REALTY SECTOR ON A REVIVAL SPREE, BEST TIME TO BUY

SEP. 2005

As the market sentiments are once again looking upward mobility, the Realty Sector which witnessed a boom phase during 2004 to 2008, its revival phase is being predicted in a near future. Actually, the global economic slow down has had a cascading effects on the Indian economy as it has merged with the global economy system.

Finding the reality sector filling the heat of financial crunch and slump in demands of houses, foreign & domestic investors deserted the Indian market, however as the Indian market growth can hardly be linked to global economy, though its share can never be littled, India has a vast internal market of its own.

To brow-beat this uncomfortable phase in real sector, the builders, developers and realtors have change their track and came out with slashed   price regime, making it a bit affordable for the end users to own a house. With a cut of 20% to 25% of prices of the houses and office spaces, the builders are once again in the driver’s seat.

One issue is well enough to gauge the sentiments of the market. The 12.65 lac application against 5010 houses{units} which DDA offered in the current year, exhibits alloquantly how the market is looking upward.

The demand of one/ two towers, consisting if 48 flats in each unit, by an investors in Gurgaon, gives an inkling of the second phase of reality boom knocking the door, Particularly in the NCR including Gurgaon, Noida. Gaziabad, Sonepat & even Bhiwadi (Raj), are well on the revival spree in realty sector.

Actually the cost of two bed room in Gurgaon and Noida for Rs 25,00 psft is based on the cost incurred on building 25 storied or even lesser building, the cost of land, construction/Building material and other subsidiary charges including advertisement, external development charges, landscaping, marketing , interest on bank loan etc. hardly cost of Rs. 25 lac plus some other charges.

We in the Tulip Infratech, are feeling much comfortable after a difficult phase is over. A new project in sec-69-70 in Gurgaon on more then 70 acres of land which we have initiated just in the month of June. We are pleased to find more than 60 percent proposed flats have already been booked. There are 3BHK (1137 sqft) with basic price of just 25 lac and 3BHK (1437 sqft) has a tag of Rs. 31.6 lacs.

It may be mentioned here that in the neighbourhood on the Sohna Road where our Tulip Orange project is ready to have a kick start, other builders are offering flats of the same size with a price tag of about Rs  50 lacs or more. That is why our project is being preferred by the public and investors with a lesser price tag of houses.

Thus, stop thinking any more projects in Gurgaon. If you are in realtor focusing on achieving high turn over of profits, this is the right time to enter into realty sector for promoting better career prospectus and handsome gain on the investment which you plan to invest on realty sector.

137�y f.Pc- �/ asic price just Rs. 28.42 lacs and 3 BHK (1437 sq.ft.) has a tag of Rs. 34.94 lacs.

It may be mentioned here that in the neighbourhood on the Sohna road where our Tulip Orange project is ready to have a kick start, other builders are offering flats of the same size with a price tag of about Rs. 50 lacs or more. That is why our project is being preferred by the public and investors with a lesser price tag of houses.

Thus, stop thinking any more about other projects in Gurgaon. If you are a realtor focusing on achieving high turn over of profits, this is the right time to enter into realty sector for promoting better career prospectus and handsome gain in the investmen which you now plan to invest in realty sector.

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