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Often, you would have come across the terms- the genuine demand and the artificial demand- with respect to the price rise in the real estate sector. For a layman both these terms are demands but for the people who distinguish the real demand from the speculative demand, these terms have different connotations. And, due to these different connotations, there are altogether different impacts on the economy of the country. The genuine demand, in basic terminology, refers to the demand coming directly from the consumers of the real estate products such as the Ansal Crown Heights Faridabad apartments or the flats. These consumers are the ones who actually have to use these spaces for their living or working purposes and do not harbour the intention to sell these after booking the profits. The artificial demand is the demand created by those segments of population who are rich and would like to invest money in these units for booking the profits later on. They do not have to use these for their own requirements but want to earn profits on the money invested. It is this artificial demand which is held to be responsible for increasing the prices of the projects in no time. This is not held to be good for the economy because by increase in the price of the project units, these are put out of reach of the people who actually need it, thus defeating the very purpose of affordable units sought to be developed by the private players on the encouragement and facilitation of the government. This is the basic problem faced by the economy at large that the people for whom the units are sought to be developed are again left wanton since the investors pump in their money and raise the demand levels artificially. Further, the investors have no intention of retaining their units till the time these are developed and are ready for possession. For the builders, this type of investment is generally good since the units do get booked and they can show to the customers that the project is popular as the units are being sold out fast. The increasing interest of the financiers in their project points to the high demand and the builders can conveniently raise the prices of their stock which also is a boost to the investors since they can also charge high quoting the society rates. However, there are also situations when the investors might want to pull out their investments from the units and might resort to selling below the quoted rates of the society for doing the same. This crashes the prices of the units and the builders develop a bad public image about their projects. So, the builders like the Ansal Crown Heights have to tread carefully and they prefer that a large proportion of their investment comes from the actual buyers. Kamal bhatt is writer who frequently writes about neharpar property like Ansal crown heights faridabad, Ansal crown heights & Ansal crown heights price list.
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