As 2018 has been a fruitful year for real
estate investors, the effects of it have been carry forwarded to 2019. This year has shaped the real estate market
thanks to various reforms and policies introduced. The policies have
accelerated the growth of the real estate sector and added transparency in the
Industry. The standardization in the industry has led to an increase in demand
for flats in Chandigarh and
surrounding areas. The residential segment of real estate has become the most
proffered choice of investment across the industry.
The year 2019 has seen an upward trend in
Foreign Direct Investment (FDI) in Indian real estate. Due to the positive
impact of government reforms, India has attracted funds from global investors.
This year has seen top business houses entering into commercial and residential
real estate due to government reforms. The proactive approach of builders in
catching up on the new trends has made a positive impact.
Business models have seen revamping in real
estate as more and more builders are now being transparent due to strict
guidelines of the Real Estate Regulatory Act (RERA). This has fuelled the
demand for flats and hence millennials are now opting for buying a residential
property at an early phase. From penthouses to 3 bhk in Chandigarh, real estate investment in Chandigarh is
ever-growing. Top builders are investing not just in Chandigarh but peripheral
areas for luxury apartments.
Another initiative from the government
“Housing for All” has also contributed to the growth of the sector. Builders
are focusing on luxury as well as affordable housing segment to cater to the
rising demand. With multiple options available in the market buyers have the
choice to make an investment within the budget. This initiative has helped in
shaping up the market.
Real Estate Investment Trusts (REITs) are
the latest trends giving a boost to the Indian real estate. REITs are
investment instruments similar to mutual funds. Investors can choose from multiple
options available and can build a profitable portfolio. India has recently
opened doors for REITs and its impact would be seen in the coming year.
We in Ambika Realcon have always aimed to
build and provide quality and luxurious living. We follow best business
practices and focus on providing rich features at affordable prices. We
understand the dynamic real estate. We are adaptable to the new reforms and
establish business strategies as per the demand.
Read Here: WHY MOHALI IS THE PREFERRED CHOICE OF BUYERS?
Comments
Post a Comment