Friday, 7 November 2014

Home Decoration Excellent Ideas


Not all home decorating ideas need a significant investment of your time and cash. just in case you are sorting out a number of cheap home interior decorating ideas to wash a space over a weekend, Build your home distinctive with these very little accents:

Rearrange the piece of furniture: Pull your furniture far from the walls. Try positioning it at intriguing angles. Composition the couch diagonally across the slim lounge can build the area look wider and give a warm, welcoming format.

Paint, paint, and clean: You may be stunned by what a coat of latest paint or cleanup your existing moldings and doors will do to any area, or to your whole house. Keep in mind baseboards, moldings and doors. Discover new colors and helpful utensils at your close home improvement store.

Paint a wall: Paint one wall along with your most beloved color and makes it the center of attention. Droop attention-grabbing art on it wall and move a pleasant piece of piece of furniture there.

Bring in plants: Greenery always includes a way required refresher to a space. If you do not have a specialty, try silk plants and trees. The standard is nice to the purpose that it’s difficult to acknowledge them from the important factor.

Toss in color: Bright colors and smart lighting work along produces instant happiness.

Ladle on the light: One among the foremost imperative things is to own all the natural light you most likely will. Individuals respond exceptionally well to lightweight.

Dress up: Artistic utilization of moldings, fabrics, even paint can do enchantment around your doors and windows. You’ll realize discover them in wood or factory-made at your home improvement store.

Hang photos or a mirror: Hang photos that replicate your temperament. Try frames that square measure a lot of luxurious. When hanging a mirror, try to position it with the goal that it reflects decent view or a fascinating element.

Do not Mess: 
Litter invariably works against you. Keep it straightforward. Embrace vertical area with racks or cupboards in storage rooms or completely different zones to attenuate jumbling the maximum amount as potential.

Lay a spread mat: A zone mat could be a glorious technique for outlining a voice communication space. Try one that enhances the area. Lay it at an angle below your cocktail table.

Group figurines: Pull out your most beloved collectibles. Brag your identity. Discover a showcase zone and cluster connected objects along, in sets of 3 or 5. Try to vary the shapes.

Add a throw or Afghan: Like decorative pillows, throws and Afghans add texture to your piece of furniture. They are available all types of natural and non-natural materials. Realize a pattern and magnificence that you simply like.

Replace lamps: Lamps are probably the one thing in your home that will give others a clue that your room is outdated. Seek out new and fresh lamps that make a statement.

Add ornamental pillows: The nice news concerning ornamental pillows is that they're simple thanks to add textures and patterns to a space. Still higher, they will be modified to ginger up a settee or chair before your area is prepared for a serious makeover.

Add candles/candle holders: This is often invariably a winner. If you've got some intriguing candle holders, try those. Use a minimum of 2 candle holders for balance.

Display a figure or sculpture: Any conspicuous sculpture or figure can build an exquisite statement yet as a center of attention.

Display books: Show a number of hardcover books that square measure attention-grabbing and have covers that tie into your interior decoration color scheme. Preferably, the books ought to be the larger versions, however shouldn't be too thick.

Display pottery: Earthy and heat, pottery makes a good addition to your interior interior decoration.

Display straw baskets: Like pottery, straw baskets add charm and heat to your home.

Use an ornamental screen: An ornamental screen makes a wonderful background in any area. It adds dimension and texture.

If your area is decoratively challenged, try a number of these ideas to feature life to your interiors.

Property in Gurgaon

Wednesday, 5 November 2014

FDI NORMS RELIEF MAKE REAL ESTATE SECTOR OPTIMISTIC


The government has relaxed FDI norms as stated in the Union Budget which is able to conceivably double the influx of funds into the real estate sector and make the country a step nearer to NDA's poll promise of 'Housing for all by 2022'.

