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A Realty better than dreams: Range of affordable dream houses in Hyderabad

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Hyderabad – the suburban twist to the Indian real estate market. Contrary to the cities that are experiencing house sales, Hyderabad’s residential market has been flourishing. Realtors at Modi Builders review that the cost factor and changing economics can be among the major reasons that signalled the impending end of 1BHK flats, especially in Hyderabad.

Fortunately, with increased demands, builders have learnt to play along accordingly. With millennials becoming the prime wage earners in most Indian households, the realty market has come up with new approaches and initiatives to keep the customers satisfied. Developers like Modi Builders have most of their projects designed from millennials’ perspectives giving a modern touch to them. These houses are among the most affordable ones, ranging from flats to luxury villas meant for people from all economic backgrounds.

Lotus Homes is a premium apartment project that offers state of the art amenities. The project consists of luxury apartments with superior specifications, situated at Ahmedguda, near Nagaram and Kushaiguda. The project is being constructed by Modi Builders, a company with an excellent reputation for maintaining high standards and delivering quality housing at affordable pricing. It has numerous facilities like playground, clubhouse, parking, sports facilities (cricket, tennis, badminton) and landscaped gardens.

Considering the noise and pollution at the heart of the city, the apartments for sale in Hyderabad are mostly located on the outskirts. This is the place for you if you wish to seek solitude and peace. Most of the housing projects are located near educational institutions and medical centres, thus covering the basic needs of the residents.

Another one out of the series of affordable housing is Golden County project by Modi Builders. The project consists of over 413 2bhk/3bhk luxury villas and has a fully equipped clubhouse, a swimming pool, a gymnasium, a play area and several other facilities spread over an area of about 30 acres. It is situated at Rampally near Infosys Campus, Ghatkesar.

The various approaches by the top builders in Hyderabad have moulded the landscape of the city’s realty market for the better. The initiative by Modi Builders, among other top builders, to launch all-inclusive homes at affordable prices has also made Hyderabad an ideal destination for investing in residential property.

 

Your guide to hassle-free home buying experience when seeking a better quality of life

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Finding the perfect house for your family can prove to be a daunting task. The process of house hunting turns out to be stressful at times. In order to find the perfect house, it is necessary to have a guidebook which covers all the tips and steps for making the right decision.

For the customers, buying a house is not just an investment in any other piece of property. It is a source of security, stability and pride for them. Considering the country’s real estate market and the government policies, having an affordable and luxurious house is not a far-fetched dream anymore. A number of infrastructural developments and the increasing competitiveness amongst builders have made buying home a lucrative investment.

Although, for the first-timers, investing in a home of your own in India can seem a little confusing and intimidating, but with the right set of advice, the process can go smoothly. On that note, let’s take a look at some of the important factors to be considered while investing in a house:

LOCATION, LOCATION AND LOCATION

One cannot emphasis enough upon the importance of location when buying a house. It is necessary that customers pick the right and suitable housing project. If you have a specific location in mind, then you need to visit that area frequently. Modi Builders provides gated communities consisting of residential villas and apartments with well-planned layout. All our projects are designed as per vaasthu and have all the preferable amenities that can enhance your lifestyle.

KNOW YOUR NEIGHBOURHOOD

When living in a gated apartment, having a helpful neighborhood comes in handy. Before investing in the house, buyers should interact with the neighbors and make sure that they have an easy access to transport.

PLANNING THE FUTURE OF YOUR CHILDREN

While investing in a property, look for the options which are located near schools. Consider your options as it will define your child’s future as well. Looking for more viable and suitable options which are near several residential communities, international schools and colleges is necessary. Project apartments and villas by Modi Builders in Hyderabad like Sterling Homes and Golden County are few of the many projects that lie in close proximity to top international schools and colleges.

STICK TO YOUR BUDGET!

