Thursday, August 3rd, 2017
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Right time to buy your dream house?




Market scenario

The market is upbeat despite economic downturn. GDP per capita income in India is $2,000 and is expected to increase to $3,500 by 2020. Higher incomes naturally translate into a higher appetite for housing. The country’s realty market will grow up to $180 billion by 2020 from the current about $100-110 billion, thereby accounting for 13 per cent of the GDP compared to the current 7 per cent. The projections are bright. Therefore there is no reason to hesitate.

Customer is king

The banks and the government have built up a conducive ecosystem for the buyer. Loans are easily available with flexi options depending on your salary and income range. Real Estate Regulatory Authority (RERA) Act, Benami Transaction Prohibition (Amendment) Act 2016, Real Estate Investment Trusts (REITs) etc have ensured that buyers get a fair and transparent deal. The government is committed to providing houses to all, as majority of Indians still don’t have an own house. It is providing substantial subsidy to buyers of certain segments to help them buy a house. Times can never be better than today. what and where you should buy? click next-

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