Well, this question has been racking common man's brain since a long time, due to the impression that, buying a home at the mainstream areas of the city is always expensive, but it is not so, because, the city has succumbed to seesawing of real estate value between surge and dip. Real estate sector, which is one of the driving forces, for escalating growth in the Indian economy has never been consistent in the market. Moreover, depreciation in land value plummets the price of flats/independent houses in the prominent areas, giving a chance for the buyer to try their luck.
Besides this, the buyer has to decide, which kind of residence, he's to look-out for. Normally, the budget range for the independent houses/villas in such areas would be nominal-high, for which they have to ruminate on financial issues without plunging headlong to take a decision, whereas those wanting to own or rent a flat in the apartments would be on the safe zone.
So, buy a home at the heart of the city taking into consideration all the factors for a foreseeable future. For information regarding the prices of houses/ apartments, log on to the website, www.propertyadviser.in .
By: Pavan N