Wednesday 6 July 2016

Mumbai attracts more investors and end users to buy house in Mumbai.

http://www.propchill.com/projectlist/real-estate-property-in-mumbai


Mumbai , the capital of Maharashtra is also touted to be the financial and commercial sector of the country.  Accommodating a whopping population, Mumbai is known to be one of the populous cities in the world. This fuels the demand of real estate in Mumbai in order to cater to the residential needs of the vast population.

Mumbai is not just the economic hub, but also the cultural and political hub of the country. The city of Mumbai has excellent transport infrastructures. It is connected to all major cities via road, rail and airways. The Mumbai airport is one of the busiest airports in India. The civic amenities are also steady and reliable. The overall infrastructure has seen a drastic improvement over the past few decades. The city boasts of world class infrastructures and a workforce of both skilled and unskilled workers. The city acts as a magnet for migrants from all over India due to the business and investment opportunities it offers to people. These factors have combined to act as stimulator in the demand of real estate in Mumbai.

Mumbai is known as the financial capital of India. It contributes about 5% of the total GDP of the country and is also one of the largest cities. The per capita income of the city and the living standards are higher than most parts of the country.

Major industrialization in the last three decades  has made Mumbai one of the best destinations for investment in India. The city of Mumbai now boasts of business opportunities in sectors such as chemicals, pharmaceuticals, information technology, engineering and biotechnology. The city of Mumbai is also a major center for services and outsourcing industries.

The city is also fast becoming a center for IT (Information Technology) related services. Several IT parks have either already come up or are in the process of being established. The government has announced a host of policies to support this sector. This is one of the strong reasons that people are looking forward to buy house in Mumbai.


Several Fortune 500 companies, multinational companies and banks have their bases in Mumbai. The city also offers excellent educational facilities. The city has reputable management schools and other educational institutions.

The government of Maharashtra has made several policy announcements to attract more investment to the city. The government has set up various agencies to encourage both private and public investment by creating a favorable industrial climate in the city, generating employment opportunities and providing an edge to the industrial units of the city over their counterparts. Moreover, the government of Maharashtra has made the process of establishing a new business in the island city much easier than earlier.

Mumbai has been voted one of the top cities of the world. It has a lot to offer to all kinds of businesses and the investment opportunities are innumerable. These are the reasons that are attracting the interest of more investors and end users to buy house in Mumbai. The lifestyle quotient of the city is high and is one of the best cities to live in India.

Sunday 8 May 2016

I want to buy a property in Surat



http://propchill.com/projectlist/real-estate-property-in-surat

Property in Surat  is a standout amongst the most noticeable urban communities of Gujarat (second biggest) and also India (ninth biggest) with a populace of around 4.6 million "Surati People" (Surati = People dwelling in Surat). It's not among the top metropolitan urban communities in India but rather when contrasted and the top ones there are not really any focuses missing. Awesome base and instruction joined with amazing business opportunities in the field of IT, material, land, Diamond is sufficient for Suratis to bloom. Chilling at Chab Chhaba Chab water park, bicycle riding at Surat-Dumas street, Saturday night out at Dumas, wandering in Rahul raj Mall and VR Mall are the trademark indications of Surati individuals.

http://propchill.com/projects/top-residential-real-estate-surat

From the earliest starting point Surat was thought to be the Diamond center of India and for the same it got to be famous with epithets like Diamond city of the World, Diamond center point of the World, Textile city of India, and so forth. Yet, now this pattern is by all accounts changing definitely for the land business since the subsidence hit in 2008-09 that drove the Diamond blur away. The drop in the Diamond business sector was amazing and the outcomes were completely annihilating.

http://propchill.com/segment-search/surat/luxury-apartments

Amid this period, the land market in Surat property began picking up energy. This will undoubtedly happen considering the way that property speculation gives back the best yield in the base timeframe. Individuals truly began scanning for properties by means of various stages like online networking, ordered promotions, web crawlers, and so on.

