Property In Raipur Gets Investor Attention

As India properties in Metros face stagnancy investors as well as real estate developers are now looking towards tier 2 and tier 3 cities like Raipur. Smaller centers of trade today offer investment opportunities in abundance. Like Raipur which is India's largest iron market is now attract people from all corners of the country. Data from property site in India show that property in Deopuri and other Raipur property saw a huge price rally after the bifurcation of the state around two decades ago. Looking at the market rally many real estate companies choose to construct property in Raipur.

With realty prices of India properties in metro cities sky-rocketing a number of investors have been supporting the small industrial centers that have scope for infra development. In the last few years active investment in infrastructure by state government has forced investors to look seriously at property in Deopuri and other Raipur property. Looking at the increasing demand many national real estate companies are also looking to develop property in Raipur. As the city is also in the race of smart city tag race it is basking under huge attention of investor as well as buyer. Property site in India predict that if the city get the smart city tag the prices of property in Deopuri and other Raipur property will sky-rocket and see phenomenal increase in demand. Property in Raipur will attract investors from across the globe.

Makaan.com is a well known property site in India that offers information about India properties and various other real estate sectors and segments. On the site one can also look at the price trends and market trends of property in Deopuri and other Raipur property. Apart from this people can also ask experts question on property in Raipur to get detailed insight into residential sector.

India Property Lucknow Set To Become More Expensive

If you were looking to buy a property in Lucknow for sale like property in Kursi Road, property in Matiyari, etc. then we have some bad news for you. The price of India property Lucknow is all set to increase as the State government has asked the Lucknow Development Authority (LDA) to put into service strictly 1% labour cess on developers and contractors. The cess will be 1  aplicable for all constructions of property in Lucknow for sale like property in Kursi Road, property in Matiyari, etc. worth above Rs 10 lakh. Though developers of India property Lucknow are required pay the cess, it burden will eventually be passed on to the buyer. This is usually the scenario of all India properties.

In India properties any escalation in construction cost is borne by the users. India properties often see a price escalation due to rise in construction costs like increase in raw material costs, land prices, labour costs, increase in duties or charges. The move will hit the sales of property in Lucknow for sale like property in Kursi Road, property in Matiyari, etc. hard as the region is already seeing a slow down. The developers of India property Lucknow are unhappy with the move as the sales and demand of properties will go down further.

The cess will be based on (PWD) Public Works Department's cost of plinth area of construction. The 1% cess has been introduced through central legislation-Domestic Workers Welfare and Social Security Act, 2010. This act makes it mandatory for the all real estate builders contractors, builders or individuals to pay an extra 1% cess of the total construction cost. All the money that is collected through this cess is then forwarded to the labour welfare department for carrying out welfare activities and schemes for laborers.

Things To Consider Before Taking A Loan For Property at Chennai

Currently it is the right time to invest in property Chennai like Guduvancheri flats. Many end-users who were earlier unable to buy a property in the city are now looking upon various construction projects. The Chennai flood wreaked the real estate market and many people are looking this situation as a good opportunity to invest property at Chennai like property in Guduvancheri.

Many people in the country while buying India properties look to take a home loan. Over the past few years the prices of India properties have sky-rocketed and hence most people have to take a home loan to finance their purchase. Several people looking to buy property Chennai like Guduvancheri flats too refer to take a home loan. Taking a home loan not only reduces the financial burden but also offers tax benefit.  Here are some important points to consider before taking a home loan for property at Chennai like property in Guduvancheri:

Best home loan rate: Select and research on the banks and financial institutions and find out which bank is offering loan at the lowest rate. Repayment interest rates can make a huge a difference in the long run. While buying property at Chennai like property in Guduvancheri look for the lowest EMI rates.

Know the details: Find out the Loan eligibility criteria and understand the Tax benefits you are eligible for. Understand the needs and decide the tenure of the loan. Longer the tenure the more interest you end up paying.

Other Charges:  Always enquire about total processing fees and other fees charged by the respective bank. Some banks for a short period offer loans without any processing charges and other fees. Do ask about pre-payment details, some banks levy a pre-payment penalty.
Before taking a loan for property Chennai like Guduvancheri flats look at the details properly.

Investors Keen To Buy Properties In Mumbai For Sale

High property rate in Mumbai has never deterred investors from buying a property here. The city inspite of skyrocketing prices still manages to attract investors. Properties in Sub-prime locations such as property in Kandivali West or flats in Kandivali East are the best bets for investments. Properties in Mumbai for sale manage to attract investors as it is very easy to enter or exit the market. Although like other India properties the sales movement of properties in Mumbai for sale has been a little sluggish but experts are saying the market will revive soon.  But even lack of sales movement has not managed to pull the property rate in Mumbai down. Everyone the end-users as well as the builders are playing the wait and watch game.

