Real Estate in India in largely divided into Residential apartment and commercial space. It is interesting to note that just as there are takers for commercial space; Residential apartment Flats in India are coming up in separation. Most of the Real Estate Developers who are offering residential apartment Flats in India are coming up with gated communities which not only has residential space but also commercial inside the project.
This is to ensure that people stay in a society does not need to step out for anything. Hence offerings which consist of Residential Homes today are clubbed with shopping malls and multiplex and various other services which add value to the project.
A Residential Apartment House in India is facing customers who are well informed and are difficult to delight. Had looked as an enhanced attribute in residential flats of India has become a necessity now. The customers are also sensitive and demand price slash and discounts on projects irrespective of the name, date of possession and location.
The market for Residential apartment Flats in India today is hence largely a buyers market. The builders' gallery is studded with local and international players who are constantly upgrading their offers and providing nice-looking schemes to attract customers.
Another key aspect which has not only affect the Sale of Residential apartment Flats in India but throughout India is the slash in interests of the home loans. The low rates have prompted buyers to consider options of taking a housing loan. This has delayed their budget of purchasing a Residential apartment Flat as well.
The price of a Residential Apartment in India is ranging from something around 2500- 3000/ sft. All builders have more or less aligned themselves to this price range depending on the features and services and the immediacy to modes of transport and contact. Whereas on one hand builders are trying to balance between the slashed prices, buyers seem to be in a hurry to book a flat before the prices soar up again.
Price of Residential apartment Flats in India is projected to rise up by end of September with the coming of the promising season. Hence there is no need on the judgment to buy. Builders too are ready with approvals and land titles which are the basic necessities in the purchase of flats.