Flooding Dampens The Sales Prospects Of Properties In Gurgaon

The recent flooding of the city of Gurgaon has badly impacted the sales prospects of properties in Gurgaon real estate. People who were looking to buy flats in Gurgaon Sector 56 and other properties in Gurgaon have not put their decision on hold as they feel that they city does not have good infrastructure. Investors who were looking to invest here are now doing a property search and focusing on other India property.
Few weeks back the Gurgaon authorities has slashed the property rates in Gurgaon real estate this had made investors look at the city favorably over other India property. Buyers were doing a property search to select flats in Gurgaon Sector 56 or other properties in Gurgaon that would fall in their budget. But all the positive sentiment have been lost now as many  people are calling the city hollow which looks great on the outside but does not have proper infrastructure to support its development.

Many investors have in the past chosen to invest in flats in Gurgaon Sector 56 and other properties in Gurgaon over other India property as the city offered numerous opportunities. Over the years the city was nicknamed the millennium city and it attracted more and more investment, doing a property search here became a serious job as real estate became expensive due to high demand. But it looks now that the tables of fortunes have turned after the flooding as investors are refraining to invest in Gurgaon real estate.  This should send a strong message to the state government that just slashing prices is not enough to attract buyers to the market; proper infrastructure should also be offered.  Only time will tell whether the government has taken a cue from the situation or will the status will remain quo over the years.

New IT Hub Promises To Boost Bangalore Real Estate

Several property India reports are currently highlighting the emergence of a whole new IT hub in Bangalore that promises to boost overall infrastructure and realty progress simultaneously. Bangalore real estate markets have certainly been influenced by the emergence of this new IT hub and the future looks bright for developers operating in this stretch. Demand for real estate Bangalore is anyway restricted to newly growing and developing pockets like these as saturation points are being witnessed in much of the city. To come to the newly developing IT hub, this is the entire stretch of the Outer Ring Road running between KR Puram and Sarjapur Road. This should definitely be the site of all future business and residential progress over the next couple of years according to market experts and property analysts. This stretch has definitely sparked a revival of the demand for real estate in Bangalore owing to its new billing as Bangalore’s Silicon Valley with multiple multinational companies, IT giants and startups taking office spaces here. The area is also witnessing rapid development of shopping malls, residential complexes, commercial spaces and other entertainment and recreational zones. Public infrastructure is also steadily being developed in this entire stretch and this is expected to boost realty growth here. Connectivity in this area is also being enhanced greatly and several leading companies are pinpointing this destination as the next big hub for growth and progress.

Studies on India real estate have demonstrated  how Bangalore is in the throes of massive development in emerging commercial zones and this new IT  hub is steadily being transformed into one of the most prime and coveted residential destinations for most professionals in this sector. Ideas are also being solicited from residents and the public by the municipal authorities and traffic police with regard to instilling greater efficiency, convenience and resident welfare initiatives. There are several landmark properties that are being built in this stretch including many tech parks. Many leading developers are now taking up premium projects in the area which are located in close proximity to several corporate and IT zones. These projects are also garnering healthy attention and demand from aspiring property buyers.

Property Prices In South Mumbai Are Expected To Go Down In Future

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In what may come as a welcome piece of news for those aspiring to buy flats in Mumbai, property prices in the tony South Mumbai belt may go down in the near future as per real estate India reports. South Mumbai has always been known for its unbelievably high prices and limited supply in turn. Property buyers have always kept away from South Mumbai owing to unreasonable charges and land values. Appreciation has been immense in South Mumbai over a period of 10-15 years and it is almost unaffordable to purchase property in several of these premium localities. Several South Mumbai localities may witness a drop in prices with the establishment of the Mumbai Trans Harbor Link as per realty experts. Real estate in Mumbai South has always witnessed some of the highest prices in the country but that may no longer be the case. The drop in prices will have a lot to do with piled up inventory and negligible demand. Developers will be desperate to clear inventory while there will be a lot of discounted activity in the resale market. Developers have already started offering discounts and freebies and this will extend to a drop in prices in the near future. As per upcoming real estate in Mumbai trends, the establishment of the Mumbai Trans Harbor Link or MTHL or the Nhava Sheva-Sewri Trans Harbor Link will also have a big role to play in lowering prices in South Mumbai. This link is a 22 kilometer long bridge that links Navi Mumbai and Mumbai and will definitely be regarded as the longest ever sea bridge in the country post completion.

