Most people who intend to buy properties get into a dilemma about what to buy and how to buy. If you pick the right spot to invest your property in, you can be rewarded with a handsome return on investment, whereas if you take a wrong decision then you will have to pay a heavy amount through real estate professionals. India's real estate market has been faltering for quite some time as the country's economy remains under stress. Real estate plays a very crucial role in the development of the economy. It emerged as a popular sector.
The Indian real estate market has continued on a secular upward trend. Investing in real estate is a must on continual basis. Real estate company is the second largest employer after agriculture. The real estate sector is expected to grow in the coming years. The property prices do not remain stable and continuously increase or decrease, providing a nice opportunity to the buyers as well as the purchasers. The commercial real estate is also growing significantly, catering to India's growing needs of infrastructure.
Despite adverse conditions, property prices in most cities have been holding ground for a long time now. The primary reasons for the slowdown are strict monetary regulations due to high inflation. Though the pressure on real estate builders & developers for builders projects is immense and rising, the real estate market by its very nature is localized with each location having its own dynamics. The recent growth in the Indian economy has stimulated demand for land and developed real estate across industries.
Many areas of Delhi, mostly prime South Delhi locations, have seen a price fall of 10-12% compared to a year ago. There has been a 5% price rise on the Noida- Greater Noida Expressway. Builders, meanwhile continue to launch new projects and use innovative techniques to increase sales by top real estate portal. If builders drop prices, investors will undoubtedly begin to panic. That is why as of now builders are already stopping work on projects. The Indian real estate market size is expected to grow by 2020, whereas prices have remained more or less stable in Mumbai.
