New Plans Waiting for Investment in Kolkata Real Estate

New Plans Waiting for Investment in Kolkata Real Estate

After the pullout of Tata Motors from Singur, chief minister of West Bengal is confident of investment from top international companies like ArcelorMittal, ICICI, Jindal and few Chinese automobiles companies. While giving a speech at the opening ceremony of the 36th World Congress on Housing Science, Buddhadeb Bhattacharjee told that there is a huge investment opportunity in various sectors like real estate, IT, automobiles, steel etc. The center of point for real estate investment is Rajarhat, the imminent IT hub of West Bengal. As a result Rajarhat Properties rates are raising high with time.

With Kolkata Property Prices rising; there is a major challenge in providing land to the industries. Also one of the major problems that Kolkata Real Estate is facing is from bank. Buying Property in Kolkata is not so easy, without the availabilty of proper channel for financing from banks.

Real Estate Builders in Kolkata are eying on the government to get benefits from the government plans, so that these benefits can be transferred to the buyers. Well all have to wait and watch the policies that are going to be implemented by the West Bengal government.

Is It a Right Time to Invest In India Real Estate Market?

Is It a Right Time to Invest In India Real Estate Market?

The market slum has forced Indian banks to reduce Home Loan Rates and increase rates for Fixed Deposits. And on the other side the Indian Real Estate biggies admit that there have been some shocks in the real estate market of India, yet a good number of them believe it’s a good time to buy a new house. For this you ought to go and gaze for great offers value.

But with the current scenario, only the property rates should not be the sole decisive issue. As the prices have already be so low that any person who buy a residential flat or apartments would be ahead of those who still are waiting for the property rates to fall more. This is a situation similar to that of Gold. Gold prices had dipped so low that those who have purchased them in September, 2008 would be feeling lucky than those who still are waiting for more drop in the price. Hence, don’t wait more and choose the best product that suits your pocket as well as fits your dream house criteria like location, amenities, etc.

So, it’s the right time for the home buyers to buy their dream home or for the property investors who are in the property investment business.