In the recent days, one must have noticed the growth in demand of the small housing properties, due to decease in the family size. Husband and wife, these days, prefer having small families, which again adds to the demand of short houses. This practise has been followed by the people, also because of the increasing cost of the products to be used on daily basis. I can surely say, the demand of bungalows has decreased to a lot, due to the people preferences shifting from the big bungalows to two- three bedroom flats. But with the fading away of the recession and the times of slowdown, purchase of commercial property is again boosting up in the real estate market.
The real estate market is growing with the buyers preferences changing towards the commercial property and people planning to invest more in the commercial real sector. It’s no doubt, that investing in real estate is the best investment a person does for his amazing future. People buy small houses, according to their family needs and try and invest the rest of the money in the production of surplus benefits, by converting the raw cash into assets like property and gold.
Also with the commencement of Olympics in India, this time, real estate sector is expected to take a major jump, towards the growth and demand of the property. Also, the whole structure and look of the capital is getting changed, adding to the demand of the managers and dealers of the real estate market. According to the reports by a real estate consultancy firm, the business of shopping malls and shops at the prime locations of the city and NCR like CP, South- Ex market, Karol Bagh, Noida, Gurgaon, will surely experience the best of the earning times. So, I can say that all people in the real estate sector should make themselves ready for the encashment of the losses faced during the slowdown.
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