Chennai has appeared as a promising realty market.
Listed among the top 12 cities in the world for real estate, Chennai is rapidly becoming one of the most sought after cities for investment. And with the city demonstrating positive signs of revival, Chennai has demonstrated a positive buyer sentiment. Being an end users market, the city’s realty market has always witnessed steady transactions, but in the recent years- developments along the infrastructural front have created a major influx in the housing demand. And real estate in Chennai has grown at a scorching pace and reputed real estate developers are coming up with hosts of apartments in Chennai to meet the growing demand.
The absorption rate in the western region of the city has been remarkably high and localities along the southern side of the city are fast developing into residential catchment areas. Investors and builders are now coming up with a number of apartments in Chennai that fall under a very affordable price range. With the bookings of such economical homes crossing the 20 mark every month, many builders are now creating extravagant living spaces in the outskirts in forms of townships and multistory buildings. The city has the presence of numerous IT firms and other blue chip firms which has boosted the industrial activities in the city. Chennai also has several acclaimed institutes and reputed colleges which also increases its demand.
Cited to be a stable market that hasn’t witnessed any major fluctuations, the city continues to remain a favorable destination for many second time home buyers and investors. chennai property The steady and growing ROI (Return on Investment) drive many to invest here. The year on year appreciation of capital values of properties including independent house in Chennai has created several affordable residential pockets. Suburbs of Poonamallee, OMR, GST and ECR are brimming with construction activities. The introduction of many MNCs (Multi-National Companies) in these active SEZs (Special Economic Zones) have engaged many white-collared professionals to invest in apartments in Chennai.
Some of the major drivers that are flourishing Chennai’s realty sector including an array of infrastructural developments like the Chennai Metro Rail and mono rail project. Along the outskirts, the proposed ORR (Outer Ring Road) along the Vandaloor and Nazarthpet of National Highway 4 has lured many national real estate developers to the city. These builders are now wooing potential home buyers by offering world class amenities and facilities such as good educational facilities, awe inspiring malls and lavish multiplexes, all under one township projects. top builders in chennai Investors are now investing in such projects due to its high rental yield and high ROI.
The revival of the manufacturing sector too has helped Chennai emerge as an investment destination. In a span of just eight months, a 25% of realty growth has been documented. Areas such as Ambattur, Sriperumbdur and Oragadam are known to be realty hotspots when compared to its IT counterparts like OMR. Capital values of flats for sale in Ambattur have seen an escalation of 18% in the past two years. Investing in these areas can fetch whopping returns to prospective buyers and early investors.
Trump’s Victory a Double-Edged Sword for Flats in Pune
A victory for Donald Trump this November could spell trouble for flats in Pune as well other as other for real estate in other large cities. Currently, Donald Trump’s opponent is expected to win, however, the reliability of poll numbers has been cast into doubt after Britain exited the EU when poll numbers suggested the citizens of Britain would vote to remain. Furthermore, Hillary Clinton faces a possible setback as Federal Authorities have claimed to have discovered a large number of email’s on Mrs. Clinton’s home server which they will release only a few short weeks before the election in November. It was found that Mrs. Clinton had stored official and highly classified emails on her home server in violation of US law during her tenure as Secretary of State under the Obama administration. A Trump presidency is welcome by many and is abhorrent to many others, few are indifferent to it.
If Donald Trump wins and does what he has promised to millions of his supporters then globalization may retreat, if not forever then certainly for some time at least. Millions of Indians who are employed in services which Americans need shall suffer, many may become unemployed. The election this November in the US has generated more interest than the one in 2008, and that is saying something.
Already Brexit has thrown a wrench into the free flow of service and movement of labor across borders, if Donald Trump wins in the US there could be significant disruption in the largest and most dynamic economy in the world. Those who are considering buying new projects in Pune would be well advised to delay their purchasing decision till after the next American president has been elected, especially if they are employed in a firm with significant business interests in the US. Taking a loan today which needs to be repaid over the next 15 years may become unviable for many in India if Donald Trump does what he has promised to do while campaigning. Trump has been described by many as a disruptor; this is perhaps the best way to describe him, yet he should not be cast in a negative light as many Americans feel threatened by unknowable forces which they feel are changing their country beyond recognition.
What is likely should Donald Trump win is a massive retreat in the number of Indians who are employed in the US back to India. Venture Capital funding to Indian startups shall also likely stall. Most investors are likely waiting to put of making investments until the outcome of the coming American election is known. Real estate developers in Pune too would be wise to delay new projects in Pune until after the outcome of the election in the US. There is a plus side to a Trump victory in the US, Indians employed in the US would be forced to come back, not all of them, but many working in the US who are sponsored by companies under the H1B program will have no choice but to return to their homeland. The brain drain the country has experienced over the past ten years will become a brain gain as gifted individuals return home with expertise as well as some capital.
