water, poor sewage disposal systems, and shortage of electricity. As I was reading somewhere, Greenfield Colony had some serious water problems a few months back. Though the issue has been resolved up to some extent, the residents are not satisfied with the state of affairs. Similarly, there are several other localities too that are facing water issue.

In some places, the residents are facing sewage disposal problems. There are no treatment plants where the garbage can be properly disposed. This makes the residents of property in Faridabad use bad practices that cause harm to environment. Another factor that goes against this city is high pollution level. Faridabad has a plenty of small scale manufacturing units that emit poisonous gases on daily basis. The residential localities in the nearby area are affected to a great extent.

Unless some concrete steps are taken to raise the quality of life here, there are only a dismal chance that this city would make something worthwhile out of its real estate.

Property in Chandigarh: All Geared Up to be the Next Retail Destination

Chandigarh Property at Makaan.com

In spite of carrying the tag of a tier-II city, property Chandigarh  market performed well in 2013. Though the real estate prices fell by about 2.1% in the third quarter, the city exhibited good scope for retail market. As per a report by global property management firm Jones Lang LaSalle, the city, along with Surat and Ahmedabad, are all geared up to become the next best destinations for retail investors, after major metros. Chandigarh derives its potential from the presence of  unused infrastructure and availability of land for futuristic developments.

Commercial property in Chandigarh too carries scope for office market. Affordable land rates make it an attractive destination for realtors and investors across country. As per a survey, the city stands at ninth position in terms of Market Potential Index. While tier-I cites like Gurgaon and Delhi are constantly losing ground on account of their saturation, Chandigarh comes as a relief to several. For buyers who are too keen on keeping their budgetary constraints to minimum levels, city  comes as a good choice. Planned constructions, open spaces, and green cover are the factors that speak in favor of city.

Zirakpur, one of the prominent markets to Buy House Chandigarh properties, offers luxury residential spaces. The locality has developed at a good pace, and toady, one can see a plethora of high-end malls and hotels having sprung up all over. With the upcoming IT Park in city, the realty prices are expected to scale all the way up. In the near future, the demand for residential spaces is expected to see a boost.

Ambala-Chandigarh is another preferable area for buyers of Chandigarh property. Mohali is the commercial hub of city and under the Master Plan, it is going to see further expansion of residential spaces. Mohali has seen the foraying of some global giants, thus giving it leverage over other localities across city.

Rapid Metro Transport to Transform the Shape of Gurgaon Flats

Gurgaon property at Makaan.com

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.  

Property Rates for Two-Room Residences in North Delhi

Residential Property in Delhi at Makaan.com

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.