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 .