Real estate now emerged as an option after gold and stock market climbed

Real estate business now emerged as an option after the rise of gold and stock market, it is likely to improve the market. Would it be right to invest in the real estate business, let us know some important things that are indicated in the real estate business?

After researching the data of several cities like Bhopal, Ahmedabad, Jaipur, Raipur, Ranchi, Aurangabad, Patna, etc. I am giving you some ideas on the improvement of real estate.

The real estate sector is beginning to emerge from the Corona crisis. Due to government measures, the builders are completing their projects fast. Due to this, the demand for ready possession property has started increasing.

Booking of such property is happening more on the occasion of Ganesh festival. States like Delhi-NCR, Gujarat, Madhya Pradesh, Rajasthan, and Jharkhand are expected to sell more than last year.

In most cities, inquiries are coming to the builders for booking on Ganesh Utsav. Mohit Goel, CEO of Omex Group, Punjab, says that the government has helped the industry and infrastructure sector tremendously.

Also, many people have returned to Punjab and Chandigarh in lockdown. This has increased demand. , General Secretary, CREDAI Delhi NCR, says that on the occasion of Ganesh Chaturthi, bookings of houses and flats are expected to increase by 20%.

If the officials of Madhya Pradesh CREDAI are considered, then people from big cities are now returning to Bhopal due to work from home. NRIs also want to buy property in India.

Jharkhand and Bihar: With the rise in gold prices and the stock market now attention on property: According to the officials of CREDAI Jharkhand and Bihar, demand for land, flats and independent houses will be very good in the coming days. There has been a lot of lifting in the stock market and gold is quite expensive. That is why people are now looking to invest in property.

Rajasthan: 50% more bookings are expected from last year, this time around 500 flats in the state and 150 flats in Jaipur are expected to be sold. Last year, around 100 flats were sold on the occasion of Ganesh Chaturthi in Jaipur. People have started questioning to get Ganesh Chaturthi booked. This is because - historically, home loans are available at the lowest rate. Due to the work from home in the Corona era, people want their home. Government subsidy is available in affordable housing. - Other investment options like Sonachandi became expensive, while property rates are stable.

Last year, 175 to 200 units were sold on the occasion of Ganesh Utsav. There is a possibility of selling 100 units this year. On the occasion of Ganesh Chaturthi in Madhya Pradesh, more than 300 houses are expected to be sold.