The government's call to relax foreign direct investment (FDI) norms in the construction industry will go protracted approach in reviving the sector. Builders and developers say the choice will definitely facilitate in bringing down the cost of construction, because it can result in the supply of low funds to the sector.
This will not only solely result in to the creation of new jobs in the industry, but also help the government achieve its poll promise of “Housing for all by 2022“, they said.
The Union government reduced the necessities of minimum built-up area to 20,000 sq meters from the existing level of 50,000 sq meters for 100% FDI in the construction of projects under automatic route.
It also reduced the need of minimum capital investment for a project to qualify for 100% FDI by 50%, to $5 million from $10 million. Apart from this, if a developer constructs affordable houses on 30% of the project area, the new norms have waived off all the necessities for 100% FDI.
These measures have the potential to more than double FDI inflow into commercial real estate, hotels, housing and townships in the next one year.
The government's call will definitely facilitate the real estate sector, but added a caveat that the government should streamline the approval processes additionally in order to make business easier. The government's call to ease funding rules for FDI within the construction sector may be a step in the right direction.
However, this was not among the big reforms needed to to attract around $1 trillion over the next five years to overhaul infrastructure like ports, airports, and highways, which might boost growth.
The government should work to introduce larger reforms which are required to make it easier to do business in India. The country's ranking has recently slipped by two points to 142 among 189 countries.
Performance falls even further when one considers two areas that are important to the real estate business coping with construction permits that weekend to 182 out of 189, and imposing contracts, ranking 186 out of 189 countries! In terms of direct support to the residential sector, availability of finance is an important area with mortgage debt in India only around 9% of GDP versus China (35%) and the UK (70%).
Buying a home is one of the best investments available and inspiring families to buy through finance offerings is a good policy. With progress on these fronts, FDI investments will naturally flow into India, attracted by the tremendous potential of the size of the population, increasing earnings and urbanization.
Apart from the financing norms, the government also set to ease the otherwise cumbersome procedure to exit a project and repatriate profits. This will also act as one more advantage for foreign investors. India attracted $1.2 billion in foreign direct investment in 2013-14, whereas the FDI inflow was $1.3 billion in the previous year in the sector.
This call has sent a positive signal to the real estate sector, which will be reflected in the coming days. The new changes can facilitate attracting money, which might revitalize the sector parched for funds. It would also increase the supply of affordable housing in the country, which is the highest priority for the new government.
100% FDI would mean that more capital will be invested in towns and cities for the development of residential and commercial spaces. The new policy announcements would enhance the general investor sentiments and expand the inflow of funds.
The decision was the much needed breather for the sector and would encourage developers to be more aggressive in the segment, whereas taking development beyond metro cities.

This would ease the burden of lending for banking and non-banking institutions, which till date are bearing the load of capital needs of the real estate sector, thereby serving other sectors grow.

For More Info Visit:-Property in Gurgaon

Wednesday, 29 October 2014

NRI INVESTORS SEARCH OUT INDIAN REALTY

The relaxation in FDI norms, a stable government, and an investment friendly market have all made people very optimistic about the Indian real estate market according to the report, Delhi/NCR was the most favored property investment destination for NRI, followed by Ahmedabad, Pune, Chennai, Goa, Bangalore, and Dehradun.

The economy is demonstrating upward development after the NDA government went to the Center in May, and with it the land division excessively is hinting at positive recovery. This has offered stimulus to NRI ventures also.

The way the Indian realty division has developed and created in the recent past is praiseworthy. This daylight segment is currently turning into a standout amongst the most favored speculation choices for a lot of people, including organizations and people much the same. This developing industry has now turned into the current most loved of NRI who are energetically putting resources into properties in their country.

NRI interests in Indian realty may climb by 35% in 2014. This is a direct result of the decision of a solid and proactive government into force furthermore the empowering Budget that took after. This has reflected in stocks, with the Bombay Stock Exchange Sensex hitting levels of 26,000 inside few weeks after declaration of race results. The BSE Realty Index, among India's most inadequately performing since the time that the worldwide monetary emergency (GFC) hit, additionally picked up more than 74% in the course of the most recent nine months.

Ideal demographics and expanding urbanization look good for the private realty segment. Indian laws grant NRI and PIO to put resources into business and private sections. Indian laws additionally permit repatriation of benefits emerging from offer of property in the wake of paying a long term Capital Gains assessment of 20%; NRI and PIO can likewise get an expense waiver, if the capital additions are re-put resources into an alternate property.

The unwinding in FDI standards, a stable government and a venture amicable business has all made individuals exceptionally idealistic about the Indian land market. Financial specialists are anticipating the new government's drives towards usage of framework undertakings, justification of the assessment administration as for securities and items transaction charge, alongside different changes.

