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Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Why is Credai moving toward bulk buying? Apart from cost cutting, is there any other reason?
Latest Answer: I think it is a good Move by Credai as it can bring down the selling price of the property. We have also seen the rising costs of inputs like cement, steel and sand over the past few years. Now, it was essential for the real estate industry to find ways to control and manage costs as sales of residential properties are standstill.
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Latest Answer: You are right Govinda, Recently I inquired about a house. I was told that there was PSL cost. PSL stands for Premium Scenic Location. This PSL is because the flat faces mountains. The mountains are in a forest location which is owned by Government. Now who will tell the builders to stop the looting and cheating.The builders want all benefits from Government but never pass the same to flat owner.
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Latest Answer: You are right Diwakar, In 2014, the Maharahstra government had given in principle approval for addition of 34 border villages into the municipality limits. Pune in recent times has seen a excexx of projects being launched by developers.
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Q: Hi, now a days judging various property developers before you buy your home can be a nerve-wracking exercise.

Latest Answer: Hi, Don’t need to worry. Rating agencies such as CRISIL have ways to judge the various risks associated with real estate projects. You can take a leaf out of their books when selecting your home to ensure that your money is in safe hands.
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Q: Hi, Realty firm Omaxe is expecting about 20% increase in sales bookings this financial year at over Rs 2500 crore.

Latest Answer: Hi, Do you know why they are expecting so? Because the company's sales bookings fell by 11% during last financial year to Rs 2107 crore against Rs 2373 crore in the year before.
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Q: Hi, can anybody tell me is there any chance for the housing market recover without price corrections?
Latest Answer: Hi, As realty stocks grow and debt-laden firms ask for interest rate cuts to make glad the market, the remarkable counterpart is of setting-up inventories, declining incomes but rising house prices.
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Q: Hi, Are you looking for property that offers you quick and good returns? Then buy or invest in Pirangut, located in the west of Pune, can offer you that quick and good returns.
Latest Answer: I am looking forward to invest in residential plots at Pune. Being a young professional, I am low budget. 1.)Which areas have a high potential for appreciation? 2.)How to find out the authenticity of Property brokers, sellers, land ownership etc? 3.) Is land loan for buying the residential plot for investment purpose a wise choice?
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Q: How is the real estate scenario in Mahadevpura?
Latest Answer: Thanks for the information dude. How is Trifecta Starlight by Trifecta Projects? Are the approvals in place?
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Q: How is the realty market in Mysore?
Latest Answer: The reason behind the increased interest of NRIs is that interest rates on home loans for NRIs have reached a 20-year low. Interest rates on other NRI loans such as home improvement loans and land loans have also been reduced to 12 per cent.
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Q: Is there any fall in the Indian realty market?

Latest Answer: Even the firm also stressed upon ensuring quality and timely delivery to customers.
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