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Will Real Estate prices go higher in Bangalore in coming months?

The Bangalore real estate sector continues to be a favored destination for Indian as well as Global investors. Bangalore currently employs the largest chunk of IT professional, a population which is bound to increase with recent trend of startup success and growth plans of existing IT majors. The Bangalore population will surge in the coming years, which, coupled with growth in employment, education and health care, will push the demand for residential and commercial space.



There are few other factors which will push the price higher, now is the best time you can buy an affordable property and save yourself from price hike. CMRS properties, builds houses which are appropriate priced to fit your budget and to add to your lifestyle at the same time.

Market Demand and Higher Input Costs:

The traditional mutual fund, shares buyers are now keen to invest and reap dividends from the real estate market growth. These factors will increase the demand and hence the prices are going to go higher than normal inflationary price rise. Also, the construction cost has increased by 40% in two years, this eliminates any scope for reduced prices. Banks' reluctance to lend to real estate companies has led to increased cost of borrowing, adding to the overall cost. In fact, these factors will also result in an increase in prices in improved market conditions.

NOW AND THEN
Things that happened in 2013
  • Cabinet approves land acquisition bill
  • Sebi releases draft Real estate investment trust (REITs) guidelines
  • RBI bans buying property abroad
  • Lodha buys Rs 3000 crore property in London
Things that are happening in 2014
  • Developers, owners are launching REITs
  • Residential sales are improving, prices are about to rise
  • Vacancy rates in office properties to rise
  • Demand for properties to rise in IT capital

As things stand, it is wise to invest in real estate right now. Also, you should choose a trusted partner like CMRS properties (www.cmrsproperties.com) for better return on investments. 

For any property advice, free legal advice and any other assistance while buying a property, feel free to call at  +91-7676-122-000 or send an mail to info@cmrsproperties.com

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