There is absolutely an upsurge in the pattern and it can be relied upon to climb further in the future. So, what are the most favored ends in India that NRI are all the more eager to contribute? As per the report, Bangalore was the most supported property venture end for NRI, emulated by Gurgaon, Ahmedabad, Pune, Chennai, Goa, Delhi, and Dehradun.

NRI have a tendency to purchase Indian property either for self use or for speculation.

NRI have a tendency to purchase in their local urban communities and towns and in the second occasion in urban areas that demonstrate the most development potential regarding employment creation and the resulting interest for properties. Probably the most important urban communities in both classes are Bangalore, Chennai, Pune, Coimbatore, Kochi, Hyderabad, and the Delhi NCR.

The enquiries are principally originating from NRI dwelling in the UAE, the US, Singapore, Australia, the UK, Canada, and South Africa. Additionally, this year, interest is more for the top of the line properties and business structures, engineers. NRI search for money creating properties to contribute, inside their funding requirements. Private properties which can get great rentals are most noteworthy support due to the reasonableness element furthermore as a result of the lower hazard. NRI who have budgetary clout and danger hankering are likewise putting into rented out `grade an' office spaces in essential urban areas.

Purchasers comprehend that business realty is one range that has not had value thankfulness as seen in private realty. With business land accessible at rates lower than private properties, it is plainly under priced and has a solid room to make up for lost time in value gratefulness within a brief period of time.

Property in Gurgaon

Saturday, 18 October 2014

Dwarka Expressway - Time for Investors to Cheer?


The last 4 km of the ongoing construction of the 18 km Dwarka Expressway has had most buyers and realtors excited and concerned. Real Estate advisors & trend watchers believe that this infrastructural development, set to connect Delhi and Gurgaon in an hour, is decisive when it comes to real estate.

Why Dwarka Expressway?


Barely 10 km from Gurgaon is Dwarka Expressway which is nearest to Delhi. The area’s proximity to suburban business districts of Sohna, Cyber City, Golf Course Road and even to the peripheral business districts of Manesar can be decisive for the growth potential of the property market along the Expressway.
Reputed realty players like Ansal, SS Group have launched their projects and in the absence of pocket-friendly choices anywhere else, Dwarka Expressway is a promising deal. Sectors closer to Delhi command a 30 per cent premium, while properties towards the end of NH-8 are relatively affordable.
For frequent fliers, the area is barely a few minutes from the international airport. All these amenities plus a proposed metro are what the upper-middle class Delhi buyers know as ‘affordability’ today.
The impact of all these facilities reflects on the prices in the area, Prices have also appreciated quickly, from Rs 2,500-3,500 per sq ft a few years back to around Rs 5,000 per sq ft in terms of re-sale and anywhere up to Rs 11,000 per sq ft for new property.
Sectors near the Dwarka expressway are Sectors 99 to 113, 83 to 86. The Gurgaon-Manesar Master Plan-2012 has given a boost to the Expressway. The total stretch covered by the expressway is around 18km including a wide road, which is around 150 meters wide, starting from Dwarka and connecting to Palam Vihar. The main objective of the expressway is to reduce the travel time of people commuting from West Delhi to Gurgaon.
Sectors on the expressway, like Sectors 110A, 111, 112 and 113, which are near Delhi, are likely to see higher appreciation in the future. Sectors near the expressway are Sectors 37D, 83, 84, 88, 99, 100, 101, to 110 are being developed as residential and commercial, with the maximum area dedicated for residential development.

Concerns


The last leg of construction of the expressway is very crucial, almost like a beginning when it comes to unfolding the real estate chapter of the area. If the expressway project gets delayed, there would be genuinely low interest in the area, less re-sale units transacted in the market and therefore, there wouldn’t be any fresh money in the local real estate economics. In the long term, however, the market is sure to pick up
Development is continuous but prospective buyers are few owing to the slowdown in the market in general as well as that of the expressway project. Majority of the properties is under construction and developers seem to be knowingly delaying their projects.

