Glace of the real estate sector so far
Real estate is one of the fluctuating sectors of Indian economy. Indian real-estate has seen an enormous transformation towards growth in recent years. From past couple of years, the real-estate sector has dipped gradually and the field has seen unsold inventory and facing delays in selling the properties. In 2018 – 19 the sector is marching forward towards growth. Property prices have remained more or less stable due to the competitive pricing coupled with the fact that the real estate market is driven by the end-users in cities like Bangalore.
|Real Estate Forecast Anticipation 2019|
Along with the introduction of many policies the real-estate market has shown the stable growth from the inflation. Since 2016, when the government introduced policies like RERA, demonetization, and REITs these have brought a huge impact on the real-estate sector. Further 2017, the government of India introducing GST and FDI have further brought in transparency but have affected the growth of the field. These policies have brought in great reforms along with significant contributions making the field stable in 2018.
Hence 2018, is the starting year for the Indian real estate growth story.
What’s in for 2019?
Funds flowing globally into the real-estate field raising the investment opportunities and income along with the introduction of Foreign Direct Investment (FDI), NRIs and foreign investors find the Indian real estate market more reliable than before.
With the introduction of RERA, GST act and The Benami Transactions (Prohibition) Amendment Act 2016 the business models and work ethics of developers have improvised and has become more ethical bringing in the transparency in investment. Domestic and foreign investors are gaining more confidence in investing in the real estate field for profitable returns. These laws make sure that the deadline is been fixed for the projects to be completed. The time is not delayed so that the investor won't suffer a loss on the delay caused.
Housing demand has increased significantly in urban areas due to the migration of people from rural areas. Affordable housing projects are mushrooming in all corners of the country. The affordable housing part of the real-estate field is expected to be the factor of growing Indian economy. The property experts are predicting a phenomenal growth rate of over 30% in the medium term in the coming years. So 2019 is expected to be the fruitful and profitable investment year with the growth of the industry.
Before heading towards 2019, make a land asset by investing in the property like Godrej Reserve Plots developed by the eminent developer the Godrej Group in the best area of Devanahalli in Bangalore.
The best property to
invest in 2019 – the Godrej Reserve Plots
Godrej reserve plots are nestled among 60,000 trees for the healthiest and nature-friendly living with best in class amenities. Have the pleasure of living and waking up to the chirping of birds and have a peep of nature at your doorstep all day. The project is built in the forest theme environment. Godrej Properties have done a lot of base work keeping in mind to preserve nature and to create a micro-forest for the most comfortable living of the residents.
Godrej is the supreme an ISO certified branded developer known for constructing retail, commercial, residential, and industrial spaces across the various cities of the country. Godrej Properties are the leaders with the business presence in 12 major cities of India like Mumbai, Hyderabad, Chandigarh, Chennai, Ahmedabad, Pune, Nagpur, Gurgaon, Mangalore, Kochi, Bengaluru, and Kolkata. The Godrej Group are listed in the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) markets. Godrej Properties has received 200+ awards and recognition for their outstanding contributions to the civil development field.
Plots are created in multiple configurations and can be customized as per your requirements. Lands are developed in the configuration of 30X40, 30X50, 30X60, 60X40 and 80X40 with loads of amenities. The plots are in the affordable price tag for the reach of all the range buyers.
The 30X40 site will cost around 45 Lakhs*, 30X50 dimension plot are priced just at 55 Lakhs*, 30X60 dimension plot is valued at 70 Lakhs*, a wide 60X40 configuration plot is priced approximately at 90 Lakhs* and the wide configuration plot of 80X40 is available in the range of 1.5 Crores*.
Godrej reserve plots are surrounded by prominent schools, post offices, colleges, banks, hospitals, IT spaces, religious centres, ATMs, and shops for all your daily convenience.