High property rate in Mumbai has been propelled by high demand lack of space and increase in the ready reckoner rates. Be it property in Kandivali West or flats in Kandivali East all the localities of Mumbai are witnessing a steep rise in property prices. Builders are not ready to reduce their prices as they cite increase in land rates, labour rates and raw materials costs is causing them losses. Like many other India properties Mumbai is too facing a stagnant phase from an end-users perspective. Investors on the other hand are still finding the market extremely attractive. Properties in Mumbai for sale like property in Kandivali West or flats in Kandivali East are still getting good ROI apart from earning decent rentals.  There has been a health investor participation in the Mumbai real estate market in the last few years.

It is seen that ready to move in properties are much higher in demand when compared to under-construction properties as investors consider them hassle free. Also ready to move in properties immediately start earning rentals.

The Changing Realty-Scape Of Mumbai

Mumbai or Maximum City, as it is fondly called, is witnessing rapid changes in its cityscape and of course, its realty market. Demand for flats in Mumbai is no longer restricted to mainstream city locations alone. South and Central Mumbai are way too unaffordable for most buyers and professionals and hence a shift in residential demand to several peripheral locations. Buying a flat in Mumbai is almost impossible in most city locations owing to limited supply, spiraling capital and land values and impossibly high square foot rates. According to India property reports, aspiring property buyers are now choosing to invest in zones like Thane which are performing well in comparison to many city locations. Thane is one of the hotbeds for residential growth at present and several property sites India have billed it to be the next big real estate hotspot after Navi Mumbai. Thane is no longer the affordable and poorly equipped cousin of India’s financial capital. Thane is today home to several leading hospitals, educational institutions, shopping centres and other social amenities. Infrastructure has grown unprecedentedly in Thane while several premium townships and projects have been developed here by leading developers. Thane is now a hotbed for luxury housing projects as well, something that was hard to imagine in the recent past. According to experts, the Kalyan-Thane belt will always remain viable for investors and end users alike. This is because of the untapped potential in these areas and comparatively lower rates in comparison to Mumbai.

Growth of Mumbai real estate in this belt is primarily due to better infrastructure and smoother connectivity to central city locations. Several landmark projects with best in class amenities are being developed in these locations in tandem with affordable and mid range housing projects. Dombivali is another area which is highly favored by property buyers these days while Ambernath is also a hot favorite. Opening up of northeastern suburbs of Mumbai due to infrastructural progress has boosted demand in these areas. Panvel is witnessing huge development in recent times while Badlapur is not doing too badly either. The Vasai-Virar-Palghar belt should also be a major growth node in Mumbai’s realty market in the future.

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.

New Farmhouse Policy Going to Change the Face of Residential Property in Delhi

Delhi Property at Makaan.com

I have been commuting via Delhi metro from past three years and every single day, I have noticed one thing in particular. There are no or only 1 or 2 people getting down or boarding the train at Ghitorni and Sultanpur(Jhangirpuri-Huda City Center Metro Line). And I used to wonder why the train even bothers to stop at these two. It seems that authorities heard the mumblings of my heart. The new Farm House Policy laid down by DDA is going to completely change the scenario. As per this policy,  been  a total of 27 low density villages shall be covered for the construction of one-acre farmhouses. These shall be termed as 'Country Houses', and shall influence the rate of other property for sale in Delhi.

Since the day DDA announced that such a scheme shall be rolled out, there has been an unprecedented number of inquiries from investors and High Net Worth Individuals(HNIs) for acquiring land in these villages. This interest has directly affected the prices of other South Delhi property including flats and apartments: their rates have depreciated by 10-15% in the first quarter of 2013. DDA has also decided to increase the Floor Area Ratio(FAR) in the villages that are scattered along metro lines. The earlier FAR of 15% is proposed to increase to 20%.

In addition to Ghitorni and Sultanpur, a few other villages that have been included in the Farm House Policy are Asola, Devli, Hiranki, Bakoli, Rangpuri, Khanpur, and many more. As against the proposed  one-acre area, the earlier mandatory area for farmhouses was 2.5 acres. To make the best of the situation, several prominent builders have already roped in for acquiring land in these villages. As far as the present farmhouses that have covered high floor areas need to pay penalty in return for the regularization.