Many such individuals are likely to purchase flats for sale in pune and other metros and begin work on new innovative business ventures which shall employ many and create wealth. A caveat which comes along with a possible Trump victory and a brain gain is that foreign venture capitalists
may be reticent to invest in Indian companies should they expect a backlash against the forces driving globalization. A trump victory is likely to have an adverse impact upon luxury flats in Pune as financing is likely to become more expensive and leave many builders in Pune with excess inventory on their balance sheet. Most business across the globe shall likely delay making large investments until after the result of the next election.
How to invest in Real Estate Pune
Real estate in Pune has appeared as a hot property due to several factors such as vibrant lifestyle quotient, amazing weather and buzzing crowd, presence of several IT companies and reputed educational institutes and many more. More and more property seekers showcases their interest to invest in this beautiful city. The popularity of emerging areas is increasing amongst the active investors of real estate sector in Pune. Here are 5 amazing tips for those looking for great investment in the new projects in Pune in locations like Hadapsar, Hinjewadi, Kondhwa and Phursungi:
Information about the potential area
When you decide to invest in any property in any given location, the most important thing is proper and detailed research. Real Estate property in pune It is always good to invest in a growing property as it has higher chances of yielding better benefits. So, it is very crucial to understand the potential of the area you are investing in so that you can expect higher return on investments in the near future. As the areas mentioned above are growing at a good pace. With more industries shifting their focus to these areas and other infrastructure developments have drastically changed the demand dynamics. These area demonstrates excellent prospects for future growth.
Check the credibility of the builders
In the present scenario, there are great number of players in the market. Many new builders have also come in the market to try their fortune. top builders in pune but after you have selected the location where you want to invest, checking the builders and his background credibility is the most important thing. His previous records will help you find about his performance and quality. Opting for a builder who enjoys good rapport will help you not to get into any fraudulent activities.
Pick quality residential spaces
The foremost purpose of investing in residential properties is to not only to fetch whopping returns but also enjoy a good living standard. So, there are quite a few projects in Pune that are built with beautiful themes or located in the midst of greenery and offers a serene and tranquil living in the heart of a bustling city. You must be very particular about selecting the right kind of project in Pune. It is worth to invest in a project that offers top notch amenities and state of the art infrastructure.
Choose the appropriate option of investment
If you are looking for a budget investment option that does not burn a hole in your pocket, it is better to opt for small apartments or new residential projects that does not stretch beyond your budget. ongoing residential projects in pune for a heavy investment option, you can pick from grandeur township projects also. It is very much essential to choose a proper option for investment in order to implement further plans and procedures, effectively. Apart from this you should keep yourself posted with developments taking place in that area from time to time. For instance, if any infrastructure development is on the ground proposed like metro rail, then the property values are likely appreciate in future, thereby promising good returns. Investing early in the development cycle is highly beneficial for value appreciation and maximum profits.
Distant Future Points to Easier Loans for Property in Mumbai
If things continue as is anticipated by some, buying property in Mumbai may become a far smoother process than it is today. Recent changes across banking platforms have made it far easier to obtain a loan. Though the loan amount dispersed via this new channel will currently be small, if more intelligent regulations are put in place it may make buying property in Mumbai and other cities far less troublesome. Banks now have a new channel through which they can push products to customers. In the recent future, banks will be able to sell insurance products as well as offer small loans to customers through their network of ATM’s. Using new cutting edge Big Data technologies, banks are able to assess a customer’s requirements more and more accurately which allows them to pitch or rather push new products to its existing customers when the customers visit the bank’s ATM. As Big Data throws up a great deal of information, flats for sale in mumbai it is up to specialists to build a coherent picture from the data to understand what kind of financial product is appropriate for a customer. Although as yet being able to take a home loan from an ATM is definitely not under consideration, as more and more money is transacted digitally, such services could be provided at ATM’s.
The trend of providing loans via ATM’s mentioned above is relevant only to the foreseeable future. In the more distant future should the need for such services arise customers may well be able to take a loan, large or small,
depending upon the customer profile revealed by big data, simply by using their smartphone and having the money credited to their account within minutes. It’s today unclear how much of the money in Indian rupees is paper based and how much is in digital form. However, the overwhelming amount of money used to transact business in India today is in paper form, while certain Scandinavian countries point to the future as they transact nearly 90 percent of their commerce using digital money.
