Perfect and Optimum location

Posted by Jonson Smith
3
Jan 1, 2015
1555 Views

The real-estate sector has become a critical segment of our economy. It is on its development path. It is having effect on the economy & contributes to almost five to 6% of GDP. In India it has become second largest sector which is providing employment to persons after agriculture. It is also stimulating demand for cement steel paint building materials bricks consumer durables steel iron also. After allowance of FDI by government we have seen boom in investment & developmental activities. Due to that many foreign investment firms started investing in India. Property market place in Indian cities is in bubble state & is expected to burst by November Year 2014. The primary cause for bubble state is political uncertainties and latest RBI norms that severely restrict banking exposure to the real-estate sector. India is a large country.We has much land to get developed.

For Details of Prestige Lakeside Habitat, call @ 8971315026

Ansal & some other developers have captured the areas of religious places such as Vrindavan, Hardwar & Mathura. Areas in Nagpur,Nashik, Agra, Bhopal and Ahmedabad are still reasonable and amenable to sensible growth. Or if you desire to maximize your capital gains in less time you must look f investments in smaller cities such as ashik. They are at affordable prices and a good future investment. Nashik has similar beauty what Pune had twenty years back.And also it is a fine place to stay. In India we have skyrocketing prices to buy a property in metropolitan cities such as Delhi, Mumbai,Bangalore, Chennai to name a few. In Mumbai a two bedroom flat of 1200 square feet living space will cost you about 60 lakhs to 1.5 crore or may be even more than that. Same is the case with cities such as Chennai/Bangalore/Hyderabad/Pune/Gurgaon.

For Pre launch offer of Prestige Lakeside Habitat Bangalore call @ 8971315026

 If these rates are compared to U.K,U.S France or Australia apartments for 3 bedroom apartment which is 2000 square feet will cost between 1.3 crores to 3 crores. Ont & that too these houses will have parking space, gardens & swimming pool, front yard. In these countries salaries are 8 times higher if compared to Indian salaries but the cost of houses is only double to triple. Also the interest rate paid by Indians is almost double if compared to the developed countries peers. E the Indian property sector has been an unorganized sector but it is slowly evolving into a more organized segment. The major domestic players in the sector are Tata housing, Godrej/Omaxe/Raheja builders/Ansal Properties to name a few. Indian real-estate will stay attractive to foreign investors as well due to its strong economic fundamentals & demographic factors.

For the Bookings of call Prestige lakeside habitat call @ 8971315026

 

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