Today, buying rented commercial properties in Gurgaon is considered to be a great investment option though the journey for this industry wasn’t that easy but it took very quite a long time to perk up sentiments in the commercial and residential real estate industry of Gurgaon. Continue reading Significant Reasons To Buy Rented Commercial Properties in Gurgaon
Gurgaon is experiencing a sudden and massive boom in the real estate sector these days. Continue reading Resourceful Tips to Hire a Reputed Real Estate Consultant in Gurgaon
The fact that interest rates are headed down, is a feeler that the RBI seems to have thrown in to the investor and loan taker for home loans. The RBi is expected to make credit easier for consumers and corporates to attract more business for the banks and revive industries like the real estate whose rates have been stagnant for 2 years or so barring properties already given possession.
Whether a floating rate attracts you or is a fixed rate beneficial for you i always a big question, as loans are generally taken for long term when it comes to home loans. If you decide to take a fixed rate, you will know what you are paying throughout your loan tenure and the EMI will not change even if interest rates go up in the future. On the other hand, if interest rates drop in future, the borrower with floating rate will stand to gain, and pay lower EMIs. Floating rates are governed by market conditions and the RBI constantly varies rates, thus ensuring the banks do so, affecting your pocket, positively or otherwise. Monthly instalments are always a big factor in lives of people specially the middle class and a few thousand here and there turns out to be quite a lot in the long scheme of things.
The trends right now show the rates to be on the downward slide, hence a floating rate looks the way to go, but if you think that in the long run this will change, then a fixed interest with a fixed rate might just be the thing for you to go for.
Real estate is churning in investments, and big time for that matter, with reports running in, that real estate is now the fifth largest destination for foreign investments in the country and is the second largest employer after agriculture in our huge population. The industry is not saturated by any means and is expected to grow by 30 percent in the next 10 years. A decade of growth with interest rates looking to go down, could make this industry a big money roping machine for the country over the next decade. The time to invest is now and it would be wise to take a call to invest. Invest safely though.
Affordable housing schemes are in the offerings as state governments are looking to house the homeless with lucrative options. A positive government at the helm of things, is not a sitting duck by any means and is looking to make the most of the opportunity India has today. With foreign investments growing and relations with other countries looking to get better, India is attracting money like a magnet.
Why would you turn away from the reported fact that the real estate sector contributes 8% to the GDP of India? There is no reason to turn away. The real estate is inviting you to ensure good returns over the near future and the time looks ripe to invest or buy for end use. don’t miss the train.
The author Vineet, writes for Capital Tree. Based in Gurgaon, Capital Tree is Gurgaon’s finest real estate brokerage firm. honesty and transparency guaranteed. After all, we have made money for hundreds of our investors.
Gurgaon has grown into a mature city with the latest commercial and real estate boom in the area and India in general. Merely over a decade ago, we started as a city that harbored some call centers and corporate offices of MNCs who didn’t want to be part of the big metropolitan National Capital of Delhi, but would prefer something not far from it to gain from the human resources it offered. As real estate grew and people realized that Gurgaon is the next happening thing, developers after developers made their way into the realty scene and up came the skyscrapers that now hosted big commercial entities besides the who’s who of Delhi, who either found solace in the farm houses that were part of this town much before these building came up or opted to move into luxury high end homes. The middle class executive also looked around and builders had plenty to offer. What came along the booming realty industry were new property dealers who facilitated big deals and mage huge gains. Gains for some can also be losses for others and many people claimed to have got raw deals. A good real estate broker is still the need for the hour. Dealers are plenty but advisers are few. A good adviser can help you rake in millions or leave you in the lurch wondering why would you choose a consultant without actually verifying how long has he been around, how does his office look, what kind of people does he employ and more. A great agent is what a common property finder needs to be looking at. A company that has been around for years can actually pass on some valuable information about the city and the news of what is to come ahead. Whether you look for the best agent or broker or adviser or consultant or property dealer- and you can call him anything, will decide the coming years of your life in terms of investment and lifestyle advise. Choose your advisor carefully. Mere presence and calling yourself a real estate company doesn’t necessarily make you the best or even a good agent. Why compromise when you can get a better one. A good adviser is value not only in terms of monetary value but also to help you decide your future lifestyle decisions are made with utmost clarity and you are not advised hastily. Take your time and choose your agent before you decide to go for any real estate decision.
The author is from Capital Tree – the premier real estate consulting firm in Gurgaon. With presence in the city for over a decade, the company has helped thousands realize their realty dreams and has helped hundreds of investors rake in the money. Strong relationships with individual investors and developers gives Capital Tree an edge that it passes on to you as the end customer. The company is committed to stay with you every step of the way as you invest or sell, with great advisers on board. Be it commercial or residential, there are a range of real estate solutions waiting for you to put your minds and hands into. Call your honest advisers now at 0124 4001037 or find us at www.capitaltree.in to know more about our offerings.