Caution


Projects like the Faridabad-Noida-Ghaziabad Expressway (FNG) have got so delayed that they have just given way to a lot of construction activities coming up and realtors trying to market their projects owing to proximity to the FNG. 
Online discussion forums, consisting of prospective buyers and those who have already put in their money banking on future prospects of FNG, reveal that such project delays have disillusioned prospective buyers. Similarly, Dwarka Expressway where work started in 2011 and was scheduled to be operational by 2012. 
Further delays because of litigations and land acquisition have pushed the deadline to the year 2017. Buyers have taken the cue and therefore there is a lull in the market. Undoubtedly in the long-term, the Dwarka Expressway is a practical investment.

Property in Gurgaon

Thursday, 16 October 2014

Diwali Gift to Real Estate - Sales up by 20%


Real Estate sales have risen by over 20% in the Gurgaon region in the run-up to Diwali this year as compared to last year which shows signs of improvement in the market that faced a slowdown in 2013. 

Real Estate experts and consultants say all thanks to a new government, which has managed to improve investors' confidence, and the attractive marketing strategy adopted by many developers. This trend is likely to continue over the next few months.

Last year was disastrous for the real estate market, as no one was interested in buying anything. But this year, the market is more optimistic, with the high as well as middle class coming out, making enquiries and even booking apartments. This results in a rise of bookings by over 20% as compared to last year.

Commercial space also has witnessed an upswing in the sales over the last few weeks. Today, commercial development is visible near Dwarka Expressway. This area has been growing with IT sectors, corporate offices, shopping malls, studio apartments etc. This will ensure that this area has enough employment opportunities and “walk to work “is not a dream. Many industry watchers have already begun calling Dwarka Expressway the centre of Gurgaon!

In this Festival season Ansal Housing comes up with new commercial project with “high street retail and office space” on Dwarka Express Way “Ansal Centre Walk” Sector 103 Gurgaon. Covering the site area of 3.5 acre “Ansal Centre Walk” on Dwarka Expressway offers G+12 Structure which includes, high street retail, anchors, showrooms, banks, entertainment zone, multiplex, Gaming zone, serviced suites, office space, Food courts, Banquets etc. Above all, Ansal Centre Walk Sector 103 Gurgaon will be Wi-Fi enabled structure with dedicated business center as well as a reception for solving general queries of the visitors.

People are investing in new projects, particularly in Gurgaon and New Gurgaon. Most are going for apartments which are near Dwarka Expressway, as they provide good connectivity to nearby areas.



For More Info about Project:-
Call: - 8882-1111-22

Sunday, 12 October 2014

SOHNA - INVESTMENT DESTINATION


The emerging town Sohna, which was once considered as a remote area, is now one of the hottest destinations for investment in the NCR.
Sohna Road which connects Gurgaon & Sohna once a bumpy, two lane road has now been replaced by a busy, six-lane highway. The housing and commercial developments along Sohna Road have now reached Sohna town and the area has seen a sharp rise in property prices.
Sohna is a town and a municipal committee in Gurgaon district in Haryana. Located 24km from Gurgaon on the highway from Gurgaon to Alwar, the town is famous for its hot springs and ancient Shiva temple. Some of the institutes of repute here are G D Goenka University and K R Mangalam International University.
Prospects for investment While Manesar is a major hub after Gurgaon, surrounding towns like Sohna and Bhiwadi have also started attracting investments in a big way.
Sohna has great connectivity to Dharuhera, and onwards to Rewari, on NH-8, by Tauru road to Gurgaon, by Sohna Road to Palwal via KMP Expressway--and directly to Faridabad as well.
The biggest USP of Greater Gurgaon Extension's realty market is good connectivity and accessibility. The proposed 90-metre-wide link road from Gurgaon's Sector 63 merging into the proposed 150-metre-wide Gurgaon Extension Road will not only reduce the travel distance by a couple of kilometers, it will also ensure a smooth travel from Golf Course and Golf Course Extension Road.
The KMP bypass would take care of the heavy vehicular movement, reducing the traffic flow on the existing Gurgaon-Sohna-Alwar Highway. Also, the emerging area will have excellent connectivity with the NCR through the proposed Metro line.
Sohna is going to flourish and the quick appreciation on investment in real estate market. The 1,483km long Delhi-Mumbai Industrial Corridor (DMIC) is also located close to the forthcoming realty projects of the town.
Major developers like Eldeco, Shree Vardhaman, Ireo, Godrej, Tata Housing etc have plans to launch new projects here. Considering the residential and commercial developments on Sohna Road and Sohna itself, the area can be assumed as the next big thing for realty development after MG Road. “
BREEZ BUILDERS & DEVELOPERS (P) LTD is also developing a residential project ‘Global Heights’ in Sector 33, Sohna, under the Haryana Govt.’s affordable housing policy to cater to the housing needs of the middle class and lower middle class at affordable rates in the urban areas.
The group has been awarded a License by Govt. of Haryana to develop an Affordable Group Housing Colony in the Sector-33 Sohna Road, Gurgaon. Sector-33 Sohna is very close to Industrial Area of Sohna, and Sohna Town. It is surrounded by the beauty of nature along with renowned Institutes like G D GOENKA University, K R Mangalam International University.
The project has 1BHK & 2BHK flats at the government rate of Rs 3,600 per sq ft on carpet area. The project is just 20 minutes drive from Rajiv Chowk in Gurgaon and will be completed in three years. All the apartments in the project are come with basic amenities required for living.


