Bhopal development authority has created a
cue of sorts during Diwali 2017 when it sold more than 100 crore worth of
residential units. During the period of recession when the real estate prices
are dropping all over the country, the sales come as a fresh whiff of air for
the builders in Bhopal. The rising
demand indicates that more and more people from the middle income category are
buying new homes to escape from the sky high rentals prevalent in the city.
Plots and
apartments:
Numerous plots are being booked by the
residents in the Saket Nagar area which is located in close vicinity to the All
India medical science institute constructed in the city. In addition,
registration of the 136 properties is conducted during the festive atmosphere.
It has proved to be a shot in the arm for the beleaguered Bhopal Real estate industry. With increased bookings, people might
get lots of employment in the construction sector. Private builders will
definitely benefit from such sales as the demand of housing is surging with a
renewed vigor.
Response to
Bhopal development authority project:
BDA
has launched numerous schemes in the city that has become popular among the
customers due to the cost of the housing unit and the affordability. Phase 2 of
the project in the Misrod area of the town has garnered tremendous response as
people are indulged in mass booking. Private builders in Bhopal were grappling
with an unsold inventory of 12,000 under construction units apart from 3500
readymade houses.
Luxury and
comfort:
One of
the most important aspects of the project is that it is a symbol of luxury and
comfort. The residential unit is spacious and comfortable for the customers.
With plenty of space in the sitting room and kitchen, people can relax and
enjoy the lifestyle away from the pollution free environment. In addition, the
announcement of the construction of smart city in Bhopal, the real estate
prices are going to rise further in the future.
Numerous apartments with panoramic view of
the city are being constructed with state of art technology. What more, they
also offer range of amenities to the users. Round the clock water supply and
power back up are some of the major features that have gone on a long way to
deliver sterling results to the users.Bhopal,
development authority has focused on providing high quality flats to the customers
but they do not have to break the bank in order to get the possession. Even if
you are looking to buy retail space in the city, it can be a profitable
investment for the future. Development of infrastructure and massive
construction has propelled the prices of the Property in Bhopal. When you are buying the apartment from the BDA, make
sure that it is located close to the hospital and schools.
Families buying residential
units in the project do not have to commute long distances to work study or get
medical access. Presence of AIIMS, has helped people to obtain affordable
medical help, therefore they are flocking to numerous areas such as Hoshangabad
to settle down and enjoy the life of peace and tranquility.
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