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Flats/Apartments in Gurgaon
Posted On 08/08/2008 05:11:15

Flats in Gurgaon is the most sought after housing solution, since they offer varieties in style, living standard and, of course, prices. The wide array of flats and apartments in Gurgaon make it possible for every category of home seekers to seek affordable accommodations. The city has shown an amazing rate of property growth over the past few years and the escalating growth rate do not seem to die down in another couple of years. This is because of the many upcoming housing projects by leading builders in Gurgaon, which are expected to increase the number of available flats/apartments by 10,000 in luxury segment over the next few years.

 

Thus, for real estate investors, Gurgaon real estate continues to be a heaven, the value of which is likely to appreciate at a rate of 10 to 15 percent per year for the next couple of years. The major players in the realm of building construction and township planning remains DLF, Emaar MGF, Unitech, Ambience, Parsvnath, Vatika limited and Tata Housing who are coming up with plans of several high end apartments in areas like Sohna Road, Golf Course Road, Central Park 2 etc. These housing units are being developed to target the premium category of home buyers and hence, are expensively priced.

 

Although it costs too much to own a flat in Gurgaon, the features incorporated in it will ensure a truly lavish lifestyle and make you its proud owner. Options of 4-5 bedrooms, beautiful landscape, central air-conditioning, private escalators, spas, gyms, swimming pools, play grounds, golf course, security cameras etc are some of features that will certainly give your dwelling place a unique status. Moreover, the high rate of appreciation as well as high rental value give you an opportunity to secure financial gains for future.

 

Some of the major upcoming residential projects for flats and apartments in Gurgaon include Belaire by DLF, Palm Spring by Emaar MGF and Exotica by Parsvnath. Such luxury apartments with lavish specifications will cost you anything between 1.5 to 4 crore. Besides, for middle class segment, flats under the projects “New Town Heights” by DLF and “Vatika India Next” by Vatika limited offer world class dwelling experience at moderate prices. With the increasing number of flats in Gurgaon, it is also possible to rent a flat at reasonable rate.

 

Browse through the site www.zameen-zaidad.com  to know more about flats/apartments for sale and for rent in Gurgaon. 

Tags: Property In IndiaReal Estate Project In India


Office space in Gurgaon
Posted On 08/07/2008 06:49:41

OSG currently offers over 1.5 million square foot of office space in gurgaon for rent and over 2.0 million square foot of office space for sale in gurgaon.Current availability includes office unit sizes starting from 1000 square foot office space to up to 200,000 square foot in a single unit spread over multiple floors in a single A class multistory building.

 

Please contact us for your commercial real estate requirements using the form visit website www.zameen-zaidad.com  and we will get back to you with the most suitable options for you within 1 business day including a proposal, office photographs, sitemap, location details, floor plans and all relevant details that you want to know before investing into the property.

 

So all type commercial and residential flats are also available 2 BHK and 3 BHK flats are available in this town. Any further information visit website zameen-zaidad.

2 BHK flat in gurgaon. And 3 BHK flat in gurgaon.

Tags: Property In IndiaReal Estate Project In India


ESSAR REALTY WINS BID FOR RS 500-CRORE NAGPUR HOTEL PROJECT
Posted On 08/07/2008 02:36:13

ESSAR Realty Holdings—the real estate arm of the Essar group—has won the bid for building a Rs 500-crore five-star hotel, utility centre and a multiplex at the upcoming Multimodal International Hub Airport in Nagpur.

  

The realty firm has also formed a joint venture with the US-based hospitality group Accor Hospitality to develop and manage the hotel project.

  

A few months back, the Maharashtra Airport Development Company (MADC), the nodal agency for developing the air cargo hub in Nagpur, had invited bids for the hotel cum conventional hall project. Essar Realty bid for the project through its subsidiary company Yojna Realties. G L Raheja group promoted Raheja Constructions was the immediate bidder for the project.

  

Essar Realty's managing director Chirag Ramakrishna said "The MADC deal would reinforce our long-term commitment to the realty business as we continue to look at more opportunities in the realty sector."

  

The five-star hotel would be developed in a 10-acre area adjacent to the National Highway VII on the Nagpur-Wardha road. The hotel would have a capacity to house 1,000 people. It would also have a service apartment to cater to the needs of executives who stay on for long tenures. MADC's project is the second largest property deal struck by Essar Realty during the past six months. Earlier, the firm had acquired Peninsula Land's (PLL) Kurla commercial project for close to Rs 1,200 crore.