Friday, 3 October 2014

Home Loan Rates likely to Severe

The Real Estate Market is demanding rate cuts, so that buyer’s affordability in purchasing a house improves. Any rate cut is likely to help in reviving the real estate market. This is also likely to help other sectors of the economy to improve their performance.

As RBI has not cut rates the real estate sector is disappointed, but bankers say interest rates on home loans are likely to drop in the near future, as the liquidity in the banking system has improved.

Real Estate prices in real terms after adjusting for inflation are expected to come down, RBI's governor Raghuram Rajan said.

“The value of properties should increase in a growing economy, but the housing data suggests that with inflation rate at 7% to 8%, prices are coming down in real terms and becoming more affordable as wages are going up,“ RBI's governor Raghuram Rajan said.
Despite this favorable observation by the RBI governor, the central bank continued with the existing high benchmark interest rates signaling banks to continue with tight liquidity policy to contain retail inflation to around 6%.
But, the good news is that many bankers are of the opinion that despite RBI's decision not to cut rates, interest rates on home loans are likely to soften in the near future, as the liquidity in the banking system has improved.
Real estate association CREDAI's president (Elect), Getamber Anand, expressed his disappointment at the RBI's decision to not cut interest rate. He said that a cut in interest rate would have helped revive the economy.
In fact, in the past seven years, RBI continued to believe that real estate prices were soaring and it was a bubble in the making. Because of this, RBI discouraged banks from lending to the real estate sector. With the economic indicators being stable and inflation coming down, a rate cut would have attracted more buyers to the sector during the festival season. We believe that it is only a matter of time before home loan rates come down giving further boost to consumer sentiments and real estate demand. However, in the near future, the RBI governor hinted at lowering rates if the macro conditions permit, which would boost the market sentiments.
RBI has decided to maintain its status quo on key policies, though lowering the interest rates would have acted as a catalyst to boost housing demand. As anticipated, with the change at the political front and onset of festive season, positive sentiments are seen in the market and lowering the rate of interest would have encouraged homebuyers further. The decision to have stable policies will be beneficial in the long run but keeping in mind the current moderate demand in the market, a small cut in the rate of interest would have made a big difference.
The decision of RBI to keep the interest rates on home loans unchanged has dampened our hopes, as the interest rates in the last quarter were also not touched.
But this time the expectations from RBI was that keeping in mind the growing positive sentiment in the real estate sector, the reduced rates on home loans would have given impetus to the existing upward graph of the positive sentiment being shown by home seekers ever since the new government assumed office at the Centre.
Raghuram Rajan, however, is not overtly concerned about the high property prices. “Buyers' cash down payment of 20% while purchasing a residential unit provides enough cushion to the bank's loan”, he said.
Raghuram Rajan said the appreciation in property rates is in tandem with the inflation in a majority of cases, and added that the RBI is not concerned about the lenders' perspective because there is an equity component which home buyers get in while getting a loan.

