Current Issues That Are Bothering Real Estate Market In Noida By Expert Author Vinay Kumar

While the commercial absorption of space in Delhi NCR increased by 22% in 2013, Noida’s realty market did not see any appreciable growth. With the recent execution of DDA’s policy to implement its Land Pool Policy, about 70,000 acres of land is expected to get vacant in Delhi itself. This will further impend the real estate growth in Noida and Gurgaon. The market has been sluggish in Noida particularly, where builders are busy launching new projects at a very rapid pace. The rate of absorption of residential market, however, has not bee able to catch the pace.

 

Noida properties witnessed another setback when the land allotment rates were appreciated in Greater Noida. A hike of about 10% shall be applicable on all types of land allotted. This appreciation is more than that last year’s 8.5%. This hike, as announced by GNIDA(Greater Noida Industrial Development Authority), shall be applicable in the coming April. The authority has been at loggerheads with the land farmers to whom it shall have to pay more compensation.

 

Plots that are meant to be used as residential properties in Greater Noida have undergone appreciation. These prices are expected to see a further boost after Lok Sabha Elections that are to take place in 2014. In light of political uncertainties, the properties in Noida are expected to see a steep rise. As the investors as well as buyers are wary of the new policies that shall come up after election, they have been postponing their plans. Even the investors with big deals have stopped taking any genuine interest in rolling out money at present. They need to wait until after new rules come into vogue.

 

Yet another problem that Noida real estate is encountering is the tight liquidity of properties. With low absorption rate, the developers and builders are facing problems selling off their projects. With the liquidity rules made all the more stringent by Reserve Bank of India, the problem faced by them has increased manifold. The flow of funds to Noida’s realty sector has witnessed a decline of about 25%, thus hitting its economy hard.

 

Noida Extension Flat Owners Welfare Association(NEFOWA) is facing problem in light of the recent announcement by Allahabad High Court to return land to the real owners, i.e. farmers. The current owners of flats are in dilemma as they have already purchased the properties. These matter are of serious concern and require immediate attention on part of authorities.…

Considerations While Choosing Real Estate Developers By Expert Author Mahaavir Universal Homes

Real estate is once again booming and you could see many advertisements featuring residential and commercial projects at lucrative prices. So, it is investment time for you! However, it is important that you choose real estate property developer Mumbai wisely as it is your hard earned money and should be invested judiciously.

You might have across real estate services Navi Mumbai offering you 8020 schemes, fully modular kitchen, ACs in all rooms etc. Do not get swayed by these offers. Look into the project detail with great caution. In the modern times, most of the real estate property developers Mumbai have a website wherein you can get a glimpse of the work done by them.

Look for the upcoming, completed and ongoing projects. One good thing you can do or rather say should do is to visit the site where the project is going on or is yet to come. You can get an idea of the nearby areas, connectivity with rail, road, availability of basic amenities like electricity, water, other projects etc.

You can even gauge the construction quality by visiting the completed projects. Talk to the people residing in the premises if possible and try to know more about real estate property developers Mumbai. Delivery of the project on the promised time is also important. Try to check the same with the previous projects.

After you are satisfied with all the things, it is now turn for the costing. Inquire about the ongoing rates in the area and then compare it with what your real estate developer is quoting. Do take in to account the amenities and then find out the right cost. One can also hire real estate services Navi Mumbai to get all the information about the project you are interested in. Such people have a good knack of the area and know many things planned for the future in the area though you might have to spend a bit in the form of commission to them.

All the search is important even if you are planning to buy a space for investment purposes only. This will help you get good returns when it is time to sell off the property. So, get set go, choose the right real estate property developer Mumbai and ensure that you have invested the money at the right place and at the right time.…

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Condo Rental Toronto By Expert Author Joye Mckellips

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