Peninsula Land sold approximately 9 lakh sq ft of commercial space to Essar Realty Holdings at its upcoming Peninsula Tech Park project. The proposed Nagpur airport project with an investment of Rs 3,000 crore is to be completed in four years, adding a new dimension to India's capability of handling air cargo.

 

 

Courtesy: - ET dtd: - 04th Aug. 2008

Tags: Property In IndiaReal Estate Project In India


HDFC PROPERTY VENTURES TO PICK 25% IN NITESH MALL
Posted On 08/06/2008 02:33:33

HDFC Property Ventures Ltd is investing $20-25 million into South India's largest central business district (CBD) mall developed by Nitesh Estates in Bangalore. The move probably marks the $900-million HDFC Property Ventures' foray into retail infrastructure in a rather tight-market environment, sources said.

  

HDFC Property Ventures will pick up around 20-25% stake in the 6-lakh sq ft Nitesh Mall, which is being designed by Seattle-based Callison. Nitesh Mall, which is the Bangalore-headquartered real estate firm's first retail play, is estimated to be a Rs 300 crore project.

  

The Nitesh Mall will come up on a 5.5 acre patch located in proximity to hotel Leela Palace, off the Indiranagar 100-ft road that is considered one of Bangalore's high street retail hubs, with most big brands operating their flagship stores there. When contacted Nitesh Estates' director, development, LS Vaidyanathan declined to comment on the deal. HDFC Property Ventures CEO KG Krishnamurthy could not be contacted immediately.

  

The development comes at a time when private equity funds are believed to be staying away from real estate/retail investments on account of the weakening consumer sentiments and an economic slowdown. HDFC Property Ventures is Nitesh Estates' third PE partner. Last year, the firm attracted investments from New-York based Och Ziff Capital and Citigroup Property Investors, with the latter co-developing the Ritz-Carlton hotel in Bangalore with Nitesh.

  

Nitesh Estates had earlier announced that it has identified property in southern cities of Chennai, Thiruvananthapuram and Kochi for similar retails initiatives. Construction of the mall in Bangalore is expected to be completed by the end of 2009 with the project planned for luxury brands apart from a large format retailer as the anchor client.

 

               &nb sp;                         &nb sp;                 Courtesy: ET dtd 04-08-08 

Tags: Property In IndiaReal Estate Project In India


Delhi Metro Sells 2 ha For Rs 220 Cr
Posted On 08/05/2008 06:01:57

NEW DELHI: Little known realty firm Young Builders has bought Delhi Metro’s 2-hectare land at Vishwavidyalaya metro station in North Delhi for Rs 220 crore in an auction reports Sanjeev Choudhary. It will construct a residential complex at the site. The developer has bought the land on a 90-year lease and is likely to get a developable area of 3.5 lakh sq ft, which will translate into a land acquisition cost of around Rs 6,200 per sq ft. A residential project being developed by Parsvnath Developers close to Vishwavidyalaya metro station is being sold at Rs 10,000 per sq ft.   

 

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            &nb sp;                         &nb sp;               Courtesy:-E.T. date: - 5/08/08

Tags: Property In IndiaReal Estate Project In India


Zameen-zaidad description
Posted On 08/05/2008 00:39:56

Zameen-zaidad.com is a one of the largest portals give good advice and safest solution of real estate India. As a real estate sector. www.zameen-zaidad.com your online property promotion. And also give good partner provides and most benefit options for the investment in real estate field. Zameen-zaidad provides with most beneficial online platform and potential buyers and sellers for your property. With the residential, commercial, and office space, zameen-zaidad is also very well website and all type's facilities are available in this website. And all types’ projects are available in this website. For the safe and profitable solution of property, Real estate India.

 

Tags: Property In IndiaReal Estate Project In India


IMPORTANT TIPS FOR BUYING PROPERTY
Posted On 08/04/2008 05:40:16

To take a decision to buy a property in one's life time is an extremely important decision as one has to drain down the whole amount of hard earned precious savings for owning suitable home. After selecting a home of one's choice, he will have to go through and check a lot of legalities and paper work. As such, one must be conversant with various legal terms and technicalities.

 

 

1.       Clear Title Deed: - One must ensure and investigate the records of last 25 to 30 years from registrar's office whether the property selected is unencumbered and has a marketable clear title. It will be better if such documents are got examined by a lowyer so that there may not be any hurdle while mortgazing same for obtaining loan from bank or financial institution.

 

 

2.       Property Under Construction: - When a property of one's choice is under

construction, he should ensure that the builder has all the legal document viz-a-viz agreement signed between the builder and the Landlord, CLU, layout plan duly approved by the concerned authorities, environmental clearance and other necessary permissions required for construction of multi storeyed buildings etc.