Always buy a home which fits your budget. The most important thing is that you don’t go overboard with the budget. The problem is when you push your price range and it leads to borrowing. If you are looking for the option of mortgage, then calculating the maximum monthly down payment is necessary.

INVEST IN THE FUTURE

Buying a home is an investment into your future. Thus, there are various factors which affect your research. As buyers, you should ask yourselves if you plan to expand your family. How many extra rooms will you require? Can the homes be customized, expanded or reconstructed? Our homes are built taking everything into consideration. Not only are they constructed using the top quality material, our architects have also left some space for your innovation and creativity.

Individuals need to plan their budget and search the market before buying a perfect house. The various housing projects developed by top builders in Hyderabad offer options which fit in the pockets of majority of the buyers. Modi Builders offers housing projects like Elegance and Sterling Heights, which have witnessed a huge surge of demand for 2BHK/3BHK flats in Hyderabad with luxurious amenities at cost effective rates.

 

 

Latest trends are setting up the Indian realty market for a long haul

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The realty market of India seems to be waking up from stagnation lately ever since the global financial crisis hit in 2008 and affected the market greatly. Owing to the major reforms in taxes and regulations in the recent times, the real estate sector in India is growing and is ahead of some countries like those in Middle East.

The corporate and commercial sector are also expanding and so are the demands for working space. The co-working spaces in the major metro cities across India has grown exponentially in 2018 and have probably crossed over 600 million square feet in the end of 2018.

Experts at Modi Builders review that with the growing capital and commercial sector, the need for residential estate is increasing.

Moreover, the ever growing population inevitably leads to increased demands for housing are increasing and the government’s constant emphasis on the agenda of providing ‘housing for all’ seems quite legit. The recent trends in residential realty market seem to be throwing some optimism along our way.

The housing units in the top cities have increased by over 3 percent just in the first quarter of this year, with Hyderabad in the lead. One of the top builders in Hyderabad like Modi builders, provide the buyers with affordable villas and apartments with a touch of luxury, while prioritizing the safety and security as well.

Additionally, India has had an inflow of over $2 billion just in the first quarter of this year from foreign investors in the real estate sector and the market is expected to contribute around 13 per cent to the country’s GDP by the year 2025 as per Indian Brand Equity Foundation.

According to Anarock’s “Indian Residential Real Estate Consumer Sentiment Survey” which shows 10 percent rise in the real estate investment, we can assume that the market is set to grow further in the next few years.

 

Here’s why Hyderabad’s real estate sector is leading the pack

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 The real estate sector of Hyderabad offers a huge growth potential. Having evolved in phases, the realty market in the city was not the same, a couple of decades ago. However, it took off around 2004, as the IT sector started generating demand for residential properties across the city.

It was a perfect time for the abnormal rise in the rates, with real estate boom in Hyderabad opening the doors for investors and developers. The prices went up by five to six times and a major transformation raised speculations of a healthy future for the real estate sector in the South Indian city, explain industry experts at Modi Builders.

The land rates also jumped by three to four times and the people started investing in  various locations in the city. Since residential areas in Mumbai, Delhi and Pune have been saturated, Hyderabad is turning into a leader of the pack by attracting various corporates and residential real estate seekers from other cities.

Young people are also migrating to Hyderabad due to the cost factor and a huge potential on purchasing a property. Experts at Modi Builders, one of the top builders in Hyderabad opine that the residential real estate sector in the city is not about small and affordable projects anymore. There are many luxurious projects in and around the city, which offer plethora of amenities to the residents.

Swimming pools, play areas, gymnasium, security, etc., are some of the basic amenities offered by all these projects. With great eco-system for healthy and hassle-free living, the buyers are preferring these spacious apartments over small spaces in the main city.

In terms of quality of life and residential pricing, the city is still offering better value for money, compared to the other metro cities. Hyderabad is set to add another 14,000 to 15,000 residential units to its inventory this year, which will further boost the growth of realty sector in the city.