The trends, however, point that more and more money will exist in the digital form in India and that the amount of money circulating in paper form shall gradually diminish. real estate developers in mumbai If in the future it becomes possible to take a large home loan, for which the time in determining the need for a loan and the release of funds by a financial institution is only a few minutes, the economy shall deliver undreamt of efficiency. To reach such a high degree of efficiency shall also require vastly greater improvement in the big data technologies which allow banks to create an accurate personal and financial profile of those individuals to whom it wish to service loans. If such a trend becomes commonplace within the next few decades, them buying and selling luxury apartments in Mumbai could be as rapid and commonplace as selling stocks is today. If such a transformation in buying and selling occurs, builders in Mumbai could enjoy the release of a corpus for a new project in Mumbai within a matter of days rather than as they do today when payments are made gradually over a period of a few months.
Efficiencies such as these are a dream for many businesses as they can move and receive large sums of money within a matter of minutes. Being able to buy and sell apartments in Mumbai with such ease, in what in the future can be effectively regarded to be a cashless society will require giant leaps in Big Data and in Artificial Intelligence. Prices for flats in Mumbai are likely to be lower not higher as nearly everyone shall eventually be found suitable for at least a modest loan and speculators may find diminished prospects for increasing wealth. Artificial Intelligence shall play a key role in the prerogative to decide which individuals are eligible for loans and the size of the loan as well.
Realty hot Spots in chennai Real Estate
Chennai has emerged as a lucrative real estate destination with many hotspots. NRI diasporas has also been a major contributor and the city is seeing a considerable traction from overseas as well. Property in Chennai sees a great demand.
Captured below are few hotspots in Chennai
Avadi
Located in close proximity to Ambattur, Anna Nagar, Thirumangalam, etc., which are developing as commercial and industrial areas, properties on the Avadi Main Road covering places like Paruthipattu are witnessing tremendous momentum. The major highlight of the area is that it enjoys vicinity from major areas such as places like Anna Nagar, Nungambakkam, etc. As this place offers an affordable pricing when compared to the other side of the city, a good number of reputed builders are showcasing their interest to build multi-storied gated communities. Spaces have also been allocated for malls and presence of numerous good schools and prestigious colleges in the vicinity makes this area an amazing bet to invest in for end users as well as buyers. builder in chennai is preferred because of this reason.
Sholinganallur
For the past few years, the Old Mahabalipuram Road (OMR) has emerged as the sought after destinations to invest in Mumbai. The area has appeared as the go-to place for purchasing housing properties. Work-life balance is considered as an essential ingredient of a good and healthy lifestyle. The major attraction of this area is its close proximity to major IT parks, a lot of buyers in this area are from the middle income group of IT professionals, bankers, etc. has made. Living close to workstation is the best deal for those who buy properties in areas around OMR. Road facilities have been improved over the past few decades leading to better connectivity and less traffic woes. The area has also seen a price correction and seen as eyed by several buyers and developers. Hence, this area continues to be an investor's hotspot in the near future. New projects in Chennai is witnessing great demand.
Mambakkam
Located towards the South of Chennai, you need to take a left turn to reach this place after Vandalur. The area is expected to grow in terms of social and physical infrastructure with more number of schools and hospitals springing up in nearby areas that makes it a promising destination for real estate investment. The area is growing at a scorching pace and is expected to fetch whopping returns in future.
Chromepet
This area has witnessed a lot of development in the recent past with burgeoning commercialisation, extravagant shopping malls and other fun and entertainment avenues. The place boasts of a robust physical and social infrastructure with plethora of educational institutes, schools, banks and excellent medical facilities. The properties have gone up in value as far as land prices are concerned. Hence, this area comes about as an upcoming real estate cluster to invest in a property. Surrounding areas include Chitlapakkam, Nemilichery where properties and land value is going up the ladder. luxury homes in chennai will grow and have amazing prospects.
Urapakkam
Located in the Southern suburbs, Urapakkam attracts a lot of investors due to its proximity to major special economic zones. The area has seen a lot of traction especially from working section who prefers to stay closer to their workplace.
Korattur
Known to be one of the most pollution free and serene places of Chennai, Korattur appears as a promising destination for long term. Since it is densely populated, the return on investments by renting out the property is probably high. It is also eyed by several builders and developers.
