Tuesday, July 21, 2009

Do you give more importance to water, security, public transport, parking space over gym, indoor game facilities or swimming pool?

Trend in residential space across top cities in the current scenario:


IndiaProperty.com, India’s No.1 property portal from Consim Info (formerly known as BharatMatrimony Group) today released their online survey report, which showcases the ‘Trend in residential space across top cities in the current scenario’.

The survey received over 3,000 respondents and most of them showed interested in buying residential property now. One of the key findings of the survey is: people aspired to services like water, security, connectivity by public transport, parking space over other lifestyle features that include gym, indoor game facilities, and swimming pool.
To read about more key findings derived from the survey, please, visit - Mumbai tops in property investment in India

Isn't it strange to look for which is not offered?

New projects are launched in undeveloped areas where infrastructural services like water, security, connectivity by public transport, are not available today. Because of the less or no development, property rates are lower in these areas like Wakad and Kharadi than the developed neighborhoods like Aundh and Koregaon Park.

You know very well that builder has no control or interest and Pune or Pimpri Chinchwad Municipal Corporation don't have enough funds to provide these services.

To attract you to buy a property in these less developed areas, builders offer amenities like club house and swimming pool which are in their control to develop. However, every real estate salesman talks about the grand development plan and promises completely developed area in the next couple of years! Isn't it strange to take a decision to buy a property based on these day dreams? What say you?

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