Articles

Anuj Goel Pune | On the Real Estate Market Trends in Coming Future

by GoelGanga Developments Real estate

However, even in these bleak and monotonous situations, we have to find fresh hopes that new trends will accelerate the future of Pune’s market. We all know that this year was not different from the last few years for new home buyers, says Anuj Goel Pune. It was a tough year for the entire Indian real estate. The ongoing liquidity crisis, slash down in GST and repo rates were also not much effective to bring any change in the market trends. 

 

In the past, prices were dormant and the developers mainly focused on clearing the inventories rather launching new projects. Undoubtedly, the property market in the metro and other big cities in India is a promising field for investments. He further adds that this craze for affordable housing is going to stretch in the future as well. The Pradhan Mantri Awaas Yojana is transforming the entire residential sector. Both the demand and supply are ticking up this industry. 

 

As the government is promoting both the developers and the home buyers equally. With various subsidy plans and schemes to avail, and the benefits of home loans are affecting the entire housing sector. The recent Smart City campaign has influenced more than 100 cities in India. This situation can prove beneficial for Goel Ganga Developments and others in Pune to invest and make the best out of this opportunity. This drive has affected the entire construction industry to large extents. 

 

In the words of Anuj Goel Pune the real estate market is supposed to achieve huge profits in the coming few years. No doubts, Pune’s real estate includes retail, commercial, and hospitality and all of them are expanding significantly in the desired direction catering to the needs of developing India. The progressive growth of MNCs, automobile plants, e-commerce brands, hotels, etc. have inflated the demand for influential real estate ventures in Pune in the last two decades. 

 

The increased rate of investments and developments in this industry are making a positive impact on future trends. The speedy progress in the urbanization has increased the need for residential properties in Pune. This trend is not untouched in the Metro cities like Chennai, Gurugram, Chandigarh, Nashik, Bangalore, and Hyderabad also. They are becoming a hotspot destination for the new home buyers. The result is a huge overflow of luxury and affordable flats with the best amenities in the past few years from the house of Goel Ganga Developments, Pune.  

 

As per the RERA Act regulations, the builders had to register their ongoing projects and give routine updates on the current status of their projects on the websites. This step has expedited the delayed deliveries of houses. The builders will be forced to pay heavy penalties if found dishonoring the laws. The added articles for the rights of the home buyers under the MAHA RERA act is a huge win-win moment for Pune's market. It has changed the mindset of the customers and proving beneficial for the reputed builders in Pune, says Anuj Goel Ganga.

 

The Finance Minister has come up with an imperative statement in a recent event to help the realtors on a big scale. Soon a stress fund will be released from the government’s end to ease the at present situation of the Indian real estate. The entire industry is expecting that with these changes, the liquidity crisis, delayed projects, and the slashed market will improve the year-end. 


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About GoelGanga Developments Freshman   Real estate

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Joined APSense since, August 1st, 2017, From Pune, India.

Created on Oct 9th 2019 06:41. Viewed 221 times.

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