Future Property Value, Why to Invest Today, Where to Invest In Lands
Posted: Feb 28, 2019
Is It Good Time to Investment in Land?
Yes, this is the best time to invest in land with RERA coming up in several states; the property market is steering ahead and scaling new heights. According to real estate agents and developers, this is the right time to invest in NA plots near Purandar airport.
Today’s Real Estate Market Value
The Prevailing realty market offers great opportunities for buyers to invest and earn good returns as the property rates seen the correction phase and it is expected to come up in near future. This is the time when the investors can get better options and good deals. Buyers should not delay their decisions as they can negotiate prices in primary as well as secondary markets.
Future Property Value
Indian markets are seeing a slowdown and the developed markets are growing exponentially. There is great potential in Indian realty markets as RERA coming into the picture and the new scheme launched by Modi government that is housing for all by 2022. With these things, the market will be more regulated and will bring transparency. This will boost the realty sector with more opportunities for investors.
Why Invest Today?
Most of the buyers make mistake by investing in property when the market is booming and hence the returns are not expected. The realty market has seen correction phase. From past few years, the realty market has been going through massive change.GST and RERA has altered the dynamics of the real estate market. Where the customer is at driver’s seat and has access to the data and information at his fingertips. This transparency has resulted in an upward trend in buyers sentiments and NRI’s faith has been increased and they are keen to make more purchases.
Where to invest in land?
So if you are looking to buy NA plots in Saswad then you can go for the locations like Purandar and Saswad, these areas are presently considered outskirts and the plot prices are low compared to other areas. Purandar is just 45 minutes away from Pune city. After the government has decided The ‘Chatrapati Sambhaji Raje Airport’ will come up near the Paragon-Memane villages, located to the South East of Pune, near the town of Saswad and the Purandar Fort. Property value has almost doubled in last 2yrs and once the airport is up and running the rates will increase drastically.
Agriculture and non-agriculture land have a different set of rules. Most of the time NA lands do not qualify loan from the nationalized or leading private banks sometimes the plots are approved by banks and sold at higher rates.
When you decide to buy the land find out if the seller is willing to register the sale deed in the office of sub-registrar immediately after the sale. If he is not ready for that then there are some issues with the status of the land. Many times the seller asks months to register as they do not have some necessary clearances from the collector’s office. Avoid such plots where the sellers take time to register the plot.
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