 

Residential real estate market gains momentum after a state of hibernation

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India’s top 9 cities witness a growth trajectory in the number of housing units, which showed an uptick by 3 percent in the first quarter (Q1) of 2019. Seeing the buyer’s confidence revive again in the residential market, developers seem more optimistic as new housing launches increases to 42,504 units in India top cities such as Hyderabad, Gurgaon, Mumbai, New Delhi, Bangalore, Chennai, etc.

Succeeding the seven percent dip in 2018, there has been a slow but steady rise in number of new housing units. The developers are invested in both launch of new residences as well as clearing the existing inventory of unsold units in the country. The inventory slew by four per cent as compared to the previous year’s quarter (Q1 2018). The market improvement can be credited to increased buyers’ demand.

The capital values across the nine cities weren’t much affected, except Hyderabad which saw a comparative one percent rise. Hyderabad stands at the top of the position in terms of new launches (100 per cent rise to 3,026 units launched), followed by Noida, and Thane (Mumbai).

“As ready to move housing units’ become increasingly available, the demand has, thus, been thrifted upwards. The increase in buyers’ demand also led to an increase in buyer’s absorption rate, as much as five per cent approximately. We expect the positive shift to last in the forthcoming years.” say real estate experts at Modi builders.

With buyers having access to risk-free options at considerable prices, Samir Jasuja, founder and managing director at PropEquity also seemed optimistic about the Indian real estate sector. He says

“With beneficial announcements for the real estate in the budget, we can witness further push to housing demand, especially in the affordable and mid-income segment. Branded and large developers with good fundamentals are expected to do well this year.”

The residential real estate market has been previously impacted by buyers’ distrust and lack of delivery commitments on the part of developers. Various instances from the past can be highlighted wherein empty promises were made on developers’ end, which adversely affected the buyers’ confidence in the industry.

However, as the trend reverse, future prospect of the residential real estate seem promising, including sectors job creation, proper market STP (segmentation, targeting and positioning) and timely project completion (RERA plays a detrimental role).

 

Modi Builders Review on "Residential real estate market "

Residential real estate market gains momentum after a state of hibernation

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Modi Builders Review on “Residential real estate market “

India’s top 9 cities witness a growth trajectory in the number of housing units, which showed an uptick by 3 percent in the first quarter (Q1) of 2019. Seeing the buyer’s confidence revive again in the residential market, developers seem more optimistic as new housing launches increases to 42,504 units in India top cities such as Hyderabad, Gurgaon, Mumbai, New Delhi, Bangalore, Chennai, etc.

Succeeding the seven percent dip in 2018, there has been a slow but steady rise in number of new housing units. The developers are invested in both launch of new residences as well as clearing the existing inventory of unsold units in the country. The inventory slew by four per cent as compared to the previous year’s quarter (Q1 2018). The market improvement can be credited to increased buyers’ demand.

The capital values across the nine cities weren’t much affected, except Hyderabad which saw a comparative one percent rise. Hyderabad stands at the top of the position in terms of new launches (100 per cent rise to 3,026 units launched), followed by Noida, and Thane (Mumbai).

“As ready to move housing units’ become increasingly available, the demand has, thus, been thrifted upwards. The increase in buyers’ demand also led to an increase in buyer’s absorption rate, as much as five per cent approximately. We expect the positive shift to last in the forthcoming years.” say real estate experts at Modi builders.

With buyers having access to risk-free options at considerable prices, Samir Jasuja, founder and managing director at PropEquity also seemed optimistic about the Indian real estate sector. He says “With beneficial announcements for the real estate in the budget, we can witness further push to housing demand, especially in the affordable and mid-income segment. Branded and large developers with good fundamentals are expected to do well this year.”

The residential real estate market has been previously impacted by buyers’ distrust and lack of delivery commitments on the part of developers. Various instances from the past can be highlighted wherein empty promises were made on developers’ end, which adversely affected the buyers’ confidence in the industry.

