The residential real estate market of India has witnessed a fast-pace growth in last few years. With transformative governmental policies, today every individual can afford a home whether single or married. However, when it comes to choosing a unit, most of the buyers get confused about whether to invest in a 1 BHK unit or a 2 BHK.
The terms rentable and usable sqft area are common when dealing in the property market. But, these terminologies are mainly used in the commercial property market. So, today when the demand for workplaces and offices are at its peak then you must know the importance of these terms.
With government major policy reforms like RERA, GST, and Housing for all initiative, today even a mid-segment buyer can think of buying their dream home. Whether it is a tier-1 city or tier-2 city most of the developers are focusing on the development of affordable homes that are in reach of maximum homebuyers.
NCR i.e. the National Capital Region is a prominent region to live, work and experience modern-day lifestyle. Over the years this area has witnessed expansion and development on both urban infrastructure and social infrastructure have been the focus for all the Governments.
With decreasing land parcels, most of the home buyers are today opting to invest in an apartment that is located within the city parameters. Not only this, living in an apartment comes with their sets of benefits and that’s why today most of the families prefer to live in an apartment. Here are some of the benefits that play a vital role in making apartments a preferred choice:
While celebrating the glorious 72 years of Independence we must not forget the long way that the Indian real estate sector has covered. The not so organized property market has seen various ups and down in all these years and this blog post takes you through the journey of the milestones that the realty sector has achieved till now.