In the view of high property prices Haryana Govt. has also taken a step. Haryana Govt. is intended to encourage the planning and completion of Group Housing Projects on Sohna road wherein apartments of pre-defined size are made available at pre-defined rates within a particular time-frame. All such projects shall be required to be necessarily completed within predefined time frame from the approval of building plans or grant of environmental clearance, whichever is later. The licenses shall not be renewed beyond the said time period from the date of commencement of project.

For More Info about Affordable Homes Sohna:-


Wednesday, 1 October 2014

Sohna Road: Next Realty Destination

Sohna Road is appearing as the booming realty destination in Gurgaon and is proving to be in good demand with supply keeping pace. An example of this lies in is the high number of transactions taking place in this area.



Sohna Road has residential apartments, commercial spaces, villas, IT parks and retail. As a result this location has become the centre of Gurgaon.
The availability of land for commercial and residential development is one of the main factors driving development in this location. As a result it shows huge demand and appreciation in property prices on the Sohna Road. The Master Plan Sohna for the city has opened up many sectors for real estate development. With 30 to 35 sectors getting approval, the area is witnessing huge real estate activity.
Over the several past years, real estate values in Gurgaon have shown a significant appreciation of almost 50% in both the commercial & residential segments, making it a sought after destination for investors.
Commercial projects command Rs 12,000 per square foot while IT parks come for Rs 5,500 to 6,000 a square foot. Residential plots in the area range between Rs 70,000 to 80,000 per square yard, prices for apartments range between Rs 6,000 to 9,000 per square foot.
One of the main reasons for the growing demand is the infrastructure and enhanced connectivity options that are improving, but not enough to keep pace with the growth in the area.
Old Gurgaon is saturated and after old Gurgaon, the only availability of raw land for expansion of Gurgaon is Sohna Road. The Sohna Road is proposed to be widened to six lanes with good connectivity to NH-8 and this has made the area the next sought after residential & commercial destination.
A key driver of demand is the employment generated in Gurgaon. There is a large inflow of highly paid professionals into Gurgaon every year, which converts into strong demand for housing in peripheral areas.
In the view of meeting supply of high demand Haryana govt. have also taken a step. Haryana Govt. is intended to encourage the planning and completion of Group Housing Projects on Sohna road wherein apartments of pre-defined size are made available at pre-defined rates within a particular time-frame. All such projects shall be required to be necessarily completed within predefined time frame from the approval of building plans or grant of environmental clearance, whichever is later. The licenses shall not be renewed beyond the said time period from the date of commencement of project.

For More Info about Affordable Homes Sohna:-


Friday, 26 September 2014

Luxury Projects Demand Increase in Gurgaon

The luxury housing market of the Gurgaon is currently seeing a greater influx of end-user demand, in contrast to the previous trend of the investment-driven purchases.


Gurgaon will continue to see increased investment in the luxury housing space due to the strong demand in the region.
This is also coupled with the fact that Delhi does not create any significant housing supply in the mid-market segment, leading to a spillover for luxury housing into the peripheral locations of Gurgaon.
Gurgaon today has a growth story that mirrors India's growth over the last decade. It has become the city with the third highest per capita income in India.
The luxury housing market of the Gurgaon is currently seeing a greater influx of demand, in contrast to the previous trend of the investment driven purchase. The sale of luxury projects has risen by around 30% in the past few years, with luxury housing in Gurgaon seeing both demand and value appreciation.
Spurred by new projects offerings, greater influx of end-user demand, and a burgeoning upwardly-mobile segment, luxury and ultra luxury housing projects, are seeing higher demand in the residential market of Gurgaon like Dwarka Expressway, NH-8, Golf Course Extension Road.
On the supply side, some new luxury project launches continued to focus on cost-effective options in alternative markets, particularly in New Gurgaon.
Developers largely focused upon luxury housing in Gurgaon during the first half of 2013; while the second half saw new launches, primarily in the high rise and mid rise segments along the Dwarka Expressway and New Gurgaon area. Even though units in residential projects launched by developers attracted maximum buyer interest and purchases, developers across segments continued to adopt various strategies like further discounts to boost sales.
Sale of luxury projects has risen by 30% in the past few years, with units in this segment in gurgaon seeing demand and value appreciation developers largely focused upon luxury housing in gurgaon during the first half of 2013; while the second half saw new launches, primarily in the high-end and mid-end segments along the dwarka expressway and new gurgaon area. Another hub for premium residential projects is Golf Course Extension Road. The area has premier lifestyle projects in both residential and commercial segments. A numbers of green-rated townships and group-housing projects have been planned on this long stretch directly connecting to the main Gurgaon-Sohna Road.
Golf Course Extension Road is the next destination for premium residential projects in Gurgaon. Besides being well connected, the area offers well-developed infrastructure with 84-metre-wide roads and 24-metre-wide by lanes, which corresponds to developments in the western countries. The area also offers excellent social infrastructure with shopping malls, commercial developments, hospitals, and educational institutions.
The main objective of projects being developed along Golf Course Extension Road by private developers is to create energy-efficient, water-efficient, comfortable, healthy, and environmentally-friendly buildings and homes.
Increasing demand for luxury units, coupled with challenges like insufficient demand, inflation and lack of funding are all likely to put pressure on housing prices in the region in the short to medium term.

