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Realty rises slowly at different locations of the country

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Situation of realty is gradually growing up better with few better marks of realty stocks in the BSE and lowering of lending rates has compelled the buyers to rethink for the dream home after being silent for couple of years. Source reported at www.propertykhazana.com reveals that more number of potential enquiries has flooded for private space sensing the confidence of economy as well as the realty at many major locations of the country but pushing the price tag higher on excitement may later hinder the smooth process of realty sale.
On a short note with www.propertykhazana.com Anuj Puri from JLLM states that “a better time in realty is almost close as many realty transactions has broke the silence of the last few fiscal terms and has arrived earlier than the expected expectations mainly in residential for both budget and high end dwellings ranging up to Rs 5 crore”. He further adds that the time is very close to that of 2007 boom but yet to wait for that as the buyers are keeping themselves away from much bigger segment and touches only the lucrative realty products siding realty assets above Rs 25,000 per square feet.
A prominent realty consultant of Mumbai states that “a lot of demand has risen these days in the city. Localities like Parel – Worli are picking up faster than estimation along with the other suburbs of the metro”. Apart from this the growing interest of the banks to lend funds for the incomplete structures is a significant part of the recent up rise of the realty as added by Puri at www.propertykhazana.com.
Source: NBTVLIVE

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