Increased Investor Activity In India Properties Chennai

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Real estates in Chennai is an extremely stable market as the realty segment does not witness much investor activity it is less volatile as compared to other cities. Over the years we have seen that residential property in Chennai has performed according to infrastructure development taking place in the vicinity. Rarely has India properties Chennai seen a dramatic rise or fall in the realty prices. Mostly real estates in Chennai have given a single digit rate of appreciation per year however it could be higher or lower for certain India properties Chennai. With the development of growth corridors it seems that investors are now taking notice of real estates in Chennai. Residential property in Chennai like Flats in Tambaram and apartments in OMR are witnessing a good demand due to development of business corridors at various locations. 

Investors entering the real estates in Chennai market has led to an escalation in property prices. In response buyers have also changed their buying preferences of India properties Chennai. Many people are looking to buy smaller residential property in Chennai like Flats in Tambaram and apartments in OMR. One has to understand that the prices of India properties Chennai has increased but budgets have not. People are looking to buy residential property in Chennai in their desired budgets. Most people in Chennai do not prefer to take EMIs even though the interest rates have come down substantially in the past few months. Earlier there was hardly any demand for 1 BHK residential property in Chennai but the scene has changed in the last few years and many people as well as developer have shifted their focus towards smaller apartments in Chennai real estate. India properties Chennai will see a high demand in the coming months due to increased end-user engagement and high investor activity. 

Mumbai Real Estate Sees a Slump

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Real estate Mumbai has always been in the news for high property prices. Rise in prices has been due to lack of space or high demand. Over years buying a property for sale in Mumbai has become a matter of prestige. Artificially inflated prices and lack of strict government rules have made price spiral of residential property in Mumbai almost uncontrollable.

People who are working in the city are keen to invest in residential property in Mumbai, as most of . Luxury property for sale in Mumbai too is in high demand. People also looking forward to invest in residential property in Mumbai to earn a handsome rental income. Many places particularly fetch very high rental income for example flats in Andheri West are able to attract handsome rental. Living in a Andheri West property offers good connectivity to all parts of the city and therefore properties over here are in high demand. Flats in Andheri West offer the convenience of living in a good neighborhood. Many people also prefer to live in Andheri West property as the place is centrally located and hence it become convenient for the whole family. Also since many well-known colleges, institute and offices are located in Andheri, Powai, Sakinaka area many people look to take flats in Andheri West on rent. 

Real estate Mumbai has always invited huge investments, even though in the last few years things have slowed down for the city's realty market, the prices of properties have not come down. Many end-users are endlessly waiting for a price correction, but builders are not letting the realty rates to come down. Many builders who are sitting on a huge stock of unsold inventory are ready to give discounts and freebies but they are unwilling to bring the rate of the properties down.

Affordable Flats Attract People Towards Greater Noida

Looking for affordable flats in Delhi is a tedious task. Many people are unable to buy a suitable house as they are unable to find a property in their budget. More the last few years with escalating property prices the rental rates have also gone up. As a result many people have decided to shift their search towards the outskirts of the NCR. Property in Greater Noida and apartments in Noida Extension are now attracting end-users who are looking for affordable flats. Rentals in apartments in Noida Extension and Greater Noida properties are also extremely affordable. 

Although the problem of land regulations and violations and flouting of land laws have restricted people from investing in Greater Noida properties, the scenario is now changing as people are not able to find affordable properties to buy in other parts of NCR. Law and order problem is also another factor why people hesitate to invest in property in Greater Noida. But since infrastructure in this par of the city is developing at a rapid space Greater Noida property and apartments in Noida Extension is seeing a renewed interest from buyers. 

Many integrated societies are being developed in Noida, this trend is sparking the interest of buyer in Greater Noida property. However delay in project completion of Greater Noida property for Sale is proving to be a dampener. Still due to lack of more affordable options people are now looking towards Greater Noida properties. If you too are looking to invest in property in Greater Noida then do not hesitate to do so as investment will fetch decent returns in future. Still, if you have certain queries about investing in the region. You can talk to property experts on Makaan.com addition you can also check price trends to know the price appreciation given by a locality in the last few months. 

Rates of 2 BHK Properties in Ahmedabad

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Unlike so many metros like Delhi, Mumbai, Gurgaon, and many more, Ahmedabad is a city where ones can look forward to the affordable residential houses. In most of its parts, the city offers homes that cost far lower than in other cities. Let us see the example of 2 BHK homes in its different colonies.

