Although property sale has not picked up, Developers are jacking up prices to lure Buyers, who are dithering to buy a flat.
As per the Groffr.com, the Real Estate brokerage firm’s report, in the last three month (August to October), the property rates have gone up almost by 6% while in April to July, the property rates increased only by 4%.
They had analysed the prices of 100 projects to come to this conclusion. They observed that 35% of the projects did not witness any price change. The 44% project witnesses 10% appreciation, 15% project registered 10% to 20% price rise while 6% projects saw 20% to 30% price appreciation. Only 1% project witnesses a 40% price rise.
The Developers are mainly hiking rates in projects which are ready to move in. “and such ready possession inventory is very low in the market. Buyers need not pay both EMI and rent”.
Saying that the Developers have a command over the prices of ready flats, the Buyers can get a good rate in the prelaunch stage. Once the Developer gets all the approvals for the building, he starts hiking the prices. So, most of the price rise happens between the prelaunch and launch only.
According to the Real Estate Expert, the increasing property price is the Developer’s strategy to attract Buyers sitting on the fence waiting for prices to drop.
Many Buyers are in two minds about buying a house. If realty price rises, a Buyer thinks it would again increase in future. So, instead of dilly-dallying, he decides to buy the house right away. It is psychological and the Developers use every trick to woo Buyers.
A significant price rise has been recorded in the Western suburbs such as Vile Parle, Kandivli, Goregaon, Borivli, Santacruz, Andheri, Malad, Ghodbunder Road in Thane, Dombivli and Nerul in Navi Mumbai.
According to the President of Confederation of Real Estate Developers Association of India (CREDAI), a Developer has another reason to increase property rates. The input cost has gone up by almost 40% in the last one year.
Apart from taxes, the prices of diesel, cement and steel have increased. In the last two years, the labour cost has gone up by almost 100%. The fungible FSI has increased almost 15% project cost in Mumbai. They have to recover from the Buyers the Buyers the rising cost of the project.
Anugraha Green Ville Villas Area Range 1200 - 2400 sqft., Located at Electronic City, Bangalore available with 3BHK Villas and 4BHK Villas
Description:
Project Green Ville: Anugraha Builders and Developers (Luxury Villas in Bangalore)
One of the Anugraha Builders and Developers (Luxury Villas in Bangalore), project under luxury villas for sale in Bangalore is Green Ville. Anugraha Green Ville, is a well designed housing enclave with 204 superbly Designed exertive villas in the township called Green Villas. Each valley is thoroughly planned for a feel of elegance.
One can find luxury villas for sale in Bangalore with Anugraha Builders. Project Green Ville : One of the premium luxury villas in Bangalore. Anugraha Green Villas, is a well designed housing enclave with 204 superbly Designed exertive villas in the township called Green Ville. Each valley is thoroughly planned for a feel of elegance.
Green Ville :
Executive villa that you will adore !
If you thought luxury independent house in Bangalore are not affordable, think again! Anugraha Green Ville is one of the premium luxury villas in Bangalore is a well designed housing enclave with 204 superbly Designed exertive villa in the township called Green Ville. Blissful natural surroundings, beautiful landscaped parks, water bodies, ultra facilities and a chance to live life luxuriously without burning a hole in your wallet.
One of the Anugraha Builders and Developers (Luxury Villas in Bangalore), project under luxury villas for sale in Bangalore is Green Ville. Anugraha Green Ville, is a well designed housing enclave with 204 superbly Designed exertive villas in the township called Green Villas. Each valley is thoroughly planned for a feel of elegance.
One can find luxury villas for sale in Bangalore with Anugraha Builders. Project Green Ville : One of the premium luxury villas in Bangalore. Anugraha Green Villas, is a well designed housing enclave with 204 superbly Designed exertive villas in the township called Green Ville. Each valley is thoroughly planned for a feel of elegance.
Green Ville :
Executive villa that you will adore !
If you thought luxury independent house in Bangalore are not affordable, think again! Anugraha Green Ville is one of the premium luxury villas in Bangalore is a well designed housing enclave with 204 superbly Designed exertive villa in the township called Green Ville. Blissful natural surroundings, beautiful landscaped parks, water bodies, ultra facilities and a chance to live life luxuriously without burning a hole in your wallet.
Each villa is thoroughly detailed and planned for a feel of elegance and splendor. You can be sure that only the finest materials and highest quality fittings come with your Villa. The villa are planned for space with courtyards as per gardens, vaastu complaint broad tree lined avenues, 6ft compound wall, Landscaped gardens and Pathways, elegant street lights provide an idyllic ambience for you to indulge in the Luxuries of life at a place you love most your sweet home.
Amenities:
Wide asphalted roads
Tree lined avenues
Landscaped areas
Power supply from KPTCL
OHW tanks, Sump and Borewells
For uninterrupted water supply
Telephone
Internet
6ft High compound wall an the periphery of the project
24 hour security
Sewage treatment plant
Covered box up for common areas
Swimming Pool
Club house including indoor and outdoor games
Tree lined avenues
Landscaped areas
Power supply from KPTCL
OHW tanks, Sump and Borewells
For uninterrupted water supply
Telephone
Internet
6ft High compound wall an the periphery of the project
24 hour security
Sewage treatment plant
Covered box up for common areas
Swimming Pool
Club house including indoor and outdoor games
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