According to the Ministry of Housing & Urban Poverty Alleviation, our country is short of 25 million housing units. The shortage is mainly in the metro cities that are filled with the migrated people. We need dwellings to live in, to give our lives a place of our own where we could rule. Thus the formation of the great Indian housing dream in the minds of every man and woman is inevitable. This is however very ironical, looking at the present condition of inflationary market. There are people who are in dire need of houses but couldn’t afford one and there are residential units that have been added to unsold inventory due to high prices.The market is tilting towards investor-driven economy as people who have money want to multiply it using the power of investment. The moments where rupee depreciates is utilized by NRI for investing in properties in India. This is good for the developers and for the country too but the question we are aiming is the salaried man’s skepticism about owning a house.But we cannot question the fact of rising prices of land, labour and materials used for construction. These factors provoke the builder to hike the prices to maintain the margin. But the one who is crushed is the one who saw the great housing dream.Difficulty with BuildersThe stage where the dreamer finds a way to fulfill the dream and turn it into reality is set and he/she finally affords to buy the house. Now the perils of this actions starts. Might be in many cases the time between buying and possessing is smooth and easy, yet many a times it gets tough with the builder. There are times when the builder’s treatment towards the buyer is unfair, the delivery of possession is late and if the recent collapse of thane building is taking into consideration the there are cases of poor construction quality. Few of the cases in NCR region reveal that builders are forcefully making the buyers sign the contract with extended possession date and if they oppose the builders are boldly willing to refund the entire amount with interest. Cancelling a deal will also cost a buyer as the builder retains nearly ten percent of the basic price and refund rest with interest. Hence these difficulties are again on the way to the fulfillment of the great housing dream. But as the stronger real estate bill is in the pipeline, easy times are highly expected.What Can We Expect?The real estate regulatory bill might work in handling the immoral real estate players. But that will not be enough. Keeping the price under scrutiny is also needed. With that, increasing FSI and redevelopment in Mumbai, Delhi and other populated cities are highly needed to cater the multiplying population. We can expect affordable housing projects, and developers who are fair in dealing. But most importantly we desire cost of properties to remain steady for a while and not sky rocket. If this happens then maybe we can expect a green signal to the great Indian housing dream. займ на карту без отказов круглосуточновзять кредит онлайн