Is really, Hindustan being the biggest pocket for real estate?

Hindustan or better called as India, has huge demand for housing and shifting to flats in apartments. Well, the reason can be anything, much far as your psyche can run. Indian industry experts can coin it as 50 million houses within next 10 years. So, say yes to more houses as India is growing. No, it not as you thinks but considers that how urbanization is replacing our natural covers. 

Possible reason can be anything like high population growth like European countries which are thinking to shift out as refugees or as asylum seekers. Another reason can be people’s earning capability has seen up-hill. If talking about properties in Lucknow, people search Property for sale in Lucknow as job openings in the capital of the state are more than in any other city in Uttar Pradesh, comparatively. Now, shifting downward in the Indian map, cities like Hyderabad, Bangalore, Mumbai, Chennai and Pune has demand for real estate as migrant from other cities hop in for efficient seek of job. Being the silicon city in India, Bangalore open door nearly 100,000 folks all around the country for better job security and thereby people bees the city and from very beginning after getting job, they hop-out for search for rented settlement. 

But, it is a sad state of affair that although constructions are on so to give roti-kapda-makaan to new-joinees in the job-oriented cities, there are less buyers and the building stands as deserted and haunted location with least number of inhabitant. Well, the respected builders, brokers, dealer never stand trying and so they honeys their money-spinning offers and schemes for the onlookers to get attracted and buy their dream home. Nevertheless, about 6, 00,000 units housing in top cities stands unsold for more than multiple years now. Ironically, there is demand, there is supply but there is entangled situation for more builders in the nation. Reason can be anything; a new developed case can be like demonetization of money. Nobody knows about the clear-cut reason but it a major reason for which calm sleep of builders has been hampered. 

Knowing the bitter grounds of the scenario, some builders chooses four to five series apartments which means as they start with the one and use the initiate token of the first project for the second one and then third and so on. Instead of using the proceeds mints and deliver the complete product on time, there are so many of inter-link cash flow that there more hay-way and gutted circumstances.  Such behavior and delays act as grave-like acts in the real estate industry which seriously impact returns and dampens overall investment of the clients which puts the market on stake with unsold inventory,  incomplete projects and leading to further depressed prices and returns. Unfortunately, this all leads to cases where people have invested their hard earned money so to get their dream home as said possession period but they have left with dust of concrete, cement, bricks, mixtures and so on.