People often get confused about whether they should buy a commercial or a residential property. But there is not any right answer to this question as it depends on your choice and your financial budget of real estate company. Many leading real estate markets continued to see a dip in their absorption rates. The dip in absorption rates and rise in unsold inventory has also forced developers to delay their projects.
With thousands of people migrating to India each year in search of better job opportunities leads to an increase in the housing demand. There has been a significant increase in residential projects under development since the past few years and this would increase supply in the real estate builders work. The realty market is seen to be undergoing a correction. While a slowing investment and construction by as much as 10% would definitely reduce growth.
In terms of residential price of house for sale, India is seen to be the weakest, with prices in the latter group falling on a continuous basis. To make matters worse, developers have been reluctant to cut prices because it may lead new buyers to stay on the side, thinking that prices will depreciate in the future of real estate agents. In terms of demand, the market is prone to speculation since housing has shown the biggest returns over the last decade.
The average residential price growth started to turn negative since the past few months. The real growths in investment fell to a great extend in the year 2014. Residential real estate generally is a real estate property that the owner buys and uses as a primary or secondary residence. Whereas Commercial real estate professionals is a property type that is primarily intended to generate income for its owner of real estate agents website. When compared to other Indian cities, Hyderabad is the only city which has displayed a less than robust trend in terms of new residential launches over the past few years.
