Wednesday 17 April 2013

Ghaziabad remains investors’ favourite:


With its considerable infrastructural uplift Ghaziabad’s real estate market is attracting investors in huge numbers.  At present, a majority of those investing their money in the city’s property market are investors. Estimates suggest that among buyers, the percentage of investors is as high as 40 per cent.

Investors are willing to invest across categories and budgets. They are making a portfolio of properties for themselves having 2-BHK, 3-BHK and 4-BHK configurations
Investors are also looking at new ways to generate profits from their investments. Thus in Ghaziabad they mainly look for quick sale-quick profit on their investments. Investors in Ghaziabad are frequently buying freshly launched properties and selling them within a short span of time. A property frequently changing hands increases the scope for appreciation.
There are investors who purchase a property in about Rs 45 lac, spend Rs 2-3 lakh in refurbishing the apartment and then sell it for Rs 50-55 lac within two months of buying

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