Nashik Property Affected By Lending Rates

The increase in RR rates was expected the hit the real estate Nashik hard. Builders of Nashik property feared that just like property in India there would be no takers for real estate Nashik. Most of the builders of property in Pathardi Phata and property in Indira Nagar and across the city were expecting that this Gudi Padwa would not yield any good results but they were wrong! Contaraty to their expectation people can out to invest in property in Pathardi Phata and property in Indira Nagar and property across the city. Real estate Nashik saw a sale of 150 flats worth 50 crore.

Several people are looking to invest in property in India and Nashik property but high property rates have made the real estate sector unaffordable. But recently there has been a glimmer of hope as the RBI has reduced the lending rates. This has made the home buying much easier and affordable for the common man. The recent unexpected sale spurt during Gudi Padwa has also been attributed to the lowering of lending rates. Although the builders of Nashik property had also offered lucrative deals but the sales spurt has been mostly been attributed to lowering of lending rates by the RBI.

Real estate Nashik and teir-2 cities are highly affected by lending rates. Most of the stakeholders of real estate Nashik are expecting that the city will see good day in the near future. Builders of Nashik property like property in Pathardi Phata and property in Indira Nagar are also hoping to clear their unsold inventory. Currently there are around 5000 ready to move flats which are lying unsold in real estate Nashik. Real estate experts hope that the upcoming festive season, which starts in ctober,  brings some cheers for both Nashik property as well as property in India.

High Demand For Flat For Sale In Pune

Many people are looking to buy flat for sale in Pune as the city has offered great returns in the past. The city is undergoing huge infra development which is prompting people to invest here. Ever since IT and ITES companies have come up and set up offices here, many people have invested in Pune properties like Wagholi property, Wakad flats for sale, etc. Even when people were hesitating to buy a property in India the Pune real estate was witnessing decent real estate movement.

The city has been a boon for end-users, investors as well as builders. All three have reaped good benefits out of Pune properties. The city was once considered as a sleepy town but now the city is a vibrant place where youngsters look to buy their first property in India. The flat for sale in Pune especially those located near commercial centers like Wagholi property, Wakad flats for sale, etc. are in high demand. The city has given double digit appreciation in the last five years. There are several reasons for this many people have attributed the proposed new international airport for the price hike others say the inclusion of the city in the smart city list has attracted investors attention. Real estate experts however feel that the rise of employment opportunities is the reason why people are migrating to the city which is causing the rise in demand of Pune properties like Wagholi property, Wakad flats for sale, etc.

If you too are looking to invest in property in India or flat for sale in Pune then you can visit Makaan.com where you can get comprehensive information on property in India or flat for sale in Pune. You can also check price trends of Pune properties like Wagholi property, Wakad flats for sale, etc.

Residential Property In Vijayawada Doing Well

Vijayawada is the business hub of Andhra Pradesh many people look to invest here as the city is brimming with infrastructural activity.  Residential property in Vijayawada like property in Pedaogirala has seen a keen interest from the investors. Many new companies have opened up their new offices here as a result the demand for residential property in Vijayawada like property in Pedaogirala has gone up.

Property in India has always managed to attract investors and give good appreciation. People who have chosen to stay invested in property in India have always managed to get good ROI. However, the situation has changed in the last 2-3 years where due to political instability the investors were shying away to invest in the market. Vijayawada property like flats in Pedaogirala too witnessed have same trend. The demand of Vijayawada property like flats in Pedaogirala is witnessing a stagnant phase.

But the things are set to improve and in the coming few years the real estate scenario is set to change completely. The prices of Vijayawada property like flats in Pedaogirala is also set to witness a major hike.  As new job opportunities will be created there will be more demand for residential property in Vijayawada like property in Pedaogirala.

The Andhra Pradesh government will also start the work on the proposed Metro rail soon which will further increase the demand of property for Vijayawada. Several other projects are also coming up which will further increase the investors as well as end-users interest. Many real estate builders are also looking to launch new projects in an attempt to gauge the opportunity. Several new projects near the proposed metro rail have been launched by real estate developers. In short the future of Vijayawada real estate is quiet bright and investing here will reap good benefits.

Kolathur Is a Rapidly Growing Residential Realty Destination In Chennai

Real estate in Chennai has witnessed steady growth in specific areas and pockets of the city. Demand for property in Chennai has gone up in Kolathur, one of the city’s fast developing areas. The market for real estates in Chennai has been boosted by Kolathur's popularity. Kolathur is winning in comparison to other markets on account of its strategic location. Kolathur has witnessed rapid development in recent years and is one of the fastest growing localities in North Chennai. Demand for Indian properties has been a little low in several metropolitan cities of the country though Kolathur is one among a few localities that have bucked this trend. The area has witnessed the construction of flyovers for easing traffic congestion along with several infrastructural developments. The metro railway network is also set to be extended to this locality and this will spark heightened progress. Several apartments are available in the locality that are priced between the Rs. 50-70 lakh. The locality also offers easy access to several places like Puzhal, Perambur, Periyar Nagar, Jawahar Nagar, Vinayagapuram, Vajjiravel Nagar, Villivakam and Grand Trunk Road. The latter connects the locality to the Hyderabad-Chennai Highway. Additionally, the Inner Ring Road also runs through the locality while Anna Nagar lies approximately 10 kilometres away from the area. The Chennai Central railway station lies around 15 kilometres away from the locality. The Kumaran Nagar bus depot is also located near the project. Business districts like T Nagar are also accessible from the project while the Loco Works and Villivakam railway stations are also accessible from it.