The Fed’s Impact in september upon property in Mumbai
If the Prime Minister of India is right, then property in Mumbai and many other Indian cities is in no danger of a precipitous fall or correction. Narendra Modi pointed out that across the globe today, India’s economy remains the only bright spot in a global economy suffering from weak growth and poor sentiment. At a time when leaders of the European Union are doing their best to ensure the survival of their currency and other engines of global economic growth such as China and Japan have a mountain of debt, India’s economy seems to be relatively untouched by global headwinds and has thus far remained immune to trouble. Global factors, however, are more than likely to have an acute impact on property rates in Mumbai as the world today is far too interconnected for a large economy such as India to remain unscathed by weak global economic trends. The price of much of the real estate in Mumbai may not drop, yet in the foreseeable future, it is also unlikely to attain significantly higher valuations. 
Markets expect that the US central bank will raise interest rates next month and this could once again create a panic in the Indian stock market as foreign investors pull out money from Indian browsers to take advantage of higher interest rates in the US. However, this will most likely have little impact on real estate in Mumbai as, despite what many assume, there is little correlation between real estate and equity markets. It should be stated that a few academics believe that a bear market leads to higher real estate prices in the concerned economy within close to six to eight months as stock market investors begin to invest in real estate to grow their wealth. However, since the largest participants in Indian capital markets are Foreign Institutional Investors (FII’s), the money from such investors is unlikely to flow into the coffers of projects in Mumbai or into properties in Mumbai; thus FII’s may exit Indian browsers due to a rate hike by the Federal Reserve, but their exit will most likely have little impact on the property rates in Mumbai. Individual investors in the Indian stock markets if they are astute should expect a stock market correction next month as the Federal Reserve raises interest rates.
However as Indian browsers are still at peak levels, it either indicates that such individual investors are either unconcerned by impending rate hike or are too small in number to have a significant impact on the movement of the Indian stock markets. In the former case, money may eventually be invested in property in Mumbai after a period of a few months and lead to higher prices for builders in Mumbai. If, however individual investors are too small in number to have an impact on stock prices in the country, then the impact upon property in Mumbai too may be negligible. 
Luxury flats in Mumbai are the most likely to see great times ahead as the wealthy have never been wealthier than today. There are today, eight years after the biggest financial crises since the great depression, more millionaires in India than there were before 2007. Thus while affordable property in Mumbai may be less affected by global economic trends, luxury apartments in Mumbai are likely to be priced higher after a few years than they are today.
Pune to be in The Centre stage of real Estate sector in India
Among various developed metro cities in India, one destination that has been attracting continuous traction is Pune. Real estate in Pune is defined by high-rise and multi-storey buildings that offer luxury with affordability. The major push of real estate market of Pune has been received by the residential properties that are attracting many families. This change has been brought by the increasing development of schools and colleges with a continuous expansion in making this city a heaven of urbanization. residential properties in pune There are many factors that have affected the change in realty sector of Pune and made it a city with a million of options to choose from.
How it all began for Pune?
Within a few years, Pune has garnered much attention from the real estate professionals. Whether it is a developer or a buyer, Pune has a bunch of properties to shower upon everyone. If you’re a buyer looking for an affordable property that can accommodate your small family with all the basic amenities, then Pune has it for you. Moreover, if you are a builder and in search for a good location to start out your next project then Pune is the place to be. Hence, it is quite evident that the city has now become a real estate hub of the country.
Like any other developed city, Pune has also seen its fair share of dark days. The city went under huge depression when developers were eyeing different market opportunities in a variety of locations. However, soon after it was declared one of the “Smart Cities” of the country, Pune saw light at the end of tunnel. buy house in pune Additionally, the Special Township Policy Act launched by the Maharashtra government became a factor to build properties with a minimum limit of public infrastructure to help maintain a healthy lifestyle of residents.
Bright future ahead
After facing a deep cut down in the year 2009, Pune has now revived itself and performing exceedingly well in the realty sector. Commercial real estate is showing signs of revival with every other company establishing their head offices in Pune. On top of it, in both of the mid- and high-end segments, there are new projects being announced one after the other.
In the last few quarters, real estate in Pune has grown out to be much beneficial than it has ever been. After being price sensitive for a long period of time, the city is now gaining appreciation for its variety of properties that it is showcasing. builders in pune The newly launched projects that offer more value than the old ones have been witnessing a profitable market. After being sluggish for a few years, Pune is back in the game with revised market tactics and some new players that are making every property count. 
There are various research papers and reports that suggest that real estate in Pune has passed a storm and now prepared to participate in the competition. The findings are somehow true as it predicts that the upcoming trends in realty sector are going to be affected with one more city upping the ante. Therefore, the day is not far behind when Pune would be defeating the other cities performing well in the market. We all have to wait and enjoy the show!