Realty prices are always checked and corrected through infrastructure according to India property experts. There is no definite information yet on the amount or percentage of correction to be witnessed in South Mumbai markets like Juhu or Bandra. Limited land supply leads to growing capital values and prices in posh areas and the advent of infrastructural projects leads to the opening up of more land for development and this has an effect on controlling prices in these prime locations. At a time when housing growth has slowed down considerably, softening or property prices in South Mumbai is welcome news for aspiring property buyers.

Where to Invest in Delhi NCR?

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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.

Property in Delhi: Prices All Set to Correct in the Coming Months

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While every now and then, our talks about property in Delhi are highly focused on an exclusive topic: the prices in the city. Here too, I am going to have a few words about the ongoing rates in the capital. But this time, I am not going to rant about the skyrocketing rates, the reason being that these are going to see a steep fall in the coming months. As per the Jones Lang LaSalle report, the prices of the Delhi's residential properties are all geared to see a downfall. The main factor behind this is that the number of inventories lying vacant has reached a high value.

It can be seen like this: the prices kept on escalating year after year. The developers made it sure that the rates rose steeply, and that they did not correct. They, by creating an artificial demand market, let the prices soar like anything. The results were not good. The demand for a property in Delhi started tumbling. Even the elite segment found the properties out of their budget. As the demand started falling, the number of unsold inventories kept on building, month after month. And as the situation worsened, the developers were left with piles of unsold inventories. This, in turn, resulted in step-downing of the capital rates

In general, the average period for the unsold properties is around 15 months, but in case of Delhi, it has reached over 23 months. Such a scenario suggests that the prices are going to see a fall. An estimated depreciation of 12% is expected in the city. This would be good for the end-users who were holding themselves back from making any investment on real estate. The market is already seeing a correction in some localities of South Delhi. The prices in the localities like Vasant Kunj and Defenece Colony had crossed all the possible limits.

The developers had enough of their manipulations of property in Delhi; now the market trends are expected to incline towards end-users. And with market going in favor of buyers' sentiments, the demand shall rise again.

Makaan.com, a property websites with intelligent search facility, allows the end-users buy, sell, or rent property in Delhi, and other major Indian cities. Buyers can locate properties in their preferred localities and within the price-brackets that suit them the best.

Should You Buy an India Property Now or Wait?

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Are you looking for a property in India? Or you have postponed your decision until the economy recoups itself? As I have been reading a lot about the current crisis that the real estate is facing, I would say, in either case, you can have a leverage in terms of prices. How? Let's see.

India property is under the umbra of ever-expanding bubbles. The prices, in most cities, have gone through the roof. In-spite of that, the developers are in no mood to retract and let the prices correct. An average buyer, who is already bearing the burnt of recession, cannot think of making a purchase of his dream house. The results are before us: the demand for properties has reached an all-time low. This is giving the developers sleepless nights. They are now resorting to means like discounts and freebies to the customers. You, as a buyer, can take advantage of the situation. You can negotiate better, as the time is ripe now. There are good chances that the builders would pare down a bit more than they would do under normal situation.

On the other hand, you can wait for the prices to correct. As the demand has dwindled, the developers of India property will have no other choice than to lessen the rates. And such a thing is highly expected. The bubbles shall burst and the prices will trace back to their original values. Under that scenario, the buyers would find a respite, who have till now, seen the prices only going up and up.

Once the India property overcomes the recession, and most expectedly it will be, the rates of commodities shall see a depreciation. And the buyers then, shall be able to think of investing into the real estate. As the property rates shall too dwindle, it will be a win-win situation for them. All these are only predictions, but they are expected to come true. Keep your fingers crossed...

Makaan.com, the leading real estate portal allows India property to buy, sell, or rent. The users can make an intelligent search, on the basis of criteria like locality, price, and type of property. Both the list and map-based searches are available to the users.

Indian Real Estate Saga: Soaring Prices, Dwindling Demand

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Indian real estate is burgeoning nicely, from year to year, and from decade to decade. Though the extortionate prices and scams have diluted its stronghold to some extent, It is still going great guns. The demand may have seen a depreciation in  cities like Delhi/NCR, yet the call for properties is very much there in the scene. And why that shouldn't be? With the population boom, the demand for both residential and commercial spaces is bound to prevail. The upper-middle and the elite class have a predisposition towards luxury houses and plush villas. Thanks to the  cornucopia of wealth that they possess that the demand for extravagant housing never ceases to exist.