Two room property at Ahmedabad in eastern localities like Maninanagr, Ghodasar, Odav, Naroda, and Saraspur are available for buying in 15-20 lac range. Towards the higher end, however, the rate may touch 60 lacs; for example at Ghodasar, a 2 BHK house can cost up to 55 lacs. At Ranip, such a house comes at around 30 lacs. One of the costly localities in east is Shahibaugh: to buy a two room apartment here, a buyer may need to pay as high as 85 lacs.

In North, the rate of Ahmedabad real estate properties, for two room houses generally varies between 20-25 lacs. At Motera, New C.G. Road, Naroda and Chandkheda, such an apartment is available within this range. At Motera and Chandkheda, the higher rates, i.e. up to 40 lacs are also available for the buyers. At Ring Road, and Ranip, the prices are centered around 40-45 lacs.

In city-center, most of the colonies are costlier, as compared to other regions. The lowest prices of a two -room house starts at around 40 lacs: Gandhi nagar and SG Road are the twin localities where such rates are prevalent. However, in satellite, Vastrapur, an Drive in Road, the available range that is prevalent lies between 45-70 lacs. In South, the prime localities are Vejalpur and Gota. At both of these, two-room apartment can be purchased at an average value of 30 lacs.

Satellite, Vastrapur, Vejalpur are the plush localities known for well-developed infrastructure and presence of several business centers. These colonies have also witnessed good growth in IT sector; hence are responsible for generating good employment opportunities. 

Properties in Ghaziabad Developing at a Fast Pace

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Seeing the pace at which the construction works are going on in Ghaziabad, it is emerging as a next big thing in the realty market. As the residential and commercial developments have boomed the city's landscape, it has been given second rank among the fastest growing cities in the entire world. In spite of the bad reputations that it has gained over years due to high crime rate, the city is still capturing a good number of buyers as well as investors.

Properties in Ghaziabad have flourished in some of the plush localities like Rajnagar Extension, Indirapuram, Crossings Republik, Vasundhara, and Vaishalli. Some of the high-end properties have sprung up in these areas, with the top-notch projects floated by well-known developers like Mahagun, Ansals, and SARE. Most of these residential spaces are targeted towards upper middle and affluent segments. As a result, the city is getting filled up with well to do families.

The presence of National Highway 24 and 58 have proved a boon for property in Ghaziabad. The widening of NH 24 from 6 to 8 lanes shall further smooth the traffic congestion problems. These high speed roads have been the major factor behind the increasing propensity of residential spaces in the city. The proposal to extend Delhi Metro's blue-line to Indirapuram can prove to be a significant step towards improving connectivity of the city to other parts of Delhi NCR. Some of the their factors that have proved beneficial for real estate growth here include good infrastructure, availability of land to be used for further development, and scope for both horizontal as well as vertical constructions. The newer constructions are largely planned; as a result, the city is acquiring the shape of an integrated township.

The things that need to be controlled is the law and order system in the city. High rate of crimes, lack of  an efficient law & order system, and the poor control of government over scams & other malpractices really need to be worked at.

Makaan.com, the leading real estate portal, lets buyers make a search property in Ghaziabad and other cities of Delhi NCR. The end users can look for quarterly price trends for property in Ghaziabad and keep themselves informed of the ongoing rates.

Prices of Property in Navi Mumbai Undergoing Escalation Lately

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While realty market is facing a crunch in most of the cities, developers are busy rolling out high-end projects in some of them. Navi Mumbai is one such locality that is seeing larger-than-life residential and commercial project lately. Though a large chunk of population in the city is not affluent enough to buy such pricey properties, yet certain section has accumulated enough wealth for themselves. So, the demand for ultra modern and spacious apartments comes from this class. The prices are soaring like anything in the city. A few localities like Kamothe, Ulwe, Panvel, and Ghansoli are still within the reach of middle segment, others like Palm Beach Road and Seawoods have skyrocketing prices.

A 2 BHK property in Navi Mumbai comes within 15 lacs to 2 crore range. To buy a two-room apartment in localities within an affordable price tag, go for Kamothe, Ulwe, and Panvel , as the starting prices in them start anywhere between 15-30 lacs. The upper range, though, can be up to crores. For properties above 30 lacs, Belapur, Vashi, Airoli, Nerul, and Roadpali can be the right options. Both Seawods and Palm Beach Road are categorized as very expensive localities, only afforded by the affluent segment. The two-room apartment at Palm Beach comes in 98 lacs-2 crore range, while at Seawoods, such an apartment is available at relatively lower 60-65 lacs rate.

