Investing in a property helps in building an asset for an individual whether for earning extra income or securing it for retirement. A vacation home is one such example of property investment that not only helps in saving the vacation living cost but also helps in earning rental income. However, as said that every investment requires proper research and careful planning, the same is the case with vacation homes too.
For those who are looking for a property for end use, there are plenty of options available in the National Capital Region (NCR). However, it depends on how soon you want to move in to your new home. If you want to shift within a year, you should look for properties that are close to completion. Some projects that will be completed within a year include Lotus Greens Panache, Lotus Greens Boulevard, Supertech Cape Town, etc. Several options in resale are also available if you want to shift immediately.
For those who plan to shift within 3 years, there are several newly launched projects in Noida. Lotus Greens Sports City is one such project. Located in Sector 150, it enjoys good connectivity with prime areas of NCR. Large sized flats with premium facilities would be available at a rate of 4,500-5,000 per sq ft. If your budget is Rs 1 Crore, you can easily get high-end homes for a price of around Rs 90 lakh. [Read more…]
After the coming of Modi government, the second half of year 2014 proved to be the phase of recovery for the realty sector. The property prices showed an upward trend for both residential and commercial sector. A revival was seen in the buyers’ and investors’ sentiments. They have started giving much preference to the condition of infrastructure and security before buying the property.
The market saw an increase in the demand for affordable housing. There is a larger segment of end users who prefer affordable houses in smaller configurations. The demand for properties below 30 lakhs was seen in almost all the cities across the country including Delhi, NCR, Bengaluru and Chennai. Also, the buyers seem to be more inclined towards apartments than villas and builder floors. When it comes to investment in property, Delhi NCR tops the charts. [Read more…]