[fizzyhomes_admin]

As we all know, real estate business in India is growing very fast. Everyone prefers to search property online nowadays and buy according to their desire. There are many websites in India which serves as the real estate portals. If we talk about covering the areas of block level, then it’s very tough to answer it. Property in Jharkhand, Property in Bihar, Property in Orissa, Property in West Bengal is available in huge numbers, but the properties in block level are yet to be available for all through all the Real Estate portals. Block level people are yet to get the facilities of real estate portal.

[fizzyhomes_admin]

Demonetization decision taken by the government may put some effect on Real Estate like slow down its growth a bit but saying because of demonetization crashed the Real estate market is absolutely wrong and Real Estate is the most safest way to invest in and give the assured result when you need .and according to me this is the best time to invest in Real Estate as right know it is under the slow process and you will find your desired location within your desired budget and as soon as the effect of demonetization get neutralized the slow process will get back to its normal graph of progression.

[fizzyhomes_admin]

Real Estate India majorly runs on cash transactions from people who pile up their undeclared money and invest it in property in India. It is a popular mode of parking idle and unaccounted money and a huge number of real estate transactions in India are either not reported or under-reported in order to avoid property transaction taxes.

[fizzyhomes_admin]

Yes! It has already started affecting.Effects of demonetization on Real Estate in Indian Market:

• Rates have gone down, official government biding have seen downfall. For eg. earlier the Reserve price for XYZ was 1 Crore, which has now come down to 50 Lakhs.
• People who bought XYZ property in biding earlier have raised their hands to GIVE UP as they don’t have WHITE money to pay for it.
• Rates will come down in coming days, when there will be no transactions in BLACK and people will have to do all in WHITE which most people don’t have.

[fizzyhomes_admin]

This is a very confusing question for all of us. It’s just that it totally depends on the portal you are using.We have fizzyhomes.com as the newest portal in India now. It will provide everyone with all the solution to the real estate problems. I will suggest everyone to try out this new and versatile portal as it also gives the best of financial advices too in the field of real estate.

[fizzyhomes_admin]

This is a question of a concern which is the best real estate portal because there is plethora of different websites based on the same and the real task comes which to believe, so it’s not daunting because here comes the top portals that you can believe in because they are authentic when it comes to-

• Information
• Options
• Reliability
• Position

So the site that has everything inside it, in other words we can say, “it’s all in one where you find deep information on everything”.

[fizzyhomes_admin]

Real estate slowdown: Key points:

• Delhi-NCR, where the sales rate has declined by 10%
• Pune, Hyderabad and Kolkata, the sales rates of these cities still remain in double-digits at 12-13%
• Mumbai fall was moderate, owing to low sales rate throughout the said period.

[fizzyhomes_admin]

Suvishesh Valsan, AVP – research & real estate intelligence service, JLL India lists out five broad factors that influence real estate markets, including country’s GDP and employment scene, credit availability, interest rates, housing supply dynamics and consumer confidence. These factors indicate the formula for revival could lie within the reach of builders and policymakers.

• GDP and employment scene: In contrast to the housing sales rate, India’s GDP has been rising consistently over the last two years from 6.9% y-o-y growth in fiscal year 2013-14 to 7.3% in 2014-15, and is expected to be over 7.5% in 2015-16. Also, the monthly reports of leading recruitment firms in India suggest that hiring activity has picked up pace, particularly in the last year.
• Credit availability: RBI data on the growth in home loans as well as the growth in credit to the construction sector (including loans to public housing agencies) reveals healthy credit offtake. Home loans have grown at a 17% y-o-y average over the last two years (until May 2015) whereas bank credit given to the construction sector grew at 22% y-o-y – one of the highest levels of all sectors.
• Interest rates: CPI inflation has declined sharply by around 3% in the last two years and it now stands at 5% (as of May 2015), which is well within the comfort zone defined by the Reserve Bank. Consequently, the RBI has responded with three rate cuts (totalling 75 basis points) since the start of 2015, with a possibility of more rate cuts in the near-term.
• Housing supply: Developers have consistently launched close to 60,000 units every quarter since 1Q13 despite the slowing demand. As a result, developers’ unsold stock has mounted, particularly in NCR-Delhi, Mumbai and Chennai.
• Consumer confidence: With above factors portraying a positive picture for the economy, the influence on consumer confidence is positive. This is also borne out by various market reports. However, the rising consumer confidence has not translated into higher demand for apartments.

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