Monday, February 9, 2015

Sources say : Property prices may come down in Delhi pose colonies.



Some of the leading business analysts are expecting huge down in the property prices in coming months. JLL India says, south Mumbai property prices have probability to come down. The same way other reliable sources are telling the prices of Aurangzeb Road , Moti Bagh , Patel Nagar , Prithviraj Road etc. prices have also declining symptom. But the real estate sector of Noida and Gurgaon are showing the raising trend and prices of residential and commercial project of these regions are expected to increase. In the following lines we are going to discuss the causes of rise of prices in low budget apartments and decline prices of multi-billion dollar established properties in delhi-ncr.
As we all know that India has seen many economic debacles in recent time and high degree of inflation in few years ago, after that few months ago election happened in India and India is blessed with great leadership and stabled government. Due to economic debacles and high price rise has compelled the rich people , capitalist , industrialist to curb their investment and which resulted their slow economic growth. Due to their low economic growth in recent past brought the situation of depreciation of high price properties because these high price properties can be sold and purchased by rich people and as we know the rich people economic growth rate are not up-to desire level so these property prices are slowly going down.
But the real estate project of Noida and Gurgaon are largely concentrated by upper and medium economic class people and they are quite comfortable to invest in these kinds of apartments Civitech Florencia is one exceptionally good project keeping high demand among industrialist  investors, end-users , middle class people and upper middle class people. There are many great appreciating facts are associated with this project which gives high demand in the market. As we all know now the government of India is working marvelous on global front and it is expecting that  in coming time the demand of real estate property will be high in delhi-Ncr. So this is the bright time to buy property in India. It is advised to rich people to buy property of Aurangzeb road, Tuglak road etc. and the middle income group should buy real estate property in Noida and It is also advised to the poor people they should buy property on NH-24 .