Demand for residential real estate goes up!
If we carefully look back at the Chennai real estate growth over the year 2011 the sales of residential sector was all dependent on the IT/ITES sectors.
The stability in IT sector has boomed the residential realty sales!
With the job security in the sector and people transferring form place to place, the demand for homes have stood equally stable!
Also, once the interest prices stabilize the experts feel that residential realty will surely have a sooth running sales and there will be great demand for the properties in India!
However, affording a land is still a dream for maximum of the population as it demands a price correction!
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Source: IBN Live
Affording a land, Chennai, Chennai real estate growth, Equally stable, Interest prices stabilize, IT sector, IT/ITES sectors, Job security, Population, Price correction, Properties in India, Real estate growth, Residential realty, Residential realty sales, Sooth running sales
Hey neat write up. Keep it up!