With the new philosophy and initiative taken by the current Indian Government for development and growth is a real booster for real estate sector as well. P M Modi has already announced the launch of 100 smart cities this shows their seriousness towards their cause for development and growth.
The vision of developing 100 smart cities as satellite towns of larger cities by modernizing the existing mid-sized cities, with first cities would be filtered by 2015, 40 more cities by 2016 and the last 40 by 2017. This is foreseen as a great strategic move in the rapid growth and development of Real Estate Sector.
From the past 2 to 3 years real estate market has been on a downfall with the price hike in the property sector, the demand and supply balance has been affected with number of projects on a rise and actual demand of such property is quite less.
Considering such factors the builders are now moving to a segment of affordable housing, to make sure that they can provide services to people looking for affordable houses or property. Now builders wish to work for the satisfaction of end users.
The most convenient method of filtering the property that suits your budget and requirement is through the internet, where one can search, filter and even compare different property to have a more narrow approach. Internet is a great medium of finding all that you need to know about buying a property from location, builder history, various projects, amenities and even bank tie –ups and approvals all available just a click away from you.
The entire world is on internet and everyone is going digital then why should real estate be behind, real estate sector has also adapted digital medium of marketing to bring products and services directly to the end users as well as to suite their comfort.