Tuesday 30 April 2013

Pros and Cons of Indian Real Estate Investment

In any business success is the ultimate goal for everyone. Same is the concept with real estate. In real estate also there are certain factors that drive the real estate market. These are the most important areas that one must get right in order in order to succeed. These are the factors that should not be ignored. We all know that real estate is a business in which you invest money; you tend to get back more money. It has potential to generate income and make individuals life rewarding. But in case you do not have sufficient knowledge you may have to lose money.

The real estate investment is the task of high patience, stability and lots of research to ensure that whatever plans have been made fall at the right place. The utmost task to be taken due café in the real investments is adequate and timely updated research to derive the current market position of the land, property or the commercial or residential estate mulled over to be purchased.

India figures in the list of one of the real estate markets every global consultant of repute recommends to invest. It has become one of the vibrant and ever growing sectors where people want to invest. The traditional favorite real estate hotspots are the cities of Mumbai, Delhi NCR and Bangalore. They have seen huge flowing of money in the recent years. We think there are better investment options in India that are unexplored and can turn out to be the top tier Indian real estate hotspots of this decade as well.

Real estate projects are getting delayed in both small and big cities. Projects have been started in several metros across the country. There are many issues related to this. Project delays are common in the Indian real estate market. There are numerous reasons for real estate projects getting delayed. These issues start from financial and funding issues till mandatory approvals. Slow investment is another reason for delay in projects in India. Main reason for projects getting delayed is lack of demand for them .Lack of demand is due to recession and inflation. With sluggish sales in the past most developers have taken so much payments and now unable to pay the debts. It is very difficult to predict a delay in projects.

Another reason for delayed projects is that developer does not share all relevant documents about the property and projects. Be it license, land title papers, sanctioning of building plans of the projects.

If the developer is showing his sanctioned plan at the start of the project and while booking it directly indicates that he has all the necessary papers fulfilled and approved.

Piyush Group is one of the leading real estate company in india. Piyush Group is involved in development of Integrated Township, Group Housing Projects, Commercial Mall

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