Prices of homes to go high in 2015

The housing sector of India is one of the most rapidly evolving sectors of the Indian economy. Thanks to numerous real estate developers, rising demand of high-class properties and easy availability of home loans, the segment has grown by leaps and bounds.

Home prices to go up in 2015

Experts believe that buying a new home in 2015 will be expensive for buyers. According to a report by JLL, home prices and sale value will go high in the New Year. With the influx of foreign investors and international players in the sector there will be a rapid rise in industrial growth that will be reflected in property prices in the coming days.

2015: A great year for the Indian Real Estate Sector

2015 promises to a be great year for the Indian realty sector. With the economy slowly reviving, many property developers are coming up with ambitious projects. The Central Government has announced several investor-friendly policies that have boosted investors' confidence.

Setting up of real estate investment trusts (REITs) and relaxation in Foreign Direct Investment (FDI) norms will have a big role to play in the coming year. REITs will have been in the wish list of property developers for long and relaxation in FDI norms will pump more funds in the cash-starved sector.

Cities to witness high growth

Cities like Bangalore, Chennai, Delhi, Pune and Gurgaon will continue to witness high growth in the coming year. Among the cities, demand for residential units in Bangalore will remain high and, therefore, property developers in the city have every reason to remain optimistic.

With high growth in physical and social infrastructure of Bangalore, the city will continue to draw homebuyers and investors. Thanks to a large number of property developers in Bangalore offering a range of apartments, the city will remain a hot property destination in 2015.

The New Year is the right time to buy new homes. With a host of amenities and top-class facilities, the year promises to be a positive one for buyers and investors.

Keywords: Buying a new home, New Homes, Real Estate Developers, Property developers in Bangalore