The professionals as dealers and specialists for the deal, is the buzz word "India shining" a political slogan did not add any shine to the political party which coined it. Shine or no shine, but everyone is interested to know whether market is or is not booming, particularly the real estate market!
With FDI investment, BPO and other call centers mushrooming, the overall boom in real estate is welcome. Corporate property and office space in India were never so much in demand as they are today. In spite of huge money raised from public issues by construction companies and FDI the demand is ever growing and the supply is still slacking.
Value of commercial real estate, both small size and for big ones like malls, Corporate Buildings is skyrocketing, Gurgaon real estate is a good example of same. The money transacted for real estate is in no small figure. Owner of residential property howsoever small are no less than double-digit lakhpatis (the hundred thousannaires, if we can call them). The renovation and upgradation of residential properties and offices is high capital intensive affair.
The changed scenario of dealing in real estate has changed the way the business is conducted. No longer are the dealers dealing like dalals, the commission agents. They choose to call themselves "professionals".
Many new and fancy nomenclatures are used to describe them. But the question is whether they have only changed the name or have acquired new ways in conducting their business too. There is no clear yes or no for an answer. But it is true that the business of dealing atleast in corporate real estate India has changed. Now you can see all about properties, commissions, looks of the property and much more on the web, on property portals. Yes, real estate transactions are e-enabled.
Again, if you see a signboard or advertisement when you’re looking for property transaction, first read the profile little more carefully. Why because, if the nature of your property is different from the one in which that dealers deal with then you are surely at the wrong place.
They are specializing in property transactions and do not indulge in every kind of property. Even your distant or near relative who happens to be a property dealer will not be able to help you in every property transaction!
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