Buyers Returning to Residential Properties


Goa Real Estate Properties - Sapana Palmeiras

May 04, 2010

Investors have made a return to realty. Long term capitalization and an expected rise in this sector are the two major reasons for this come back.

However, the present investments are not as good as they used to be before recession period.

The Chief Financial officer of Mantri Developers, Anil Kumar said that currently there is a considerable amount of investment and it is expected to increase in future.

He also added that the realty cost which went through a sharp correction during the recession now has a large scope for capital appreciation in future.

In India, the usual investors in the residential properties are the Non-Resident Indians (NRIs), High Net worth individuals (HNIs), domestic investors and professionals with large disposable incomes.

However, the view of analysts is different.

According to them, although the investments are higher than they used to be at the time of recession, but the uptake is not encouraging due to the recent increase in price by developers.