As the majority wins in the general elections all the major realty top shots, stakeholders and investors are holding high hopes. They are expecting to see major changes in the real estate industry in India is the coming few months. Most of them even have started planning on the launches of new development and housing projects around the major metro cities all over India with the hopes of increasing demand among buyers. Until now, due to the unstable realty industry, most of buyers were reluctant in investing in their dream house, but no more.
Cosmic India |
If the last periods are discussed, we have seen high escalation in the prices of property throughout India. Even though the demand was decreasing due to the high cost of the property assets, the costs maintained on the top level. The developers and property experts are blaming lack of stable economy as well as political conditions in India for the same. Moreover, with the regular property scandals and corruption swindles coming up, buyers were uncertain about almost every other development project in the realty industry.
The high rate of interest on property loan as well as grants given to developers, also contributed in increasing the cost of the property. Common people, who are the major buyers of property in India were trying to control the flow of the money with the regular inflation and weakening economy in the country hence contributing to the decreasing demands.
A stable government with several new attempts of economic regulations might contribute in bringing up the realty industry from the depths. They might even contribute in reducing the time taken for the project approval, which often increases the cost of the project hence the property. Also, there are speculations about the low interest on property grants as well as the loans for housing deals. All this with a couple of standard economic regulatory steps can work out for your dream house plan.
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Tags : Real Estate growth trends, Real Estate Expectations from budget 2014-15.market trends for real estate,Cosmic Structures,Cosmic Projects
Related Posts :
Expectations of real estsate market from Budget 2014-15
Growth of real sector in India
How to win in commercial real estate investing
Advantages of buying a home in slow market
Real Estate and Internet
Tags : Real Estate growth trends, Real Estate Expectations from budget 2014-15.market trends for real estate,Cosmic Structures,Cosmic Projects
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