Pre-Slowdown Observed in Realty Prices

Residential Property Goa | Royal Heritage - Axiom Estates
HDFC, one of the leading home-loans lenders has observed that the prices of residential realty which were hitting the peak levels are now undergoing pre-slowdown.

Deepak Parekh, the Chairman of HDFC said that there is an improvement in the economic condition and therefore, developers have started charging premiums. Due to the land prices touching sky, the realty prices also shot up.

As per the report, there was a downfall of 25% in residential real estate prices in October 2009, but now it’s steeping upwards again.

Parekh observe this change in the most active markets of India, for instance, suburbs of Mumbai, NOIDA in the NCR, a Bangalore suburb etc which all are experiencing price hike.

Also, he plans for having a real estate regulator in place.

Improve Floor Plans by using 3D Floor Plans

Down To Earth
If you plan to develop a project now then 3D floor plans can be of great help in both saving time and money.

With the 3D floor plans, you can easily visualize and understand better which in turn will bring better and focused results. It is even useful for the buyers who then will have a proper view of your project.
Some of the benefits of 3D floor plans are:

  1. It provides the exact view of floors to both developer and buyer.
  2. It brings ease in improving the plan as per need instead of changing the whole plan and start from scratch again which is obviously both expensive and hectic.
  3. It also attracts lenders due to its proper design and colors which may lead to better sale.