Latest Answer: Hi Tushar,
The Budget 2015 has put the end-users and property purchasers in a fix. A large portion of them were sitting tight for the Budget to be declared in the trust of getting some help not long from now. Fleeting property speculators who principally contribute to get advantages are befuddled. They are uncertain about how the business sector will perform after the divulgence of the monetary allowance.
Q:Golf Course Extension is now the main attraction for investors & end users. If you want long term appreciation from investment, then GCE is nice location.
Latest Answer: Affordable Housing or Housing for All by 2022 is a vision that the Central government is pursuing laboriously. The aim is to provide affordable homes in the price budget of upto Rs 25 lakh. This vision has influenced the preference of buyers across the country. As per PropIndex (Oct-Dec 2014), an India Apartment Index report published by Magicbricks, maximum demand has been witnessed in the Rs 30-50 lakh category.
Though affordability is a relative term, taking the Rs 30-50 lakh price bracket as an affordable range
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Latest Answer: Hi Priya,
An accident that resulted in the loss of many lives, hike in the cost of construction material, a conservative approach to buying property, and delay in handing over new homes were some of the major occurrences in the construction industry in Chennai, this year. The collapse of an 11-storey building in Moulivakkam on June 28 shook not just Chennai, but the housing sector in the entire country, leading to calls for urgent and sweeping reforms on monitoring of construction activity.
Latest Answer: A 2 BHK apartment in Parel has a rental value between Rs. 60,000 – 1 lakh. A 3 BHK apartment would fetch a rental value of Rs. 1 – 4 lakhs. A 2 BHK apartment can be purchased for Rs. 2 – 4 crore while a 3 BHK flat would cost between Rs. 6 – 8 crore. The property values in Parel range between Rs. 30,000 – 35,000 per sq.ft.
Latest Answer: Long term realty investment will work great in this fluctuating scenario of real estate market. Investor will be paid off with good amount if he invests for around 3 to 4 years at a stretch. They just have to understand the market properly before investing.