Mumbai property developers see smaller homes as good investment options

Makaan.com

It will not be wrong to say that Mumbai is the most expensive city in India. Purchasing and renting properties in Mumbai seems to be distant dream as the prices keep surging every year. Compared to other cities, the home prices in Mumbai have appreciated by an average 66%, a report says. Because of the continuous price rise of real estate in Mumbai, the city has become a favourite investment destination for investors.

In the recent years, the prices of Mumbai real estate have skyrocketed because of the limited land supply and also people are looking for luxurious residential units that could provide standard lifestyle. On the other side, the absorption rate is getting better as salaries of individuals have increased over the years which is a major factor that are helping home buyers to take a decision on purchasing Mumbai properties.

Mumbai real estate is a highly preferred investment destination as it might offer impressive returns. Not only the premium residential units are a hit but small homes are also in great demand. Singletons or expats always prefer to rent small houses as it easily comes within their budget and also serve their purpose. So, developers see an opportunity in the smaller houses irrespective of the rising prices of premium residential units.

The urban working class are well aware that finding a Mumbai property at a reasonable price might be a dream but they are confident that they can easily afford to buy at least two-bedroom apartments.

Property developers are also coming up with smaller residential units to meet the housing demand of the working class. Developers are trying to meet the demands by offering least two bedrooms possible. And to woo home buyers they are offering schemes and discounts which smart home buyers are taking advantage.

There are home buyers who are cautious while buying a property in Mumbai and take help of realty portals to collate information on trending properties and prices. Through real estate Mumbai portals, home buyers can easily find developers and builders who are offering residential units at highly competitive prices. For instance, Makaan.com, a leading property website that connects buyers and sellers, offers property listings making it easier for home buyers to find featured properties and apartments with specific to location.

Mumbai property developers who earlier believed that smaller residential segment gives lower margins now have realised that they are good investments in a one-bedroom category.

Demand for Chennai real estate grows manifold

In the recent years, there is a rise in the demand of the properties in Chennai with the coming up of several luxury residential projects and IT companies setting up operations here. Reports say that real estate Chennai market is expected to remain stable in the year 2013 and also property registration in Chennai seems to be clawing back after the financial slump.

 
Even with the rise of demand and prices of properties in Chennai the retail real estate segment has remained upbeat. This positive impression has attracted major developers like Purva, Pacifica, Unitech and Sai Harini to develop residential units to meet the growing demand of housing. The developers are offering attractive offers and schemes to woo home buyers and boost the sales. Among the various schemes, offering easy finance and house insurance are some of the popular offers that developers have for home buyers.

What drive the demand of Chennai real estate? Unlike many cities, Chennai is not dependent on a specific industry. The city has a range of industries such as logistic, IT/ITES, manufacturing, automobile and more with specific to region. So, the demand and prices of each location varies with specific to the industry and infrastructure. Moreover, certain locations with good connectivity and infrastructure development have become the highly desirable property for owning a house. And the names of a few areas are Muggapair, Perambur and Old Mahaballipuram.

Finding potential Chennai properties as investment option is not a hard nut to crack. Just take the help of popular realty sites that offer information on all major cities. Property websites www.makaan.com provide home buyers or sellers with information so that they can take well informed decisions while buying or selling a property. With the help of realty portals it becomes lot easier to find properties meant for sale/rent/lease according to budget categories and location specific.

Compared to other locations in Chennai, the northern regions of the city have seen the maximum appreciation in residential prices. The prices of many properties in these areas have even increased manifold. The city has also witnessed the growth of price in terms of per sqft over the years.
The growth of Chennai real estate is impressive in comparison with other cities and it is expected to remain firm in the coming years. Moreover, with the setting up of more industries and creating employment opportunities investors are desperately willing to invest in real estate.

Properties in Gurgaon tops the demand chart among NCR

A report says that Gurgaon property tops the demand charts among the National Capital Regions in office, retail and residential space. Developers and real estate investors are looking for every opportunity to invest in this hot destination. A few factors that make Gurgaon a highly preferred investment destination are the upcoming world-class residential projects and well connectivity to Delhi and Jaipur.

Properties in Gurgaon currently are considered to be gold mine. The prices of properties in Gurgaon are skyrocketing because in other parts of the NCR there is lack of infrastructure. Although in certain areas land is available but due to the lack of connectivity the demand is low. Compared to the other metropolitan cities such as Hyderabad, Kolkata, Chennai and Bangalore there is a higher number of residential units.

There has been a continuous rise in the demand for property in Gurgaon with the coming up of multinational companies and housing units. The growth has also influenced the areas located close to that usually include the exquisite Maneswar, Sohna Road and Pataudi Road. The other sectors of the city are also in great demand such as sector 99, 85, 82 and 37.

Developers are rushing to Gurgaon with both residential projects and commercial projects to meet the supply. Renowned developers such as MGF EMAAR, Ansal, DLF, Unitech, CHD and more have already started offering residential units to home buyers at highly competitive prices. Most of the developers are even adopting theme-based housing projects to meet the demands for people who want a standard lifestyle.
Gurgaon properties offer opportunities for investors with promising returns. Besides residential projects, office space also offer good prospects for business professionals who want to set up operations close to Delhi. The world-class infrastructure is sure to augment the value of the properties of Gurgaon in the times to come.

What makes Gurgaon a hot realty market? Gurgaon is well connected to Delhi and other important commercial cities such as Noida and Faridabad. Moreover, its proximity with airport and the upcoming aerocity makes it a potential investment option with best return. Smart home buyers are taking the advantage of property sites to search and locate developers who are offering residential units at highly competitive price.
With new players entering in to the realty market of Gurgaon the competition among developers is expected to increase that will directly benefit home buyers. So, eventually the demand for properties in Gurgaon is expected to rise more in the coming years that make it a hot investment destination.

Buying a property in Bangalore is no more a distant dream

Bangalore property continues to be a promising real investment destination for investors. Some of its areas are known to be most expensive in India compared to other metros. But the good news is that Bangalore still remains the most affordable residential market. And so Bangalore flats are highly preferable investment options.

Since the demand for flats in Bangalore is shooting up, it is a good idea to go for house hunting and invest in it. Your efforts might pay well if you are able to find a potential property. However, the best time to find house is on a rainy day. The demand for properties in the monsoon is less. During this season, the number of enquiries decline and developers offer attractive deals to customers. They even show their willingness to negotiate on property rates and give home buyers the best deal available.

During this season, it is seen that developers try to attract customers by offering discounts on their usual offers and reduce inventory levels. Many developers come with schemes such as no pre-EMI, zero booking amount or at the time of booking they are asked to pay a fixed percentage of the price on Bangalore flats. Other additional offers are free furnishings, free parking, cash discounts and more. Smart investors take the advantage of such offers because they can save a considerable amount of money from such offers. However, you should note that the discounts and offers vary depending on the developer and project.

But hunting for a house could be a painful experience during this season. However, taking the advantage of realty websites you can make your search easier and find a good property in Bangalore or luxury Bangalore flats at a reasonable price. The realty sites help you connect to owners/developers of the flats in a simple way. Home buyers could check the flats through the pictures uploaded on the site whether the flats are in a good condition or need maintenance. With all these advantages, one could easily assess whether a flat is suitable to live or is it a good investment option.

According to reports, more than 77% of Bangalore is the under-construction units and the prices usually start with Rs30-40 lakh. Only 5% of the under-construction flats costs over Rs one crore.

Taking the help of realty sites, one can also find developers who offer easy finance with the help of bank. To know more about bangalore properties view at www.makaan.com

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

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.

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.