Real Estate Forecasting 2015

 Real Estate market is on its booming stage in India and according to the real estate market researchers; this boom is going to get utmost progress in the country. As the population of India has increased till a high amount and this is continuously increasing, people are continuously migrating towards the cities in search of jobs and better future of their children, Indian real estate market is never going to see its demotion. But is it possible for real estate market to continue its faster pace and is it also possible for the market to increase the growth and demand rates? At the time of Parliamentary election our political parties assured the people to get their own residence but are it possible without help of Indian real estate companies?

At the time of interview with Ms. E Jayashree Kurup, Content and Research Head Magicbricks.com, she told some extraordinary facts of realty market. In the reply of a question about current scenario of Real Estate market in NCR, she replied that the delay in offering possession on projects have increased the demand of ready to move residential apartments in NCR. As quick as the sentiments changed after the parliamentary election in 2014, buyers will be surely ready with the information and there might be quick turnouts of sales.

2014 has been worse year for Indian real estate market because of slowdown. Mostly this year has been very odd for the housing market. But according to the current signals of real estate industry, it seems to be well recovery in Indian real estate industry in terms of housing market. Housing price in India slowed dramatically in 2014 and has left a mark on Indian real estate industry so it is expected to continue in 2015. But there is a ray of hope regarding market demand the price is going to rise slowly.

Compared to I tier cities, II tier cities are also getting greater demand of residential commercial and retail projects. It is very good sign for the real estate developers and investors. Market is going to be fruitful not only for developers and investors but also for the buyers. After all statics and expectations, this year is going to bring new hype and boom in real estate industry. We can hope to get numerous advantages from our newly formed government because last time when NDA led government had come, that had given real estate market huge benefits and advantages.