SKB Group: A Leading Real estate Developer of Delhi NCR

Stable prices bringing NRIs back to real estate market: Stability in housing prices and favorable rupee movements are bringing back the NRIs in a big way to the real estate market with high NRI population such as the US and the UK. Interestingly, the non-resident Indians living abroad are showing a renewed interest in the Indian housing market . "We are seeing a lot of interest from the NRI community. The rupee depreciation against the US dollar is also helping, for the prospective home buyers from the American continent," HDFC Ltd Managing Director Renu Sud Karnad told PTI. The housing prices have established, while softening of interest rates have helped make the home purchase much more affordable. NRIs have become extremely important for the Indian real estate market and they contribute 8-10 percent of the total housing sales volume across India. "With city limits expanding to peripheries, investors have a variety of products ranging from affordable to lu...

Investment in Real Estate In India, real estate has traditionally been considered a favorable  investment option. With a stable central government, outlook for the real estate sector once again looks positive, and has resulted in a renewed sense of confidence in this industry. However, escalating residential property prices, low appreciation levels and increasing risk attached to investing in residential properties have all contributed towards a weakened confidence in this asset class, which was otherwise, the most preferred one for investors as well as end users. As home buyers move up in life, they generally upgrade to a larger and/ or better-located home for their own use. They may want to move into a new house and sell out the first one in order to secure an appreciation on their capital value. Alternatively, they may decide to hold on to their selling decision and rather rent out one of the two houses for a steady rental income. The yield rates have always been low b...