Monday 22 June 2015

Should real estate be bought in a flash?

Buying a house, in a flash sale or otherwise, should be a well studied decision. Don’t go by offers alone

Flash sales have now come to a product that is usually bought after much planning—residential real estate. Online portal 99acres.com, along with digital marketing firm Amura Marketing Technologies Ltd, is organizing the Indian Realty Flash Sale (IRFS), from 26 June to 28 June.

Buyers will get discounts and offers on completed and under-construction projects by around 50 developers from across India that will be available. Interested buyers have to register at www.irfs.in (12-25 June). They can then see the details of various projects and also indicate their interest.

“The idea is to create an impulse in the real estate space, which is facing a mixed sentiment right now; there is uncertainty in the minds of customers,” said Narasimha Jayakumar, chief business officer, 99acres.com.

Though macroeconomic indicators have improved, the Reserve Bank of India has cut policy rates and the finance minister has urged banks to pass on the benefit to customers, the real estate space remains stagnant. Unsold inventory in six metro cities was 668,000 units (March 2015), according to realty consulting firm Liases Foras.

Read entire article on http://goo.gl/xaWG3z

About us

MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.


Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.


Contact

501, 5th Floor, Plot No - A-123/4,
Odyssey IT Park, Road No. 9,Wagle Estate
Thane (W) - 400 604, Maharashtra, India

Mobile : (+91) 9833 4583 23 
E-mail: mchithane@gmail.com 

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