The depreciation of more than 25 per cent in the past eight months makes the rupee’s value fell from Rs 44 against one dollar in August 2011 to Rs 56.24 by May 31, 2012.
A non-resident Indian (NRI) will now get at least Rs 10,000 more for every 1000 us dollars they are spending in India than 2011. And if anyone had doubts about Chennai being a boom city, the National housing Bank’s Residex index, which has been tracking home prices in different parts of the country since 2007, puts them to rest as the home price index for Chennai leapt up 39.5per cent in the last quarter
Real estate projects catering to upper middle class and luxury apartments and villas are available in plenty at the market.
This is a great opportunity to generate new investment opportunities in Chennai.
The Vital Factor for appreciation of any location is based on the Industrial Developments, Multinational Companies investments & Government investments in infrastructure development and residential developments.
Suncity is an opportunity for a common man to capitalize on all these factors.
This township is surrounded by major corporates, MNC’s and is well connected by all means. The biggest advantage of this township is the railway station proximity and being near to the proposed green field airport and satellite township. `Suncity’ with world class facilities and amenities will prove to be the best option among all other integrated townships in Chennai.
On the whole, living in a greener environment and with an elite society at par with Chennai city standards @ 1/5th price of prevailing Chennai real estate prices is the greatest advantage of Suncity.
Call us on 044 4000 5000 to get more information.
- Investigate before you invest. This is one of the most important of all the laws of investment.
- You should spend at least as much time studying a particular investment as you do earning the money to put into that particular investment.
- The only thing easy about money is losing it. If you think you can afford to lose a little, you’re going to end up losing a lot.
- Invest only with experts who have a proven track record of success.
Any interest rate cut generates liquidity in the market which in turn creates an option for the investors to invest their funds and get better return. When interest rate falls, real estate builders and developers can get the funds needed at cheaper cost; this in turn will make the construction works gets faster. The property is also sold quickly as the purchaser also gets bank loans at lower rates.
This is why Real Estate Investment is always a great and risk free investment.