Wednesday, April 14, 2010

Thursday, April 1, 2010

HUNT FOR YOUR OWN AFFORDABLE HOMES

Although the cost of homes is quite costly but Government has introduced so many policies that people are considering buying more and more affordable properties nowadays. It is quite affordable as compared to some other apartments in Delhi. The demand for affordable homes Delhi has increased because of the following reasons. A lot of affordable properties are set up in Delhi for middle and low income group of people so that the purchase of properties is not too heavy on their pocket and more and more people could think of buying affordable properties nowadays. Affordable properties are quite popular because of the following reasons. As recession has hit in the country many people has started saving their resources and has amounted to cost cutting because of which they think of purchasing affordable homes. If they rent out affordable homes then they can earn a lot of income and make a lot of money which is a good way of making business. Requirement of residential spaces by the people who are looking for a property to reside / to shift/ or for future investment as demand for homes is high in places like Delhi Huge Numbers of affordable homes are available in Delhi from where a person can choose his choice of homes according to his likes and dislikes. To purchase an affordable home one doesn’t require much money as it will be easy on your pocket.

Off late there is much shortage of affordable homes in Delhi as this the centre of commercial hub and establishing industries in city means more and more pollution, so these industries are constructed near the outskirts areas so that there is not much congestion. The shortage of properties is due to the fact that more and more people are in demand for more space whether residential or commercial in Delhi region. Thus property prices are high and it’s touching sky. Delhi is the major hub of different big commercial sectors and they are buying and grabbing properties in different locations for the purpose of expansion of their business or they can utilize the same for investment or for money making unit by renting or reselling the property to other at a high cost. So renting Industries is the major form of earning more and more income.