invest smartly in real estate in 2016
DESCRIPTION
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.TRANSCRIPT
Phone - 080 40155666, 8494 9301 72Email - [email protected]
Invest Smartly in Real Estate in 2016
http://gruhakalyan.com
Phone - 080 40155666, 8494 9301 72Email - [email protected]
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
Phone - 080 40155666, 8494 9301 72Email - [email protected]
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.
Phone - 080 40155666, 8494 9301 72Email - [email protected]
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.
Phone - 080 40155666, 8494 9301 72Email - [email protected]
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.
Phone - 080 40155666, 8494 9301 72Email - [email protected]
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.
Phone - 080 40155666, 8494 9301 72Email - [email protected]
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.
Phone - 080 40155666, 8494 9301 72Email - [email protected]
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.
Phone - 080 40155666, 8494 9301 72Email - [email protected]
http://gruhakalyan.com
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