Brighter Outlooks On Modern Living Spaces

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span                            – such as the Beetham Tower which
class="cap">Manches     is the tallest building in the
ter property has been the       whole city. Good developments are
ost transformed British city that     also happening in inner suburbs
would see a major redevelopment       such as Old Trafford, Central
in recent years. It has a much        Salford, Ardwick, and
higher profile compared to            Ancoats.

Birmingham, Liverpool, and Leeds

Some might think that property
even if they have built many          market has already slowed, and
flats to reinvent themselves.         developments will come to a halt.
There are many factors that can       But those who deal with the
contribute to this – the 1990s        day-to-day market do not believe
Olympic bids and the success of       so.

the Commonwealth Games of 2002

According to Irene Thomas, the
have raised Manchester’s              operations manager of Auction
international profile. Also, the      Finance, the rental market in
redevelopment of Salford Quays        Manchester is still good due to
area has enticed several BBC          the rise of buy-to-let investors.
departments to relocate to. In        The same idea has also been said
short, the city has not been out      by Tom Rogers, who is a
of the news and it has generated      consultant of residential
an enhanced image.

investments in the area.

Ever since the start of the

Based on these expert
early 1990s, the city has already     opinions, it would look like
gone from just a few hundreds         further developments are still
that are living in the centre, to     continuing to be optimistic than
as many as thousands that are         some can imagine. The fact that
living in new apartments –            there are 100,000 students in the
whether in converted old              area would mean that the
buildings or in striking new ones     buy-to-let market would make

sense for investors since they        has already shifted to peripheral
can already cover their mortgage      areas. However, this has only
through the student’s rent. The       been true to real estate
market will also receive a boost      developers and not from the end
from parents that wants to buy a      users themselves.

flat for their children.

According to a Narvik Nirman

Jaipur is both a hi-tech and a     employee Vivek Jain, there are a
heritage city. As such, its real      lot of developers launching
estate market was always              township projects but the one
attracting end users as well as       making speculative investments
investors. The majority of buyers     are mainly investors rather than
are the middle to upper middle        the end user. Peripheral areas
classes, and in the last three        usually lack infrastructure
years, residential values have        facilities and connectivity. For
escalated three times                 the middle income group, it is
already.

very difficult to choose between

A significant trend in the         the periphery and the city
residential market of Jaipur is       because they cannot afford a car
the fact that people are now          to travel long distances like the
moving up from villas to              upper income
apartments, maybe primarily           group.

because of security or safety. In     About the
fact, Jaipur Development              AuthorAuthority said that two to three      id="authorbio"
years back, the thrust was in         class="membersnoticewhite">Jon
plotted development, but now          Caldwell is a professional
there is an apartment craze going     content manager. Much of his
on.

articles can be found at

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