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  • Covid -19: Effect on Real Estate Sector – Axis Lakecityplaza

    Covid -19: Effect on Real Estate Sector – Axis Lakecityplaza

    As we all know the outbreak of COVIDI9 in Wuhan and the recent spread in almost all countries have impacted the entire industries and business sentiment. In India, all industries shut down for time being during the lockdown and affected by this pandemic diseases.

    As we know that Real estate is an emotion-based sector and in the past few days overall the market is fluctuating in high frequency. Those who are having a habit of investing in a stock market has switched its portfolio towards real estate. as they feel some restriction as freedom because mostly investor needs to allow someone else to manage and control of their fund and this situation may create some demand for Real estate properties (residential or commercial) and maybe a good option for buyers of commercial property to invest in real estate residential and commercial properties.

    This is well known that a stock pays dividends but a commercial real estate that has managed with rental support can give better & stable revenue in the form of rental Incomes. Rented property profits normally remain greater than dividend yields.

    The Real Estate Regulation and Development (RERA) Act 2016, provides for a 1-year extension in project execution timelines. In case of events beyond the promoter’s control so regulatory risks may be reduced in case of short-term disruption.

    Real estate sectors request from the Indian government to survive the lockdown, these are-

    – Asking for tax benefit under the Income-tax act

    -Reduce GST and waive off

    -Reduce stamp duty for a temporary period

    -RBI should provide banks relaxation in bad-debt norms for a few months

    -One-time restructuring of stressed developers loans

    -Direct banks to lend more to NBFC

    Here we listed some opportunity given by real estate to developer due to COVID19-

    1. The Possibility of NRI Will come back to India is high and probably they will invest in real estate to utilize savings.

    2. People will approach this option of easing where Axis Blues (Real Estate developer in Goa) offers the best suitable project as individuals feel more Security in regular and passive income.

    3. Share market fluctuations affected much business so investing in real estate may bring investors into real investment.

    4. Real estate experts are saying that there are some good deals available in the market and the scope for negotiations is high so buyers can approach these deals.

    5. The fall down of Indian rupees against the US dollar is a factor of considerable interest for NRIs considering Indian real estate as the most sensible investment option.

    And many more positive aspects can be placed. So we can say that this pandemic may give proactive opportunities to buyers of commercial property and sellers.

    Axis-eCorp is the leading Real Estate developer in Goa offers high standards Resort living with world-class residential and commercial real estate properties and hospitality to their customers.

    It would be unfair to predict much more on the Corona virus’s impact on the Real estate until the Indian government announced for lifting lockdown and take any economic action on this sector.

    Source by – Axisecorp.com

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  • Axis Lake City Plaza Offer Commercial Properties for Shop, food court, retail space. Buy/Sale/Rent/Lease

    North of Goa, Dodamarg, Sindhudurg

    Why invest in Axis Lake City Plaza?

    Axis Lake City Plaza located in the north of Goa is the place to be. It is the destination of future. The location of this place, makes it ideal for any personal looking to invest in commercial space of Goa. It is well connected with other localities. Axis Lake City Plaza will feature retail shops and a food court. The ground plus one floor structure is being designed to keep the generation of today in mind.

    There is spacious parking to offer convenient parking to all patrons dropping by. The nearby townships including the other projects ofAxis Ecorp will help ensure that is steady footfalls in this area. It offers all the amenities that the business of day requires to make their business click.

    AMENITIES

    • Verified Tiles Flooring
    • Glass Finish Railing
    • Compatible Power Connections
    • Air Condition Units
    • Adjoining to Axis Blues
    • Main Entrance from 15 Meter Wide Road
    • Common Area Maintenance Service
    • Power Back-up
    • CCTV Security
    • RCC Structure
    • Ultra-modern Building Façade
    • Parking Facility

    LOCATION ADVANTAGES

    CONNECTIVITY

    Axis Lake City Plaza is centrally connected to four major airports. The nearest one is the MOPA Goa International Airport (which is likely to be operational by 2022) and is just 18kms away. Not just by air, this location is well connected via rail lines and national highways.

    You can also board a cruise from Mumbai to Goa as the seaport is less than 40KMs from the site. The project also features an onsite private helipad facility so you can fly to your dream home whenever you please.

    Axis Lake City Plaza STARTING PRICE – INR 43,00000*

    Axis Lake City Plaza Services – Axis Ecorp commercial Shop, lakecity plaza goa, lake city plaza mall goa, Lake City Plaza Goa, lakecity plaza price, food court space in goa, commercial Shop Dodamarg, Commercial Property for Sale in Goa, Commercial space in goa, Commercial Properties for Sale in Goa, retail shops in goa, commercial Shop in Goa, commercial Shop Sindhudurg, buyers of commercial property, commercial property buyers, commercial shop for rent, commercial property for lease, Street shopping in North Goa, retail space for rent, shop on rent in goa, Shops for Rent in North Goa, Space for food court, Commercial space Rent for plaza, invest in commercial real estate, small shop for rent in goa, shops for rent goa, Commercial Property for Rent in Goa, food court space for rent, shop for rent in north goa, commercial space for rent, Shopping market in Goa, Shop for rent Near me,

    Axis Ecorp Contact Details

    • Address – 305, Gera Imperium Grand. Patto Plaza, Panaji, Goa 403001 (INDIA)
    • Phone – +91807-000-4400         Mail – info@axisecorp.com
    • Timing Monday to Saturday  7:00am – 7:00pm

    Social Media

    Source by – https://axisecorp.com/lakecityplaza

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