With RERA, many fence-sitters will become home buyers, here is the reason why?

<div dir="ltr" style="text-align: left;" trbidi="on"> <div class="separator" style="clear: both; text-align: center;"> <a href="https://1.bp.blogspot.com/-2-TiN8bZjKU/WkIAdmX2mNI/AAAAAAAAC0Q/sC_VatN49hEQ547KK21Vdz_8HkQGw3FVACLcBGAs/s1600/Apartments-In-Bangalore.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Embassy Springs Devanahalli Bangalore" border="0" data-original-height="599" data-original-width="900" height="424" src="https://1.bp.blogspot.com/-2-TiN8bZjKU/WkIAdmX2mNI/AAAAAAAAC0Q/sC_VatN49hEQ547KK21Vdz_8HkQGw3FVACLcBGAs/s640/Apartments-In-Bangalore.jpg" title="Embassy Springs Devanahalli Bangalore" width="640" /></a></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">As far as RERA is concerned, it was much needed. The customer was not happy with the Real Estate industry. Bangalore created a lot of problems for the real estate buyers. Many developers were not able to deliver the houses on time and some were not available to answer some simple queries from its customers. People had put in their hard earned money to buy their dream home. Finally, the authorities stepped forward and the RERA act was created. The major plus point of RERA is its transparency. For the first time in our country, one can think of buying a house and can also know everything about it. The carpet area of the property and the timeline for construction which are the two important basic pieces of information will now be easily available to the buyers. Any developer who doesn’t stand by these rules of transparency will be penalized. <o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">Developers who were already stressed before the RERA will now have to escrow money. Some of them are worried as they do not have adequate funding.  The government might have to assist these developers in completing their existing projects.<o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">Because of the transparency and openness, it will bring in a higher amount of investment in the real estate field. People will feel confident to invest. So people who didn’t have a home of their home will start thinking of buying their own property as now the investors are not worried. They will be able to see what is happening. Companies with brand names will benefit more from RERA.<o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">The<b> i</b>mplementation of RERA has brought in the much-required positivity, transparency and accountability on part of the developer, which in turn will enhance trust and confidence on part of the home buyers. From the home buyer’s perspective, it will enhance confidence in the real estate developers while providing a stronger legal remedy that will result in many fence sitters making a buy decision.<o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">The real estate consumer is getting matured especially in urban areas. But it is more circumstantial rather than through education. This has happened more out of a bad experience. People got cheated in Bangalore and other places and then they learned their lessons. It is similar to what happened during the global financial crisis. After the crisis, many rules were put in place to make the world a safer place in terms of extreme financial products that caused the crisis. Basically, RERA has been introduced to reboot or clean up the system.<o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">GST and RERA are part of the process that will bring in accountability and transparency to the real estate industry. Some of the aspects may seem painful initially, but the overall impact will be positive.<o:p></o:p></span></div> <br /> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">After reading all this one would definitely be interested in investing in a project and what better can it be other than investing in <b><a href="http://www.embassyspringsbangalore.ind.in/" target="_blank" title="Embassy Springs project Devanahalli">Embassy Springs project Devanahalli</a></b> a branded project from the Embassy Group. This is a 300 acres township project which is located very close to the Bangalore International Airport. Overall a very good investment option for all those who have been waiting to buy their dream homes.<o:p></o:p></span></div> </div>

With RERA, many fence-sitters will become home buyers, here is the reason why?

As far as RERA is concerned, it was much needed. The customer was not happy with the Real Estate industry. Bangalore created a lot of ...

