Realty swamp makes way to tier 2 investments for Portman Holding
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Going through the wave of slow rate of realty rise many of the developers has move down towards the budgeted housing or they have shifted the locations to smaller towns of India. According to the source of www.propertykhazana.com noted realty group Portman Holdings is now making a new realty approach to spotlight more on the tier 2 cities for the coming few financial periods.
Talking further on the business plan the director of the Portman Holding Rahul Anand confesses that the company first wants to try their best at these fast growing cities and they have no plans for the tier 3 towns as of now.
According to the sources of www.propertykhazana.com it was also revealed that that the company will be focusing on varied range of products from hospitality to that of residential housing and may go further observing the out put of the dealings.
These tier 2 cities are one of the best locations for IT sparks and lot has been changed during last decade due to the fast influence of IT to these localities. But due to same swamp condition in the IT sector these areas are holding the projects fearing the debts and soon will excel once a favorable atmosphere rise. Sources of www.propertykhazna.com also reveals that the company is expecting a satisfactory returns from this high potential areas not less than at least 25 per cent and may rise to 30 with favorable wind of realty.
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