Ansals steps in Luxury Segment

Real Estate Development in Gurgaon is at the peak at present. Gurgaon now titled as “Millennium City” is the second largest city in Haryana and lies in NCR.

Gurgaon is one of the most happening cities in India. It is the home of many corporate offices like TCS, Microsoft, Accenture, IBM, Sapient, Motorola etc. Not just this Gurgaon is also a hub of BPOs, KPOs and MNCs like WNS, Convergys, Genpact and many more. With awesome corporate life, the city also offers great recreational and relaxing options as one can find many renowned lounges, pubs, hotels, restaurants and clubs. Not just that The Golf Course in Gurgaon is a boon for all the Golf-lovers.

Once you are a resident of Gurgaon you can surely agree on the part that though with some shortcomings, the city still manages to offer lifestyle, fun, class and facilities to its residents.

The city is still growing and some of the major residential projects are coming really soon in Gurgaon. Ansals had been giving a very active contribution towards the development of the city. Ansals have developed huge colonies in Gurgaon namely Sushant Lok Phase I, II and III. Not just that Ansals has also contributed towards the commercial development of the city with markets like Sushant Arcade, Sushant Estate and more.

This is the first time that this great builder is entering the Luxury segments. Ansals is presenting its first ever luxury project in sector 88 A.  This much talked about project is great when it comes to location, connectivity and amenities. Spread across 10.10 Acres, this residential project will offer ample of amenities to add the luxury to your lifestyle.

Some of those amenities are:

1. Daikin/Hitachi ACs in all the Bedrooms 
2. Imported marble flooring in Master Bedroom & Drawing and Dining Area 
3. Laminated wooden flooring in other bedrooms 
4. Branded wall tiles in Bathroom with Imported Marble Counter and Branded Fittings 
5. Modular kitchen with two sides running counter along with Hob & Chimney  
6. Only 4 units per floor/core
7. Well-designed corridors and lift area on each floor.
8. Best use of space, every bedroom will have enough space to meet all requirements.
9. Every tower will have double height entrance AC lobby.
10. The amenities also include Club House: Exclusive large club of 10000- 12000 sq.ft. along with one swimming pool for adults and a toddler pool for kids.
11. Modern amenities like GYM, Badminton Court, Spa, Pool Table, Yoga/Aerobic/Mediation Room, Party Area, Designated Play Area for Kids and much more.
12. Central park and Green area, Landscaped garden, Walking Track & Water Bodies

Talking about the location, the greatest advantage that the Project enjoys is that the Project adjoins the upcoming commercial hub in Sector 88.

One can easily relate the future of sector 88 to the present value of Sector 29, Gurgaon. The commercial value that the Sector 29 enjoys at present is exactly what the sector 88 would see in just few months to come. Development work of the sector is expected to start within 3 months and within few years of time the Sector would definitely take up the shape of biggest commercial hub in Gurgaon. Ample of commercial activity comprising of High-street markets and best of Eating joint is what will be the future of Sector 88. In coming time, Sector 88 will see the largest commercial development in entire Gurgaon region. The project will be connected with proposed 24 meter wide circulation road on two sides and surrounded by upcoming township by Vatika.

All this will definitely provide an awesome value to Sector 88 A, where the upcoming project of Ansals is located.

What more a person needs? This upcoming residential project is really worth investing for.

Property in Gurgaon

Subvention Scheme for Real Estate Customers: TRICK or TREAT?

Real Estate is a big industry and like any other industry, Real Estate as well relies a lot on its substantial customers. Last year had not been very great for the industry and thus many alluring schemes came out in the industry to attract customers. One of such scheme at hype is subvention scheme.

What is Subvention Scheme?

Subvention scheme is the best scheme for the buyer to save himself from paying the EMI till the possession. Under this scheme, a buyer of an ‘under construction’ building is not required to pay monthly EMIs for a defined time-frame or until he takes possession. But the buyer is required to pay some percent (usually 15-20%) of the booking amount and rest after the possession. This scheme no doubt is beneficial for the buyers as it makes home buying easy and hassle free.

At present only non banking finance corporations and private banks like ICICI and HDFC are associating with the developers for subvention scheme. Under the subvention scheme, once a buyer applies for loan for an under construction property then the borrower need not have to pay any EMIs. Instead, all the interest for first two years will be paid by the concerned builder. Due to heavy risks involved, banks have agreed to associate with Category ‘A’ builders.

