Certain factors that effect the realy market

Hello Sishir,
When home loan interest rates increase, the demand for property slows down because fewer buyers can afford to shell out the extra money charged by the banks. At the other end, a decrease in home loan interest rates increases affordability and boosts demand for properties.

Thanks Rituraj,
Can you tell me something about the real estate market driver? Which are the developments that increase the value of living there?

Ofcourse,
The establishment of a new workplace hub (such as an office complex)
A shopping mall and/or entertainment complex
Zoning regulations that do not permit excessive construction projects, thereby increasing the overall ambience via more open spaces, greenery, etc. (The Pimpri Chinchwad area of Pune is a perfect example of controlled development via forward-looking zoning regulations)
Transportation facilities that make the location more accessible via road, air or rail
Infrastructure projects that increase the quality of living in the area (such as dedicated water and electricity supply, public gardens, etc.)
The proximity of schools, colleges and healthcare facilities that reduce travelling time to essential services.

Good answers Rituraj,
Is population also the one of factor that increases the demands for residential property?

Thanks Sishir,
Yes, the population growth in area naturally increases the demand for residential properties there, and this translates directly into appreciation in real estate prices.