real-estate in rajasthan

7/31/2019 Real-Estate in Rajasthan

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Earlier, the real-estate sector in India was unorganized andcharacterized by various circumstances that obstructed organizeddealing, such as the absence of a centralized title registry providingtitle guarantee, non-availability of bank financing, absence ofuniformity in local laws and their application, the lack oftransparency in transaction values, and high interest rates andtransfer taxes.

In recent years , the real-estate sector in India has shown a trendtowards improved organization and transparency, accompanied byvarious regulatory reforms.


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These trends have benefited from the recent development in theIndian economy, which has increased demand for land anddeveloped real-estate across the real-estate industry. Demand for

residential, commercial and retail real-estate is rising throughoutIndia, accompanied by increased demand for hotelaccommodation and improved infrastructure. Additionally, the taxand other benefits applicable to Seas are expected to result in anew source of real-estate demand.


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1. Special Economic Zones (SEZ)

2.Retail Real-estate Development

3. Infrastructure Development Projects

4. Commercial Real-estate Development

5. Residential Real-estate Development

6. Hospitality Industry


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Real-estate sector is not only the biggest contributor to GrossDomestic Product ('GDP') of the country but is also the fourthlargest sector in terms of Foreign Direct Investment ('FDI') inflows inthe country

However, the past year proved to be a mixed bag for the sector.Real-estate companies continued to face a series of challenges,the biggest unequivocally being the availability of finance andhardening of the interest rates. This has effect on the borrowingcosts of the developers, liquidity and the demand, a large part ofwhich is funded by home loans .


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an upward revision of the present limited of Rs 1.5 lakh on interestcost deductibility on self occupied houses

provide separate deduction to individual home buyers onrepayment of housing loan

include integrated townships in the definition of infrastructure tomake it eligible for profit based deductions

re-introduction of profit based deduction for affordable housing

clarity on characterization of rental income by developers i.e.business income vs. house property

exclude real-estate development from the purview of service tax


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Rajasthan is the largest state of country with rich history. As aninvestor, if you are looking for property that meets yourexpectations of both heart and budget, you must exploreproperties in Rajasthan. The market here offers residential andcommercial spaces that are fairly priced and convenientlylocated thereby catering to every demanding requirement of aproperty buyer. People in Rajasthan have shown improvementtowards quality products, but now the trend has indemnified. Theyare ready to spend large money, simultaneously unwilling tocompromise on quality.


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Low Stamp Duty

Stable Political Scenario

No Property TaxLow Establishment Cost

60% Tourist TrafficInternational Airport


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JAIPUR

JODHPUR

AJMERKOTA

UDAIPUR


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The tourist destination denotes heritage and culture whichattracts more and more Indians to invest in property available inthe city.

, it is a 'planned city' that underlines the fact that its foundation

has been laid after careful planning and diligent research.the IT wave and the boom in BPO sector in Jaipur are consideredas the breakthrough for Jaipur real-estate by the market experts asit has boosted the demand for modern commercial spaces

Its close connection to the national capital, Delhi has resulted in it

becoming a preference for property developersThe low property prices in the booming Jaipur property marketare another significant factor capturing attention of investors.


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Major tourist place of Rajasthan

Opening of new IIT

Opening of new AIIMS

Rajasthan government is allotting land at subsidized rates to

attract IT companiesThe Master Development Plan 2011 proposes to divert aboutseven lakh population to satellite towns including Jodhpur, Ajmer,and Kota.


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The large industrial estates, factories and business powerhouseshave resulted in accelerating habitation as well as the economy ofthe state

Property appreciation is the high

Kota Coaching centers are fuelling the demand for real-estateDespite this, abundant power and water along with goodconnectivity to Delhi and Mumbai should help industry in Kota


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Major tourist place of rajasthan

Property appreciation is the high

hospitality sector active in Udaipur facilitating Real-estate here


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One should have complete product knowledge

Understanding the psyche of the customer

Good communication skill is must

Knowledge of the USP of your product

Tackling the queries of the prospects

Providing the best possible information to the prospects

Creating interest for your product in customers mind

Being polite to the customer

Answer clients' questions regarding construction work, financing,maintenance, repairs, and appraisals.

Accompany buyers during visits to and inspections of property,advising them on the suitability and value of the homes they arevisiting.


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Many people are not interested in listening your offer

Many people talk very rudely

You are not sure who is interested customer and who is fake youhave to analyze them properly

Some people asked irrelevant questionsSome people are there to criticize your product


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As Rajasthan is endowed with some of the most favored conditionsfor property investment, it is emerging as the only state, which islikely to have maximum number of domestic and foreigninvestments in property.

Hence, it can be concluded that Rajasthan real-estate has a greatpotential and coming out to be the most favorable spot andturning out to be the most developing state in the country andtherefore we could say that it has pool of opportunities, you are justrequired to grab your chances with your learning and experiences.


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real-estate in rajasthan

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