Indian Real Estate Industry is going through most exciting times because over the years industry has adjusted itself to new market realities and new laws and customers have gained confidence back in the industry due to the implementation of various laws like RERA, GST, etc.
Customer is the winner from all sides- Be it Regulation or Availability of Houses at attractive prices. Moreover, All the real estate companies are going full throttle to woo the customer.
What has changed from the previous years- It is the transparency, disclosures and commitments, increased affordability and easy enforceability of agreement for the customers.
From the Developers Perspective, customers have started buying again in increased numbers due to attractive rates, reduced rates of interest which are further expected to go down with RBI reducing its REPO rate by 25 basis point in October 2019 review meeting. Moreover, with many Developers having ready to move inventory, they get full payment from the customer which helps the liquidity position.
New Project Launches in NCR has started again after the lull of 2 years.
With Real Estate picking again, more than 360 industries that are directly or indirectly related to real Estate have a multiplier effect and the overall economy is boosted.
This is the best time for a buyer to buy the dream home and take a decision before the prices shoot up again.
Gaurav Gupta
SG Estates Ltd
SG Estates Ltd has been a prominent developer operating in different parts of Ghaziabad and has delivered various projects in Vasundhara, Govindpuram and Raj Nagar Extn. in Ghaziabad.
Ongoing projects of the company are SG Grand in Raj Nagar Extn. and SG Shikhar Height in Sidharth Vihar.
Completed projects in Ghaziabad are SG Oasis in Vasundhara, SG Benefit in Govindpuram, SG Impressions in Vasundhara, SG Alpha Tower, SG Beta Tower, SG Impressions 58 in Raj Nagar Extn., SG Impressions Plus in Raj Nagar Extn. amongst others.