Wednesday, 25 February 2015

Property Trends in South Delhi

Property Trends in South Delhi :

Generally it is said, that property value goes up with time, but there are exceptions too rising from the market trends. A similar price downfall has been happening in certain areas of South Delhi.

Property Trends in South Delhi

In the recent times, several types of discounts were being offered to customers by developers on almost all projects, be it residential or commercial. But now with the oversupply of houses in South Delhi areas, developers are even ready to negotiate for sale of their houses.

All this is a result of the slowing down of economy in recent years that developers as well as investors are finding it real hard to have to negotiate with customers for their final sale. The areas which are worst hit by such crisis are Defence Colony & Vasant Vihar in South Delhi. For now, developers & investors can only hope that the economy rises and it becomes a win-win situation for them soon.

Properties in Ghaziabad

Properties in Ghaziabad:

Ghaziabad is an area that primarily serves the middle class for housing. There are several densely populated areas in Ghaziabad like Kaushambi, Vaishali and Indirapuram and several new areas are coming to the limelight too like Raj Nagar Extension & NH-24 which includes the Cross Republic Township as well.

Properties in Ghaziabad
 
 When looking into properties in Ghaziabad, we analyzed that the development in areas that are very populated and already occupied like Kaushambi, Vaishali and Indirapuram has come to an end due to the lack of area and space for further extension.

All the new projects that are under construction now in other areas are for premium and upper economy class with prices ranging from 5,000-6,000/sq. ft. With plans of metro also reaching Ghaziabad now, the rates are very likely to shoot up in all established areas as well as areas that are under construction and would be linked to metro.  Concluding, properties in Ghaziabad are now being developed keeping in mind the upper middle class .

Properties in Faridabad – Infra Doctor

 Properties in Faridabad :  Seeing the present real estate market trend, Faridabad is one of the most preferred regions for investment. Be it residential sector or commercial sector, properties in Faridabad are growing at a very fast pace and this is a huge opportunity for investors to plunge in. Several investors have already started putting in investments in Faridabad in residential and commercial sector.

Properties in Faridabad

    Even the rental properties in Faridabad are at a rise along with buying of properties in Faridabad. The development in Faridabad can be measured with the number of malls, multiplexes, residential complexes and commercial complexes that have developed here. All these create an essence of a hi-tech society for those who are living here as well as those who visit here. Overall, compared to growth of real estate in other areas of Delhi, recently after thorough survey we can say that the properties in Faridabad are on the rise at a very rapid rate and it’s the best time for investment if you are planning to invest your money somewhere for immediate profit.

Monday, 23 February 2015

Buy Property in Noida Extension

Buy Property in Noida ExtensionA lot of people are planning now a days to invest in properties based in Delhi & NCR especially Noida and Noida Extension. As Noida Extension is proving to be a hotspot currently for property investments, most investments are being pulled by it.


 Several big property giants like La Residentia, Gaur City, Paramount, Supertch, etc. are investing huge amounts in several sky high towers in Noida Extension for residential as well as commercial purposes . Thousands of outsiders from NCR have already invested in such properties in Noida Extension and are several being booked daily. If you wish to see your money double up that you invest in property today, we would like to advise you to go for any of the above properties in Noida Extension. As the construction work that's in progress in these areas is beyond high class, your money is surely about to be doubled in next couple of years.

Resale Flats in Dwarka

Resale flats have also been an area of interest for buyers. There are numerous advantages and disadvantages of resale flats. Today we will talk about the resale flats in Dwarka, as well as their pros and cons.

Pros of Resale Flats in Dwarka:

The most important and prime pros of buying resale flat in Dwarka is that the price of it is much less as compared to that of a new flat. According to current market trend, the price of resale flat in Dwarka is lower by at least 20% as compared to the price offered by developer after construction. And due to this, at places like in micro- markets where the sales have shown a down trend in recent times, the gap has widened between the primary and secondary / resale market.

  Resale Flats in Dwarka_Infra Doctor Investors who generally purchased a couple of flats in Dwarka earlier for the sole purpose of resale at a later stage are now finding it really very hard to sell even at the prices at which they had purchased them a couple of years ago. Now to safeguard their situation many are even selling at a lower price just to recover as much as they can of the base price invested. The second most important pros of buying a resale flat in Dwarka is that unlike when you buy a developer’s apartment where you get possession after 2-4 years approx, here you can get the possession within 6 months. Often buying new flats has the risk that the project might be delayed or called off due to some reason, but in this case of resale there are no such risks.

Cons of Resale Flats in Dwarka:

The biggest con of purchasing a resale flat in Dwarka is that the seller may ask for payment in cash so that he can bypass the tax step on gains. In such cases it becomes most tough for the salaried class of people who depend most on bank loans for all such purchases in life. If he / she buys a flat from some developer then he has the option of paying in standard installments which makes him at ease. Buying a flat in resale market means that there will be immediate outflow of large amount of cash from you at once for which you might have to show the source of earning too if tax department asks for it.

Conclusion:

Keeping in mind above pros and cons, we at Infra Doctor.com would suggest all to go for primary flats sale in Dwarka until and unless you have complete money at hand for disposal along with proper sources of it when buying a resale flat in Dwarka.