Real Estate India 2018
The year 2017 has set an unexpected benchmark for the real estate sector of India. With the demonetization in the year 2016, the first quarter of 2017 had the real estate sector reeling along with the economy, with land sales reaching a point of stagnation due to the requirement of payments made in cash. By the time the markets were ready to stabilize, GST and RERA came into form which created an added tension amongst buyers and sellers alike. In anticipation of the final RERA notifications, buyers held back purchases. The year 2017 has seen changes in the attitude of buyers to pay a premium for long-standing well-known developers and more demand for 2 & 3 BHK homes with fewer compliance problems. Besides, the introduction of GST in July 2017 was intended to disassemble multiple tax systems. In the year 2017, around 1.6 lakh units only were sold out, which was a 30% drop in contrast with the year 2016.
Bangalore is a safest place to invest in real estate and also South Bangalore offers a top luxury apartments in Bangalore like Rohan Akriti, Vaishnavi Oasis, Provident Park Square etc. Luxury amenities and also a wonderful hospitality, project is ver good connectivity to Metro Station, Schools, Colleges & Shopping Malls etc.
Refer Links:
https://www.bloglovin.com/@bangaloreprop/rohan-builders-apartments-rohan-akriti