As far as the middle-class is concerned, the real estate scenario says a different story. The considerable appreciation of rates has staved them off from buying even 1 or 2 BHK flats. Go and hunt a 2 BHK in the localities of Delhi like Kalkalji, Rohini, Vasant Kunj, Malviya Nagar, Chankya Puri, Golf Links, Sirifort Road and you will rarely get one with price below 50 lakhs. In certain localities, you will find a 2 BHK flat costing you as high as one crore! Of course, this middle-class is unable to invest their savings on such a high-valued property, so they end up cheaper localities, much below their expectations and preferences.

Same is the case with the rest of the country. Hebbal in Bangalore has seen an appreciation of 58%,  highest among all the Indian cities. In Hinjewadi too, the prices have escalated by 50% in the first quarter of 2013. Dwarka Expressway in Gurgaon, Kalyan in Mumbai, Gachibowli in Bangalore say the same story. The developers have successfully created an artificial demand for soaring the prices, thereby denying the access of ordinary buyers to the fruits of property in India.

So, what our covetous developers are doing now? In order to save the dwindling demand, they have now resorted to providing exclusive offers and tying up with international brands. But that too would work well for the upper strata and not the middle-class buyers. There is dire need to break this property bubble and let the prices correct. Once the bubble bursts, real estate India shall touch new heights.

Search 1, 2, 3 BHK rooms, flats, apartments, villas, condominiums, office spaces, warehouses over Makaan.com, India's premiere real estate websites. The properties listed from leading builders, land owners, and agents are available for buying, selling, and hiring on rent.    

Hot Localities to find a Property in Chandigarh

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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.

Flats in Ghaziabad Benefited by Excellent Connectivity

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A few years ago, buying a properties in Ghaziabad could raise eyebrows from your friends and acquaintances. But, if you are doing it now, you keep a wise head over your shoulders. The city is not longer an unheeded and overlooked place, lying tucked away in a corner of U.P. I mean, just look at the stupendous rate at which it is growing: sky-high structures, multi-screen theaters, swanky malls, opulent houses, and modish hotels have dotted the city-line. And connectivity? It is becoming only better with every passing year.

There are many developments there are going in favor of the prospective buyers of Ghaziabad flats. The Link Road that is being constructed between the city and Greater Noida has attenuated the traffic and congestion problems over NH-24 and the commuters need not think twice before looking for a job opportunity or buying a house in the either city. With better bracketing, the probability of people settling in the city has increased considerably.

Crossing Republik, the much publicized project aimed at bringing the ultra-modern conveniences to property buyers, is a venture of seven leading developers across the country. With the kind of expertise and experience that these world-class property builders can bring into housing development, the results can be amazing  With the plentiful of housing projects at hand, the dreams of many who are seeking flats in Ghaziabad shall see the light of the day. Then there is FNG corridor project. It was initially planned to provide connectivity among Faridabad, Noida, and Ghaziabad, but was jettisoned later. In 2012, it was revived and more than 60% of it is now complete. Though it shall not be connecting Faridabad anymore, the other two are going to reap the benefits in terms of real estate.

The excellent connectivity has attracted lucrative real estate projects and so many Ghaziabad properties are now booming along highways and corridors. Developers such as Ansal Plaza, Supertech, Amrapali, SARE Group, and others have already set up momentous projects, aimed at providing plush flats in Ghazibad city.

Search and locate properties for buying and renting over India's leading property portal, Makaan.com. Here, buyers can choose property in terms of locality, dimensions, price, and amenities offered.       

Investors eyeing to invest in Bangalore property

Bangalore is a lovely city with pleasant weather and geographical location. The excellent connectivity and job opportunities make the city a highly preferred destination to live in. With people searching for properties to settle down in the city the demand for Bangalore property has increased both in the domestic and global realty market.

Although the city has witnessed a demand of property, buying a property in Bangalore has become costlier. The city’s residential real estate market has grown over the years and recently more than 35,000 residential units were launched to meet the housing demand.

Bangalore property is considered to be lucrative and so it attracts investors both within the city and overseas. With the launch of residential units the absorption rate has also increased. Among the various locations of the city, South Bangalore has witnessed the highest number of new launches. The areas attached to the outer ring road are some of the prime residential locations that working class highly prefer because of the excellent connectivity to the offices.

