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Posted: Apr 23, 2018
Gift City Latest Update The fact that in terms of investment option, gold stands as small investment vis-à-vis real-estate that is a lifetime investment, women are looking forward to book an apartment this year. Take the case of Varsha Mehta, a lecturer by profession, who has dumped her instinct to buy more gold for house purchase. As a matter of fact, she has already sold some parts of her gold portfolio to invest into property. She will book her apartment in Ahmadabad on the auspicious day of Akshay Tritiya. The reasons that she give clearly suggest that women in Ahmadabad and Vadodara are now more rational than emotional when it comes to investment and future security.
In terms of investment and return on investment, property scores over any other investment basket, including gold. When women used to be just housewives, then it was the husbands' prerogative to buy a house but today women are working and their financial management has to be as prudent as their male counter parts. Hence, this shift to property is quite logical, says Mehta. Neeraj Tomar, head Ahmedabad, JLL India finds a method in the madness for property when he says that real-estate in the past has definitely seen greater appreciation vis-à-vis gold owing to that, people are more tempted to invest in real-estate. Gift City News However does not agree that women have switched their preferences. The jewellers in the two cities, however, seem to be concerned. A local jeweller even admitted that the business has witnessed 30 per cent less transactions due to preference of women for property over gold. According to this jeweller, while the real-estate community has succeeded in making this change of mindset with their advertising campaigns, the jewellery market is not ready for this. Well, jewellers' loss in the two cities Ahmedabad and Vadodara is definitely the gain of the real-estate developers. To what extent this change of mindset will result in property transactions will be known only on the day of Akshay Tritiya, but what can be vouchsafed is the fact that women across Ahmedabad and Vadodara are showing a new trend for the other cities needless to point out that preference of real-estate over gold will definitely give them better return on investment in future as well as security.
Moreover, the development of projects such as IT parks, Riverfront and gift city has helped the real-estate market of Ahmedabad to grow at tremendous rate. Today, investing or buying a property in Ahmedabad assures unprecedented and extraordinary returns to the buyer. It is the increasing capital value of real-estate assets which has made Ahmedabad the highest sweep stoker in the property market. Property in Ahmedabad is flourishing with many commercial as well residential projects. From the corporate spaces and commercial malls to the IT/ITES parks, flats and apartments to bungalows and township the appreciation of property are it in terms of return value or acquisition rates can be witnessed in every aspect.
Property Mart is Leading Real estate Consultant in Bangalore from past couple of years offering to Book Prestige New Projects in Bangalore. For Booking Call us on: @ +08971315026 and Visit Out official site http://giftcityahmedabad.in