realestate tips

 Why Madurai is good for realestate investment?

1. Madurai is a popular tourist spot
2. 4 national highways, namely NH-7, NH-45B, NH-49 and NH-208, pass by this city.
3. Longest bridge constructed in madurai
4. 4 Bus stands, 3 Libraries, 1 Highcourt & 5 Hills

Disadvantages of Gated Communities:

1. High Maintenance Costs
2. 10%-40% higher Expensive cost of living
3. Inconvenience for Guests
4. Difficulties in online order Deliveries
5. Situated away from the central locations, commuting may be difficult.
6. Leads to less heterogeneous economic diversity, since you wall off access to economic opportunities to those who can’t afford it
7. Far less spontaneity / serendipity, than living in a a diverse neighborhood.
8. Longer waiting times at the entrance
9. Physical separation of the rich from the poor

 Real estate statistics facts & figures:

1. World's second-highest number of households about 248,408,494 households in India
2. Highest rising demand for urban housing
3. realestate sector is the 2nd highest employment generation in india
4. India is the 3rd largest construction market in the world
5. Indian Economy growth in various segments (2014 vs Now)
   Infra spending:
   2009-14 - ₹1.57 Lakh Cr
   2019-24 - ₹33.3 Lakh Cr
   Wealth Created:
   2009-2014 - ₹ 13 Lakh Cr
   2019 -2023 - ₹ 165 Lakh Cr
   Metro construction Speed:
   2004-2014 - 0.5 Km /Month
   2014-2023 - 6.0 Km /Month
6. 462 million internet users, India is the second-largest online market in the world. 
7. The market for real estate is expected to grow from ₹12,000 crores in 2019 to ₹65,000 crores in 2040 and contribute to almost 13% of the country’s GDP by 2025.
8. Of these, 20 million Indians search for homes online every month. 
9. Almost 53 per cent of the total real estate transactions in India is influenced by the internet.

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