Anil Sharma CMD Amrapali Group Persuasion On Downward Trend Of Property Price

amrapali gropThe Indian realty is in a downward spiral. Since last one year or so, it has been in a state of dormancy, stagnant, barely showing any signs of growth. This is intensified by the fluctuating global economy and financial jeopardy. The developers have been holding on to a large number of inventories, hoping for the market to revive. The resurgence, however, is tenebrous. The economy is not stableenough to have investments pouring in.

But just like every coin has two sides, there is an upside to the prevailing scenario. At a phase where the developers are having a tough time making profits, this time can be well utilized by the buyers to their advantage. Amrapali group, which is a pioneer in providing luxury residential apartments at affordable prices, has the largest number of such visionary projects to its credit. The group’s objective is not to earn exorbitant profits, but to provide the people an elevated standard of living.

Purchasing a property when the market is lying low comes with a multitude of benefits. The biggest one among them is the reduced prices that the developers offer in order to reduce the number of inventories at their end. You could top it up with additional benefits like furnished goods or bargain for other allowances. One of the reasons why customers are wary of buying when the market isn’t flourishing is because of a fear of going against the trend. Normally, people tend to buy property when the market is growing as they prefer going with the drift and end up paying more.

This behavior is backed by the fear of prices depreciating further if they purchase while the market is slow. No one wants to purchase a house at ` 20 lacs, only to see the prices dropping to ` 19 lacs the next month. It is difficult to predict if the market has already hit the bottom.  This requires a long term view to counter.

If you invest in a property with a long term view, it is certain that it will give you good returns in the end. Also, from a relative viewpoint, while buying a property in a slogging scenario, you pay lesser price for it than any other customer who had to spend more than you for the similar unit.These factors make buying in current scenario a sensible decision.

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About The Author

Amrapali Group

The new wave of development in India that came with the beginning of the new millennium unleashed the latent entrepreneurial energy in different enterprises including construction. Amrapali Group, started off nearly 10 years ago by its Chairman & Managing Director Dr. Anil Kumar Sharma, a proud IIT alumnus, rose to the leading ranks in the real estate domain in a short span of time. Today, enjoying pan-India presence, the Group has delivered over 25 world-class projects and is developing more than 50 projects comprising residential, commercial, and IT Parks. Amrapali’s projects delineate the skyline of Noida, satellite city of Delhi, besides various others cities from Kochi to Ranchi and endorsed by M.S. Dhoni as the brand ambassador. Consolidating on its success, Amrapali Group has impressively expanded its foray, establishing massive footprints in hospitality, healthcare, education, entertainment, and FMCG manufacturin

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  • Manisha

    it’s really very great news for home buyers like who was waiting for this day.

  • aman khurana

    It’s really very great news thanks to Modi Sarkar

  • Nikhil Agnihotri

    Yes it’s the other very great news by Modi Government they had really proved for acchhe din for us.

  • Rahul Mukhrjee

    it’s really a great time to invest for properties & i would surely like to invest with Amrapali Group because your group really provide the beautiful luxurious home at affordable price.

  • Namit

    It’s true well said really it’s great time for buyers & i’ll surely like to invest with Amrapali Group they are one of the finest builders.

  • Nidhi Mehta

    it’s great time for buyers & we all need to utilize it.

  • Nikhil Chaturvedi

    Like other buyers i too was waiting for this day desperately. May be it is not good for real estate sector but i’m happy for buyers like me who was waiting for this day finally now i can buy my dream home.

  • Roshan Khurana

    it’s golden time for buyers & we should thanks Modi Sarkar for this special gift & i would suggest every buyer to invest for homes or commercial properties.

  • Shikha Malhotra

    It’s a pleasure to have a such a outstanding review by a reputed entrepreneur Mr. Anil Sharma in favor of buyers.

  • Sidhant Pathak

    This is the time which is not only favorable for buyers but builders also so this repo rate will bring a great change in real estate sector. So thanks to SBI for this because from long time the buyers as well the builder both were waiting for this day only.

  • sunny gill

    Now a days actually purchasing a correct property becomes difficult but after knowing about the Amarpali’s project I have no confusion about property. So now I can invest my money with this reliable company.

  • vinayak swami

    Its true whenever it comes to buy an apartment we always wait when the market price will lying down. But Amarpali is not only focusing about their profit they also provide their clients a standard of living.

  • Manvendra Khippal

    Nobody wants to buy a house on a high rate even after knowing that the price will get down. So the Amarpali is absolutly the correct option to invest on because now my trust on Amarpali has become stronger now that they never let down their clients in terms of price and quality.

  • Ankesh kumar

    I really like the projects of Amarpali Group. They are really impressive specially there apartments which has all the necessary things around like Hospitals, Hotels, Airport etc. I am really happy to get connected with this group.