The North Bangalore is preferred for both office and residential space. In this region, construction of various housing is in the pipeline. As more major developers are entering the real estate market to meet the housing demand it is expected that the prices will be slashed which in turn will benefit home buyers.

With the coming of new infrastructure projects, the value of Bangalore properties has escalated. Moreover, the government is also framing policies and infusing crores of rupees to boost the infrastructure of the city and improve the standard of living. However, it is a known fact that with the new infrastructure projects with shoot up the value of the Bangalore property.

According to reports, the city is best for expatriates to live in. Expats always prefer for rental flats Bangalore  so that they can easily shift in the future without hassle. Moreover, with the coming of new multinational companies setting their corporate offices in the city the demand for rental flats in Bangalore has increased.

Buyers have become cautious and instead of relying on real estate agents, they are searching for flats in Bangalore with the help of realty websites. The realty portals let them browse for properties, developers and compare prices according to the budget.

Bangalore property has emerged as a favorite investment destination for investors. With premium villas and luxury flats are coming the value of the properties are expected to increase manifold.

Property in Noida: Becoming a Hub for Under the Table Activities

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The hot news, just out from press, says that sand-mafia is operating on a wide scale in Noida and Greater Noida. Property in Noida has remained a lucrative business for constructors and land dealers. To comply with the high housing demand, they have developed a nexus with police and politicians, thus carrying out all sorts of illegal activities, and that too fearlessly. In order to carry on with their felonious trades, the people involved in unlawful practices have no qualms about killing anyone who tries to expose their deeds. July 31, 2013 saw an activist gunned down by mafia; he was protesting against their illegal mining activities. The situation is really an eye-opener.

Noida properties has been in the front-page news for some wrong reasons or the other.  A few weeks before, we heard about booming of illegal colonies in Greater Noida. The buyers of Noida property are misguided about the registry and many of them get to know of the real facts after they become the occupants. The worst effected is the area around GT Road: about 60% of its land has been taken over by unauthorized colonies. Recently, to go one-on-one with these, the authorities have demolished many of them. But the situation is alarming. With illegal properties in Noida built on an accelerated rate, it has become very difficult to annihilate them all.

The corruptive people involved in such activities are able to dupe the common buyers by hiding the crucial facts and beguiling them in every possible way. The colonizers are able to produce fake documents by collaborating with police and are able to dupe people into buying illegal inventories. Even if they get caught under legal rules, they walk away freely, thanks to the tutelage provided by politicians and law protectors.

Before you make up your mind in buying any property in Noida, scrutinizing on a deeper level can be help you take the right decision. Inquire about it from the sources available. Keeping yourself well-informed can prevent you from signing any dubious deals.

Makaan.com is India's leading real estate websites. Catering to the needs of both commercial as well as residential needs of the buyers, the portal presents lakhs of properties online. A buyer can search the site for locating the space that he is interested in purchasing and can contact with developers, landlords, and promoters to initiate the buying process.

Buying Properties: Look Before you Make a Leap

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You cant' just do it: Choose a property and pay right away!! There are certain legalities that you must pay heed to or you could end up being caught into hoodwinking or paying more that you get in return. In the absence of any concrete regularization of properties and flaws in the law- implementation procedures, buyers often have to face counterfeiting or not receiving what they paid for. The higher authorities too refrain from taking any action against such dealers and the developers. There are certain things you need to check and sort out before you pay even a single penny of your hard earned money.

Check the authenticity of the dealer: Buying a house/plot/land requires generation of identification-documents on your part. The same is expected from the real estate dealers/developers/agents also; before you enter into an agreement with them, ask them to furnish all their identity proofs like PAN/ Aadhar Card/Voter ID etc. These documents must also be signed by them in ink. In fact, have their signatures for all the papers involved in transactions.

Scrutinize all the documents related to house/plot/land: The developers and dealers need to furnish all the documents related to the properties they intend to sell. Being a buyer, ask them to show you papers like water and electricity bills. There have been cases in Delhi/NCR where a developers did not even apply for water connections after submitting the completion of projects. The residents, after the occupation , got to know about this and were to forced get to use ground water for drinking/cooking. To avoid such fraudulence, scrutinize all the papers before taking the deal any further.  Ask them to show completion certificates and the final layout papers. Many times, the developers tend to add more houses to the final layout to reap profits, thus compromising amenities available to a buyer. The most important is the agreement document which should be prepared by a well-read lawyer. Also check if the documents are all authentic and have been issued by the valid authorities.

