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.
Showing posts with label buy property. Show all posts
Showing posts with label buy property. Show all posts
April 29, 2009
Can foreigners buy property in India?
BrixResearch Moderator says: We received an interesting response to a blog post. Actually, this is a user query regarding property regulations in India. Here it goes…
“I am a Swedish citizen. My wife is an Afghan national. We want to buy a house in India. Please let me know about Indian laws that apply in case foreigners want to buy house here? What are the formalities required?
Best Regards
Afghan Shahid”
April 7, 2009
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.
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.
January 7, 2009
Is this the right time to buy property abroad?
BrixResearch Moderator says: Property markets across the world have shown signs of recessions. Property prices have mellowed down all over as there are very few buyers for real estate at this point of time. Financial crisis have added further pressure on the real estate sales.
It is estimated that property prices in the US have plunged by as much as 50-60%. Is it a good idea to buy/lease property abroad when property prices there are so low?
Share your views in the ‘comments’ section.
December 2, 2008
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
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