Rahul gaikwad, Sunnyvale, CA - USA - 8th June 2018
Sometime yes sometime may not, Its depends upon the choice of the investor, perhaps few buyers are only interested in buying/selling property to earn capital returns & few buyers are solely investing the liquidity to acquire the asset for a longer time. Few buyers, encouraging themselves in a diplomatic way to buy Real Estate investment for using duel prospect (Investment cum End use).
Hence, there are three types of investors - Pure investor, End user & Investor cum End user, maybe more available.
Also, The arrival allocations there are three categories in the Indian Real Estate market by the developers are Class A, Class B & Class C, maybe more available.
Before implementing RERA into the Indian Real Estate market, Class B & Class C level of developers were not much focused on end product also the demand were same from the market by Pure investors. They earned decently, but not for longer as long, same time Class A category developers was fully focused on the end use product.
Considering case in a depth impacts, unorganized construction, inventory hike, delayed in the processioning the properties, product life chopped at each edge, etc. & indirectly started impacting on the market demand- supply. RERA, is not a rust its fuel to boost an engine implantation to tackle all the heights in transparency between consumer & product.
Consumer need to be understand the benefits of RERA, the Real Estate Act makes it mandatory for all commercial and residential Real Estate projects where the land is over 500 square meters, or eight apartments, to register with the Real Estate Regulatory Authority (RERA) for launching a project, in order to provide greater transparency in project-marketing and execution - Wikipedia.
Explaining, now it’s time to say see you after life to all of the Class B & Class C developers. Also Class A developers now focusing on their own projects was demanded low previously as well as busy doing ventures with the Class B & Class C developers projects & it's good to get it finished with the pending stuff so that we can embed with the purest products in future. However, the Indian Real Estate market is now at the stage of developing & graph to the growth level, therefor now it is the right time to invest liquidity in Indian Real Estate specially across metro cities to get better ROI's - same time finally for end users generation to enjoy final-polished product in hand.