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  1. #1
    Member Esha_sachdeva's Avatar
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    Default Property prices in India

    In India value of two things are always on the increase. One is gold and the other is Real Estate Prices In India. Property prices never depreciates in India. Property in India purchased at a particular price will escalate many times if the same land is sold at a later time. Thus the value of Property or Land always appreciates where as the value of tangible assets suffer from wear and tear and thus suffer from depreciation.

    The primary reason for rise in Property prices in India is that the availability of land is always limited and fixed. One can not increase or decrease the area of a plot owned by him. So supply of land is fixed but the demand for the same is ever increasing. With increase in population growth and purchasing power the demand for land is increasing at a very disproportionate rate. It has become a very lucrative business to sell land at a very high price and the demand is so high because of its restricted availability there is no shortage of buyers. This more noticeable in urban areas because in India, people are increasingly flocking in cities in search of employment, education and economic upliftment and the supply of land being fixed price escalation of real estates are a reality.

    In India Real Estate Developers , Promoters, Property builders , Property Dealers and building contractors are taking advantage of the situation and exploiting the innocent Indian People. Promoting has become a nasty business in the country. It has made the land owners unscrupulous and greedy and they are fetching more than enough returns. Another bad feature of this business is evasion of tax by the real estate owners and brokers. Quite a few of them have acquired more wealth than their requirement and yet not contributing anything to the national exchequer. These brands of business man are a menace to the society and stricter laws need to be framed to bring them into books. Imposing restriction in real estate by legislation seems to be the real solution.

  2. #2
    Member Surya's Avatar
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    Default India Property Prices Rising

    This is a big truth that real estate is on a high time rise today in India and is still rising to a big.

    Esha, I really agree with your reasons for the Real estate price rise here. Definitely the increase in population is one of the main reasons for same as number of buyers and their demand for land is increasing day by day whereas the availability of land is very restricted. This imbalance between the demand for land and supply (availability) of land has led a great hand to the all-time high Real estate Prices in India today. Even Property prices in Delhi is rising Day by Day.

  3. #3
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    these days real estate has brought itself into prominence as the prices of the lands are soaring high. recently in a news they showed that the prices of an area in delhi are ought to be become double. it has become out of bounds for the poor and middle sections of society to dream of owning a home. government should device some strategies to allot homes to everyone.

  4. #4
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    the property prices are soaring and have reached sky high, out of reach of common man. Cant the government do nothing about this situation as it is growing grim and people have lost their faith in the government as their dreams of owning a home have been crushed under the heavy prices of homes.

  5. #5
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    The property prices in india are rising high. especially the places like Delhi, Mumbai and Pune the price of the property are going extremely high and increasing day by day. You can purchase any property in NCR and you will get the double money in return in just few days time. People are taking it as a business and dealing in huge property.

  6. #6
    Senior Member LeadIndia's Avatar
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    Property prices are rising like anything in india. More than anything else if something is rising then its the price of the property and it cannot go waste even if you buy a piece of cake land. india is producing gold again with the land rates. The rising property rates in Delhi and other NCR areas are going to reach sky heights soon.

  7. #7
    Member National's Avatar
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    property prices are sky rocketing as India is moving towards development. people of middle class are finding it difficult to dream of even buying a home for themselves. the situation is pretty grim in big cities where the prices are beyond reach of common man. i think its only real estate business men benefiting from such a price rise.

  8. #8
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    Property is teh best investment today . Many people have become rich and have build their own houses in a few years time just by dealing in property business. They purchase and sell property and earn a hell lot of amount through this. It has become a lucrative profession for those people who want to earn money as fast as they can.

  9. #9
    Senior Member LeadIndia's Avatar
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    The rates of property are rising high due to the lack of the land available in NCR and other parts of the country. This rise gives a good business to the property dealers and the people who are in to the construction business. This rise also giving good remuneration to those people who are taking it is a good business prospects and plunging in to the business of buying and selling of the property. It can fetch them good money in few months.

  10. #10
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    With this year census report we added another Brazil to our population however this increase in pace of population is nowhere in competition with rise in infrastructure facilities. thus, this uneven demand and supply led to the price rise in real estate sector.

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