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Real Estate Sector 2018 - Trends and Expectations

<div dir="ltr" style="text-align: left;" trbidi="on"> <div class="separator" style="clear: both; text-align: center;"> <a href="https://1.bp.blogspot.com/-MAhQFL4bcNc/WjzuvEYXP7I/AAAAAAAACz4/dbhmKLkftUgUWYm8u4gCzXcc7T6BRcDCwCLcBGAs/s1600/Real-Estate-Bangalore.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="564" data-original-width="851" height="424" src="https://1.bp.blogspot.com/-MAhQFL4bcNc/WjzuvEYXP7I/AAAAAAAACz4/dbhmKLkftUgUWYm8u4gCzXcc7T6BRcDCwCLcBGAs/s640/Real-Estate-Bangalore.jpg" width="640" /></a></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;">If you have plans of investing in a plot then <a href="http://www.embassyspringsbangalore.ind.in/index.html" target="_blank" title="Embassy Springs Bangalore"><b>Embassy Springs</b> </a><b><a href="http://www.embassyspringsbangalore.ind.in/index.html" target="_blank" title="Embassy Springs Bangalore">Bangalore</a> </b>will be the investment option available around. <b><o:p></o:p></b></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;">With the Real estate industry no doubt will continue to get bigger as the buyer’s desire will remain obstinate and its customer base will grow and change the imminent. As the Real estate industry will evolve it will play a wide role well beyond real estate products and services. The individual companies will vie to become undisputed leaders by size and breadth and the ecosystems will develop that have a tight grip on the customer loyalty.<o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;">The recent government initiation towards the real estate market which came into effect like the RERA, GST and demonetization have all been a positive approach. And the buyer’s confidence is getting a boost because of the increasing clarity while they are buying. <o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;">The long term market dynamics for the Real estate sector is expected to be positive, especially the residential market sector. <o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;">The developers now are focusing on completing projects in a timely manner for the under construction projects because of the RERA implementation. They are also going to be very flexible regarding the pricing and the payment structures.<o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;">Under the Pradhan Mantri Awas Yojana scheme it is also decided by the government to increase the land allocation. But surprisingly this going to attract home buyers to buy new homes as well as support some private builders to construct projects in this piece of land.<o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;">The year 2017 has been a year of consolidation and the sector’s growth prospects for 2018 would be ‘brighter than ever’ as the implementation of the regulations would stabilize throughout this year.  </span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;">Overall the real estate is stabilized in the last quarter of 2017 and will grow in the beginning of 2018. The prices are also expected to remain stable in the year 2018. Hence, if you have plans of investing in a property then the year 2018 will be the best time to invest.<o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;">There are a lot of locations that are highly in demand for property investment in Bangalore city and we would highly recommend investing in Devanahalli in Bangalore. This area is the most developing area in the recent times because of the International Airport, some other infrastructure development in this area. There are a lot of IT companies getting established in this area. Devanahalli is, thus, a promising locality worthy of future scope for infrastructure and advancement that further accelerates not just well-paced growth, but also the overall development.<o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;"><br /></span></div> <div class="MsoNormal"> <span style="font-size: 12.0pt; line-height: 115%;">The six-lane Outer Ring Road, developed by the National Highway Authority of India in Devanahalli, is considered to be the best road in Bangalore. The old civic issues such as traffic congestion and inefficient roads no longer exist in this area.<o:p></o:p></span></div> <span style="font-family: "calibri" , sans-serif; font-size: 12.0pt; line-height: 115%;"><br /></span> <span style="font-family: "calibri" , sans-serif; font-size: 12.0pt; line-height: 115%;">If we have to suggest a property for investment in the Devanahalli area then “Embassy Springs” by the branded builder Embassy Group is the hot property in town. <b><a href="http://www.embassyspringsbangalore.ind.in/location.html" rel="nofollow" target="_blank" title="Devanahalli Embassy Springs location">Devanahalli</a> </b></span><b style="font-family: calibri, sans-serif; font-size: 12pt;"><a href="http://www.embassyspringsbangalore.ind.in/location.html" rel="nofollow" target="_blank" title="DevanahalliEmbassy Springs location">Embassy Springs location</a></b><span style="font-family: "calibri" , sans-serif; font-size: 12pt;"> is the most talked about area in the Bangalore city. There will be a lot of returns one can expect in the future in this area. </span></div>

Real Estate Sector 2018 - Trends and Expectations

If you have plans of investing in a plot then Embassy Springs Bangalore will be the investment option available around. With t...

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