Real Estates In Chennai Saw Loss Of 1100 Crore

Real estates in Chennai have been facing a slump since a very long time but the drop in registration numbers has been drastic after the demonetization drive. The last quarter of the year is usually a festive time for the industry as due to festive season many people look to buy Kundrathur flats for sale and other property sale in Chennai. However, this year due to demonetization the state government has recorded a notional revenue loss of Rs 1,100 crore according to some estimates. The capital city of Tamil Nadu also saw a 46% drop in the sale of apartments, in the last quarter of the 2016.

A report recently launched by Knight Frank India here on Tuesday highlights that 2,321 units were sold in real estates in Chennai in the last quarter of 2016 as compared to 4,299 units in the subsequent period of 2015. This highlights volumes of Kundrathur flats for sale and other property sale in Chennai have seen a drastic drop due to deal cancellations as sellers were unwilling to accept old notes. The maximum impact has been witnessed in agricultural land, residential plots and flats. The commercial and industrial units in real estates in Chennai will not be much effected as these transactions are not cash based. Not much affect will be seen in the primary market also as there too most of the big builders prefer to conduct only cheque transactions.

The real estate experts believe that slump in demand will lead to price corrections anywhere between 10-20 %. Unorganized and individual owners and the secondary market of Kundrathur flats for sale and other property sale in Chennai will be the worst impacted in short term. However, in the end the move will bring in transparency, clarity and credibility in the real estates in Chennai.

TATA Value Homes Destination 150 Good Investment Option

Many real estate investors are considering TATA Value Homes Destination 150 as a very attractive investment tool. Firstly the TATA Value Homes Destination 150 price is very attractive as the project is in the pre-launch stage secondly the housing society is located in an area which is going to undergo huge infrastructural transformation in the coming few months. With time the demand for housing is also set to increase in Noida as several new companies will open up offices here. Today although there is an oversupply in the residential sector but soon these properties will be absorbed as more and more people will migrate here in search for good employment options.

In addition, many others working in other parts of NCR may also look to purchase a unit in Noida due to affordability factor. So most likely, the demand and supply gap will the bridged sooner than expected and the prices will see good capital appreciation. Currently since the entry TATA Value Homes Destination 150 price is very low, the investors might earn good ROI. In addition, as the project will near the completion stage the TATA Value Homes Destination 150 price will see good appreciation due to increased interest from end-users. The investors can also expect to get good rental appreciation till the time they hold their investment in TATA Value Homes Destination 150. Overall investing in TATA Value Homes Destination 150 is going to prove hugely beneficial, as even if the investor does not want to exit the project the buyer will earn good and stable rental income. Excellent facilities offered by the housing society will also attract higher rentals as people will be willing to pay more in exchange of benefits and convenience. Overall, the project is an excellent investment option for all the real estate investors.

Charges On Land Use Conversion Reduced In Lucknow Real Estate

The Lucknow real estate has seen a major decision that will radically change the overall scenario of the sector. People can now change the land use of the property at a relatively reasonable cost. This might boost the prospects of property for sale in Lucknow. People who had earlier bought flats in Gosianganj for sale or any other residential property for sale in Lucknow had to pay a high cost to convert the same for commercial use. However, looking at the slump in the Lucknow real estate the LDA (Lucknow Development Authority) will now allow conversion charges according to the LDA sector.

Earlier the conversion of flats in Gosianganj for sale or any other residential property for sale in Lucknow for commercial use was done on the DM circle rate. This move will significantly lower the conversion charges and it might even lead to revival of sales volume of flats in Gosianganj for sale or any other residential property for sale in Lucknow as compared to the DM Circle Rate the LDA Sector Rates are almost 30-40% cheaper for any area.

People who wished to convert residential space s to commercial needs will have pay 100% of the property value which is based on LDA sector rate as the conversion charges. However, people who want to convert these spaces into office will just have to pay the 50% property value based on LDA sector rate to civic body. Till now several properties in Lucknow real estate have got approval for change in land use. Several users were unable to pay the whopping 100% conversion rates according to the DM circle rate, so the moment the announcement was made by the LDA, many people rushed to the civic body’s offices to get the residential land use changed to commercial or official use.

TATA Value Homes Destination 150 Offers Affordable Homes Laced With Luxuries

TATA Value Homes Destination 150 is a project that aims to offer spacious 2 and 3 BHK residences to buyers. Many people are waiting for the project to launch so that they can make a decision about investing in the project after taking a look at the TATA Value Homes Destination 150 reviews. But after taking a looking at the available information about the project the real estate experts are giving positive TATA Value Homes Destination 150 reviews about the upcoming project. According to them, the facilities offered by the housing society are unmatched and are not being offered by any other builder at  such an affordable price.

Excellent location and the upcoming infrastructure of the region are also some of the prime factors that have helped the project to get encouraging TATA Value Homes Destination 150 reviews. The proposed metro line extension and expressway construction will offer many connectivity benefits in the coming few years. Living in airy and spacious homes of TATA Value Homes Destination 150 will make the residents feel free like a bird. Facilities at the upcoming project will allow people to enjoy a modern-day lifestyle  and enjoy quality time with family and friends. The huge green cover in the area will allow the residents to breathe easy as they will have ample access to fresher and cleaner air.

