Overview and
Gurgaon Property Market Forecast
The right time to buy property depends on few assumptions
i.e. if one has enough funds spare without having much pressure on lifestyle
and the financial part if sorted. Once done, the answer varies based on which city
in India. Example in Gurgaon Property Market where the prices have been stable
for last 24 months and in fact have corrected by 6%. Going deeper, any purchase
in the range of 3800 to 4500 Rs per Sq. feet on Dwarka Expressway should be a
real steal. The better the location i.e. projects closer to main roads, the more
return on investment should be expected. On southern peripheral or Golf Course Extension Road, any buying in the range of 6500 to 7000 Rs should only be
considered. Realistically, these prices should stabilize at 10,000 Rs both on
extension and Dwarka expressway once the infrastructure and litigation is sorted
in next 18 months i.e. by March, 2016 giving an easy return of 50% Plus.
Noida Property Market Forecast
Noida property prices have already appreciated quite a bit
and now awaiting delivery of projects which are getting buyers impatient, there
by leading to desperate sales. Any buying in this case should be only
undertaken in the range of 2400Rs to 2750 and should be good in Noida and Noida
Extension areas.
Bangalore Property
Forecast
Bangalore property market is proving quite stable in terms of price,
however the demand has really been affected in year 2014. Any purchase in the
range of 4000Rs in and around NICE road, or 4200 in Electronic city should give
healthy returns in next 24 months.
The basis of above
price appreciation is
1) Stable government at center for next 5 years.
2) Domestic push in manufacturing and made in India programs should push productivity, and any surplus funds ideally could be invested in Real Estate.
3) There is global correction on Stock market expected which should last till March 2015, giving alternate opportunity for investment in Real Estate.
4) Easing of global oil prices should make business productive thereby giving opportunity for investing of surplus funds may be in Real Estate.
5) Only go for projects, which are clear of litigation, and trusted developers who has capacity and deep pockets to deliver. The details on India Real Estate can be found on BuyProperty.com
1) Stable government at center for next 5 years.
2) Domestic push in manufacturing and made in India programs should push productivity, and any surplus funds ideally could be invested in Real Estate.
3) There is global correction on Stock market expected which should last till March 2015, giving alternate opportunity for investment in Real Estate.
4) Easing of global oil prices should make business productive thereby giving opportunity for investing of surplus funds may be in Real Estate.
5) Only go for projects, which are clear of litigation, and trusted developers who has capacity and deep pockets to deliver. The details on India Real Estate can be found on BuyProperty.com
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