Prices in Kolathur are quite at par with the trends prevalent for properties in India. Prices of properties in the area range between Rs. 4, 000 and 5, 000 per sq ft. The area is also well connected to several colleges, schools and hospitals. Prices are a little lower as compared to Anna Nagar. Kolathur properties are usually priced between Rs. 25 and 75 lakhs on an average while sizes range between 410 to 1196 sq ft. There are limited options in the area in the price range of Rs. 1 crore. There are several departmental stores and theatres present in the area as well in addition to a leading IT Park.

Skyrocketing Property Prices Keep Buyers Away in Pune

Pune property at Makaan.com

Pune is a city of dreams that brings many people to its shores. But over the years due to rise in demand of real estate in Pune the property prices in Pune have reached a new high. Buying property in real estate in Pune, these days, has remained the sole privilege for the very affluent class, especially in the posh areas of the Maharastra city. Theproperty prices in Pune has swelled too much that it can burst any time now. Pune was a city that was supposed to offer the affordable housing to middle and lower-middle segments, who could afford to buy India property Pune, are ranking high in terms of price rates. What could be the reason behind such a catastrophic rise in rates?

The inflation that hit the Indian market recently resulted in an appreciable increase in the cost of construction materials like sand, cement, steel etc. To compensate for their invested money on these, developers started raising the rates. But they were not fair in doing so: they let the prices get appreciated alot, so much so, that the property rates in Pune gained a considerable raise in terms of prices. The greed of developers and builders, along with their nexus with political authority gave them ample freedom to appreciate the prices too much.

Seeing the hefty property rates in Pune, the demand for property in India Pune came to an all-time low. Even the middle and upper-middle income groups started wavering from their decision to buy. In spite of the fact that the demand dwindled, the developers did not lessened the rates. Instead, to bring back the customers, they came up with offers like freebies and small discounts. But this strategy of theirs has not brought any fruitful result. As long as the prices do not get corrected, it would be difficult to see the demand get any increase.

Accretion of Prices for Flats in Pune

The erstwhile affordable city Pune seems to shed its tag, as is clear from the accretion of properties here. The city, better known for large IT firms and corporate culture, has started aping the other metropolitans in terms of price. To buy a 2 BHK flats in Pune now, you need to put in more money. Though the localities out there offer a number of flexible options in terms of affordability, the city is seeing a good appreciation of prices. Seeing the current inflation that has wrecked Indian economy, the demand for residential and commercial properties has dwindled. Still then, the prices in areas like Koregaon Park and Kharadi are touching crores.

For budget buyers, however, there are a few options. Localities like Wagholi, Hinjawadi, Talegaon are good for those buyers of flats in Pune who don't have substantial income to invest in high-segment properties. Take the case of Wagholi: the average per square feet rate here is Rs. 4349/-. You can buy a 2 BHK in the range falling between 30-40 lacs. At Talegaon, the rates are much lower. Flats with 2 rooms can be purchased in the range18 and 25 lacs. Hinjawadi, that caters to needs of buyers from different price brackets, has budget houses as low as 15 lacs, though the properties with higher prices too are available. The other budget options are Undri, Hinjawadi, and Wakad.

Talking about the needs of upper-middle and affluent class, Pune has a lot to offer to them too. A 2 BHK flat in Pune in the areas like Koregaon Park, Viman Nagar, Kothrud, Kharadi, and Mundhwa can cost you a crore or more. At Hinjewadi, Balwadi, Dhanori, Baner, and Vishrantwadi, the apartments fall in the price bracket 35-65 lacs. Pune's real estate is faring well this year, thanks to the never-ceasing demand.  The city sees a huge influx of population from other cities year after year, thus paving way for huge demand.

At Makaan.com, you can buy, rent, or sell flats in Pune, and other Indian cities. This real estate website offers plethora of options for properties, in terms of price, location, and type.

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.

Pune Property: High on Demand

Real Estate at Makaan.com

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

Properties in Navi Mumbai are the new hot investment destination

Realising the fact that property in Navi Mumbai is no less than a gold mine, property developers are making bee line to build residential and commercial segments in this city. Moreover, with the proposals to develop the city from its administration, now all eyes are glued on the properties in Navi Mumbai.

Another reason of the rising demand of properties in Navi Mumbai is the unaffordable prices of houses in Mumbai and its suburbs. For such reasons, property in India developers are coming up with affordable projects in the city with easy finance for the urban working class.

According to a report, the residential market in Navi Mumbai witnessed a growth in the year 2012, due to the high interest rates and whopping prices of residential units in Mumbai. Home buyers are also shifting their investment option from Mumbai to Navi Mumbai because the flats are being offered by developers at modest rates. Despite the growth of the residential segment the prices have not become unaffordable because of the easy availability of manpower resources. 

Developers of Navi Mumbai property are coming up with attractive offers and schemes to woo home buyers and increase their sales. 

Not only residential segment is enjoying the boom of Navi Mumbai property but IT companies and businesses are setting up their base for operations proving the city as the next commercial hub. Small shops and offices that were once seen as small investments are now gaining high demand.

Navi Mumbai property not only attracts domestic investors but also NRIs are looking forward to invest in real estate. With the downfall of rupee and dollar appreciating in value they are eyeing for every possible opportunity to invest in property in Navi Mumbai. With such determination they are taking help of realty portals to find potential property in the city that can give good returns in the future. As a result, the demand for flats in Mumbai is rising.  For example, Makaan.com, a leading and highly preferred realty portal site, is the favourite of home buyers as it allows them to identify the right market and invest in the potential real estate or flats in Navi Mumbai that are good investment options.

The biggest news is that Navi Mumbai property posses all the features of a serious growth and expansion of various businesses thus making it a favourite destination for business professionals.

So, home buyers who are waiting for the right moment to invest in potential properties can consider Navi Mumbai realty market as the safe bet.

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