Inquire from Local Residents: No one can tell you better about a property than the residents that are the current occupants there. Through them, you can get to know about the disputes, if any, linked to the properties there. The real estate in India is prone to laxities and loopholes. So, it is better to do the thorough investigation of the things beforehand.

Take loans from Banks: Purchasing a house by taking loan from a bank is an advisable thing to do. Banks make an inquiry on their part for the authenticity of the properties; this way you are already saved from a number of frauds.

At Makaan.com, India's fastest growing property website, search rooms/houses/plots available for buying and renting from renowned developers and dealers.

Pune Property: High on Demand

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Pune, one of the prominent Industrial hubs of Maharashtra, stands at sixth rank in terms of per capita income. This metropolitan city houses major software companies and is highly preferred by IT professionals from all over India who flock here every year, attracted by the high potential stored in for them. The availability of  quality infrastructure has rendered this city a popular investment place for real estate agents, developers, land owners, and buyers. The property investment is going great here and in the years to come, it is likely to see a consistent growth.

The analysis of Pune property, as performed over a time span of last 12 months indicates that the price per square feet of the land has gone up by about 11.5%. From a figure of Rs. 5000 psf in last July, the price has increased to Rs. 5773 psf. Though not a considerable change over a year, the values indicate that the prices are indeed quiet high. But that does not stop buyers to plunge in. This is true for all those buyers who are willing to pay hefty amounts to buy their dream houses in the city.

Property Pune, if seen in terms of demand for luxury houses and villas, scores quiet high in the localities like Hinjewadi, Wakad, Baner, and many others. The price index in Hinjewadi, as seen from January, 2013 to July, 2013, shows marked variations. While the psf value stood at Rs. 789 per square feet in the beginning of this year and remained constant throughout the month of January, a sharp rise to Rs. 4218 psf from February was noted. The value remained constant till June, 2013 after which there was a further rise to 5360. Hence, for a period of 6 months, the % rise in price index was a whopping 586%!!

The property rates in the other popular loacality, Baner, saw a change of about 20% over 12 months. On the similar lines, in Wakad too, a raise of about 19% was noted during this period. This clearly indicates that Pune residential property is high in terms of demand by upper-middle and elite class in these areas. This phenomena is seen as windfall by the developers who see it as an opportunity to procure profits.

The buyers keen to try their hand at Pune property should note that they are not going to see any wide difference in terms of investment if they seem skeptical whether to buy a residential property or hire it on rent. This is because, in either case, they are going to spend more or less the same, If, however, they want a permanent residence, buying would be a better option.

To invest in the properties available for buying or renting, visit India's fastest growing property websites, Makaan.com

Indian Real Estate is Emerging and Attracting Investors

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India’s reputation today is no more limited as a retail and manufacturing hub but has also emerged to be a major player in the real estate market. The increasing urbanisation, rising incomes of the people and favourable demographics are some of the factors that has made it a hot investment destination. Infrastructural development is also one of the prime factors that influence the price rise of properties.

According to reports, although the Indian real estate industry has been volatile since the year 2008 because of the     global financial meltdown but over the years it reached new heights characterised by growth in demand with the infrastructure activities.

With the improvement of global economy, the prospects of Indian real estate market also showed positive signs. The residential segment witnessed a rise in the sales as it was fundamentally driven by rising incomes of individuals, infrastructure and urbanisation. Residential properties especially that are well connected to IT offices, malls and Special Economic Zones are in high demand as they cut down the time and energy wasted while commuting to work stations. Cities such as Gurgaon, Delhi, Noida, Hyderabad and Bangalore are some of the best examples of residential development.

The growth and expansion of this segment continued with the demand for luxury and lavish living lifestyle along with social infrastructure.

But the demand for small and good quality houses surpassed the demand for luxury housing units because of the affordability. Urban working class sees such residential units as a major investment option that would give good returns in long term.

To woo home buyers, developers are coming up with 1/2 BHK housing units with various attractive offers and schemes such as easy finance scheme, no processing fee and house insurance.

But home buyers realize that buying a property for investment purpose is a crucial decision and so instead of approaching real estate agents are turning to real estate websites. Taking the help of the property portals home buyers collate information pertaining to plots, apartments, villas, pent house and studios available for rent/lease/sale. They are trying to get the correct insights in regards of the rate of interest, price rise, right time to purchase and other significant decisions that would play a role in making the valuable purchase decisions. A good property website acts as an assistant by providing relevant information.

