The real estate market plays a significant role in politics and with elections on the card, the money is being put up in the political arena and buyers on their part are wary about the scales of power coming to a balance.
New Delhi (28 April, 2014): India is geared up with General elections 2014 when the fate of the nation will be decided by the electorate that expects a lot of changes to happen in the nation. A subset of this electorate is also eagerly for the markets to settle down and subside allowing them to make their moves into real estate projects in Gurgaon that are already in a sweet pricing point which is not just lucrative but also very balanced in terms of cost and options available.
The flow of money pre and post election
The real estate market plays a significant role in politics and with elections on the card, the money is being put up in the political arena and buyers on their part are wary about the scales of power coming to a balance. Needless to say that buyer will look forward to the policies proposed by the government in power. Particularly those relating to economy and employment will be crucial as always. With manifestos of all major parties on the table now, the electorate has made up its mind as to the future government in centre. All that remains to be seen is how things play out for Real Estate Projects in Gurgaon and throughout NCR for that matter.
But one must be aware of a few things before making any forecasts about realty in India. The economy is contracting. Overall economic activity is slow, with growth estimated at 4.9% in 2013-2014; industrial output and manufacturing in India are currently in a stagnant mode in terms of growth. All of that adds up to create a unique situation in which real estate buyers found themselves in. By the time elections come to an end, the fog of uncertainty will be dispelled completely.
Pareena Infrastructure has been in the real estate and construction scene for nearly two decades and is a zero-debt company founded on the simple yet profound principles of "Innovation, Integrity, Quality and Sustainability".
Over the years, the company has repeatedly showcased developments that reflect engineering and design excellence, state-of-the-art technology, uncompromising business ethics, and transparency in all spheres of business conduct.
Starting off as a contracting company, Pareena has built its reputation and a loyal customer base through numerous projects, both commercial and retail, in the Delhi and NCR region as well as states like Haryana, Punjab and Rajasthan. Its portfolio of projects has a variety of structures ranging from housing projects, cooperative societies, malls, retail offices etc. In each, Pareena has displayed its longstanding commitment to build quality spaces which display thoughtfulness towards design and execution. It's a commitment that Pareena is proud of and one that has earned the respect of its customers.
The company is now focused on leveraging its unbeatable combination of skill, knowledge and experience to build unique residential projects that create a different living experience.