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Why Is Chennai an Ideal Realty Investment Destination?

Posted by devil | Friday, February 6, 2015 | Posted in , , , ,

Being on the list of the 12 most preferred cities in the world for realty investment, it doesn't come as a surprise to see a wave of positive buyers' sentiments flowing. Potential home buyers and property seekers are now showing a keen interest in purchasing properties in Chennai for its high ROI (Return on Investment). The appreciating capital values of homes are luring many local and national real estate developers to create many state of the art residential ventures.
The steady housing demand has resulted in creation of many active residential catchment areas. Recent reports suggest that regions along the western side of the city have recorded a high absorption rate. With the affordable segment selling more inventories, builders are now creating an array of homes that meet the needs and demands of MIGs (Middle Income Group) individuals. Peripherals along the East Coast Road, OMR and Poonamallee are bustling with construction activities. Factors like steady infrastructure and the growing IT (Information and Technology) sector have lured many white collared professionals to invest in smaller apartments in Chennai.
Why Is Chennai an Ideal Realty Investment Destination?

How Will the Real Estate Market Perform in 2014? By Christopher Zeitz

Posted by Zainab Amin | Wednesday, February 5, 2014 | Posted in , , , , , , ,

Everyone is always looking to have a home to purchase, or sell, or are currently paying off mortgages from their previous home purchase.
The year 2013 saw a quick surge in home prices. In 2014, you can expect to experience an increase in prices, but not as big a rate as in 2013. The rate of increase in prices in 2014 will be slower, steadier, and not as volatile. This is still good news for those who have delayed in re-selling their purchased homes. There are those who have purchased homes in 2006, at the height of the real estate boom, and have waited to re-sell these purchased homes in hopes to get a higher profit out of their investment. That time has come. 2014 will be a seller's market in real estate.
As mentioned, the increase of prices in 2014 will still continue, though it won't be as notable. Prices will rise as much as 6%, which is almost half the price increase from 2013.

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