Business & Finance Investing & Financial Markets

You Can Judge

Is the Bangalore Real estate market in a bubble that is waiting to burst? Is this a good time to buy into the city housing property market? Leading city developers feel that unlike the other two hot real-estate markets in the country Mumbai & Delhi the Bangalore property market is based on actual end-user & therefore is not in a bubble. Explains Girish KS, Head-Strategic Consulting/Jones Lang Lasalle/this city still has 85-87 % end users. It is investors who drive prices up or down. Mantri construction made an interesting point at a discussion hosted by MagicBricks.com. From 2000-2008/IT/ITES was the main driver of the city residential However/in 2010-2011, 68 % sale was made to non-IT/ITES buyers banking or insurance & consulting professionals & not to pure Infosys, Wipro or IBM the traditional IT/ITES segment. Many professionals are making investments to lease out. They are not speculators but long-term investors
For Details of Prestige lakeside habitat call @ 8971315026

this trend of the non-IT/ITES buyers keeping the market moving, Mantri feels, was the reason why Bangalore continued to post sales even when other real-estate markets were struggling. I am expecting that next year IT/ITES will become the major driver of apartments again. With 300,000 latest jobs announced in the IT/ITES sector in the city, 40-50 % of the workforce will come from outside the city & they will start buying. As Ashish Puruvankara/Joint MD/Puravankara construction says, Bangalore is extremely cosmopolitan. Anyone who is not from Bangalore & came to work here does want to go back. Don't see this in other cities.
Bangalore is estimated to need 60,000 homes in this affordable category. But some developers feel merely cutting the size of units such as they did during the previous slowdown won help. A volume game considering the demographics of customers buying into reasonably priced homes, delivery timelines are critical. If the project cost shoots up beyond the sweet spot/no more affordable/said Jackbastian Nazareth/CEO of Puravankara Projects. The company reasonably priced housing arm/Provident Housing/has developed a 44-acre affordable housing project on the Yelahanka-Doddaballapur Main Road.
For the Bookings of Prestige lakeside habitat call @ 8971315026

The buzz around reasonably priced housing is growing stronger as there is resistance to midsized projects at current price points/said Amit Goenka/national director capital transactions at real-estate consultancy Knight Frank India. Considering several rounds of rate hikes, customers are attracted to low priced products & so are investors. Developers are looking at a time-based investment strategy where they are seeking investor money to meet their cash flow needs.
For Pre launch offer of Prestige lakeside habitat call @ 8971315026
SHARE
RELATED POSTS on "Business & Finance"
All that You Want to Know About Best Binary Options Trading Strategies and Robots!
All that You Want to Know About Best Binary Options Trading Strategies and Robots!
Fixing and Flipping Houses - Choosing the Right Investment Property for Flipping
Fixing and Flipping Houses - Choosing the Right Investment Property for Flipping
Long-Term Wealth - The Top 10 Reasons to Invest in Real Estate
Long-Term Wealth - The Top 10 Reasons to Invest in Real Estate
Introduction to Financial Risk Management
Introduction to Financial Risk Management
Your Dreams Capitalized - IRA Power
Your Dreams Capitalized - IRA Power
Real Estate LLC, How to Create One
Real Estate LLC, How to Create One
Trading Strategies - 3 Big Mistakes 98f Trades Make
Trading Strategies - 3 Big Mistakes 98f Trades Make
Retreat, Recovery and Opportunity for Traders
Retreat, Recovery and Opportunity for Traders
Selecting from among financial planning firms in India
Selecting from among financial planning firms in India
Real Estate Investing Seminars - Your Effective Mode To Success
Real Estate Investing Seminars - Your Effective Mode To Success
The Nature Of High Yield Investment Programs (HYIPs)
The Nature Of High Yield Investment Programs (HYIPs)
Searching Reliable Forex Broker in India
Searching Reliable Forex Broker in India
Cashing in a 401K Account Through the 401K Withdrawal Rules Explained!
Cashing in a 401K Account Through the 401K Withdrawal Rules Explained!
My Experiences Trading Corn Commodity Futures Contracts and Options
My Experiences Trading Corn Commodity Futures Contracts and Options
Rules For Pattern Day Traders - Know the Regulations Before You Trade
Rules For Pattern Day Traders - Know the Regulations Before You Trade
Prestige Sunrise Park Preeminent Apartments in Bangalore
Prestige Sunrise Park Preeminent Apartments in Bangalore
Venture Capital and Angel Investors: How to Invest?
Venture Capital and Angel Investors: How to Invest?
The Truth About Forex Rebates
The Truth About Forex Rebates
Forex Software - The Key to Being One Step Ahead
Forex Software - The Key to Being One Step Ahead
Car Title Loans in Los Angeles and Advantages
Car Title Loans in Los Angeles and Advantages
E-Mini Trading: The Difference Between the 90% and 50% Failure Rate
E-Mini Trading: The Difference Between the 90% and 50% Failure Rate
An Auditor's Responsibilities With Respect to Prospectus
An Auditor's Responsibilities With Respect to Prospectus

Leave Your Reply

*