In the years to come, these remote villages shall be able to see high-end residential developments. This shall take time, but once that happens, these areas shall populate well. The number of commuters to and from the areas along metro-line shall increase considerably. We shall have to wait which turn the residential property in Delhi takes...

Buy, rent or sell residential as well as commercial India properties at Makaan.com, the leading property portal based in India. Search farmhouses, bungalows, villas, land and plots available in different price rates. Properties in all the major cities across India have been listed over the portal.

Hot Localities to find a Property in Chandigarh

Chandigarh Property at Makaan.com

With contaminated air taking a toll of health, over-congested roads getting on your nerves, and not an inch spared to move about freely, living in metropolitan cities like Delhi/NCR is more of a problem than a luxury. So, people have started looking for other options: Chandigarh, with its fresh air and serene climate, is one of the cities that people are now considering as their investment destinations. Buying a Chandigarh property incan be both lucrative as well as affordable. Let's see why.

The property rates are lower here, much below than that in Delhi, Gurgaon, or Noida. This makes buying a house or villa affordable in terms of prices. Invest on low rates and expect good returns a few years after. In fact, the recent hike in demand has already led to the escalation of prices. If this continues, real estate Chandigarh shall be seen as a lucrative market, both for developers and end-users. With prominent names like DLF and Omaxe gaining good footing here, the buyers can expect houses with the same facilities as that available in a world-class project. Still, the infrastructure is not up to the mark in many localities.

Let's have a look over Zirakpur, the satellite town located in the Shivalik foothils. As far as real estate Chandigarh is concerned, Zirakpur stands out among other cities: decent infrastructure, availability of luxury houses, and low cost of operation make it a city worth trying for, though most part of it is now already occupied. The price rate in the April-June, 2013 stood at an average rate of Rs. 3011/ sq. feet.

Buying an apartment at VIP Road gives you good connectivity with important commercial centers. The property price in the current quarter is Rs. 3028/-, relatively higher than what you find at places like Dera Bassi, Ambala Highway, and Patiala Road.

Panchkula, another satellite city, reflects an entirely different scenario. The rates are quiet high here; buying a flat here could cost you anywhere between 40 lakhs  to one crore, and even more. It is one of those Chandigarh properties that are out of the gamut of a common man. With an average rate of Rs. 5893/ sq. ft., it is not possible to look out for affordability, specially within sector 20. The other thing to note is that the prices here can increase drastically even within a few days.

Makaan.com is a Indian real estate portal that showcases properties from top-class builders and land owners. Here, buyers can look out for flats, plots, bungalows, office spaces, shops, and warehouses that come in different price ranges and types.

Benefits of considering real estate websites while buying or selling properties

Buying or selling a property is a tough decision and so we always seek for the best deal or property. Moreover, who wouldn’t want to save a percent of the sale price? Property websites have simplified the way people buy or sell properties. The real estate websites have become more of a destination or platform for home buyers and sellers to connect to each other and facilitate transaction. Home buyers are highly benefited from realty sites as they can easily find information on properties and developers with the click of mouse.

Speculative home buyers are taking advantage of the popular property sites in India to collect news or information on realty market and trending prices. Many India property sites even allow its customers to post their requirements and get alerts with specific to location, budget and amenities. Through these sites, home buyers can browse luxury apartments in varied residential units built by varied developers that suit their preferences and prices.

Wouldn’t it be great to get a peek of the house or property you intend to buy? Exactly, without being at the spot properties sites let you view the house/flat/apartments/villa meant for sale through pictures uploaded by the owner. Home buyers can view the pictures and get a fair idea of the rooms, lawns, windows, balcony and take decisions.

Anyone can spend a few minutes online and collate information on houses or real estate and compare them whether a specific house is overpriced or under priced. Although real estate agents are capable of providing data on houses within their locality but in the best-case scenario, home buyers can contact the owner of the property directly through real estate websites who have put it on sale and negotiate the price.
 
Compared to local real estate agents, properties sites offer information on a range of plots, apartments, villas, pent houses, PGs available at varied prices. Many a times, agents do not share information with buyers, such as, if an owner is willing to offer a discounted price on its property. So, transparency is one of the factors that make realty sites highly popular. Home buyers can easily find properties online that carry the tag of discounted price.  Moreover, the sites also provide tools to calculate the prices of varied properties.

Demand for India properties is surging in the global realty market and investors are eyeing for potential properties to invest. With the coming up of commercial and premium luxury projects, the value of plots and real estate have surged in the recent years.