However, as the trend reverse, future prospect of the residential real estate seem promising, including sectors job creation, proper market STP (segmentation, targeting and positioning) and timely project completion (RERA plays a detrimental role).

 

Top 5 Trends Likely To Shape Real Estate Market This Year

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The real estate sector in India has undergone a massive change in the last few years. It was growing at a decent pace, before slowing down due to the introduction of new reforms by the current government.

However, the past two years have seen India climb 52 positions in the Ease of Doing Business rankings released by the World Bank. Owing to the transparency and accountability brought by the new reforms, things are getting better for the billion dollar industry, suggest Modi Builders, one of the top builders in Hyderabad.

Here are 5 major trends that are likely to shape the real estate market in 2019:

 

Demand for commercial real estate:

Investment in commercial real estate will be fueled by the GDP growth. Owing to the renewed interest from banking tenants and expansion by tech-companies, the commercial real estate absorption has grown by more than 20 per cent in 2018, and the trend is likely to continue.

 

Availability of affordable residential real estate:

The demand for affordable housing is growing with the increasing population, urbanization and the rise of nuclear families. But, the buyers have not been able to get the desired properties at an affordable price in the major cities like Mumbai, Bengaluru and Delhi NCR.

However, some residential real estate developers like Modi Builders have come up with various apartments in Hyderabad at different location, meeting the demand of both luxury as well as affordable home-seekers.

 

Consolidation:

Joint developments, joint ventures and development management agreements have been growing between the landowners, smaller developers and organized developers. This process is expected to go on, as the small developers are reaching out to the reputed ones for completion of their projects and resolving their financial troubles.

 

Warehousing:

There has been a structural shift in the logistic sector as GST has helped bring all the states together, turning them into a single market. The sector is attracting quite a few players with small fragmented networks being consolidated into large distribution chains with centralized hubs. The developers have been encouraged to shift their focus from housing to warehousing with the growth of online shopping.

 

The financial complications:

The disbursal to the real estate sector have been slowed down by the ongoing NBFC crisis. The developers are finding it difficult to raise funds for the projects as the banks are becoming watchful. They have been forced to resort to other financing routes, which in turn is increasing their cost of capital.

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The period before and after the general elections is expected to be crucial for the Indian realty. It can make or break the progress of the sector. Many developers tend to go slow on launches before polls and home buyers also wait for the developments. However, the experts at Modi Builders predict a fruitful first quarter for the home buyers, and expect a turnaround for the sector post general elections.

 

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Modi Builders Shares Some Effective Tips To Keep Your Realty Investments Safe

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Investing in real estate market offers plenty of opportunities to make huge revenues. However, being a volatile market, it is affected by various unpredictable factors. Thus, it becomes important to make very calculated moves and safeguard your investments wisely.

Listed below are some of the most effective ways for securing your real estate investments:

Adopt The Right Business Approach

It is imperative to follow the right business approach before making your investments. There is no shortcut or a quick entry and exit approach which can yield promising results, say realtors at Modi Builders, one of the top builders in Hyderabad. Instead of focusing on quick moneymaking, you should enter the business as a wheeler dealer. It calls for a proper understanding of all the aspects of the business, the prevailing trends and the factors affecting the market. You should ensure that your business approach is legitimized, as it can help you in saving on commissions. This is also effective in avoiding the small glitches and backlogs.

Investment Tenure

Industry experts at Modi Builders suggest the real estate should always be considered a long-term investment. You should hold a property for at least 3 years. However, the maximum return on investment is likely to be generated between 5 and 7 years.

Get Your Property Insured

A comprehensive insurance plan can safeguard your property from all kinds of sudden disasters and calamities. Considered as one of the best ways to safeguard your real estate investment, it is a must for high-end properties. However, it becomes important to ensure that the insurance plan covers all types of calamities, such as flood, drought, hailstorm and earthquake, as well as fire outbreaks or the other disasters.

