A NEW DAWN FOR INFRASTRUCTURE INDUSTRY

Last five years were a period of great slum for the residential real estate. Negativity was witness all over the industry. But the year 2016 gave a new twist to the slum and seems to have finally turned the corners. The residential realty market of top cities in India registered 8% increase in sales year-on-year during the April-June period compared with the 3% fall during Jan-March period of 2016. The Sales during the fourth quarter of the year 2015-2016 was 51,500 units and rose to 55,550 during the first quarter of this fiscal year. The growth was registered in nine major cities Mumbai, Pune, Noida, Gurgaon, Bengaluru, Chennai, Hyderabad and Ahemdabad. 

There are various positive promoters of this effect for example the relaxation in interest rates, little or zero increase in residential property prices and limited supply from promoters etc. In Delhi however one of the strongest reason is the construction of the first ever smart cities with wondrous smart projects like Revanta Shahneeram and many other.

With the new policy of DDA Smart City it is expected that real estate sector will witness more growth in Delhi and bring a new dawn. With stringent rules and regulations, transparency will come in realty sector of India and this in turn will increase the foreign inflow capital. Prices have been stagnant in the past few years and they are unlikely to fall down. The realty sector contributes 10% to GDP every year and with the support of projects like Revanta Shahneeram L zone the sector will get organized, and will further boom the economy.

Planning to buy a property? Consider Revanta Shahneeram Dwarka

Investing money in real estate is one of the best choices an investor can make. If you have been looking for a real estate in the national capital area of India, this could really be the perfect time. Delhi is under the project of becoming a smart city and that is quite a big reason for you to settle here or buy flats in this city.

Why this zone should be considered?

The demand of the properties in Delhi has always been high. But it underwent certain amounts of trouble during the past few years. But the real estate market of Delhi has already begun to come round. So it will definitely be a decision on your part to purchase houses in this city. Compared to the prices of real estates in other area, the flats in locations like the L zone are sold at a discount price of 40 percent. Moreover, secondary market cost of the properties in various areas of Delhi have fallen as much as 25-30 percent in the last few years.

Buy your dream house!

Many investors of Delhi, with time, have also turned into desperate sellers. Property brokers as well as consultants in Delhi area explain that there are numerous distress deals today in the market of this city. So prices of the flats are quite evidently lower than other times. Even a posh area like Dwarka offers affordable housing for the buyers. You can easily find your dream home like Revanta Shahneeram Dwarka among such amazing opportunities of purchasing properties.