Because of the rising value and good returns from the properties, investors from overseas are trying to enter the real estate market of India.

Makaan.com Introduces - Advanced Search

Shopping for a property can be time consuming, no matter where it takes place. Recently, Indian property portal Makaan.com conducted a research, which addressed this issue. According to Makaan’s study, first time home buyers in India spend between three to eight months in the search process (search time varies from one city to another).

It appears that buyers initially conduct a somewhat generic, or broad search, so to get an idea of the market, but as time progresses their criteria becomes more specific and focused. Recognising the need for a more specific search option, the property portal has just rolled out the ‘Advanced Search’ feature on its website.

The advance search offers over 10 parameters (as against four in the basic search) including property type, budget, city, location, age of construction, amenities, listed by, new or resale property and real estate etc. These options are tailor made to make the property search faster and sharper for buyers with specific buying criteria.

Commenting on the development, Aditya Verma, CEO, Makaan.com said, “The advance search feature was conceptualised post our recent research to cater to the requirements of buyers who have been in the market for some time and have firmed-up their requirements. It will be beneficial for the second or third time home buyers as well.”  

Noida real estate: Sector 121 and 121 an ideal destination for living

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If you have decided to buy a property in Noida and unable to make a decision related to location then it is worth considering real estate in sector 127 and sector 121. With the expansion of the city and new infrastructure it is projected that Noida property will shoot up in the coming years. Moreover, these sectors already got a social infrastructure.

Noida is a beautiful city with lush green parks and world-class residential unit, and excellently connected to Greater Noida, Ghaziabad and Delhi.

Now, property Noida is considered to be the most lucrative compared to other NCR regions. It is well connectivity with Delhi and commercialisation has made it a highly preferred investment destination. The Metro rail link is connected to the Noida City Centre making it convenient for public to reach prominent destinations of Delhi. Moreover, the road connectivity to sector 121 and sector 127 is the single advantage and expansion of Metro rail is in the pipeline.

Besides the industrial locations, there are primary and secondary schools in and around these localities. So, many experts believe that the sort of infrastructure these sectors offer it has become a highly preferred destination for end-user.

With the rising prices of real estate in Noida, finding an affordable rental accommodation in the city in sectors such as 18, 19, 60 and 62 seems to be hard. But the sectors 119 and 120 are ideal to find rental accommodation as the rental values is low. Flats in Noida of 2 & 3BHK are available for no less than Rs 12,000-18,000 per month.

According to Noida realty market experts, one prime reason why owners offer flats Noida at low rental in sector 121 and 127is the over-supply.

Major realty majors are coming up with housing units in these sectors as earlier only a few offered ready-to-move-in units in these sectors.

The city has also witnessed an increase in the number of multinational companies opening their corporate offices. Because of the coming up of offices it has resulted in migration of skilled and unskilled workers. Moreover, the state government to make living more comfortable are planning wide roads, shopping centres and hospitals which as a result have increased the value of the property in Noida manifold.

Noida real estate excels in many features compared to Delhi and those are roads, metro, industries, planned townships and education.

Smart home buyers are taking help of realty websites to find flats in Noida at discounted rates and developers who are offering schemes for easy finance.

Choosing the lucrative property site in India

The demand of Indian properties in the global market has increased manifold. In the past decade, prices of luxury properties in major cities have surged because of the coming up of varied infra projects, modernisation of cities and commercial projects. Because of such reasons, properties in India are seen as a good long-term investment option that could yield much higher returns. So, buying a property in India has certain benefits which many smart investors are noticing.

In the realty market, the old adage ‘buy low sell high’ seems never to be out of fashion. There are varied potential property sites in India with promising returns that can give investors a good dividend. But the challenge is to find one at reasonable price. Smart investors are shifting their search online instead of relying much on real estate agents because the web offers a range of options including facilitation of transaction between home buyers and sellers.

More and more people are visiting real estate websites as it allows home buyers to find easily their desired India property within their budget.
The realty market of India is experiencing a period of greater stability that is well reflected in its prices. The market is experiencing positive changes with the development of housing and office segments. Moreover, the economic reforms that favours home buyers the realty market of India is in a new phase that is characterised by cautious demand.

The demand of property India has surged over the years but at the same time purchase capability of people has also increased because of the growing economic status. Additionally, easy finance or house loans have kept the realty market afloat even during the period of gloomy economy.
  
