India Budget is coming in Feb 2019. Are you looking for what changes in Budget can impact India real estate industry? Bangalore is one of the best places where you can invest you money in 2019. Hurry up start your investment today.
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How would the 2019 budget impact residential property buyers in india
1. Bangalore Upcoming Residential Apartment in 2019
Bangalore, as a city has witnessed rising statures of social infrastructure
development. Residents who were temporarily residing as tenants are now
transitioning to first-time property aspirants. Investing in the property
market doesn’t only give you an alternate source of income, you can even
monitor your money grow overtime. ​Godrej Aqua Residential
Apartment​ by the prestigious Godrej properties is a unique residential
project located to perfection at Hosahalli in Bangalore.
2. The project offers 2 and 3 BHK apartments that are scattered over 7+ acres
of land so residents can make the most of the space and resources provided.
With the introduction of real estate governing bodies like RERA and
increase in urban population, the demand for affordable housing has
increased significantly. This has given the opportunity for property
developers to come up with new strategies and capitalize on profitable
markets. Renowned schools, colleges and medical institutions are in close
proximity so residents can be rest assured to provide the best for their
children in regards to education and healthcare. With the ​Bangalore
International Airport​ in close proximity, customers can enjoy
impeccable connectivity to the rest of the city and strategize to rent out the
property for rental benefits. Now, with the 2019 budget fast approaching,
residents are in a dilemma to invest before the budget is finally devised.
3. How would the 2019 budget impact the Indian real
estate market?
Before heading to a property investment decision, one must analyze and
anticipate unforeseen circumstances. There are various aspects involved if
residents need to arrive at ​profitable investment decisions​. Disregarding
aspects that might not seem important at the time can adversely affect your
investment process. With the 2019 budget approach, the Indian property
market is sure to catch up with the demand created by residents from the
lower and the middle-class group. Let’s now look at some factors that may
influence and impact the national real estate market.
4. Special interest on Millennials
Considering the millennial population, the 2019 budget is sure to come up
with residential spaces that match the requirements of young IT
professionals and entrepreneurs. Most of the metropolitan cities, who are
providing high-paying job prospects are attracting millennials as they are
on the lookout for profitable property investment options. One thing that
would impact the Indian real estate market would be the involvement of
young IT crowd who are willing to buy or invest in properties despite
increasing land rates.
5. Contributing to social infrastructure
development
Rather than allocating most of the budget to create ​luxury and ultra-luxury
residential spaces​. The property market would notice a substantial amount
6. of money being used to create flawless architecture which will help land
appreciation and connectivity which is one of the most crucial aspects
considered by property aspirants. IT and other working professionals would
certainly benefit from this as they would want to reside close to where they
work because of long working hours.
An exponential rise in co-working spaces
7. It has been observed that more than 20-30% of India’s working population
prefer working from remote locations so they could go about with other
related activities with relative ease. For corporate offices that are far-off
from where residents stay, co-working spaces play a major role. 2019 would
definitely see an exponential rise in co-working spaces that would house a
significant number of residents who intend on working from other key
locations.
Property developers to employ a wait and
watch approach
The property market all over the country is never stable at any given point
of time. Based on several variable factors, the property market trends tend
to fluctuate every now and then. Investing in properties at an early stage is
great. However, one cannot predict surrounding developments to be
prominent in the years to come. To overcome this barrier, property
developers will employ a wait and watch approach, at least until the general
elections. The first half of the year, on many levels, is a great time prospect
for potential property buyers to strive for a hard bargain.
In conclusion, investing with ​Godrej Aqua Hosahalli​ is a profitable
choice, considering the benefits that the project has to offer in terms of
8. floor plans devised, amenities and structural designs. Not to forget, there
are many independent plots in close proximity to the project that is sure to
increase property value for a formidable investment experience.
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