Properties for Sale in Om Sai Srishti

This International Women's Day, MakaaniQ shares success stories of women who have made it big in India's property brokerage world.

The year 2017 has been a roller-coaster ride for all the stakeholders of the real estate sector. After the Narendra Modi-led government announced demonetisation in November 2016, the industry was trying to recover from the setback it caused. However, introduction of new laws such as the Real Estate (Regulation & Development) Act, 2016, and the Goods and Services Tax further slowed the pace of property sales across the country. Even cheaper home loans did not encourage homebuyers to invest. However, in the end, all the newly introduced reforms did discipline the players in the sector with stringent rules and penalties for violations. Industry experts believe that 2018 would be a year that will witness sales picking up.

Real estate markets are often full of property advisors, but, why do only a handful of them are able to run their businesses successfully? According to a recent report, you may or may not be successful in your property advisory business depending on several factors. The basic rule that you have to follow to be successful is to enrich yourself with knowledge. From property markets to buyer's profile, and from legal matters to new developments, you have to be aware of everything.

Located in the new west zone of Ahmedabad, Vejalpur is one of the high-potential property markets. A homebuyer can easily zero-in on a 1,200-1,300 sq ft apartment for Rs 40-45 lakh in this locality. Thanks to the stable real estate market scenario, the prices in this locality have not increased in the past three years and this could be an opportune time to enter the market and own a property in this growth-oriented area.

MakaaniQ on what makes Chandnagar a lucrative market to boost your brokerage business.