In Bangalore 2
BHK apartments are available in Whitefield and in Electronics city areas with wonderful
amenities and in prime locations. Koramangala and Bannerghatta areas also have
few 2 bhk and 3 bhk apartments to be sold. After the first quarter gains banks
are waiting for the further relaxation in RBI norms on lending home loans. As
the central government favoring on reducing the interest rates on home loans, we
see some increase in property enquiries for Hosur road properties and
bannerghatta road properties. The trend shows people are wanted to buy
properties in the outskirts of the city to have a peaceful atmosphere and
without any traffic congestion. 2bhk properties are selling like hot cakes in
other major cities also. Mumbai and Delhi's Noida locality properties are sold
within days of the announcement made.
NRIs are buying properties in India to get some profit out of it. It is said to be, that NRIs contribute 25-30% purchases in real estate segment. But most of the NRIs don't keep the property for a long time if they get a minimum expected profit they would sell and buy new properties. NRIs contribution mainly comes to the NOIDA properties and Mumbai properties. India's business capital Mumbai contributes largely in the growth of the real estate sector. The second major city to contribute in real estate sector is the Bangalore; the global city attracts most number of NRIs than any other city in India. Mumbai's purchases come from celebrities and domestic business people those who want to invest their money for long term gains. Fluctuating share market trends and some unexpected foreign investor’s movements force the local investors to come to the real estate sector.
NRIs are buying properties in India to get some profit out of it. It is said to be, that NRIs contribute 25-30% purchases in real estate segment. But most of the NRIs don't keep the property for a long time if they get a minimum expected profit they would sell and buy new properties. NRIs contribution mainly comes to the NOIDA properties and Mumbai properties. India's business capital Mumbai contributes largely in the growth of the real estate sector. The second major city to contribute in real estate sector is the Bangalore; the global city attracts most number of NRIs than any other city in India. Mumbai's purchases come from celebrities and domestic business people those who want to invest their money for long term gains. Fluctuating share market trends and some unexpected foreign investor’s movements force the local investors to come to the real estate sector.
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