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Showing posts from November, 2020

COVID-19 Hits Mohali Real Estate Market

Indian real estate market has seen rock bottom with the global pandemic of COVID-19 . As we all know the market was already hit by demonetization and commencement of RERA in the year 2016 and only recently was retrieving again but this pandemic has made it difficult for this sector to recover. The first half of this year has not been easy for anyone in the whole world. Some people lost their jobs, some people had to leave their places to go back to their hometown, the country was under lockdown. In such a situation it was very difficult for builders to sell homes to people. We have all seen the shift of priority from buying a home to staying safe. There is no doubt that every person has realized the importance of having their own home due to coronavirus, but due to lockdown and requirement of maintaining social distancing builders have not been very successful in making sales. In an interview, Tejinder Singh Punia, former president of the Mohali Property Consultant Group says tha...

Important Recommendations on Investing in Right Commercial Property

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The task of buying a commercial property seems to only get harder with each step. It would also be because there are several risks involved in buying a property, and you, as a buyer, want to make sure you're investing within the right property for your venture. So to make the task slightly easier for you, here some important recommendations on investing within the right commercial property: 1. Review the location It is imperative for you to never invest in any property without actually finding out the property and its location. Location of the property plays a large think about deciding its price, and way forward for your venture. Before you invest in commercial property, make sure that the location you've got chosen has good social infrastructure for the staff or the consumers / clients and is definitely commutable via conveyance. 2. Take Expert’s Advice You may not know everything about buying a commercial property , but somebody else does. There are experts availabl...