However, the situation can be marginally improved if new projects are launched at affordable rates. Values of Projects across most of Delhi's micro markets underwent a marginal dip due to rising preferences for apartment units over builder floors in the region, besides cautious buyer sentiments, over the last few quarters.

For Luxury Projects in Gurgaon:-
    Visit:- Property in Gurgaon

Friday, 12 September 2014

Dwarka Expressway - Boost to Real Estate Market


Connectivity of Gurgaon to Dwarka Expressway bring boost to real estate project which acts as a pull for the buyers and investors. Perception of people buying properties, in terms of distances, has changed as people want to live in well planned projects, which have rapid commuting infrastructure. Properties that have come up near this expressway have seen a tremendous response.



The Dwarka Expressway is receiving more attention today. The road starts from Dwarka to the NH-8. Customers are attracting to projects located on Dwarka Expressways, as they provide good connectivity to nearby areas.
Developers and Buyers are jostling to get a fair share of the pie in this area. Reason behind the heightened expectations and interest is good connectivity, which the Dwarka Expressway will provide. It will provide faster access to the airport; connect close to the 100-metre-wide road proposed in the new master plan, and the areas will also have good connectivity with the proposed diplomatic enclave and the current Metro corridor.
Sectors near the Dwarka expressway are Sectors 99 to 113, 83 to 86. The Gurgaon-Manesar Master Plan-2012 has given a boost to the Expressway. The total stretch covered by the expressway is around 18km including a wide road, which is around 150 meters wide, starting from Dwarka and connecting to Palam Vihar. The main objective of the expressway is to reduce the travel time of people commuting from West Delhi to Gurgaon.

Dwarka Expressway is the lifeline for people who are living in Dwarka and working in Gurgaon. Development is taking shape at a very fast pace. It is developing as a hub for commercial and entertainment activities and is amongst the most preferred locations to stay in the NCR region, with its proximity to Gurgaon and link to Delhi-Noida.
The Expressway, which is under construction, will join new residential colonies, apart from the commercial corridors.
Realty experts say that the land acquisition for the expressway is nearing completion; the demolition of some houses in Palam Vihar in litigation and a final verdict is awaited. Sectors on the expressway, like Sectors 110A, 111, 112 and 113, which are near Delhi, are likely to see higher appreciation in the future. Sectors near the expressway are Sectors 37D, 83, 84, 88, 99, 100, 101, to 110 are being developed as residential and commercial, with the maximum area dedicated for residential development.
The appreciation of property prices will be good near this area. The land value of the areas adjoining the Dwarka Expressway is already being compared to that of Dwarka. Property prices are going up rapidly, having shown an increase of Rs 1,100-2,000 per sq ft in the last two years. Starting from Rs 2,800-3,500, prices have now touched Rs 3,900-5,500 per sq ft. New Gurgaon and other areas coming up here will be more expensive once the NPR is ready,

The popularity of the area has seen big names of the real estate industry entering the market of this expressway. Some of the big names are SS Group (SS Omnia-86, The Leaf-85, Almeria-84), Ansal Group (Ansal Hub 83, Ansal Amantre – 88A, Ansal Upcoming Commercial - 103).

Property in Gurgaon