Top real estate developer in Delhi NCR

  One of the leading real estate firms in Delhi/NCR, Migsun Group, has stated that it cracked sales of Rs. 200 crores between October 1, 2020, and November 12, 2020, the festival time. Migsun, even during the lockdown, has recorded remarkable effort of selling 500 units worth Rs. 252 crore between March 25 and June 3, 2020. The response has been appreciable particularly after the announcement of the unique festival offer ‘Possession Proof Homes’ where Migsun had offered an assured 1% penalty per month in case of slowed possession. Supporting this offer, the customers need to pay 10% now and the rest 90% on the request of possession. The offer is applicable on Migsun Roof, one of the best property in Rajnagar Extension, where possession will be soon, and Migsun Vilaasa, the best residential property in Greater Noida West, where possession is registered in December 2023. The group targets to deliver across 2,500 units of 2BHK apartments, 1,200 units of 3BHK flats & about 300 unit...

  The credit linked subsidy scheme has been favorably encouraging the first-time homebuyers and is providing much-needed support to the real estate sector. The demonetization, the beginning of GST, the RERA law and now the Covid-19 pandemic have made drastic changes in the various sectors. But now there, we can expect good news too — CLSS has been extended. To bring back the confidence in the real estate market, the Central government has taken some steps in the last six years. The RERA has been drawn to regulate and bring transparency in the sector. The government also took many steps to boost housing demand through the lower GST rate of one percent for affordable housing. CLSS is one of those initiatives and was launched in June 2015 to provide first-time homebuyers in the categories of Economically Weaker Class (EWS), Lower Income Group (LIG) and Middle Income Group (MIG) with interest subsidies of up to Rs 2.7 lakh. It has been a significant catalyst for creating demand for hou...

In recent years, the demand for ready to move in homes has increased because buyers have now become risk-averse since the contingencies involved in the completion of under-construction homes. Nevertheless, in times of Covid-19, homebuyers are more than ever showing an inclination towards the ready to move in property. 40% of respondents indicated their preference for ready to move property, in the latest 360 Realtors’ buyer sentiment survey, conveyed recently, while over 22% preferred resale ventures. Festivals perform an essential role for both buyers and developers. While buyers look for festive offers and schemes, developers try to maximize their sales during these auspicious times. Also, the current time is best to buy a property with home loan interest rates at an all-time low along with reduced stamp duty and developers providing flexibility to potential homebuyers by deferring payments due to the uncertainty of the pandemic. Coupled with limited-period government incentives lik...