 

 

3.       Ready To Occupy Property: - In case of ready to move properties one must ensure that the seller has clear title and possession of property as well as right to sell the property. Also check that the building has been constructed as per approved plan, it has not been mortgaged and all dues till date for water, electricity & house tax have been paid in full. Also ensure to take all necessary original documents i.e. allotment letter, completion certificate & possession certificate etc etc obtained by the seller from the builder.

 

    

     4.    Payment of stamp duty for Sale Deed: - Usually stamp duty is charged as fixed by the government and is payable by the purchaser. Builder, seller and purchaser are required to be present at the registrar office at the time of registration. Also ensure proper documents are obtained after making the payment.

Tags: Property In IndiaReal Estate Project In India


Special Residential Zones Could Be In Offing
Posted On 08/02/2008 06:40:17

With real estate developers lobbying for special residential zone on the lines of special economic zones, the government has now indeed stated considering their proposal. The ministry of urban housing is of the view that earmarking of land masses in cities and their peripheries for such zones can really boost country’s housing stock, provided there are enough regulations in place. The policy makers fear it may not turn out to be a foul real estate play for developers. Also there is major hindrance to convince states in doing so, land being a state subject.

 

 

            &nb sp;                         &nb sp;                     Courtesy: - E.T. dt 1st August 2008

Tags: Property In IndiaReal Estate Project In India


MATHERAN REALTY SETTING UP LOW-COST HOUSES AT KARJAT
Posted On 08/02/2008 06:36:26

The big worry for most people is what the house will eventually cost? At the end of, it will work out to Rs.3 Lakh. Those who opt for the monthly payment option will need to shell out Rs.2, 000 every month.

 

 

It could well be termed a lottery with a difference. Anyone who has chanced to buy a lottery at some point is aware that the rewards are huge for an almost minimal charge. Matheran Realty is banking on this for its first phase of 2,000 flats, situated about 100 k.m. from Mumbai in the picturesque Karjat, this project will have apartments at 300 sq. fit. apiece.

 

So, how will this work? The mechanism is pretty simple actually, with a person having to fill an application form which is priced at Rs.100. To make sure there is no unfair advantage, a person can fill in just one form ensuring everyone is in with an even chance. Besides, there is no question of packing and choosing since you just take the flat that comes your way. All the 2,000 apartments will be given to the winners through the lottery method. The price tag is Rs.999per sq. ft.

 

Matheran Realty is working with UK’s Eredene Capital and Philippines’ Sterling Construction Systems (SCS). The township, called Tanaji Malasure City, is now witnessing the first phase of construction. The plans by any yardstick are gargantuan – in all, there will be 2 lakh houses with each having an area of 300-500 sq. ft. Come January 2009, the first set of owners will be ready to move into their dream home.

 

SCS is banking on the paucity of affordable housing in Mumbai to drive its mega township. “We expect a huge response to the scheme,” says SCS president (marketing) Harinder Bhalla. There seems to be hope for those who do not get their allotments in the first phase. They will get preference when booking starts for the second phase. That effort may be worth it since the project will be home to schools, colleges, hospitals and a retail centre. The entire exercise is expected to be completed over the next 10 years. All this will be over 100 acres. Eredene Capital will fund the project to the extent of Rs.131.2 crore with SCS offering technical support.

 

The big worry for most people is what the house will eventually cost? At the end of it, it will work out to Rs.3 lakh those who opt for the monthly payment option will need to shell out Rs.2,000, Speaking of construction technology, SCS will use prefabricated Hardiflex fibre cement Boards. This has been used with some success for housing projects in the Philippines, Australia, Jordan, Vietnam and in India. Importantly, it lowers construction cost by 15-20% and construction is much faster. With a price tag of Rs.3 lakh, this form of housing could work well for those in the Rs.8,000-1,0000 salary brackets.

 

In terms of profitability, there is always a question mark. “Such projects are profitable though the margins may be lower than what premium property developers get, “says Park Lane Property Advisors managing director Akshaya Kumar. Others tracking the industry think that low-cost housing will have acceptable levels of production quality and succeeds in cutting down frills such as high quality paints open space and parking.

            &nb sp;                         &nb sp;                         &nb sp;                         &nb sp;         

 

            &nb sp;                         &nb sp;                         &nb sp;                         &nb sp;                         &nb sp;     Courtesy: - ET. dt. 1St August 2008

 

 

 

Tags: Property In IndiaReal Estate Project In India




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