Real Estate Forum on Residential Property

Latest Answer: Hi Mr Srinivas, Foreclosed houses are the houses auctioned by banks to recover the loans that buyers fail to repay and, hence, the cut in prices. Such properties are cheaper by 10-25 per cent of their prevailing market value. Those houses are called foreclosed property. There are many definitions for foreclosed property.

Latest Answer: Apart from Noida and Gurgaon, Greater Noida and Faridabad are hot destinations for plotted developments in the NCR

Latest Answer: Aliganj is a good choice to invest as the average apartment prices have witnessed a growth of 8 to 10% compared to last year. The downside as mentioned by the above user is all there are absolutely no new projects and the whole market is virtually a resale market. If you buy any property in resale at a premium chances are that it may take you medium to long term to attain substantial gains. Aliganj has a number of positive factors going in its favor that’s why consumer sentiment has always been high for the region. You can also focus on Jankipuram as suggested by the above member.

Latest Answer: The best residential project which is coming up is Horizon Concepts : Orrizonte in KP3, greater Noida. Its coming with 12% assured return and 9% lease guarantee. The apartments are coming with all the gadgets and amenities (fully furnished-ready to move in). The prices are the best in the industry so is the project- just 1 minute drive from Expo mart and all the area around it is already inhabited.

Latest Answer: Hi James, As per my knowledge, the loading factor is constantly figured as a percentage. This changes from project to project and cities to cites. For example in Delhi-NCR, it is 20%-40%, in Bangalore 20% to 30%. Similarly like in Chennai ,it is 25% to 30%. In Mumbai metropolitan region, loading factor is more than compared to other cities, 50%-60%.

Latest Answer: Demand would be more for perticular location and over all cost for apartment are increasing w.r.t systems