GEETANJALI HOMESTATE PVT LTD: ICONIC REAL ESTATE FASTEST GROWING CONSULTANT
Being acknowledged as a Real Estate
Titan is a great source of inspiration for me and my company, motivating us to achieve more in the future. It’s the unrelenting
attitude of a person that takes them to great heights. Our association with Hindustan Times is invaluable. As it will roll out a great identity for the company.
Geetanjali Homestate deals in verticals. Our forte is retail, commercial, luxury residences, SCO and Plots etc. We have seen the demand for residential as well as commercial spaces increase at a phenomenal pace and the rate of interest becoming very affordable. When it comes to residential properties, people are
currently looking for multi-functional, community living, amenities, on-site management facilities and safety and security, podium level facilities. We estimate that real estate market will see the growth in construction of new micro-markets and formats like plotted developments and villa properties. Demand for mid and luxury segments will increase rapidly. Further, the demand for commercial, shops cum offices and residential Sector will increase at a faster pace as will the demand for bigger and quality spaces.
The Government’s focus on developing transportation infrastructure is fuelling growth and will benefit the real estate sector. As a further impetus, we feel that the Government can provide more incentive to the homebuyers, especially to the lower and middle class people and hence promote the motto of affordable housing for all. New mechanisms to ensure ease of acquiring funds for real estate projects should also be put in place. Government has to bring constructive technology to the real estate sector.
As consultants we advise that investors in real estate should focus on location, trusted builders, infrastructure and emerging neighbourhoods. Real estate investments should be looked as long term investment, a minimum 3 year period is required to get maximum benefit. Real estate investment can serve as a hedge against inflation as usually value of property increases with the inflation. There are tax advantages to property ownership as well and investing in real estate is easy to understand as compared to stock market.