While the fact that property possesses immense value is nothing new, the current market scenario makes one wonder… why does it seem so temporary and uncertain? Thanks to technological advancements and the internet, accessibility to all kinds of information is not a difficult task anymore when it comes to the real estate sector. But then, this excess information also seems to be clouding our minds when it comes to deciphering the present real estate trends. Real estate is the busiest sector in terms of capital flow and moreover, it is not a giveaway deal or expense, it is the capital for which the valuation increases over time. Of course, it offers a more stable and reliable alternative compared to other popular investment choices which sometimes function more on a high risk-high return basis.
We are almost at the end of 2019 and in past working years the prices of the real estate property encountered giant jump, due to high demands in the suburbs and mainline for industrial and residential setup. Post that, a slump entered the sector and amid massive regulatory changes, certain inertia continued. This inertia is projected to change and real estate trends suggest that the real estate market will be living up to its full potential. That’s why you may hear that this is the right time to buy a house or invest in real estate. The upcoming footsteps of inflation are making the speculation evident about the rise in prices. Pune, Bengaluru, Ahmedabad, Dehradun, etc. are expected to be the most favored property investment destinations.
The positive side of volatility
Due to the ever-changing dynamics of market, retail, hospitality and commercial real estate are also growing significantly, and providing the much-needed infrastructural facilities for diverse sectors and industries such as IT and ITeS, retail, consulting and e-commerce have noticed high demand for office space in recent times. Commercial office stock in India is expected to make a new record as it is the most perfect way for better interest gain. So leasing office space should be at the top in your priority list, as it can make a great impact on the future real estate market.
Recent developments in real estate
The Indian real estate sector has witnessed high growth in recent times with the rise in demand for office as well as residential spaces which somehow proving fruitful for the growth of the Indian economy. Responding to an increasingly educated consumer base and, bearing in mind the aspect of globalization, Indian real estate developers have shifted gears and are open for fresh challenges. The remarkable change has been the shift from family-owned businesses to that of professionally managed ones. Real estate developers are taking a step ahead to work as a tree system with a centralized workflow to maintain transparency.
New initiatives, new opportunities
The Government of India and its initiatives are encouraging developments in the real estate sector. The government initiatives are allowing everyone to invest in real estate market. This is why the Smart City project is a ray of sunshine, promising great opportunities for real estate companies. Driving residential and commercial demand, real estate has become a preferred asset, and the real estate sector is supposed to be the most reliable sector to invest in. It’s better to endow your savings in something which can give you great returns.
Current market conditions of real estate are showing a softened sign in 2019, but while investing, a keyword that plays a major role is “affordability”. Pyramid Lifestyles offers a wide range of property options that suits your budget and contribute to your growth. Pyramid strives to erase the clouds of uncertainty surrounding this market by offering extraordinary row houses, flats, offices, and commercial spaces, as we understand your primary requirements. Book your space for awesome returns and benefit from the changing scenario!