Rising Real Estate Industry in Guwahati

105 17
Guwahati is the capital of Assam is the most crucial destination in north east India. Guwahati is well-known for its high coal reserves, natural gas, oil industry and tea plantations.

Talking about the realty sector in Guwahati, it has shown a substantial growth in the infrastructure development and also a rise in property prices. The fast paced development of the industrial sector has attracted more number of professionals to the city. Also Guwahati is home to some of the premier institutions in India like IIT and other top colleges of India. Students from different cities throng the city resulting in a higher demand for housing space. It is one of the most fast paced developing cities in India. The primary reason for such growth is the ever rising population of the city. This extensive change is due to the fact that Guwahati is the economic center of the state and so the most preferred destination for migrants in Assam. Guwahati property market is growing largely and a lot of investors are interested in buying land here.

A large number of residential units comprising individual houses, apartments and shopping malls are developing fast in the city. Not only this, areas nearby Guwahati are developing fast owing to the large scale development going in the city. Retail sector is also flourishing with the development of various departmental stores and supermarkets. There is no dearth of good real estate companies in Guwahati.

As a matter of fact, real estate in Assam would largely depend on the success of the Industrial policies of Assam Govt. which boosts private investment in industrial and infrastructural projects. Guwahati real estate market is also zooming away with a number of large scale upcoming infrastructure projects; from the center and private investors. Best real estate builders in Guwahati would provide you with unmatched development and quality based services.

Property prices in the residential segment keep on fluctuating depending on the demand and supply. In a recent study, Indian cities have shown a mixed trend. In 9 cities, the property prices have shown an upward trend. On the other hand, eleven cities have shown a downward trend including major cities like Kolkata and Bangalore. In the residential sector across the Delhi/NCR region, there have been many project launches.

As per the data of National Housing Board (NHB), the prices of residential segment have seen a remarkable hike of 3.8 percent in Delhi/NCR, 0.5 percent in Mumbai and 1 percent in Chennai.
Source...
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

Leave A Reply

Your email address will not be published.