sree sai developers
Properties posted by sree sai developers
What Did 2017 Mean For Real Estate Developers, BrokeThe 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.
Noose Around Unauthorised Constructions Gets TighterAs instances of unauthorised constructions go up, talks about regularisation wherever possible is going on. In almost all cases, those guilty of violating or occupying such premises have been penalised as well.
Prices Stable, Best Time To Put Your Money In AhmedaLocated 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.
Why Hyderabad's Chandanagar Makes Sense For PropertyMakaaniQ on what makes Chandnagar a lucrative market to boost your brokerage business.
Could Rents Go Up After Demonetisation?Demonetisation may lead to an increase in the rental rates. An ArthaYantra Corporation report titled Buy vs Rent says that in the coming 12 to 18 months rental rates will witness an increase. This is mainly because people are not willing to purchase at this time. They are waiting for RERA, demonetisation and other developments announced this year to take shape. With the capital market on a standstill it is perhaps the best time to ask for higher rents?