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Reasons to Buy a Flat in a Residential Township Project

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The trend of buying and investing in flats in township projects is growing day by day. Competitive prices, advanced amenities, and soaring property value are encouraging several families to buy a flat in residential townships. Most residential township projects in Amritsar, Gurgaon, and other places are planned and designed in such a way that they fulfil almost all the needs of residents under one roof. Mentioned below are a few great reasons to buy or in a flat in residential township projects. Safety Safety is a major concern for families, especially for working couples who have kids or elders at home. Township residential projects have gated communities with better security provisions, both manned and electronic. These residential townships have well-trained guards who vigilantly check entry and exit points, CCTV cameras, video door phones, and the like to ensure the safety of residents. Better ROI For investors, investing in a villa or apartment in township project will...

Growth Trajectory of Indian Real Estate Sector: A Report by CREDIA & CBRE

The same report further stated that the stock of retail shopping centers is expected to cross 120 million sq. ft by 2030, while warehousing stock is estimated to touch 500 million sq. ft The  commercial office space gurgaon  stock is expected to reach one billion sq. ft by 2030, with 8-10% of the total stock accounting for flexible workspaces. Further, the report also suggested that by 2030, the residential real estate can double from the current inventory of 1.5 million units in the key cities of our country. Growth Trajectory of Indian Real Estate Sector  further stated that the emergence of a healthy workforce and positive policy reforms shall give the impetus to the desired India’s economic growth over the next ten years. As per the report, the factors which will further influence the trajectory of Indian growth are infrastructure enhancement, improved governance, investments, human capital upgrade, and integrated suitability of the entire ecosystem.

India Office Market on a Higher Growth Trajectory

Investment in the real estate sector is expected to be about $6.5 billion in 2019, where office space investment is gaining the maximum share. Both foreign and Indian investors are showing a keen interest in the  commercial office space Gurgaon  sector which indeed is witnessing a considerable demand with gross absorption of approximately 50 million sq. Ft was perceived in 2018 in major cities in India. The net absorption in the 1st three quarters of 2019 across the top seven cities in the country surpassing the level achieved in 2017 & 2018, the  office market in India continues to grow  at the rapid pace. The new completion in this period is already surpassing the level which determined in the last three years.

Impact of Budget 2020 on Indian Real Estate Sector

Indian Real Estate sector had a very high expectation from the Union Budget 2020-21, and it looks like that the Finance minister has delivered on some fronts while apparently skipping the other aspects that were anticipated. Yet, one must be reasonable enough with respect to the present economic situation and compulsions of the government alongside the fact that the government already enforced many proactive moves within the last year for the resurgence of Indian realty sector. This will also have a positive impact on  commercial real estate sector along with the announcement of 100 new airports across the country. Infrastructural growth in Tire-2 & Tire-3 cities will give more chances for the real estate sector to flourish in the near future.

An Overview of Commercial & Residential Real Estate Markets in India

It was a boom for commercial real estate in 2019 and the same is likely to continue in 2nd half of 2020. Commercial real estate is expected to witness the gross absorption of 54.3 million sqft in India’s top seven cities including Delhi NCR, Bangalore & Hyderabad. While the developers are continuing to be optimistic in commercial real estate, the case is totally different when it comes to the residential real estate market. At the time when commercial real estate is on boom, 2019 didn’t have very encouraging news for the residential segment. Some of the reasons that are cited by the property consultant Anarock are lower than expected buyer sentiments, liquidity crises and faltering GDP growth.  This is because of urbanization taking place at a very high volumes where people are moving from far-off places and other states to these metropolitan areas in search of jobs at all levels and for the facilities that these cities have to offer. This in turn has increased the deman...