Property and Real Estate

Why should you consider Ghaziabad for your residence?

2017-03-07T02:28:00.000-08:00

Ghaziabad in Uttar Pradesh has now shed its bedroom community tag for people working in Delhi and the National Capital Region (NCR). There are a number of IT companies that have set up their businesses in Noida, that too, just a highway across the city, making it a real estate hub in the NCR.

Here are the reasons that are attracting more people to buy affordable flats in Ghaziabad:

1. Promotion of infrastructure plans by the government

The UP government are putting in a lot of infrastructure plans for this place and some of them includes intra-city connectivity through Metro, roads, rainwater harvesting facilities, schools, colleges and water treatment plant.

2. Connectivity

Ghaziabad is strategically surrounded by Noida, Delhi, Faridabad and Meerut. The planned and under construction FNG Expressway and the Link Road will further add on to the connectivity of the locality with Delhi, Noida and other parts of Ghaziabad.

3. Proposed plans

Ghaziabad has plans for proposed metro links that include Dilshad Garden to New Bus Stand (Ghaziabad), Noida City Centre to Indirapuram via. Noida Sector 62.

4. Quality homes at affordable cost

One of the best factors about investing in this area will be that the buyers will get affordable homes and comfortable living as compared to other Delhi and NCR locations where residential property rates are higher.

With improved connectivity, proposed infrastructure plans and affordable homes offering comfortable living, Ghaziabad surely is a locality to invest in.

Finding a residence in Bhiwadi

2016-10-15T04:06:00.001-07:00

Presently, Bhiwadi real estate has really grown as an attraction for people looking for a residence in an area close to major cities including Delhi, Gurugram, Jaipur as well as Faridabad. With the growing industries this place has started attracting a lot of people to this area thus has provided a great scope for a boom in real estate. Bhiwadi is being modernized at a very fast pace and now boasts all facilities necessary for a nice lifestyle. The best advantage of buying an accommodation in Bhiwadi is its reasonable rates as compared to the other areas of the NCR.

The number of Residential projects in Bhiwadi has risen up at a very good rate in previous three years which are a hit amongst people looking for an affordable place. Now even this place has grabbed the attention of various real estate players who usually deal in luxury projects.

The average ticket size for a flat in Bhiwadi is between Rs. 2400-3500/sq.ft, and the annual increase in price is nearly 5-10%, which is quite consistent with the overall market dynamics of NCR. Thus buying 2 bhk flats in Bhiwadi will surely prove to be a fair deal for present as well as future. With this great pace of development in real estate projects there are uncountable flats for sale in Bhiwadi available.

After seeing all kinds of development in this area, now even government is making efforts in improving the civic as well as social infrastructure of this area. They have even proposed the idea of Metro connectivity which will further enhance Bhiwadi’s development on all grounds.

The Indian Property bubble

2016-08-16T05:52:00.002-07:00

In the recent past years the real estate market in India has been collapsing with no indication of any significant improvement in the coming years and the main cause of all this being the increase in cost of financing. The Real estate projects in the country are taking much more time than assumed in their completion due to the complicated and corrupted regulatory mechanism. A large no. of real estate firms which are part of public trade in the country are in huge debts and according to “Liases Foras, a Mumbai based research market agency, the percentage of transaction made in the real estate sector consists 30% of black money.

So what do we mean by the property bubble, if we take the definition given by Wikipedia in consideration then it means that a bubble is defined as “trade performed in high volumes at prices that are considerably at variance with natural values” but that is not something that can make everyone understand the condition of the property bubble in the country.

Despite the new reforms in the commercial sector and softening inflation along with trimming down of interest rates in the country, the real estate market has seen visibly zero profit in the year so far. The sales and launch of new projects is now witnessing a three year low by the end of March 2016, which is worrying people to invest anymore in this sector.

The only segment which shows signs of some rebound amid the ongoing decline of trade is the category of affordable housing whereas on the contrary the real estate sector still continues to remain troubled with issues like high amount of unsold inventory, delay in the delivery of projects.

And if the current trend of decline in this sector continues in the coming months then the real estate companies will be left with no other option then to sell their unsold properties at lower prices.

2 BHK Flat In Bhiwadi By Reputed Real Estate Developers Near Delhi - Gurgaon

2016-08-03T05:54:00.000-07:00

Bhiwadi is an industrial hub growing at a very fast pace. The advantage of having an excellent location with proper connectivity to various big cities like Delhi, Gurgaon, Faridabad and Jaipur, makes it an area with inevitable participation of big industries trying to put their mark at the place. These industries open a huge doorway of employment opportunity inviting a large crowd into the city. This crowd tends to search for housing option available at places near work thus paving a perfect path for the real estate business too. Besides that, the unbelievable affordable rates and economic living conditions make this city the prime choice for middle class families looking for proper facilities available at reasonable rates. Hence looking at the demand and possible development, many residential projects in Bhiwadi are under progress. Bhiwadi’s property has attracted the attention of quite a lot of reputed developers, precisely delivering affordable housing initiatives, with most dynamic and scattering of luxury tasks.

Bhiwadi offers all modern lifestyle facilities of a city. It has a good civic infrastructure and it also offers these facilities at affordable rates, which is a plus point to the lower and mid-income group buyers. Another important thing about living in Bhiwadi is that the water supply in this area is very good.

Besides the normal necessities, Bhiwadi also has a wide range of entertainment options like shopping complexes, movie halls, hotels, clubs and so on. Facilities like well-planned townships, schools, proper roads and tracks, well planned designed gardens, etc. all are available in this II-tier city. After looking at all these factors, we can undoubtedly say that Bhiwadi is an excellent destination for buying house that is economical and supports a comfortable lifestyle. People are open to a wide range of options for residential flats in Bhiwadi. Besides theflats in Bhiwadi for sale, many ready to move in flats on rent are also available.

No matter whether you are looking for a 2bhk flat in Bhiwadi or a 1bhk flat, you’ll get it all here. The residential areas are well equipped with different kinds of flats and different ranges of facilities for families with their unique budgets and needs. For example, in the same society a newly wed couple might be looking for 1bhk flat in Bhiwadiwith a lower budget, while another family may ask for 4bhk and may afford a higher amount. With various kinds of flats suiting these different needs, residential areas in Bhiwadi work efficiently in fulfilling everyone’s dream of having a perfect house.

Looking at all these facts, I think it is fair to say that your dream to find the ultimate residential apartment for your family can prove to be a reality here.