Decide When To Cut Your Losses

Though it is commonly advised to make long-term investments in the real estate, but holding the assets that are losing their value proves to be an unwise decision. A comprehensive market research can help you in estimating the right time to sale/purchase a property.

Documenting All Furnishing

It is advisable to keep a detailed record of all the items in your property, especially if you own a holiday home, say realtors at Modi Builders. This will help you in keep a record of anything which goes missing or is stolen, and can also help you in getting insurance claim. Your document should include important things, such as like manufacturer’s details, model name/number of the items and a photograph of the item. You should have these details with you, and not only on the property.

Secure Financing For The Property

Industry experts recommend seeking help from a reliable financing agency or institution if you are looking forward to invest in the real estate market through external financing. An official business portfolio is required for this as it can ensure great revenues.

Ensure That Your Property is Secure

You need to upgrade the security of your property above the minimum standards, say experts at Modi Builders. Ensuring security measures in important places can help you in keeping the thieves away.

 

We hope these tips help you in securing your real estate investments in the best possible ways

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Want to invest in real estate? Get Started with These Useful Tips

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The world of real estate is quite dynamic, and attractive with the way it functions. The industry has great scope without any significant risks, as compared to the stock markets that usually deal with continuous fluctuations. Yet, there is something about this industry, which makes it very interesting.

As a real estate investor, you need to study the market, create strategies and make decisions based on various characteristics, explain industry experts at Modi Builders. But, is it worth the try? Is the world of real estate enough to fetch you the income you are looking for?

Well, as long as you are knowledgeable about the condition of your investment, cost of maintenance, taxes, insurance, property management, you are on course to earn decent profits. Real estate is a good industry for hustlers as they know that they can call frustrated owners and landlords and buy their property before it hits the market. But, it’s not bad for a layman either.

The best way to start is to find a property you want and make an offer. The great thing about real estate deal is that you can negotiate unlike in the stock market, where everything is dynamic. A good negotiator can save a decent amount from the very first investment. It is also important to increase the property portfolio regularly to stay ahead of the curve. Even if the market has a downturn, you can wait for the right time to sell. Meanwhile, you can earn the rent from a larger property portfolio till the rates go up.

The success of an investor not only depends on the ability to choose the right property, but the ability to sell it at the right time. An investor needs to take control of every step and process to prevent losses.

According to the experts at Modi Builders, one of the top real estate builders in Hyderabad, the real estate market is open to everyone. You don’t need a certain qualification and there is no industry-specific criteria to get started in this industry. It’s all about doing a bit of research and making wise decisions to become a good investor and earn decent income.

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Good customer Service Vital For Realty Business To Thrive, Suggest Experts at Modi Builders

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Customer service is a very important aspect of any business and real estate is no exception. If the customer service is good, there is no need for a builder to invest heavily on marketing. But, if the customer service is poor, even the best marketing cannot change the fortunes of a business.

A bad customer service leads to a damaged reputation of a real estate builder. It becomes difficult to convert the leads on regular basis. According to a survey, people are likely to share a bad experience more quickly as compared to the good one. Remember, a bad news always travels faster than good news in real estate industry.

 

A study has suggested that customers with positive experience prefer to stick to the same builder, even in the future. Whereas, customers with a negative experience are likely to make purchases from other builders immediately after encountering the bad experience. So, the first impression is very important.

 

Furthermore, customers are quick to write negative reviews online whenever they face a problem, explain experts at Modi Builders. They can vent their frustrations on various social media platforms tagging their friends, family and other users. These reviews can change the mindset of an individual before making a buying decision.

 

Customer feedback and complaints can make or break any business, believe industry experts at Modi Builders. A recent study has also revealed that 95% of customers usually tell at least one person about a bad customer experience with a company, while 54% share it with at least five other people.

 

The same study has also revealed that 88 per cent of the people are influenced by an online review before making a buying decision. So, online reputation is important for the overall health of a business and cannot be ignored at any cost.