Metro City Land Developer

25/03/2015

Better properties coming our ways ...lets grab it

25/02/2015

Click or call... We do it all...
www.flatandplot.com

22/04/2014

Some hidden facts about Indian Real Estate:
Most of us understand how demand and supply affects prices of any commodity and real estate is one such commodity.

As per available data, India is facing a shortage of over 24 million housing units. So, the demand is there and supply has not kept pace with it. Housing is not a scarce commodity, unlike gold, where the prices keep increasing disproportionately to its actual need. From 2005 to 2013, the average salary of an Indian has increased 2.5 times. On the other hand, property prices in the major Indian cities have gone up nearly 5 times. Now add in inflation over the same period and the net salary increase is less than 100 per cent. Now factor in the hardening interest rates along with the fact that the banks today, lend on an average a maximum of 80 per cent of the property price compared to 90 per cent during the boom years. Even if we were to discount the current bleak economic scenario, the math is pretty clear about the unaffordability of present day properties.

22/04/2014

"People are sitting on the fence. They want to see what will happen in the elections,"

The mood of home buyers has gone sour over the past few quarters because of the messy situation that the economy is in. High property prices, rising cost of loans, sticky inflation and the fear of job loss in a slowing economy have been keeping buyers away. Many are waiting for the outcome of the parliamentary elections, hoping that it will help end political uncertainty and bring in a stable policy regime.

As the end of elections comes near - counting is on May 16 - and it becomes increasingly clear that India could see a stable government, the change in sentiment is already visible in some segments - for instance, the benchmark stock index, BSE Sensex, hit a record Monday. There have also been indications that the worst for the economy may be over, with many economists predicting growth to pick up momentum.

The only sales happening today are in the secondary market, where end-users, who are desperate to buy and have the money, are picking up properties from investors at deep discounts. These investors had bought multiple properties in places such as Gurgaon, Noida, Mumbai, Pune and Bangalore over the past few years and have been trying unsuccessfully to exit.

Read more at:
http://economictimes.indiatimes.com/articleshow/34055850.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

27/08/2013

Your Objective. Matt Cutts!!!!

30/05/2013

30/05/2013

Khushiyon ki chabhi...!!!!

20/05/2013

02/04/2013

Just look at this once!