Property rates in different states

Chennai property rates

As the global economic trend in improving, corporate offices are looking for high quality office space and as a result Chennai real estate rates are becoming higher  and higher. Because of infrastructure improvement, better job opportunities, upward growth of income level, automobile industry and education opportunity, the demand of housing is also moving upward. Before investing on housing property please check that the project has all necessary approvals. In addition, check the title deeds and be sure that there is no land dispute. To make your life safer, sign deals with the developers with good business record over years.

Facts of Ahmedabad property rates

Ahmedabad real estate prices have a great impact on the property price of Gujarat since it is the largest property market in the state. The real estate business has been divided in to two categories. Large developers are refusing to lower the price in spite of current economic condition. On the other hand small developers are selling property in a rate which is even lower than the actual market price.

Property rate trends in Bangalore

Poor economic condition and living cost increment has slow down the price of real estate in Bangalore. Even large developers are finding it difficult to convert a inquiry caller to a potential buyer. The re sale value of properties has decreased 35% in last six months and recent trend is showing that it will decrease even more. The real estate sector grew because of IT boom of the state. Now the salary of IT professionals is decreasing day by day which has a big negative impact on the real estate sector.