India would see a new phenomenon of mass migration of rural population as well as young people living in Tier2 or Tier 3 cities to Metro or capital cities as employment options in villages or suburban areas have dried up.
As a result, property prices in these major cities or state capitals would witness a manifold increase in prices.
As most middle-class people won’t be able to afford to buy independent houses, a trend of buying condos or studio apartments would pick up the pace in near future.
Another segment of people who are aged and are left lonely in their retirement age would love to stay in this kind of studio apartments or Hotel suites because of multiple reasons and primarily for security reasons.
This segment is fast growing as more and more young people are either leaving the country or their Hometowns because of Employment challenges or for better future prospects. As a result, parents are left behind to opt for a more secure and lively neighborhood, where they can save themselves from not only boredom but also can feel safe and close to some emergency or medical care, whenever they may need it.
We at Realtyhaat offer such solutions as Hotel Suites, Studio Apartments, Working Hostel, paying Guest facilities, Old Age Homes, etc. at affordable prices near Chandigarh,
Do Contact us for the Sale or Purchase of any kind of Property.
For detailed comparison of rental income, please watch following video.
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