Real estate seems to be the hottest investment instrument. Although realty market of India is emerging but a lot of factors influence the realty market. And India having its own uniqueness, its realty market plays a crucial role in formation of growth and business. In the housing segment, the demand and supply seems to be well balanced. The demand for luxury housing units often outpaces the supply in cities like Delhi National Capital Region, Gurgaon, Mumbai and Bangalore. And these are certain property sites in India that investors do not hesitate to invest.

While the majority of population prefer to live in cities, real estate in metros has become a highly preferred investment option compared to gold and other traditional investment instruments. To know more view at Makaan.com

Real estate India a lucrative investment destination

Real estate is considered to be a lucrative investment option. The property investment market in India has recorded a growth signalling to be a good future. According to Cushman & Wakefield report International Investment Atlas, Indian real estate was among the top 20 real estate investment markets during 2012.

Many realty market experts view that buying a property in India is similar to buying gold and putting it in bank. Not only investors but even urban working class highly prefer to invest in real estate as they believe the investment would definitely give good returns. 

Compared to buying shares & stocks, many consider real estate to be a safer investment option. Moreover, buying a plot or house signifies financial security for a family. Many view it to be a wise and long-term investment with practical utility. But the fact property as a lucrative investment needs time to give good returns.

With the rising market of Real estate in India, investors are eyeing to invest in residential units and commercial development sites, leases and more. Smart investors and home buyers are browsing the realty sites trying to spot good deals across the country or in all major cities. The realty sites are indeed helpful in finding potential property with specific to location, budget, locality, space and other amenities. Home buyers or sellers even post their requirements on realty sites such as Makaan.com to find properties that perfectly match their requirements.

In India, it is seen the urban working class are more inclined towards making investment in emerging Tier-II and Tier-III cities such as Chandigarh, Pune, Bhiwadi and more. 

Reports say that huge investors or professional investors choose properties from Tier-I such as Bangalore, Hyderabad, Mumbai, Chennai, Delhi, Noida and more. However, a survey reports Mumbai realty market continues to be most unaffordable because of the city’s under construction units are priced at over the whopping amount of Rs 1 crore.

Indian real estate is attracting not only domestic investors but also NRIs who are looking for a safe investment option to invest their money or thinking of settling down a few years later. 

Though the prices of real estate in India are incessantly increasing because of the premium projects and new infra projects the absorption rate has hardly been affected. More and more developers are coming up with luxury residential projects which will only create a positive impact on the realty market of India.

Find hot properties in Delhi NCR at attractive prices

Undoubtedly buying properties in Delhi NCR have become costlier. With the increase in circle prices, development projects and improving connectivity with the major cities of Northern India the prices of properties in Delhi NCR have skyrocketed. It seems buying property in Delhi NCR is merely a dream. But, interestingly, you can still spot hot properties in Delhi NCR at attractive prices with the help of real estate websites.

While buying Delhi properties, considering real estate websites should be the first preference to find details of all properties available to buy or rent in Delhi and NCR. These sites upload data of various properties in Delhi, Noida, Gurgaon, Greater Noida and Ghaziabad for free and make accessible 24/7 for anyone who wants to collect complete information within minutes about properties. So, the websites have become more of a destination to buy or sell property or contact real estate developers.

 Delhi not only attracts tourists with its historical and magnificent monuments but also for being the largest commercial centre in Northern India. With the growing industries in Noida and Gurgaon, real estate has become a significant economy of Delhi. And without proper knowledge, search for an ideal house or flat can be an exhausting process as it involves visiting sites, arranging finance and enquiries about developers and real estate agents. But by opting for the services of real estate websites you can collect all the necessary information related to buying or selling of Delhi NCR real estate. The attempt of a professional property website is to provide its customers detailed information and the maximum choice under one roof so that they can buy or sell property without confronting any kinds of hassle.

 Real estate websites are a good way to find hot properties that are also good investments. A real estate website provides the provision to browse properties in Delhi NCR that are under-construction and ready-possession homes, and to shortlist according to ones budget. Moreover, there are real estate sites where you can post your property requirements with specific to location, budget, builders, and they will provide the requested information to your inbox promptly. 

 For many, Delhi NCR real estate websites have come as a blessing as they can collect details on a range of information on villas, far houses, house, plot, apartments and compare realty prices from all developers. Moreover, there are websites who even help their customers in availing finance from premier banks to buy classified properties in a hassle-free manner.