The Bhutani Group started by acquiring a number of properties in various Indian cities like Darjeeling and Jaipur in 1974. The company today possesses more than 150 REALTOR Associations all across India. They deal in all aspects of real estate and also specialize in helping the people get into a proper business in real estate in India or abroad. All the properties that have been acquired around the globe have been sold out for reasonable prices.
In addition, this exclusive group of realtors offers its services for all those who are willing to buy or invest in property in India or abroad.
● Real estate business
The real estate business is an extensive field of its own. It not only deals with residential properties but also encompasses commercial real estate. The companies make their profits from the rental returns on the properties they manage. It has been proven time and again that investing in the real estate market of any country is a wise decision, provided that you know how to handle the deals properly.
● Property in India
Property in India has become increasingly expensive in recent years due to the prevailing recession in the economy. However, the Bhutani Group feels that the real estate market in India is still at an early stage of development, which is expected to peak during the next decade. Some other real estate companies have already started dealing in real estate in India, and there is no dearth of projects. Even if you are interested in putting up a new business in India, you can choose among the real estate projects that are being put up by the Bhutani Group.
● Real estate market
If you are planning to enter the real estate market, you need to find out as much as possible about the market. This is the only way to avoid making mistakes and end up paying the price for your ignorance. By researching the real estate market in India before you put up a business there, you will be in a better position to know what you are looking for and where to find it. You can start by getting in touch with the developers, who will be able to guide you well.
One of the most important tips given by the real estate developers is that they should never try to impose their own vision on the customers. The developers often take into consideration the local custom and architecture when developing the projects. However, it does not mean that the developer can insist that his ideas must be followed strictly. You must discuss the matter with the customer and ensure that the real estate developer uses the local custom and architecture in the project.
It is important to talk about the return on investment (ROI) during the discussions with the customers. Bhutani real estate projects are known to have low ROIs, which is the main reason behind their high popularity among developers. But a lot of time and money is spent on making the project look beautiful and appealing, so that the prospective buyers are convinced to purchase it. Thus, if you are planning to buy a property, then you should ensure that you are getting your money’s worth. You should also check out the interest rates offered on the properties that are comparable to yours.
You should also check out if there are any legal complications related to the property. If there are legal issues, then you may end up losing your hard earned money. For instance, if there are problems related to the structural soundness of the building, then there is a possibility that the construction may collapse on your head.
Similarly, if there are any defects in the property, then you may have to bear with major expenses in the form of repair charges. So, it is very important to consider the entire picture before buying a real estate property in Bhutani.
Many real estate investors who are new to this field opt for self research before investing in any property. They should always carry out a detailed research about the market and the potential property. Most of the investors buy properties at reduced prices and sell them off at high rates when the market is in a boom.
This strategy works well in case of regular installments, repayment plan, or flexible financing terms. These are some of the most important factors that can help you gain maximum profit from Bhutani real estate market.
