CREDAI Bangalore organized its First Expo for 2014 on March 29th and 30th

CREDAI Bangalore the Real estate developers’ body organized its first new expo in 2014 on March 29th and 30th in Bangalore.

The Expo was a zone-wise realty exhibition with selective locations that displayed properties from 31 builders and financial institutions and invited many prospective buyers in Bangalore.

The CEO of CREDAI Bangalore said the expo provided details to the prospective home buyers on various projects of developers who participated and zone-wise projects in the city.

A view of office space demand in India

A recent report has showed that the India office space demand is likely to grow by 7 per cent in 2014 totaling to 29 million sq. ft. in seven major cities of the country. Few points were highlighted in the report like:

• Office space rentals will be stable in first half of 2014 and rental values will increase in the second half of 2014
• Post general election, economic activity and growth are likely to happen in second half of 2014 which will increase the demand for office space by 7 per cent in 2014
• 40 per cent of end-users who were surveyed said that they need office space

A view on housing projects in India

The increase in value and decrease in the demand has forced the real estate developers and builders across the country to focus on affordable housing projects.

Sales Volume of 25 listed real estate companies dipped in Q3

In the first half during the quarter ended December of previous year, about 25 listed realty companies saw drop in sales volume and factors for this is considered as low demand, high borrowing rates, delay in construction, liquidity crisis due to high cost of funds and delay in approvals.

Visit Dreamz Infra Reviews official blogs to know about real estate business of India.

Dreamz Infra Offers 20% Discount on Flats in Ugadi Festival Offer

Dreamz Infra India Limited is offering additional 20% discount on booking a flat on the occasion of Ugadi Festival offer (Home Fair). The company has more than 40 residential projects across the Bangalore city. The principal aim of the builder is to provide quality flats at very affordable cost to the people. In fact, the pricing structures of Dreamz Infra apartments are very low as compared to the current market price. Again, this is an opportunity to meet existing customers those who have already booked the flats. People can have the sufficient freedom to take decision on investment with the company. To get clear information about the customers’ testimonials upon the company's real estate business go through Dreamz Infra India Limited official websites. 

Realty Companies See Steady and Cheerful Residential Market - Bangalore

The residential real estate market of Bangalore is dominated by the end-users who are more specific about the location where the realty companies in Bangalore could give more project options and souk their projects.  The increase in home loan rates didn’t affect the borrowers to great extent. With the stable capital value in several sub-markets due to fall in the sale and continued increase in value in the last eight quarters, the affordability is decreasing and the lending rates are increasing.

Many banks and Housing Finance Corporations (HFCs) say that the significant demand for home loan in Bangalore is not affected with the successive increase of lending rates in earlier years. Though the drive could have subdued the borrowers but it was for brief, yet banks and many housing finance establishments received major proposals.

According to a report, the real estate residential units were sold out in the price range of Rs.40 to Rs.75 lakh and high-rise residential projects in the range of Rs.1.5 crore to Rs.2.2 crore saw a great demand in the last eight quarters. Real estate market saw launch of premium and cutting-edge residential projects and many pending projects waiting for the approvals form the concerned authorities. The Bangalore real estate market also observed consistent demand for high-end residential projects like villa projects and 2 BHK apartments.

For high-end residential projects, buyers like senior corporate mavens and HNIs were enthusiastic to invest and most demand for this kind of projects were witnessed in locations like around Hebbal Flyover, Kodihalli Junction, Koramangala, Indira Nagar,and Bannerghatta Road.The cost value of the projects was priced in the range of Rs.6000 to Rs.16, 000 per sq. ft.

Bangalore City considered as the third largest real estate investment hub for High Net-worth Individuals (HNIs) and rated as top city in terms of investments from non-resident Indians (NRIs), the residential market is unveiling continued stabilized growth in the first half of 2014 and is likely to see more activities in the second half 2014 with post general elections and other measures taken by government will boost the real estate market of Bangalore.

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