Who is offering Subvention Scheme Projects?

Banks are reluctant to finance such schemes with only Category ‘A’ builders, due to which small builders in the industry might find it very difficult to get their projects financed with the banks under such scheme. Experts say that Subvention Scheme works really well with mid-segment projects. Around 200 developers across the country have been trying to attract home buyers with the scheme.  Some of the well known Builders in Gurgaon/NCR that are attracting buyers with such schemes are Tata, CHD, Sare Homes, 3C and BPTP.

Trick or Treat?

This scheme is beneficial for all the three parties-Bank, Builder and Buyer.

For the banks, the scheme is beneficial as the bank gets an access to a larger amount of customers which in return is really good for the business.

The builder can get access to the funds for the project at a much cheaper rate of interest as the funds come in the form of home loans which are cheaper than commercial loans.

Now coming to the buyer, the buyer is the one who gets most attracted to the subvention scheme. For a buyer can be tension free from the burden of paying the EMIs even before possession. Not just this, the customer can enjoy the cost appreciation till the time of possession as well.

Even after all the benefits and attractions there is a catch to this scheme. The buyer must always read the documents thoroughly as a little carelessness can be very risky.  In case of a disputed property the buyer would need to get the money back from the bank.

Apart from this, the buyer must also keep in mind not to fall prey to all these attractive offers without knowing the fine prints. So whether the scheme is a trick or treats completely depends upon the wisdom of the buyer.

Property in Gurgaon

Feel at Home

Serviced Apartments are a latest trend when it comes to investing in Property. With comforts of home, better facilities than hotel room and many other benefits, serviced apartments are a good option to invest in. With globalization hitting the world, the need to travel for business is increasing day by day. In such situation it is so good to have your own serviced apartment at a place where you travel frequently.


Serviced apartments are usually 1 BHK apartments built in a large area offering spacious living mixed with the comfort of all the modern facilities. These apartments can be used for short-term or long-term. And when these apartments are at a prime location within a city, it simply is a cherry on the top of the cake!

There are various advantages to invest in a serviced apartment:

• Will keep your investments within the budget
• Makes you feel at home where you can cook as well according to your taste
• There is no time bounding
• Larger rooms than a hotel room to give the comfort of spacious living
• Low cost on services like internet, phone etc.

The benefits of investing in serviced apartment are not constrained to only those mentioned above. Serviced apartments are a good option for the investor, traveler and even for those who live alone away from their family.

When it comes to investments, you can always invest in and then put it on lease. Investing in a serviced apartment when it is located at a prime location in cities like Gurgaon, Delhi, Noida, Bangalore, Pune or Mumbai is always a fruitful decision. Mostly such apartments are ideal for corporate offices that take serviced apartments on lease and get a cheap and best accommodation for their guests or employees.

Now imagine if your work keeps you to stay away from your family; then what will be according to you a better option, living in a rented room or in a PG? OR being a master of your own will and staying in your own serviced apartment where you can cook, throw parties or may be hold meetings as well.Serviced apartments give you such an opportunity.

Coming to the third category, which is a traveler. If you travel to a place frequently, then a serviced apartment is a better option than booking a room in a hotel.  In a serviced apartment you do not have any bounding and there is no time limit as well.

The developers/builders understand this trend which is why; builders like Ocus in sector 68, Cosmos in sector 99 in Gurgaon have launched their serviced apartments.

Serviced apartments are really a good option to invest and to live as well. They are fully furnished, spacious and cheaper than most of the hotel accommodations. I would say that Serviced apartments represent the fast moving lifestyle of the people today.

Property in Gurgaon

NCR Acts as a magnet for Office Market

National Capital Region has emerged as a hub of residential, commercial, retail and office markets. People are ready to invest and setup their business here due the ease of connectivity, better infrastructure and affordable residential options.

In the present scenario, Gurgaon and Noida are ruling the Real Estate market and is becoming the most sought after option for those who want to invest in office spaces as well.  We bring to you a close city wise study so that you can easily compare the scope of investing and setting up an office in the city of your choice.

