Sunday 4 December 2011

Real estate prices in past few years have spiraled enormously /Dec.,2011


Honey Katiyal, CEO, Investors Clinic, India’s leading real estate consultancy, said: “NRIs are choosing other cities apart from their hometowns especially Mumbai, Delhi, Pune, Gurgaon and Noida, which reflects the sentiments that the investors are looking for good investment options for increasing their wealth.”

“These cities are favorable as investors can make good profit as the real estate prices in past few years have spiraled enormously and will witness upward trend in the future, barring 10 to 15 percent correction in some parts of these cities, plus the cities give good rental income. Home loans and other facilities from banks and builders can also be availed quickly; all this makes them good options for investment. We as one of the India’s largest real estate management consultancies have seen this trend and expect the same to continue in foreseeable future”.