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Invest smartly in Real Estate in 2016
1. Phone - 080 40155666, 8494 9301 72
Email - contact@gruhakalyan.com
Invest Smartly in Real Estate in 2016
http://gruhakalyan.com
2. Phone - 080 40155666, 8494 9301 72
Email - contact@gruhakalyan.com
http://gruhakalyan.com
Invest Smartly in Real Estate: Let the New Year be happy and prosperous.
Along with that let us wish for you another wonderful wish. That is, may
2016 be the year in which you would move in to your new home.
On the onset of the New Year the most pertinent and the common
question of the prospective customers are, will the prices come down in
2016. How will the year of 2016 be in terms of real estate?
In a quest to answer these questions we have looked in to the various
statistics, surveys of the global investment consultants and real estate
consultants and have also taken the views of the experts of different
domains.
Invest Smartly in Real Estate
3. Phone - 080 40155666, 8494 9301 72
Email - contact@gruhakalyan.com
http://gruhakalyan.com
The answers that we got from various professionals who looked at real
estate from their angles were all more or less similar. Before we answer
the question let us look at the previous year and try to analyze the
situation.
The realtors explain that in 2015 the unsold stock was high and the
developers were reluctant to launch any more of the new projects. This
made the government take measures that would ease the flow of
liquidity.
In that aspect the measures that were taken were mega schemes like
AMRUT, Housing for all by 2022, 100 smart cities and infrastructural
development plans were pledged.
4. Phone - 080 40155666, 8494 9301 72
Email - contact@gruhakalyan.com
http://gruhakalyan.com
With all these government measures and the developer’s initiative for
more sales the customers sitting on the fence did get mobilized to
purchase. The big and the reputed developers are of the opinion that sales
did pick up in the latter half of the year 2015.
But the market watchers have observed that there is a renewed interest in
the buyers to purchase and that it is also evident from the fact that the
buyers were more interested in the builders with a strong reputation in
quality and timely delivery.
Remarking about the improvement of sales the expert realtors remark
that in the 2nd half of 2015 the sales figures of the companies with a strong
reputation of quality and timely delivery have improved considerably.
5. Phone - 080 40155666, 8494 9301 72
Email - contact@gruhakalyan.com
http://gruhakalyan.com
But the market trend watchers also remark that this may not be true
across the board. The experts opine that in a dicey situation like this
where there is a cash crunch the right thing to do is to go with the
developers having a strong reputation.
In such a situation the builders with the most of the cash crunch might be
compelled to lower the prices to garner the sales figures. But the expert
cautions that these are not the builders that we should go for.
Neither should we go for the builders who are flaunting freebies and offers
to attract customers. In this situation the best thing to do is to do a
thorough due diligence.
6. Phone - 080 40155666, 8494 9301 72
Email - contact@gruhakalyan.com
http://gruhakalyan.com
But even then that will bring the best returns on investment as timely
delivery will ensure that you get the right returns from the property.
Another interesting and simple trend noticed in 2015 was that the sales
figures improved.
In the cities where there was more job creation like Mumbai, Bangalore,
Pune, etc. The highest growth of capital value in the real estate was also
noticed in the cities where job generation was higher.
If you look at Mumbai, the areas that witnessed more sales were
Ghatgopar, Chembur, Wadala and few of the neighbouring areas that are
good in job generation too and are also blessed with good connectivity.
7. Phone - 080 40155666, 8494 9301 72
Email - contact@gruhakalyan.com
http://gruhakalyan.com
Thane in the Mumbai Metropolitan Region did well as the prospects of job
generation in the area was high and lots of jobs were created as well. In
Bengaluru as well the areas that were high in job creation witnessed high
sales also.
From all these we learn that we should buy flats, apartments and properties
and should play safe at this juncture of the economy. But if we are successful
in taking the risks and minimizing the threats we will be gaining at the end.
In this context the right thing to do is to go for the best of the locations and
also look for the builder with the most of the reputation in the market. This
will ensure that your returns are safe although you might have to pay more
prices than the alluring offers going on in the market by other developers.
8. Phone - 080 40155666, 8494 9301 72
Email - contact@gruhakalyan.com
http://gruhakalyan.com
Along with that the measures like FDI relaxation, reduction of loan rates by
the RBI and the ongoing Real estate regulatory bill were few of the
measures.
But one thing that comes out of the arguments that we advance as per the
current situation is that the property that would be the best buy would not
be cheaper at all.
Remarking about the improvement of sales the expert realtors remark that
in the 2nd half of 2015 the sales figures of the companies with a strong
reputation of quality and timely delivery have improved considerably.
9. Phone - 080 40155666, 8494 9301 72
Email - contact@gruhakalyan.com
http://gruhakalyan.com
Property Buying Tips :
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Overview of Bangalore Real Estate Market at a Glance
The accentuating prospects of Devenahalli