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This would be a gainful real estate changes in 2016 and we can expect the more number of home buyers in near future. This all features will definitely increase the outcome of Indian real estate as compare to past 2 years.
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A Gainful Real Estate Changes in 2016 90 % of the real estate supply in the country is now in a very affordable range. JLL Sells housing projects at a discount of 5-8 % till April 30, 2016. 3. RBI Governor Raghuram Rajan asked to reduce the housing prices to encourage home buyers. Social Media is becoming a major lifeguard in protesting the home buyers. 5. Google takes 1 Lakh Sq. ft. office space on lease in Bengaluru.
Real Estate Supply – Affordable Range 1 • The Indian real estate taken a different mode now and nearly 90 % of the • Real estate are affordable in 2016. • In some places the housing prices has come down 25-30 %. • The central bank of India has a default cut rates by 1.5 % since January, 2015. • Now it has changed to cut the rate by 0.25 % to 6.5 %. • LiasesForas managing director Pankaj Kapoor said that the prices in new projects • Have been lowered. • The average calculation also shows that the price of under-construction buildings and • New launches in Indian city has a 15-20 % reduction.
JJL Housing Projects – 5- 8 % discounts 2 • JLL firm offering over 100 housing projects at a discount of 5-8 %. • This online Housing Fest started on 5th April, 2016 and the sale will be extended • Till 30th April, 2016. • Getting 800-1000 daily registrations and expect more registration till April 30, • JLL India CEO- Residential Services Ashwinder Raj Singh said. • JLL India has closed the deals worth Rs 30 crore during this online Housing Festival.
Reduction of price – Encourages Home Buyers 3 • A big feast for Home Buyers as the RBI Governor Raghuram Rajan put the responsibility • On real estate developers for the reduction of prices to encourage the property lovers. • The idea of cutting down the prices will be a great credit for the home buyers in 2016 • And this is a great opportunity for those who is going to buy the property for the first time. • The central bank of India has a default cut rates by 1.5 % since January, 2015. • Now it has changed to cut the rate by 0.25 % to 6.5 %. • Apart from interest rates another important measures are affordable housing loans • according to MR. Rajanto support the financial side of the Home buyers.
Social Media a lifeguard for Home Buyers 4 • Social Media is becoming the new platform for the home buyers to raise voice against • Of any truant builders. • It is an effective tool to make truant builders to deliver the projects on time. • Social media is the most powerful tool as its spreads the information around the world • Much faster to the people who are connected in it. • People are more beneficial because of social media and becomes more reactive on • social media
Google takes 1 Lakh Sq Ft in Bengaluru 5 • Google occupies 1 Lakh square feet office space on lease in Bengaluru’s Bagmane • World Technology Centre under the guidance of Sundar Pichai’s plans. • The Google is stepping forward to achieve the vision of making double the number • Of its employees in India to 13,000 by 2019. • This headcount of employees will not be done immediately and it is on process. • Moreover it will be done in the next three-five years. • According to Cushman and Wakefield the office space demand in India grew 19 % • In first quarter of 2016.
This Sector will be in Mahadevapura, the infrastructure of this place is going to grew • In near future and the places like Yelahanka is very nearby and the people around • Yelahanka will grab this opportunity of high standard jobs in few years. • People who wish to settle down in Bengaluru can grab the double opportunity of • buying new projects in Yelahankaand IT jobs in Mahadevapura in near future.
