Realty Market of Gurgaon: Leader in Housing Real Estate

Real Estate Gurgaon and Noida are probable to have the majority of absorption of the property in Delhi NCR property market. Reports say that rental charges are likely to increase in definite micro markets in second half during the year 2013, because demand-supply break of the quality office room is likely to increase due to supply constraints with selected precincts of Delhi NCR.

In addition, prices of the residential property, particularly in Gurgaon Properties, are probable to appreciate during the year 2013 that sequentially will attract additional buyers in the market. One more attractive trend observed during the last couple of years was the stock within range of around Rs 2,000 to 3,000 / sq ft was sold out quickly. In the year 2013, this array is expected to shift towards Rs 3,000 to 5,000 / sq ft with an increase in the inflation as well as construction costs.

Year 2012 completed with some positivity notes, as inflation was below RBI’s anticipated levels as well as the IIP (Index of Industrial Production) growth improved in the last few months in the year, providing new hopes in the year 2013. Gurgaon has continued to become a leader in housing real estate marketplace with registering upswing for capital values as well as project launches throughout the year. 2012 saw improvement in the demand more than 2011 for the residential properties within Gurgaon.

For cashing in on prevailing demands, the developers have launched projects primarily in high-end, mid-end, as well as luxury projects. As per the report from C&W (Cushman & Wakefield), total units launched within Gurgaon during the year 2012 was 22,219. Growth corridors including Dwarka Expressway (which is also identified as the Northern Peripheral Road), Golf Course Extension, and New Gurgaon in Sectors 81 to 95, registered bulk of launches. Amongst these locations, the Dwarka Expressway is having maximum number of housing project launches after that New Gurgaon with Sectors 81 to 95 as well as Sectors 78-79.

According to C&W report, during the year 2012, asset values have registered average gratitude of 24% compared to the year 2011. Highest gratitude in the asset values was with Dwarka Expressway, because of its tactical location — this is within close propinquity to Delhi as well as IGI Airport, with forthcoming business office spaces at Aerocity.

Capital values respected at the Golf Course Extension primarily because of sound construction program of the majority of properties in locations as well as no new major launches. The SPR (Southern Periphery Road) also registered steady gratitude in asset values during the year 2012, because of better demand in the residential projects started by top developers.

Sohna Road has registered consistent appreciation of about 20% because of healthy demands for existing as well as forthcoming housing projects. Whereas no new projects were launched during this year, the Golf Course Road has registered major appreciation, with a range of around 20 to 25%, because of the approaching infrastructural projects. 2013 may see developers concentrating on the delivery of apartments.

Mumbai: Rapid Growth in The Premium Real Estate Sector

The Island city, Financial capital of India and the Indian Hollywood are few of the names which are sobriquets for Mumbai. It has been reckoned by the investment and research firms all over the world that Mumbai is one of the most urbanized cities in Asia and has a huge potential for growth in all sectors of the economy.

Mumbai is the destination for dwellings of top notch entrepreneurs, film stars and politicians. This city has been flooded with the localities of commercial, industrial and residential assets since years during its evolution. However, over the last decade, the city has witnessed a quantum jump in the relocation of commercial and residential hubs and subsequently the redevelopment of areas which were already swanked by assets across the subsectors of construction. 

Owing to the relocation and redevelopment activities, the prospects of exponential returns in property transactions of this city have received a tremendous boost in the recent past. As reported by The Economic Times, Mumbai has realized four major high value transactions of properties over the last few months. Complementing the ongoing vigor of blue chip companies and their ‘C’ level executives, the Mumbai housing development authority has favored the construction of even taller high-rises, reviewed land-use policies and benefited the realty sector.

Malabar hill, Altamount Road, Mount Pleasant Road and other sea-facing locations have absorbed these high-end property deals in the year 2013. Malabar Hill in particular is known to house the dwellings of the wizards in the private sector. South Mumbai is the area which accommodates the residence of the governor, rest-houses and apartments of leading MNCs in the service and manufacturing sector.

The redevelopment efforts, enhanced civic-infrastructure and the favorable mixed land-use policies have been witnessed to be working for the development and expansion for the scope of real estate operations in the Island city. The growth and demands in Mumbai suburbs have also accentuated the worth and promising prospects of investments in the real estate sector of Mumbai.

Along with growth in the premium segment of properties, the developers are also observed to be developing comparatively affordable and compact residences. The commercial sector has also witnessed the growing preferences for smart building and sustainable solutions to be adopted by the developers in order to attract the aspirers of contemporary assets.

Mumbai, known as the city of dreams in India, has upheld the momentum of growth across the real estate subsectors. A recuperated interest of leading Indian developers, increase in the number of foreign investments and the growth potential in Mumbai suburbs, hold a promising future for real estate sector in this city.

The festive season with brand new homes!!

The Indian real estate sector has demonstrated a noteworthy resilience to the commotion in Indian economy over the recent past. During this period, the realty sector has also been steadfast on the way towards maturity and being constructively regulated. A recap of last few months vouches that the Indian realty has witnessed favorable reviews of policies by the central bank, regarding borrowings, novel prospects of investments and encouragement to FDI and NRI investors. Moving forward, the real estate sector is estimated to uphold the positivity and growth with the advent of festive season in the remaining period of 2013.

