The prices of residential properties are likely to
increase after the election in overall Delhi/NCR compared with other last year.
The robust demand for real estate property is possibly expected to rise in the
second half of the year, which will be a rapid improvement for the realty
sector in the country. The prices of residential properties are increasing unexpectedly
than the rapid growth in the household income during this period, which will increase
in captivation of housing segment. It
has been observed that interest rates are very higher. So, the residential prices
will observe the high rise of prices in an upward movement during coming six
months and supply levels are probably to improve in the second half of 2014
year.
Besides several home buyers have been waiting for long time for
the election results before taking any decision to buy a luxury home, which
caused main concern in the real estate sector. Just by seeing many rapid
changes in the political leadership, which would boost home buyers and investor’s
entiment and resulting a rapid improvement just by showing impressive and
positive perspective for the realty sector. However the employment and economic
policies are very important factors, which are playing a vital role for the
rapid growth of real estate builders and financial institutes, are upbeat about
the upcoming future of the economy as well as the present scenario, as the
recent years have observed a slowdown movement which has dropped impact on all
asset classes.
For more information about property, click on Property in Delhi/NCR
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