Mahaveer Clover Multistorey Apartments Area Range 1150 - 1430 sq.ft., Located at Yelahanka, Bangalore available with 2BHK Apartments and 3BHK Apartments.
Description:
Dream of a home where you can perceive and cherish the daily life in tune with nature all day…where the sound of falling leaves would greet you good morning… where the soft breeze will teach music to the little ones… where chirping of birds will make each sip of your tea heavenly... Wish for Clover.
Common Amenities:
A magnificent swimming pool along with a Toddlers Pool.
Multipurpose Hall.
Children's play area.
A well equipped gymnasium.
Common Amenities:
A magnificent swimming pool along with a Toddlers Pool.
Multipurpose Hall.
Children's play area.
A well equipped gymnasium.
Landscaped Garden & Rain Water Harvesting.
Jogging Track.
Jogging Track.
Indoor Games Room.
Prevailing Markel Trend in Indian Real Estate
In coming years, India and China are expected to outperform
the global markets with a growth rate in the range of 7-10%. This will benefit
all sectors, particularly the real estate, which is closely linked to high
growth in the economy.
A decline in property prices, falling interest rates and
stability in the job market has helped the sector gain momentum once again. As developers
realized that affordability was the key to lure buyers, they experienced with
'no frills' smaller apartment sizes. Projects that were launched in this
segment received a good response, which indicated that homebuyers were waiting for
a good opportunity to make an entry.
It is not only the listed players but also the unlisted players
that have realized that affordable housing is the way to grow. Listed players who
have committed huge investments towards low-cost housing projects are Unitech, Puravankara,
DLF and Omaxe. Amongst the unlisted ones, Tata Housing is championing the cause
of housing of the lower middle class. Following closely are Raheja of Delhi;
Mumbai-based Matheran Realty, Lodha Group and others.
Global property consultancy firm Knight Frank has estimated
that affordable housing requirement would be in excess of 2 million units across
key cities in India and 80% of demand is expected to originate from the Rs 3-5
lakh income group. It is seen that real estate, sector is realign- ing its
focus towards affordable housing and is estimated to reach a whopping market
size of over Rs 3 lakh crore by 2011. With the sixth pay commission being
implemented, those government employees who could not participate in the
earlier real estate cycle will now be participants in the market. This, along
with private sector employees who had postponed purchasing homes due to uncertainty
in the market, would also be scouting for good bargains.
The combined effect of increasing sales and restructuring a
major portion of debt has improve the liquidity position of most of the developers.
An equally important timing of the upturn in the equity market opened another
option of fund raising for these cash-starved companies. Realty stocks had corrected
80-90% over January '08 - March '09, but rebound back signifi- cantly.
A number
of builders including the likes of Unitech, Indiabulls Real Estate, HDIL.,
Orbit, DLF and Puravankara took advantage of this and either announced or
raised foreign money in the past two-there months. This funding has come at the
right time as it boosts the retail investors' confidence in the sector. As more
funds become available, developers will divert all focus towards completing under construction projects. This, coupled with stable commodity prices, will help
in faster execution of projects, leading to releasing of piled up inventory and
rolling of the cash flow cycle. If the builders continue with a low price
regime, then there is tremendous housing demand to be met. However if
developers become too optimistic, as is visible, and start increasing prices,
it could turn out to be a big blow to the industry, which is still recovering
from its recent fall.
Despite the fact that stocks are still 20-30% off their
highs, factors like strong balance sheet position, increased liquidity
infusion, a stable government, and an improved employment scenario, suggest
that there is a fair chance that going a head, the sectors fundamentals may improve.
Though it might be prema- ture to speculate a swift recovery at this point,
there are convincing signs that show the sector is moving towards a revival.
Bangalore properties like Apartments / Villas / Plots / Independent Houses ....
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