Appt. you always wanted to buy
Let us call this a story about a guy named ERNIE
ERNIE here is looking to invest in a residential house And this is BOB who needs no introduction
Ernie is a typical working guy who spends most of his time in office and of-course in fighting corporate battles….!! With hardly any time to manage his investments or pursue them, he decides to invest in a property Searching online was his obvious choice! And thus begins his search for the Appt. he always wanted to buy!
Lets see what Ernie Found Amongst the Best Investment Asset class: Real estate has grown 30% p.a over the last five years; competitive vis-à-vis Equity/gold Residential Prices on a growth trend: Global meltdown had damped real estate between , however prices have surpassed 2008 levels across all major cities Investor driven and End-user markets: With steep price increases, Mumbai and NCR continues to driven by investors. With stable price growth, Bangalore is an attractive end user market Market correction will NOT impact matured locations: Any possible near-term corrections in prices in attractive locations will not impact long-term capital appreciation
To further de-code his findings….. Boom in the Residential markets will continue Industry is heading towards a Transparent Model Best e.g: Bangalore Buyers are looking at Stable Markets rather than a speculative game Micro-Eco Factors will push a stable growth in residential markets E.g. Bangalore, Hyd, Pune etc Urbanization kicking in rapidly. Peripheral locations are becoming attractive Large presence of Tier I builders; however Tier-II builders gaining momentum A healthy competition in the market
South growth due to old airport and significant IT presence Growth Corridors Outer Ring-road has witnessed significant developments Airport, Infrastructure = Emerging growth destination Bangalore Market Scan Whitefield Electronic city North Bangalore
Checklist to answer Ernie’s questions Obvious Questions Nature of the Property (villa Vs Apartment) Class of Builders (Tier I Vs II) and Which location is right for me Focus on the process of buying How to I manage my Investment after taking this call Bangalore is an Ideal choice 1. Using the right mode to search 2. Selection 3. Engaging using right technology/ builder with technology Premium For Tier I builder or Location City is an ideal choice for: 1.Price 2.Quality of construction 3.Amenities 4.Transparency
Making a wise choice Rationalize your requirement {Finding the Right Property} An ideal location for your needs Decision between Tier I or Tier II builder Net Price/Value appreciation Execution capabilities, track record and delivery Transparency {Finalizing the Right Property} Connect with your builder Connect with builder’s staff (accounts, customizations etc) Connect with the banks Issue(s) management Right Search Site ERP + Tech ERP + Tech
The Tech Advantage : 1.) Real time information 2.) Fabulous offers 3.) Digitize documentation 4.) Payment-Issue-Customization(s) track record etc To get the right transparency-ask your builder for homebuy360 access.
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