Sidd Mahajan Investments in the Elizabeth Line

London today has launched the biggest extension of its public transport system this century. Dubbed the Elizabeth Line—and launched to coincide with celebrations of Queen Elizabeth II’s 70th year on the throne—the long-awaited £18.9 billion link is much more than just a new railway line.  Sidd Mahajan, through his many years of experience and knowledge had the vision and pre-empted the market changing along this area; he was quick to make moves accordingly. Today, Tulip Real Estate has properties on the Elizabeth Line at Ilford, Seven King, Goodmayes, Chadwell, Heath, Stratford, Forest Gate, Canary Wharf, Reading, which they have been buying since 2013.



The huge Olympic regeneration of London and Stratford, in particular, brought about a monumental boost to property prices and today, the London Borough of Newham remains one of the best performing pockets of the London market as a result.  Tulip Real Estate London received an overpowering response during the 2012 Olympics and the company hasn’t looked back since then. After a very successful stint in the first year of business, the company acquired 23 additional apartments on lease by May 2013. Furthermore, the Tulip Team expanded by bringing onboard administration executives and cleaners to provide great services to all the tenants. 


According to reports, since London hosted the 2012 Summer Olympics, house prices across the capital have climbed by 5.6% a year on average and by a total of 61% since August 2012. In general, house prices in the East London postal districts closest to the main Olympic site have performed relatively well since London was awarded the 2012 Olympics in 2005. This partly reflects greater interest in these locations from both buyers and investors emanating from the award of the Games and the large-scale regeneration taking place there, including improved transport links. Sidd Mahajan, with his expertise knew that Stratford’s homes boost will show no signs of slowing; even today, with both new-build and traditional homes are benefitting from massive investment in transport and infrastructure upgrades since the Olympic games.


Read More


Comments

Popular posts from this blog

Can All Nationalities, Including Those on Tourist Only Visas, Purchase Residential Real Estate in the United Kingdom?

What's the Best Way to Start Investing in Real Estate with Little or No Cash in the United Kingdom?

Exploring Probate Auctions for Property Sales in the UK