The real estate sector of India, from past few years have been fluctuating, sometimes the market witnessed stability while sometimes a downfall. However it is predicted that the country’s economic condition will remain robust in 2014 which will certainly aid the real estate sector to achieve new milestones. Though the market may remain sluggish at the beginning; it is likely to catch the pace by the second half of the year. One of the major concerns for this year will still be the real estate bubble that would lead to fall in property prices. Apart from this, the new land bill, ready reckoner rate, affordability aspect, infrastructure growth are some of the factors which you may have to keep in mind before investing in any property, this year.As an investor, you have to be watchful about some aspects before buying any property in India:The new land bill:The much talked about land bill has eventually come into effect this year. Most of the ongoing residential as well as commercial projects will be escalating their costs as per the new law. The land cost will significantly increase for the real estate developers. Most of the builders will be coming up with joint development projects so as to share the profit as well as the resources and the risks associated with the development. Hence as an alert investor, you have to look out for the title of the property in order to make sure that is free from any litigations and encumbrances. In case of newly developed project or a resale property, the buyer has to ensure that the society has been formed and also have to check whether the builder is known to the housing finance company, if he or she is looking for a home loan.Influence of general elections on realty:The economic scenario of our country is said to become steady this year. Even though the sales had dropped last year, it weren’t stagnant hence the demand for properties especially residential will remain stable this year too. In fact the general elections may have a positive impact on the real estate sector. Buyers are expecting correction in property prices by the new formed government. Therefore affordability can be a driving factor for the residential growth. Both developers as well as buyers can be benefited by the new government.Infrastructure condition:Location is a significant element to consider before buying a property. The condition of the social and physical infrastructure of the locality is one of the factors that determine the property price. Most of the locations are now well developed and boast important infrastructure like flyovers, metro rail, water supply, electricity, well- developed roadways and railways. Therefore people who desire to buy a home in 2014 should not compromise on any infrastructure features as most of the areas even the suburbs and city outskirts are equipped with good infrastructure. Don’t go for a location where infrastructure activity is likely to take place.Affordability factor:Whenever you invest in any property, affordability is the key element which is considered but that doesn’t mean compromising on other related factors. Most of the builders, now- a- days are offering affordable homes in city outskirts where there is lack of infrastructure and commuting facilities, so be aware before falling into the trap. There are few projects which do offer good facilities along with low price, you can look for such projects with proper research.When is the right time to buy a property?2013, was a year with mixed market sentiments. The uncertainty in the real estate market conditions may continue till the start of 2014 too. Both the homebuyers and office occupiers may have to remain cautious during the initial period of 2014 but by the second half revival may take place and will prove to be a good time for investment. Be aware of the pre-launch offers as this year they would strictly be banned by the authorities. End users can invest in properties anytime throughout the year with respect to the affordability factor. People who are anticipating for good returns within a span of 1 to 2 years can invest in properties in 2014.To conclude, the economic scenario of the country is likely to pick up in 2014. New residential launches and demand for office spaces will continue this year too and the market will possibly become steady.займ на карту без отказов круглосуточновзять кредит онлайн