Favorable Time to invest in the Indian Real Estate

The rupee is depreciating everyday against the dollar. The stock market is ranking. These two seems to daily news headlines for some days now. While the currency market swings and has its effects on the stock exchange, the residential Indian Real estate is on buoyant position. With fast urbanization in the cities, buyers are using the real estate as an investment option.

The present realty picture for the Indian real estate is rosy.  Take the example of cities like Bangalore, a rapidly developing city that has demand from buyers across various price points. The growing number of employment opportunities in the city and more entrepreneurs showing interest in Bangalore properties, the demand is surely rising.

To investors, this is the good time to invest in property. Investing in the Indian real estate sector is a better option that in uncertain equity-based investment options. There is no doubt that property is a long-term asset, similar to equity. In addition, property is a tax efficient tool and generates good rentals in the temporary period. In addition, another good reason to invest in property in that returns on property is more as capital appreciation in realty registers more in the long term. And the best part, investing in property is more risk-free than equity as real estate is not as liquid as compared to equity funds.

Considering these factors, the Reserve Bank of India (the central bank of the country) has cut the repo rate in its last credit policy. This move will lower the home loan interest rates and as such will be a good move for the India realty space. The property rentals have recorded a rise as commercial development in the cities is coming up.

Solar Energy to Benefit the Realty Industry of India

The India Property development picture presents less use of solar energy. Solar Energy resources are tapped by various other sectors, yet it’s in the nascent stages of use in realty sector of India. This is slowly getting importance and many new real estate projects including residential units are installing solar power plant. Houses with solar power plant on the roof are being constructed. There are many benefits of installing solar units in construction of commercial real estate projects.

Government Policies and Subsidies in installation of solar power generation units:

In India, realty projects will get a subsidy between 30-70 % on installation of solar power plant on rooftop. Government also provides about 80% tax benefit for rooftop solar plant to realty projects.

Property Developer and Builders Benefits from this technology:

The solar technology adds a green image to the realty ventures. Builders and property developers can cash on this visible green image. This technology will not only add environment friendly tag to their projects but also increase the value of their roofs.

Many Developers are installing Solar Projects:

With the constant rise of petrol and diesel prices leading to high cost of consumption, many developers install solar power plants. A new Gurgaon properties is coming up where the developers are installing solar power plants in rooftops. This way the developers will save on expenses and can provide free energy in few years. Also, the environment will be saved.

Less demand of solar energy technology from the India property sector, expected to grow in the coming years:

Manufacturing units, industrial enterprises and commercial units are adapting this green energy. They are tapping this form of energy and generating power. It is expected that in the coming years, residential societies will install this technology. Many educational institutions and office units are also using the unused space to install solar rooftops.

Demand for residential property growing in Chennai

The real estate sector in India is known to be the most prosperous sector in the present era. Talking about the job sector or the business industry, real estate tops the charts in every area. The increasing standards of the lifestyle of the people in India have resulted in a great push for the demand of residential properties across the country.

One city which has been witnessing steady growth in the real estate sector is Chennai. The properties in the residential sector of the city are in high demand because of a number of MNCs and IT companies forming their basis in Chennai. There was a downfall seen in the properties in Chennai because of the global slowdown but, the city has bounced back quite easily. With the country’s economic condition coming back into action, the real estate in Chennai is also regaining its identification.

This can be credited to the constant increase in the demand of the residential properties in Chennai. The surge in demand has lead to increase in prices and is resulting in construction of many new projects in the city. The nature of the city being driven by majority of end users is also one of the important reasons for such high growth in demand. The need for residential properties can be seen majorly in the category of the affordable housing where many people are investing their valuable money. These affordable houses are in reach of the middle class people and provide comfortable living with good standards of living.

Also, the new projects launched under the banner of properties in Chennai are largely sold out in the city itself. The market of Chennai is known to be self sufficient because of which there is not much influence of the global market resulting in a smooth progress of the real estate Chennai.

Studio apartments in demand!

The fashion statement in today’s world is not only applicable on the clothes you wear, the accessories you carry, the car you drive but, the house you live in also matters a lot. The house or the property you own, portrays a lot about your personality type and the lifestyle you possess.

The real estate in India is developing and creating more opportunities for the families to have a home of their own. With more of bachelors looking for rented houses in Gurgaon properties, property in Noida, Goa property, Studio apartments have become a popular trend among them. These apartments are of smaller sizes in which one large room serves the purpose of all (living room, bedroom and kitchen). The bathroom in a studio apartment is attached with the room and is of very small size.

These apartments are usually made for bachelors who live away from their families in other cities. Hyderabad real estate, properties in Gurgaon, Bangalore are witnessing such developments in the Indian real estate. This is due to more of job opportunities in these cities. Studio apartments can generally be seen taken on rent by bachelors or smaller families. Also, the rents of these flats are comparatively very less. It is basically a foreign trend which has got popular in our country with more of bachelors looking for rented houses in metropolises.

These have also been termed as efficiency or bachelor apartments in many countries. If you are unmarried and looking for accommodation in Gurgaon properties or Bangalore real estate, then studio apartment is the best option for you. They can be easily searched online in the top property portals of India. These web portals provide the locality description, facilities, photos and other details about the property which helps you in choosing the best house for you.

Positive results for real estate this quarter!

Real estate in India has seen immense growth in the past few decades because of the increasing lifestyle standards of its citizens. The ability of the Indians to afford a house for themselves has boosted the sales in the India property. Talking about the capital city- Delhi, it has seen a 360 degree transformation in the recent times. The development of NCRs like Gurgaon, Noida, and Ghaziabad has added to the value of the capital. New projects in Gurgaon and other NCRs have certainly set new standards for the Indian real estate. From residential to commercial to retail, all type of real estate projects are being built in these areas.

IT parks and cyber plazas are the new names for office spaces in India. The ambience, infrastructure and comfort provided to the employees at these places act as the motivation factors for them. Not only this, the residential colonies, apartments, studios, are giving new definitions to the lifestyle of the people living in these areas. All these developments have been significantly taken from the foreign society but, a lot has also been inherited from the traditional Indian culture. The architecture of the Gurgaon properties have been designed keeping in mind the values and the mindset of the Indian society. All these developments have attracted a number of buyers for the same, leading to positive results for the Indian real estate.

The profits in the India property sector are a result of the increased salaries and overall growth of the Indian economy. So, overall we can say that the achievements made by the country are reflecting positively on its real estate sector. According to experts, the property in Noida and other NCRs is going to boom further and so would be the prices of real estate in India.