The developers are gearing up for further expansion and growth while the Diwali season is around the corner. The Diwali festival has been known for the joy and bliss that it brings along with it. It has been a customary practice to celebrate Diwali with substantial investments for asset creation, as the legend inspires positivity and hope for a brighter future. Diwali season is recognized to be an auspicious period that brings productivity along with it. As a result, the developers and property consultants encourage the home aspirers to be privileged by owning their dream asset during this time. This privilege is qualified with the discounts and festive offers that the realtors propose offer on under-construction and ready to move-in residential units. The offers include freebies like complimentary parking, discounts on per square foot prices and preferred locations of abodes with no extra charge, amongst many others.

Along with Diwali season knocking at doors, the latest RBI regulation that proposes to link the disbursal of loans with the completion stages of the projects is further expected to induce solidity in the realty market. This is the time when the home aspirers can safely invest in the realty market and own a suitable property for various objectives. The investment prospects have been bright due to the availability of cheaper land and built-up homes in the sprawling outgrowths of metro regions. Moreover, the ready to move in apartments in the mid-end segment are being developed in huge numbers. The good numbers of available homes and the festive discounts in the realty market have come at a promising juncture wherein the buyers are hopeful for better realty deals and the developers expect to receive increased demands from aspirers.

 

The growth and expansion in the Indian real estate sector has hovered around the deliberate efforts by the sector and the coincidental factors in the recent past. The leading developers have been introducing innovative realty solutions like integrated projects, serviced/studio apartments and green buildings. Subsequently the demand and preferential trends have also undergone a transformation and the quantum of demand for novel concepts of habitation has witnessed a considerable hike. Parallel to this innovative drive of assets, the currency exchange rate and the outreach of leading Indian realty brands have been successfully attracting FDI and NRI investments in the realty sector.

The next few months which are full of festivals (Diwali and Christmas), bring optimism for a reinvigorated growth for realty business for the year ahead. 

Ultimate destination for investment - Gurgaon

Gurgaon is the city which has been setting benchmarks in the real estate sector in the last few years. The city is set to have the tallest buildings along with the most wide roads and the five star rated malls along with the desirable and promising projects with features that have worldwide renounce. The city holds great potential for not only residential sector but also commercial hubs and hospitality and recreational segments. The city will soon flaunt the six lane highways that are set to smoothen connectivity up to an outstanding level. The city has provision of premium living in the apartments, flats and independent houses. Low density cluster living will be enjoyed by the residents residing in the Villas or penthouses. The residents in the city will be able to enjoy a cool dip in their gated swimming pools, stay fit with the in house gym facilities, sit and enjoy the breath taking views of the manicured and landscaped greens or play golf in the leafy avenues.

The property market of Gurgaon offers the best investment because of the high returns and secure environment which makes it a top real estate destination. Top players like DLF, Unitech, BPTP, IREO are the major developers that have come up with their commanding projects in this ultimate realty pinnacle. Most of these high end developers hire top-notch engineering firms to timely complete their projects like Shapoorji Pallonji, L&T etc and these constructions companies are themselves well-reputed in the market.

The locations that are considered the best to invest in Gurgaon and that offer the highest appreciation rates are Golf Course Road, Golf Course Extension Road and the surrounding areas with the newbies in the investment arena being the Dwarka Expressway and the Southern Peripheral Road. These areas are covered under the new master plan that calls for seamless metro connectivity, enhanced transportation, better infrastructure and a combination of a number of residential and commercial projects. Thus, the properties in Gurgaon are a favored buy this season. 

Growing demand for residential properties in the Silicon Valley

Bangalore also known as the Silicon Valley, because of its position as India's leading IT exporter is one of the fastest growing metropolitan cities in the country. The city has developed as a real estate giant in the last few years and with the increased settlements, the residential and commercial segment is prospering well in the city. Amongst the residential options, flats, row houses, villas, penthouses and bungalows are the most preferred options. A number of regions have emerged as hot spots in the last few years and some of these reputed localities are Whitefield, M.G. Road, Ulsoor, Indira Nagar, BTM Layout, HSR Layout and Malleshwaram. These are the top favorites of the investors, end users as well as the developers.

The investments in the IT sector have grown manifold, and Bangalore being the IT hub has reaped the most benefits out of it. Since the FDI policy was revised in the year 2005, the NRI segment was a major contributor to this boom. This largely impacted the real estate map in Bangalore and real estate started to change the look and the feel of the city. A large number of salaried buyers were witnessed purchasing property, according to the market trends and this helped developers to provide the kind of projects that the salaried buyers were looking for. The growth in the real estate sector is clearly visible as the commercial, residential and retail sectors are continuously scaling to new heights. New benchmarks have been noticed in the city for both rent and sale. The most apt indication of the growing real estate demand in the Bangalore city is the recent price trends that indicate appreciation in the prices of the residential apartments by 70% whereas in some of the hot locations the land prices have gone up by almost 100% which is a jaw dropping statistic.