PROSPECTS OF OFFICE MARKET IN DELHI

Delhi has always been the centre for business. The prime locations business activities of Delhi are located in Connaught Place, Barakhamba Road and KG Marg. The GDP of Delhi increased by 10.7% between 2007 and 2012. One cannot tell that which business sector rules the city; with such an old history and being the capital city of India the city is a home to various sectors like hotels, aviation, media, telecommunications, technology, banking and tourism.Though the city is completely packed, Saket and Jasola are emerging into new business centers.

PROSPECTS OF OFFICE MARKET IN GURGAON

Gurgaon enjoys the titles, ‘India’s Singapore’ and ‘Millennium city’ solely because of the rapid growth that the city has achieved in the past five years. One of the main attractions that Gurgaon has for the investors is that it is nearby to International Airport. Gurgaon contributes to nearly 40% of the national industrial growth. At present the office market in Gurgaon is concentrated in Sohna road, DLF Cyber City, Golf Course and Golf Course extension road. Besides IT, non-IT sectors like banking, consultancies, finance are also expected to increase in the current year.

Gurgaon is being struck by two major issues due to which people are ready to consider other options as well; one being the increasing congestion on the road leading to traffic jams and the other being high rentals for office spaces in the areas like DLF Cyber city. Still, according to the market analysis Gurgaon Real Estate stands strong chances.

PROSPECTS OF OFFICE MARKET IN NOIDA

Noida lies behind Gurgaon when it comes to Real estate industry. Noida offers 17 million Sq.Ft. of fresh office space by the end of the year 2014. Special Economic Zone status, its suburban atmosphere and its proximity to Delhi gives Noida an added advantage and attracts investors.

Noida has emerged as a hub of automobile industry, IT and not to forget the Film City. Right now, Noida-Greater Noida expressway is the most popular choice for investing in office spaces.

Property in Gurgaon

GURGAON REAL ESTATE IN 2013

Though the UNION BUDGET-2013 was not up to the expectations of the Realty Sector still, this industry has not lost hope. If we go by expert advice, year 2013 has a lot in its store for the Real Estate Industry. Most of the development and growth is expected to be in Gurgaon and Noida. The prices of residential projects are likely to appreciate in 2013 which will attract many investors to the market.

When we talk about Gurgaon, there was an improvement in the year 2012 as compared to year 2011 in terms of residential projects. Research shows that in year 2012 around 22,000 new residential projects were launched in Gurgaon.

The question is what attracts investors to Gurgaon?  The reason is quite visual. The development in past 25 years has helped the city to achieve the title of Millennium City. Drastic growth in the commercial and industrial sectors has driven the growth and development of Real Estate in Gurgaon.

Current year-2013 will mainly be dedicated to the development and completion of the projects by the builders. Gurgaon acts as a magnet to all sorts of investors; be it in residential or retail. The highest appreciation will be seen on Dwarka-Gurgaon Expressway and Golf-Course extension road. The factor behind this development is that these locations enjoy close proximity to the capital city-Delhi.  Another positive point is that Golf-Course extension road promises steady construction schedule.  This led to the growth in the lifestyle and here is the city today offering best of Restaurants, 5 star hotels, Clubs, Golf-course, best of schools offering good education, high street markets, malls and off-course luxurious residential projects making Gurgaon a city with ideal climate for business and residency.

When so many people started to migrate to the city due to their work, growth of amenities, facilities and infrastructure in the city became the need of hour. The city at present is the most happening place as it has many pubs, lounges, great eating-joints and clubs. The development of IT/ITeS, MNCs and corporate offices has forced the young professionals to settle in the city as well. Gurgaon has become a place where young India dreams and dares to achieve. Gurgaon for them is young and fast city which gives a lot of opportunities to grow.

Like we know that perfection exists only in dictionary, Gurgaon too has some drawbacks. Though the development plans were high but in the past years Government failed to keep up the pace with the rapidly upcoming residential projects. Slow infrastructure development in the city disappointed many investors and buyers giving Gurgaon a bad status. Gurgaon government is doing all it can to make the city rise up among the neighboring NCR cities. Providing broad roads for the swift flow of traffic, manicured parks to provide greenery to the city and improvement in the infrastructure is all the government is working at. Changing shape of Gurgaon is not only attracting the working class but also the businessmen and the elite classes as well.

Talking about the future; it is bright and promising. The city shows a lot of potential and will continue top the realty charts.

Property in Gurgaon