http://propchill.com/segment-search/surat/mid-segment-apartments

This sudden change prompted the ascent of a few land specialists, developers, organizations in Surat. Like experts, they comprehended the capability of this business sector and began overwhelming interests in new tasks. Gradually Diamond sidestepped from individuals' brains and they began taking a gander at the new open doors. They comprehended the conceivable advantages and began putting resources into these new undertakings offered by specialists and developers.

http://propchill.com/segment-search/surat/affordable-apartments

Presently, on the off chance that you drive by the absolute most prevalent zones of Surat like Vesu, Ghoddod street, Piplod, Adajan, Ved street, Katargam, and so on you will discover extravagant and immeasurable activities attempted by a portion of the top most enterprises in India. This demonstrates the development made by the land business sector of Surat and it will just build step by step.

http://propchill.com/segment-search/surat/luxury-apartments

Up to now we have examined about the capability of this industry in Top project in Surat and its top players, yet a definitive objective are clients. To reach and investigate the complete new base of clients, organizations and offices have developed their own sites permitting clients to purchase or offer any property on the web. In this way, on the off chance that you are not kidding about your speculation, there isn't a superior path than the land market without a doubt in Surat. From the above certainties, its inferred that Diamond was the Past however Real Estate is the Future of interest in Surat.

Saturday 7 May 2016

Real estate sector in india




http://propchill.com/projects/top-residential-real-estate-india

With the Indian economy becoming a global force to reckon with, the real estate sector in India has witnessed a tremendous boom. Thanks to investor-friendly policies and globalization, the Real estate property in india of the country has emerged as one of the most lucrative segments for investors and developers. The sector contributes approximately 6.3% to India's GDP.
http://propchill.com/


Ever developing infrastructure, rapid urbanization, higher income levels and greater housing demand have driven the growth of this all-important sector. It is estimated that the sector will post revenues worth US$ 180 billion by 2020 as against US$ 66.8 billion in 2010-11.

Real Estate Companies in India
India is the home of many real estate developers. DLF, Jaypee Infratech Ltd, Tata Housing Development Company and Godrej Properties are some of the major domestic players in the industry. International players who have made a mark in India are Emaar Properties, Portman Holdings, Tishman Speyer and Homex.

http://propchill.com/projects/top-residential-real-estate-india


According to a report released by Ernst & Young (EY) and Federation of Indian Chambers of Commerce and Industry (FICCI), the sector would require an investment of US$ 257 billion by 2015. The report further stated that the sector is expected to generate over 17 million employment opportunities by 2025. Industry players are all set to gain a global competitive edge with Indian economy ready to experiment with Real Estate Investment Trusts (REITs), an advanced funding option.

http://propchill.com/property-india/luxury-projects-in-india

There are immense Investment opportunities in the sector as the International Monetary Fund (IMF) expects the country's retail realty sector to grow at the rate of around 15% on a year-on-year (y-o-y) basis, over the next 3-5 years. As per a report released by Knight Frank India, India's office stock is estimated to touch 642.2 million square feet by 2017. Several leading firms have planned huge investments for the future, which will further bolster the growth of the sector.
Government Initiatives

http://propchill.com/property-india/mid-segment-projects-in-india

The real estate market of India has also benefitted from several policies and schemes announced by the Government of India (GoI). 100% FDI policy in the construction development sector through automatic route is a healthy step taken in this direction. Many states have repealed the Urban Land Ceiling and Regulation Act (ULCRA), which had a huge bearing on urban development. The Reserve Bank of India (RBI) has given banks the authority to come out with new schemes for the development of the sector.

http://propchill.com/property-india/luxury-projects-in-india

The Real Estate Bill, 2013, which was tabled in the monsoon session of the Parliament aims to set up a regulatory body to guard consumers and promote the sector. It is believed that setting up of the regulatory body will address disputes and improve the image of the industry, which has taken a beating in the past few years amid reports of forgery by developers.