Is this the right time to invest in real estate?

Affordable property , flats , 2BHK , 3BHK in TriCity , Mohali , Chandigarh , Zirakpur , Derabassi & kharar

Buying real estate is widely considered a safe bet by Indian investors, even though the market might show otherwise. Like every other market, real estate too has its highs and lows. For instance, the real estate market boomed between 1988 and 1994, and most property prices went up by over 10 times during this period. However, the bear market that followed was very challenging. By 2002, many properties were being put on the market at half the peak price they achieved in 1994. If one considers the ..

Lack of buyer interestimage4

The market has witnessed a marked decline in the number of people buying residential properties. One of the main reasons for this is the fact that property prices remain high compared to the average income of individuals. “There is end user interest, but what buyers are waiting for is reasonable and affordable prices,” says Rahul Mehra, CEO, Dara Build Tech. “As of now, end users are only looking at projects that are priced appropriately, ..

Inventory build-up

As a result of the dip in the demand for property, investors and builders, who developed and hoarded residential properties expecting prices to rise, found themselves unable to sell their inventory. The unsold units in eight large cities in the country have already hit an all-time peak of 1171 million sq ft, up by 22 per cent from last year. If the current rate of sale persists, it will take more than three years to exhaust the existing inventory.

Why to Hire Property Management Services?

Dara Group provide you affordable & best property , plots ,flats ,1/2/3bhk , villas , kothis at prime location in Tri City Mohali / Kharar .

Hiring the property management services is worth it, if you do not want to take the stress or lack money and time, needed for managing your property. Many people think that why they should pay their hard-earned money to a company just to collect rent from their tenants. Well, first of all it is important to understand that these companies do more than just collecting rents. Though there are a number of tasks performed by a property manager, but this article focuses on the three major areas where their services can be highly beneficial for you.

Availability – The main purpose of property management firms is to handle properties. These firms have years of experience in this business and are backed by a trained and qualified staff to ensure everything runs smoothly. The reason why you should hire their services is because of their experience and resources that you apparently may not possess. Besides, these companies are available round the clock to manage the properties of their clients. Even if you choose to handle your property on your own, you may not be able to focus on it all the time. So, apart from experience, this is another factor that gives professional services an edge. Property managers devote all their time in marketing your properties, screening the tenants, handling the maintenance, evicting bad tenants and also handling emergencies, quicker than you possibly can. Before actually deciding to handle your property on your own, you must consider the exact amount of time you would have to take out to focus on the various important areas of your property. For instance, finding good tenants is harder than you might think. But professional services do know where and how to market a property to get the desired outcome as fast as possible.

Finding tenants – Putting an advertisement for rental property and getting some responses is not difficult. The hard part is to decipher the responses to pick the best tenants. Haggling over the price is very common. So, to get the kind of tenants you want is something that needs a professional approach. There are loads of things that a property management company considers before finalizing the tenants for their client’s property, such as credit scores, identity proof, involvement in any legal hassle etc. Finding the best tenants is extremely important, as you cannot afford to have your property vacant every other day because of bad tenants.

Hiring the property management services is worth it, if you do not want to take the stress or lack money and time, needed for managing your property. Many people think that why they should pay their hard-earned money to a company just to collect rent from their tenants. Well, first of all it is important to understand that these companies do more than just collecting rents. Though there are a number of tasks performed by a property manager, but this article focuses on the three major areas where their services can be highly beneficial for you.

Availability – The main purpose of property management firms is to handle properties. These firms have years of experience in this business and are backed by a trained and qualified staff to ensure everything runs smoothly. The reason why you should hire their services is because of their experience and resources that you apparently may not possess. Besides, these companies are available round the clock to manage the properties of their clients. Even if you choose to handle your property on your own, you may not be able to focus on it all the time. So, apart from experience, this is another factor that gives professional services an edge. Property managers devote all their time in marketing your properties, screening the tenants, handling the maintenance, evicting bad tenants and also handling emergencies, quicker than you possibly can. Before actually deciding to handle your property on your own, you must consider the exact amount of time you would have to take out to focus on the various important areas of your property. For instance, finding good tenants is harder than you might think. But professional services do know where and how to market a property to get the desired outcome as fast as possible.

Finding tenants – Putting an advertisement for rental property and getting some responses is not difficult. The hard part is to decipher the responses to pick the best tenants. Haggling over the price is very common. So, to get the kind of tenants you want is something that needs a professional approach. There are loads of things that a property management company considers before finalizing the tenants for their client’s property, such as credit scores, identity proof, involvement in any legal hassle etc. Finding the best tenants is extremely important, as you cannot afford to have your property vacant every other day because of bad tenants.