Property for rent in Sector 24 Gurgaon

A look at five highly expensive localities in the national capital region and what makes them worth it.

A quarterly report by PropTiger.com shows the sale of homes in India’s nine major cities increased 24 per cent in the July-September quarter of the current financial year when compared to the same quarter previous fiscal. Unsold inventory, on the other hand, declined 11 per cent year-on-year, registering the biggest fall in 13 quarters.

With demonetisation, the real estate sector witnessed a disruption of sorts especially because real estate sector happens to be one of the most sentiment-driven business too. Given that the sector's contribution towards the GDP is considerable, the industry couldn't afford the uncertainty for long. Within the industry, stakeholders will agree that 2017 did see a consolidation within the industry with multiple developers combining forces to sustain through RERA implementation.

Feng Shui is an ancient Chinese theory for creating a harmonious flow of energies. It lays down several easy-to-apply techniques for rearranging the house and its elements, to influence the energies around and build a nurturing space. Feng Shui emphasises on balancing the two opposite forces - the Yin and the Yang while maintaining the flow of the invisible life force, Chi.

With the rupee witnessing a major fall against the dollar in recent months, it is an opportune time for NRIs to buy property in India. The depreciating currency value is benefitting NRI investors significantly as investors get more square feet of space for the same amount in the foreign currency. NRIs can also leverage the power of their additional income by investing in properties because prices have corrected over the past few years. This is prompting a large number of NRIs to invest in India’s realty market.