TATA Value Homes Destination 150 laced with world-class outdoor amenities as well as high-tech facilities will truly allow you to leave in peace. Currently the project is in the pre-launch phase and still it is generating a huge buzz in the real estate market. It is expected that soon the project will see a huge jump in the sales volume of its apartments. People are advised to make a investment in the project if they are looking to purchase an affordable home laced with luxuries.

Strong Dollar Attracts NRIs To Invest In Properties In Bangalore

As the dollar strengthens against the rupee many people are looking to invest in Silicon valley of India. Many NRIs who wish to shift back to India after retirement are looking to invest in flats for sale in Harlur and other Bangalore properties. The demand is more towards luxury properties in Bangalore. The builders are also going all out to attract PIOs and NRIs to invest in their project as the demand from the end-users and local buyers is touching all time low, thanks to the demonetization drive announced by Prime Minister Narendra Modi.

NRIs that have high paying jobs can pay all the payment though legal routes and they are therefore being looked upon as a good potential market segment. NRIs too are looking to get good discounts and value added services while investing in flats for sale in Harlur and other Bangalore properties. To please NRIs many builders are building projects keeping in mind the needs of NRIs. Either in such projects the sale of properties in Bangalore happens only through invitation or only NRIs are allowed to invest in the project. Real estate agents also affirm the fact that they regularly receive enquires for flats for sale in Harlur and other Bangalore properties from NRI investors.

The real estate market is currently in an almost a stagnant situation, infact people are currently not even enquiring about new projects or new properties. However, with NRIs the situation is entirely different, as they are interested to invest in properties in Bangalore after the city showed a drop in real estate prices after demonetization. The strengthening of dollar has made the deal even more lucrative for them. However, inspite of strong dollar and good discounts they are still negotiating hard to get the best deals from a desperate real estate builder.

Buying A Home In Tata Value Homes Destination 150 Can Give Good Returns

TATA Value Homes Destination 150 is an upcoming development spread across 20 acres of land. The project offers 2 BHK and 3 BHK residences at highly competitive TATA Value Homes Destination 150 price. The development will offer beautifully designed residential unit whose layouts will range from 1100 Sqft to 1575 Sqft. End-users and investors have already become interested to buy a unit in the project. The TATA Value Homes Destination 150 price can be paid according CLP (Construction-Linked-Plan).  According to this plan, only 10% of the total TATA Value Homes Destination 150 price has to be paid at the time of the booking. The rest of the amount has to be paid according to the residential unit construction status. The final payment of 5% of TATA Value Homes Destination 150 price plus other charges has to be given on unit possession.

The CLP has made it very easy for genuine buyers to purchase a unit in TATA Value Homes Destination 150. The project also offers excellent facilities that are attracting the buyers’ interest.  There is a lot of infrastructure development planned for the region and therefore several people are looking to buy a property here in hope that the project will give them good returns in the future.

Buying a unit in TATA Value Homes Destination 150 is definitely a good investment decision as it the locality is constantly growing and developing. The excellent connectivity to other NCR cities is also prompting people to buy a property here. The locality enjoys easy accesibilty and connectivity all thanks to wide road networks like through Yamuna Expressway, Noida-Greater Noida Expressway, DND Flyway, etc. The proposed metro line extension will future boost the connectivity of the region. People who are looking to buy a property in Noida should definitely consider buying a home in TATA Value Homes Destination 150   as a serious option.

The Dynamics Of Real Estate In Ahmedabad Have Changed Dramatically

The real estate in Ahmedabad has in the recent times been hugely in focus of the investors. The city has seen a shift the demand paradigms earlier there was more demand for affordable properties in the city but now most of the people look to buy luxury properties here. Looking at the increase in demand the developers too have stepped up their efforts to offer customers with abundant supply. Several projects have been launched recently offering flats in Motera for sale and other flats in Ahmedabad. All the projects have been launched keening in mind the need and desires of investors.

Some projects in real estate in Ahmedabad have been launched only to cater to needs of NRIs who one in a while visits the city and they need a place in the city to reside for short-term basis. Builders of flats in Motera for sale and other flats in Ahmedabad who are offering themed projects are now witnessing a huge demand for their units. Freebies and discounts do not incite the investors as much as quality construction and good facilities. Good quality construction ensures that the project will get good ROI after the investment horizon period. If the construction quality is not good not many people will be interested to invest in the project after a few years and this might lead to huge loses to the investor.

Most of the builders of flats in Motera for sale and other flats in Ahmedabad are therefore more interested to offer value ads than offering discounts. Unlike other realty markets, the builders of real estate in Ahmedabad do not offer many cash discounts to finish off their unsold inventory, as their focus is more on offering quality construction. In the last few years the dynamics of real estate in Ahmedabad have changed drastically but the sector has always performed well due to ever growing infrastructure.