There has been an overall slowdown in real estate industry and various industry players have been affected. Some factors responsible for this slowdown can be increase in interest rates, slowdown in IT industry, increase in property prices, and increase in interest rates loan rates because of which many property buyers have stepped out of market. But somehow this slowdown can bring happiness to those middle class buyers who have been eagerly waiting for the property prices to come down. In major cities such as Delhi, Mumbai, Bangalore, Chennai and Hyderabad real estate market has come down. Also because of increase
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Suvarnabhoomi – Real Estate In Hyderabad
The city of Hyderabad is known for its age old history that goes back for more than 400 years. The development of this great city is astounding as there is a lot of change that made this city grow into a bigger and a better place to stay for any from all over India. As per the information in 2008 the estimated metropolitan population of 6.7 million and as this beautiful city is known for its information technology savvy governance and ever increasing multinational companies that harbor employees from all over India and the world made the city grow more
Continue readingChennai Real Estate- Victim Of Market Slump
Real estate in Chennai is on the verge of a crashing market, believes industry experts. Chennai property prices have seen an escalation of almost 200 per cent in the last few years. But with the global slump in the real estate industry Chennai real estate has also slowed down. Number of Chennai real estate developers has been able sold only a few of their properties in the last quarter. R Mohanty, real estate agent from Chennai states, “The residential real estate prices in Chennai have grown by leaps and bounds making it difficult for buyers to purchase a home in
Continue readingGrowing Demand Of Real Estate In Dehradun
Real estate market in India has witnessed multi-level growth in the past few years. As per the industry, the upward graph has no chance of reaching down or even no chance of coming flat for next few years. Lots of activities that include residential complex development, commercial real estate development, retail space development, etc have driven the Indian real estate market. Apart from metropolitan cities, property prices of small cities in India are rising fast. Owing to tech boom across the country, property in Indian is attracting more investors, most of them from abroad. As per the sources of real
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