Why to Buy Residential Propertyin India

1
Why to Buy Residential Property in India?
2
Investors were confused as to why they should buy
residential property in India. This was the case
a few months ago. This confusion and dilemma all
emanated form the fall out of the world economic
meltdown. It its sweep, the financial downturn
has had its toll in the property market in India
also. Just as the stork market suffered setback
and many lost their hard earned money, the real
estate sector also met with misfortunes. This
caused uncertainty in the industry and the
investors became wary in their investment
decisions. However, the scenario is undergoing a
change for the better. Industry insiders
speculate that buying property in India in the
prime locations is going to yield good returns in
the coming years. More so, to buy residential
property in India, especially those for the
middle-level income group with single or double
room accommodation, is reportedly going to be a
good investment opportunity.
3
It is the time to buy not only residential
property but also commercial property in India.
Industry veterans and investments analysts are
savvy that the property market in India is
gearing up for a quantum leap in the coming
years. In the sweeping metamorphosis,
macro-economic and sector-specific factor will
act as catalysts. The widely acclaimed real
estate consultant Jones avers, "economic recovery
during CY -2010-11 is likely to reinvigorate the
interest of foreign investors in real estate
India market. We expect enhanced capital inflow
in the real estate sector in the
medium-to-long-term".
4
The assessment of the International Monetary Fund
(IMF) concurs with the estimate of world economic
analysts that in the coming phase, the advanced
economies on an average are to contract by 3.8
per cent. In such a bleak background, the
economies of India and China will stay as beacons
of assurance with an average growth of 5.4 per
cent. In such projected prospects, it makes sense
to buy property in India.
5
There are other factors which make it sensible to
buy residential property in India. There is a
renewed interest in the residential property
sector in India now. One of the reasons for this
new trend is the unexpected and unseen aftermath
of the recession. The recession inevitably
brought down the property prices. This created a
new interest in purchasing residential property
because now property rates have become more
affordable to middle income level people. Another
reason is the revised pay scale for Government
employees, higher pay and perks of private
sector, etc. Owing to these multiple factors,
there is an unprecedented demand for residential
property in the lower and middle income group.
6
Contact
ON-SITE SALES OFFICE Satellite Ghanwat
Compound,Gandhi Nagar, Behind Lokhandwala
Complex,Malad (E) HEAD OFFICE 7th Floor, S-14,
Solitaire Corporate Park,Andheri Ghatkopar Link
Road, Andheri (East),Mumbai 400093 Kindly
Connect Group Satellite- Aarambh
www.groupsatellite.com/aarambh/