What would add to the hiking prices are the latest developments in the city. One such project with phenomenal significance is the new airport at Navi Mumbai. For its construction, land worth crores has been acquired from PAPs(Project Affected People). So far, airport project has succeeded in adding land worth 10,000 crores to the realty market. All-new Navi Mumbai properties for such people shall now be developed in a colony that is to be named as Pushpak Nagar. This would be constructed near Panvel, and as it would be close to the proposed airport, it would draw a large number of inquiries from residential market.

Look for high-end residential property in Navi Mumbai over the real estate portal, Makaan.com. Buy, sell, and rent Navi Mumbai properties available in different budget range, in different parts of the city.

What do Greater Noida Properties have in their Offing?

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It is all the time Noida, Noida and Noida that we are talking about. Why not say a bit about Greater Noida too, one of the important residential hubs for the ever-growing population of Delhi/NCR. The prime city falls within the purview of GNIDA(Greater Noida Industrial Development Authority) and lies at a distance of 48 km from Delhi. The city is close to Noida, and is undergoing development at an excellent pace. Greater Noida was developed keeping in mind the population burst, that is going to reach 12 lacs by 2021. It is one of the planned suburban locations that can be a good alternative to buy residential property in Delhi/NCR.

If you take a look over the Noida property, you will get to know that mostly they have been developed with international standards. The flats are well-furnished, present in posh locales, and are laced with all the avant-grade amenities that anyone can expect. They talk of comfort and luxury. Spaciousness is another feature of them. Add to that 24*7 power supply, maintenance and security, pools and lawns that make Greater Noida residential houses worth living for. The presence of global institutional and industrial sectors further add to the feather.

The city has more to see urbanization in the form of proposed IT SEZ parks and other infrastructural developments. This will be a good boon for both residential as well as commercial Greater Noida properties. Talk about connectivity, and is going to only improve in . It has been proposed to extend Delhi-Noida Metro line from Noida City Center  up to Noida Extension. The city is already connected to Agra via 6-lane Yamuna Expressway. One can be reached Delhi in a half-hour drive if takes route via DND flyover.

The development is expected to go at the same pace and soon, the city will see a good population from Delhi NCR settled here. Let's keep our fingers all crossed.

Makaan.com, the eminent real estate portal based in India, features residential and commercial spaces to buy, sell, and rent. Search Greater Noida properties over the portal and choose the best one for you.

The Problems with the Ailing Real Estate Gurgaon

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Since the day I have been commuting to Gurgaon, I have not encountered two consecutive days when the traffic was all-smooth and I could reach office on time. Many-a-times , I have thought of relocating to the city, as commutation from Delhi takes too much of a time. But the city is facing too many problems of its own. Buying flats in Gurgaon comes with too many repercussions. One, the traffic problem, I have already mentioned. There are many other that make me and many other buyers apprehensive of leaving Delhi and shifting their residence here.

The prices are too high. Have a look at the new projects floated by the eminent developers. None of them cater to the affordable class. Most of them have been developed to cater to the high-end buyers who are backed by strong financial means. Even if you are going for a 2 BHK apartment in the city, you may need to spend around 70k! And for flats with more rooms, price rarely is below 1 crore. For middle-income group, it is a too much to ask for. Real estate Gurgaon has fully blown into a bubble, a bubble that has reached the verge of bursting anytime.

The cost of inputs required for construction is on a all-time high. Water, electricity, sand, and other materials cost too heavy for developers, and they, in turn, keep on rising the prices month after month. This, along with the delay in completion, makes the buyers feel disgusted and cheated as well. Then come the countless frauds that have driven their sentiments to the negative direction. There have been cases, when the occupancy for flats in Gurgaon gets delayed by many years. Last, but definitely not the least is the number of frauds that have caught the realty market. Developers, builders and agents play really dirty games with the 'not so well-informed' buyers: double dealings, selling unauthorized constructions, lack of approval from authorities have played havoc with the buyers' interest in making a purchase.

Makaan.com, the real estate portal, lets you search 1, 2, 3 BHK flats in Gurgaon. Look for the quarterly price trends for real estate Gurgaon and join forums to get yourself apprised of the property trends.