Monday 5 September 2016

Buying Property in India May Not Burn a Hole in Your Pocket Anymore

We all are aware of the fact that buying property can get a costly affair most of the times where buyers end up getting housing loans from a bank. The situation is however, changing with the course of time and the advent of affordable properties has improved the situation a lot. What was once a nightmare for buyers has become a fairly easy process to begin with. This proves that investing in real estate has become a seamless affair with some research and a trustworthy developer. During the year 2008-09, the process of buying property in India became troublesome due to a boost in prices and limited suitable options. Nevertheless, the situation saw a positive change after that and since the year 2010, there have been countless developments that have helped realtors to get a grip of the market.

Moving on to after 2010, just as the market was about to saturate, there was a sudden boom in the real estate industry, which proved out to be a positive phase for everyone. Leaving aside the number of unsold inventories and lack of regulations, India went on to become a location with plethora of options for a modern-day buyer. With some of the remarkable cities such as Mumbai, Delhi-NCR, Bangalore, Pune, Chennai, etc., the realty segment of India became every developer’s dream.

Talking about the prices of realestate in India, it would not be wrong to say that buying a property has become comparatively easier. Developers are now able to offer properties that are affordable yet comfortable for buyers. By thinking about the end user’s perspective, there have been a lot of improvements on the end of realtors and the trend is likely to continue for more years to come. Hence, in return of this positive change, buyers are now able to invest without worrying about their incomes.

While in the real estate terms, there is never a good enough time to invest in a property, one can always consider their options before making a decision. As we encounter how the real estate is performing right now, it is rather convenient to say that the market is surely going to pull more profits from the investors and particularly developers. According to the market professionals, the growth being recorded right now is going to continue till the next two-three quarters of the year.


More such policies by government such as home loans and investment profits are proving out to be mighty helpful for the buyers. The regular and mid-income investors who were once cynical about betting their money on real estate are not shying away anymore. The market scenario is on the road to evolution and so is the perception of buyers about the increasing prices of realty segment. Although, many of the investors have now moved on from the orthodox opinion about real estate, there is still a long way to go.

The real estate market of India is a mixed bag of offers for different people investing in it. Therefore, the best way to invest profitably is by getting a thorough research and understanding about the present trends of the market.

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