If looking for residential property then one can choose from various segments of property that are divided into affordable housing for the salaried buyers, the premium housing  and luxury housing which targets the high income level group and the ultra luxurious housing units which specifically target the NRI's and the PIO's. 

Invest in flats in DLF Sky Court

Gurgaon is the second largest city of the state of Haryana. Established as the commercial hub of the region, it has undoubtedly come up as the most sought out place for real estate developers and investors.

Located in Sector 86 Gurgaon, DLF Sky Court is a new housing apartment project by the famous DLF Group. An amazing opportunity offered by DLF of residing with a choice of 3 BHK vaastu enabled houses of around 1850 sq ft available with the luxurious functions, excellent facilities and fine-looking features finishing the image of perfect urban residence. They are priced at 1.20 crore. These air-conditioned flats have been bathed with modern design and functions for the modern living seeking people. It is a part of the upcoming Northern Gurgaon. Far from the noise of the city, 

DLF Sky Court Sector 86 Gurgaon is situated at 135 M application area with close benefits to KMP Expressway, IMT Manesar, RIL SEZ, Sec.88 (Commercial Sector), NH – 8, Dwarka Expressway, City Store, ISBT, Haldirams, IT Hub, IGI Airport terminal in New Delhi, upcoming City Place and Culture Town Hotel. Apart from the top quality residing components described, luxurious facilities are also offered like kids play area, clubhouse, playground, twenty-four hours a day security and a lot more. Thus, investing in DLF Sky Court would prove to be highly beneficial and will give excellent profits later on.

The DLF Team has started working on its next growth steps in order to continue with its authority rank and position in the Indian market of real estate business. Apart from other projects and tasks, the DLF Sky Court is also eye-catching and all apartments are air conditioned. They can truly be named as one of the finest installments in the city of Gurgaon. It is already an important player in cities across the nation such as key places likes the metros and also in Gurgaon, DLF boasts of over six years of experience and is working hard on constructing up horizontal and vertical company ventures. These include growth of impressive company techniques, building up of professional sources and driving industry transmission with an ear-to-the-ground strategy that is flexible to local industry needs.

The DLF Sky Court is taking advantage of growing industry possibilities to provide high-end features and tasks to the wide platform of customers by regularly improving inner skills and source abilities. In accordance with current development plans, the DLF Team has over 289 thousand sq. ft. of growth across companies, such as designed and on-going tasks. Under the category of home, workplaces and shopping center sections, DLF is acknowledged with over 224 thousand sq. ft. of finished improvements, while tasks under development signify over 45 thousand sq. ft spread over the three verticals.

In the present era, if you are planning to invest your money in Gurgaon then DLF Sky Court is definitely the place to go for. It is going to be very advantageous and will bear sweet fruits at the end. Sometime later after investing you will be proud of your investment as it is going to earn at least double the profit. 

Top reasons why you should consider buying a property in Bangalore City

You have been planning to buy that property, but unable to make up your mind. The reasons mentioned below must be sufficient inspiration for the same.

One primary target of the home-buyer must be to buy the right property at the right time and the right price. While all the other commodities or assets including automobiles remain more or less, property is an entity that is positively dynamic at all times. Every nine out of ten properties are susceptible to appreciate in a short span of time.

Among the locations that are deemed hot for investment in the real estate sector are obviously the metros including Bangalore and the National Capital Region. With the region of Hyderabad and its vicinities in a cloud of political uncertainty, investors have been rushing forth to the city of Bangalore in the south for making the proverbial hay while the sun shines.

It is therefore the pristine time for making an investment in Bangalore city and its outskirts, particularly for those who are keen of settling in Bangalore. Those who own a residence can also make an investment in real estate.

One of the primary reasons for which people must make a swift decision on the buying of a property in Bangalore is that with the completion of the next phase of Namma Metro, there is going to be a sharp escalation in the real estate prices. Properties can still be bought after this time period, but there is going to drastic rise in the prices and greater demand for real estate space.

The banking sector is furiously competitive and therefore loans in the housing sector are up for grabs. In order to spruce up the housing and the real estate sector, there have been sufficient initiatives from the Reserve Bank of India to encourage investment in the housing segment. Further, there is fierce competition among the nationalized and the private banks to attract more number of applicants for housing loans. Therefore, loans can be availed much easily than before so that investors can be assured of a source for the capital.

An additional factor that people have to consider is the increase in the rentals over a limited time period.  People who have opted to rent comfortable homes are paying rents that are higher than the EMIs for the housing loans for a similar flat elsewhere. In order to avoid paying higher rentals, people must opt to own homes of their own.

This works out to provide them with the much needed tax rebate on their salaries and thus provide the additional benefits. It may also be noted that the rate of interest on the housing loans significantly cheaper than all the other loans.

Buying a house in Bangalore is no longer considered a fad. House is another usable or an investment media like an automobile.

Lastly and importantly, it must be noted that the value of the houses are only going to appreciate irrespective of the market conditions.

The above mentioned aspects must be sufficient reasons for people to make an investment on a suitable house.

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