Guide To Create Wealth With Residential Real Estate

By Author: Chirag Dash
Total Articles: 4

How can an investor generate the most returns from a real estate in Bhubaneswar, India? Bhubaneswar and Cuttack are among the fastest growing cities, where the real estate market is well regulated. Presence of large commercial projects, Six laning of the NH-5, Industrial complexes have resulted in higher housing demand in the city.

The real estate market, specially apartments in bhubaneswar, is currently in the middle of fairly challenging times. In the last few years, there have been a few noticeable macro shifts that have challenged the realty sector. The demonetization exercise in November 2016 put brakes on the growth of the real estate market as it made the rampant use of cash in real estate transactions more difficult to track. The Real Estate Regulation Act (RERA) that was passed by the Centre in 2016 and most states in 2017 put a lot of onus on builders which further halted new offerings in the residential space. Several Apartments in Bhubaneswar are in stand still after demonetization

Before checking into apartments in Bhubaneswar, a home buyer must keep certain things in mind:- Before investing take a feel of the property cycle currently in progress. One should invest in down cycle and sell in up cycle not reverse if duration is for long term.Chosen location with good infrastructure, with ability to sustain growth with potential for high capital value appreciation.Have a clear understanding of quality of construction materials used and credibility of the developer.The property/flats must be RERA registered. Development plans and other statutory approvals should be in place.The time frame for getting property possession must be clearly mentioned.Investors must check all the clause in the sale agreement, with any transfer charges applicable.Compare the project with others based on the carpet area.So, these were some of the checklists that one can follow while choosing flats in Bhubaneswar, for himself. Any queries feel free to ask us via our email id sales_crest@falconrealestate.in

Falcon Real Estate, is a part of the prestigious Falcon Group, one of the most genuine names within the housing and infrastructure realm of Odisha. We provide apartments in bhubaneswar which are meticulously carved, and shows the true pride of ownership.

https://falconrealestate.in/