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Makaan.com
http://www.makaan.com
Makaan.com – Real Properties. Real Buyers
Makaan.com is an online real-estate service, committed to helping users make wise and profitable decisions related to buying, selling, renting and leasing of properties in India.
The site got its name considering the fact that “Makaan” is the most commonly used word among the Indian real-estate fraternity (property seekers, brokers and builders), and that most Indians refer to their dream house as “Makaan”.
Makaan.com provides users with a superior real-estate experience by making the entire online process of finding property buyers and sellers easier, faster, secure and more accurate. For buyers, Makaan.com offers a large number of property options, while for the sellers; it provides better reach than ever before, ensuring an advanced user experience for both the audiences.
Innovative product offerings like Click Pay, Smart Broker Banner, Smart Builder Banner, Makaan Mobile Application etc., which are of benefit to advertisers as well as individuals.
The site has been designed keeping the usability in mind. Makaan.com has incorporated a number of design elements, which will leave users pleasantly surprised, once they start using the site’s services.
Makaan.com is presently concentrating on the top 13 cities of India, including Delhi, Mumbai, Kolkata, Bangalore, Chennai, Hyderabad, Ahmedabad, Pune, Chandigarh, Jaipur, Kochi and has 11 branch offices across the country. So, Simply, login to Makaan.com and search for your makaan ends at Makaan.com.
Makaan.com’s promoter is People Interactive; the consumer Internet division of the Anupam Mittal led People Group, which owns Shaadi.com, Shaadipoint centre.com, Shaaditimes.com, Shaadipages.com, Astrolife.com, Mauj.com.
If you are still mulling over whether or not to buy property, then this is the time to stop thinking. Just less than a year back, land in most cases was over-valued. In certain markets, the capital appreciated so fast that in some cases it rose by 300 percent begetting a lot of liquidity and speculation. But with the depression which started last October, the market started falling steeply. First the price got stabilized and then turned down, 20-30 percent in average and about 50-70 percent in Delhi, NCR. Prices of real estate have gone down about 15% in south Delhi, 25% in Noida, and about 20% in Gurgaon.
And if you think that the price will still fall then you might miss the opportunity because those realtors who were suffering from budget problem were forced in some local operations to drop prices and they did but in major markets due to the holding capacity of the bigger developers, most probably the price will not drop as they can wait for longer period for the price to rise. Those who overpriced earlier are giving various types of incentives such as cars, free registration, stamp duty waiver, free parking area, discounts, or even a flat in another locality. Since the market is slow and it might be difficult to get another deal, the dealers are willing to negotiate. And if you are thinking to buy a house costing less than 20 Lakhs, you can also avail cheaper bank loans. Prices of the properties are near to their bottom.
Now, the price of the land has started to rise for several reasons. First the overall market is getting corrected another reason can be credited to the emergence of shopping malls at different places.
And by now if you have made up your mind to buy property anywhere in India, you should always keep in mind that any real estate property which is under construction is cheaper than the readymade one, so it is always better to seek for apartment under construction. Also don’t forget to verify the legitimacy of the developer and validity of the certification. Due date of development, exact date of possession and terms and conditions, if any, should be clearly understood. These things may seem simple but insures you against any future embarrassment.
Itâs a known fact India Real Estate is booming it has given birth to innumerable opportunities for investment throughout the country. All throughout the country, whether it is the metropolitans or the two or three tier cities are exploding with commercial high rises, residential townships, industrial parks and shopping malls. It is estimated that Indian real estate is presently growing at 30 % per annum and the property industry boasts of a wide range of products that includes property prices which would suit even the people of the low-income group .
With the property prices shooting up in most of the Indian metros, buyers are looking towards investing in two and three tier towns where real estate development is growing at a rapid pace. Chandigarh in North India ranks high in the list of potential cities for a vibrant Indian property market. With rapid development taking place in its outskirts areas such as Panchkula, Mohali, Dera Bassi and Zirakpur, Chandigarh is certainly one of the booming real estate cities of India.
It wouldnât be unfair to say the NCR in the north has dominated the Indian Real Estate industry as there is tremendous demand for Delhi properties, Gurgaon properties and Noida and Greater Noida properties. The property prices of Delhi properties have seen an appreciation in their values in its upcoming areas such as Dwarka, Mayur Vihar and Patparganj. Greater Noida is following close on the heels of Noida where the property rates have increased in a short span of time due to the upcoming international airport, metro network and the upcoming Commonwealth Games.
The property prices in Mumbai are at an all time high as there has been a considerable increase of around 40 per cent in many of its locations. Increased property rates in Mumbai have made real estate developers and buyers look for more affordable options in the suburbs like Navi Mumbai. Areas beyond Vasai, Virar, Dombival, Thane and Panvel are being touted as the upcoming townships for real estate development in western part of India. India real estate in the South are rapidly developing in Chennai, which has seen a large emergence of IT companies in the recent past thereby bringing in a demand for both commercial and residential properties. Bangalore the IT hub of India already enjoys a high rate of real estate development and to meet the growing demand, even the suburbs of Bangalore are being developed by India real estate developers.
Primarily India properties are concentrated around the metros and the suburbs along with some of the two tier cities such as Chandigarh, Pune, Kochi and Jaipur. Investing in a property in any one of the emerging cities and towns are going to appreciate in value as properties across India are experiencing property price rise. Through magicbricks you can find some of the best India properties across a gamut of cities and regions.
Indian real estate is becoming a hot subject among investors around the world as it provides them a chance to earn high return on investments. However, Indian property market is a highly fragmented sector with high transaction costs and less transparency.
The sector is holding the market size of $12 billion real estate and is likely to grow by 30 per cent each year. With the economy growing at a rapid pace – the rate is about 8 per cent – there is a surge in the demand for quality residential properties in India.
Real estate in India will grow to $90 billion in 10 years. There is no other productive avenue for investing money than property investments in India. The prospects of the pouring money in India properties have encouraged Non Indian Residents (NRIs).
The Reserve Bank of India (RBI) has relaxed the rules further for NRIs to invest in Indian property market. The authority has taken the move for NRIs with respect to repatriation of FDI on real estate investments. In addition to this, India offers 10 to 12 per cent returns, perhaps the highest in the world.
Also, the rental property in India is making new high and is believed to be the best as far as the capital value of the property is concerned. Investment in commercial property in India, where the returns are 10 to 15 per cent, is a proven option.
Taking a look at the excellent opportunities being offered by Indian property market, investing large amount here is certainly worth the idea. All these features make the market hot among investors.
More ostensibly, the sector offers the right impetus to the real estate enthusiasts and industry professionals.
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