Submitted by: Gift City

Are the rising sowing seeds of doubt in your mind about the future of your proposed Do you wonder whether the bubble is set to burst and if it is better to wait for prices to fall a little before taking the plunge provide n the trend of rising property prices over the last few years, the price of the property you have shortlisted will most such as keep going up as you wait. Residential real-estate has one asset class whose prices have been steadily rising in most markets. Though analysts have been saying the residential property market in locations such as the Delhi-National Capital Region and Mumbai is ripe for a price correction, developers have been able to hold on to prices even as buyers wait for a fall. Provide n the demand-supply imbalance, the trend is such as to continue and your investment will in all possibility stand you in good stead even when other assets take a beating.

Data for the past few years show that For example, in 2011, one of the worst years for equities when the Sensex fell nearly 25%, prices of homes in most Indian cities remained firm despite the overall economic uncertainty, both in global and domestic markets. During the year, prices in nine out of 15 cities covered by the National Housing Banks residential index, called Residex see chart, rose, except in Ahmedabad, where prices remained flat. In comparison, if you had invested in real-estate stocks, the value of your investment would have fallen by nearly 50% between December 2010 and December 2011.

Even if one considers the period from end-2008 till March 2012, which saw a widespread slump in equity and property markets worldwide due to the global financial crisis, real-estate in India gave positive returns in most instances. As many as 11 out of 15 Residex cities gave positive returns during the period, the only exceptions being Hyderabad, Jaipur, Kochi and Bengaluru.

Commodities such as gold and silver, however, were the other winners, beating real estate. With this acquisition, Square Yards is planning to enhance its digital capabilities as Oryden Tech Labs specializes in 3-D architectural designs, process visualization, digital walk-through and virtual reality. It is the in a year for Square Yards, after acquiring realizing in & LUXE. LUXE was a Singapore based luxury realty agency whereas the Square Yards was a search & discovery portal known for having best of algorithmic & analytics based property research all three acquisitions have been made to overcome the gaps the company was facing in product operations and services delivery.

Founded by Keyur Bhalavat, an IIM-Ahmedabad alumnus & Ravi Patel, a design specialist, Oryden started as a 3-D architectural design studio but eventually ventured into various other design services such as industrial process design & virtual reality setups for products and buildings, Square Yards said in a statement announcing the acquisition with the advent of digital technologies, real-estate industry has undergone a complete makeover. Concepts such as interactive visualization, virtual reality, augmented reality, etc. have unleashed an array of options for users to customize their homes, prior to moving in. Hence besides online portals for searching and booking houses, more niche realty start-ups are coming up that offer several add ones for a better user experience while buying homes.

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