Mar 2018
22

What is Trending in Indian Real Estate Market?

By Zricks.com
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What is Trending in Indian Real Estate Market? Update

Real estate has gone through a lot of ups and downs since last year. However, it picking up again in this year thanks to a few reforms and depreciation of the steep pricing thanks to a recent in the real estate market. However, if you are looking to make a good profit from this sector, it's best to keep a track of a few trending things that will help you have a better track record this market as compared to other hopeful aspirants:-

Buy apartments in the outskirts or suburbs where highways are being constructed or another property is also being developed. An upcoming area gives more returns than a developed area.

  1. Renting is more in the phase than buying as compared in the top cosmopolitan sector. Especially near the main commercial hubs of the cities.
  2. People prefer checking out properties online than go through offline listings. However, despite that, people still prefer to for at least one site visit before sealing the deal.
  3. Places like Bangalore, Pune, and Delhi are trending.
  4. People are choosing apartments which are furnished and on a long-term lease.
  5. People prefer multi-storeyed flat complexes than normal houses.
  6. Single working professionals are opting to live in a flat on their own rather than families.
  7. People looking for pet-friendly properties more and more these days.
  8. People prefer doing their financial dealings in the digital world, rather than cash or cheque on hand.
  9. Most people have assisting brokers online to help them give a steady advice during any transaction.
  10. The spending capacity of citizens has increased, and thus people are looking for better flats with more amenities.
  11. Prices will be coming down and the overall capital cost will decrease and be stabilized.
  12. There will be many upcoming deals and offers as there are a lot of flats and properties that could not be sold last year and need to be cleared before the new stock enters the market.
  13. Luxury flats or penthouses are preferred and are being bought in equal fervor as compared to economical options as well.
  14. Safety of the neighborhood and greenery is also a major factor in choosing a particular property.

Thus these are just some of the many trends that are being followed in the real estate world right now. Of course, there are more points, but I think we got all the main ones covered. So if you are looking for a good apartment to invest in and reap well from the real estate, just follow the above points and get to work. If your property has good points which match the above points, chances are your property is in high demand and will have higher values than the other properties.

Updated: 3/22/2018 12:47:58 AM
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