Small towns v/s big cities. Which is a better investment?

BrixResearch Moderator says: Real estate values in big cities stands at dizzying heights, making it difficult for most to buy property there. Sample this: plot rates for central Delhi are 80000-500000 Rs/sq yard presently. While property rates for plots in Chandigarh (central region) are 15000 Rs/sq yard.

Big cities are mostly chocked with development, with very little scope for expansion. Hence the focus has now shifted to smaller cities where ample space is available for expansion and the infrastructure resources cost low.

Given a choice, where would you like to invest:
- Any upcoming small/suburban town, where land and infrastructure resources are cheap
- Big city where real estate rates are high and rentals returns can fetch good profits

Share your responses in the comments section.

Property prices poised to slide down further?

BrixBlog Moderator says: A property report by financial services provider Edelweiss expects real estate prices to decline by around 60% over the next five to six years from its peak in the first quarter of 2008. “Property prices in India increased sharply over the past 6-7 years, rising two and a half times over 2001 prices. We expect a price correction of 58% in real terms from the peak,” Edelweiss said in its report.

Market estimates show that property prices have stagnated, as compared to the values prevalent a year ago. And this too, has not stimulated much demand in the market. On the contrary the market has become stagnant. Buying and selling is happening only in desperate cases. Otherwise buyers are holding on to their cash and sellers are holding on to prices.

Does further correction in property prices mean good time for buyers? Or, does it indicate further stagnation in the market.

Please answer in the 'comments' section.

DLF to build home for ‘aam aadmi’. Is the market reviving?

BrixBlog Moderator says: Economic downturn has forced property builders to re-consider their plans. The country’s leading property builder – DLF Ltd. – has announced housing projects for ‘the common man’. This announcement comes at a time when property builders are shelving off expansion plans. DLF has always indulged in luxury projects. This is a new initiative for the builder. 

Will this revive demand for housing? Are you interested in new projects being launched at this time?

Do we need better property laws in India?

BrixResearch Moderator says: Does India need a regulatory authority for real estate on the lines of Telecommunications Regulatory Authority of India (TRAI) and Securities and Exchange Board of India (SEBI)?
- Yes
- No

Share your feedback in the 'comments' section

Should property buyers wait for sometime?

BrixResearch Moderator says: Taking this blog forward, we would like to feature user queries more often. We present a surfer’s query. She wants to take advantage of the mellow property prices and intends to invest in real estate. Is it a safe bet to invest in property right now, or should she wait for real estate prices to dip further.

This is your chance to answer Nisha’s query. Type your suggestion in the ‘comments’ section.

Please Note: Your query can also get highlighted on this blog. Just post your questions and concerns to info@brixresearch.com.

Will freebies boost property sales?

BrixResearch Moderator says: Property builders have lined up a series of lucrative offers to boost sales. Some are offering free Mercedes or BMW, or at least a few gold coins to lure buyers. In some cases, even a small flat is being thrown into the deal for those eyeing premium segment bungalows.

Will these offers pull new buyers into the market? Do such marketing tactics work well in a stagnant market?

Share your views in the 'comments' section.

Have property transactions taken a dip?

BrixResearch Moderator says: Economic slowdown has impacted market and trade segments all over the world. First it was the share markets and now it is the job scenario.

Property segment has also witnessed a slowdown in this phase. Some are calling it ‘stagnation’, while others are describing it as ‘correction’ of the property market. Are fresh transactions still happening in the market? Have property deals deflated from their estimated mark?

Please answer in the ‘comments’ section.

Is property better investment than gold?

BrixResearch Moderator says: Global slowdown has caused a serious dent in the financial markets. Shares, markets trade and even property transactions have hit an all time low. However, gold prices remain high as the metal is being considered as an alternative investment tool.
Given this sentiment, which of the two is a better investment option:
- Gold
- Property (including shares of property companies)

Please share your opinion in the ‘comments’ section

Urgent: Looking for 3-bedroom house in Chandigarh

Magicbricks Moderator says- A surfer from Chandigarh is looking for 3-bedroom for rent in Chandigarh. This surfer is relocating to Chandigarh and needs an accommodation near Sector 17 (since his new office is in Sector 17).

- Do you know of any property broker/agent in Chandigarh?
- Do you know of a suitable 3-bedroom for rent there?
- What would be the present rental rates in Chandigarh?

Please send your inputs in the comments section. Else, mail them to editor@magicbricks.com

ATTN: Property in Guntur

From Magicbricks Research Moderator -
Here comes our first post. Our surfer from Nigeria wants to buy a property in Guntur. We request all our readers to post their suggestions, answers regarding this query in ‘comments’ section.

Besides this, surfers are welcome to post their queries, analysis or questions regarding Real Estate on this blog.

Query: I am Samba from Nigeria. We have to purchase some properties (site & house) in Guntur, Andhra Pradesh. Which place is better? Please give the information.
Thanking you,
Samba