DLF
Real Estate Slow Down In India
There has been an overall slowdown in real estate industry and various industry players have been affected. Some factors responsible for this slowdown can be increase in interest rates, slowdown in IT industry, increase in property prices, and increase in interest rates loan rates because of which many property buyers have stepped out of market. But somehow this slowdown can bring happiness to those middle class buyers who have been eagerly waiting for the property prices to come down. In major cities such as Delhi, Mumbai, Bangalore, Chennai and Hyderabad real estate market has come down. Also because of increase in cost of raw materials like steel, iron and building material builders are facing difficulty of constructing property at agreed prices.
Real estate slow down in Bangalore
As realty business in Bangalore has been hit by global financial crisis because of this uncertain condition in Indian equity market and property prices builders have come in formidable situation .The condition is that approximately 400 flats or more are still vacant despite of advertisements .And the situation is same with may top builders of country. Many builders developers said they have faced a drop in new projects as compared to last year because of which condition has become worse in the market.
Real estate slow down in Hyderabad
Because of Realty business is facing a slow down developers have decided to launch special schemes to attract buyers like launching special incentive prices etc. Also prices which were at some time had gone up are now cooling off because of which there is low growth rate. There are many factors that have contributed to the present scenario and may small buyers have backed out from the scene because of high interest rate, increase in input cost and strict rules. Indias largest real estate company DLF which has built may commercial and residential projects has announced that they will make high end luxury apartments at affordable prices in Hyderabad after seeing IT and real estate slow down.
Real estate slow down in Delhi
Delhi/NCR has also been badly affected with this realty slow down .Some real estate developers or agents have shut down their business and switched to other business because of this slowdown as it was being difficult for them to survive in these conditions.
Real estate slow down in Mumbai
Mumbai Real estate is a very large market with many Top builders and developers under its belt. But there also Developers have to cut down their prices for new homes for sale as condition of market has still not improved yet. As Mumbai has a large market for supply of high-end apartments as compared to other cities still there is a fear that of oversupply as many buyers have backed out.
This may be the current situation of Realty business in major metropolitan cities but there was also a time when a handsome salary package of six figures meant a home in the heart of metropolitan city .But the property boom turned down this dream of many people .Now we can say that only rich people are finding a home for themselves in theses metropolitan cities. With trembling condition of sensex and liquidity scare in banking sector the real estate industry has to come up with ways for attracting buyers. But sources are saying that this is a temporary condition and real estate developers are hoping the conditions will improve soon
Options Of Well Furnished Studio Apartment Gurgaon
The growing demand for studio apartments Gurgaon has drawn attention of reputed builders of the region to suffice the needs of this real estate segment of affordable housing. Studio apartment is actually a self-contained spacious room comprising of living and kitchen area along with a kitchenette and attached bath. The studio apartments are also known as efficient apartments designed only for 1 or 2 people.
Since Gurgaon is growing as a major business hub of the NCR, the need for small yet luxurious apartments is increasing. The studio apartments are mainly popular among working women, students, middle cadre single executives, NRIs. For NRIs the apartments are like their second home for short and long visits.
Let us take a look at some of the studio apartment Gurgaon projects that are taken up by renowned developers.
The Villas The realty giant Emaar MGF has launched well designed studio apartments as part of the project ‘The Villas’. The Villas is located at sector 25. Though nestled at the heart of the city but most of the apartments are far from the hue and cry of the bustling urban. The studio apartments are indeed for the ones who prefer a home unlike any other.
The following are few highlights of the studio flats of the Villas.
Highlights of The Villas Studio Flats
The price starts from Rs. 55,00,000
The studio flats are apart of the ‘Villas’, which is actually a premium condominium residential complex.
The size of the flats varies from 1000 sqft to 1850 sqft
The possession of the apartments would be by February 2012.
The number of floors of the towers is ground plus eight ( G+8)
Essel Towers Plush studio apartments are available at Essel Towers. The Essel Towers is located on M.G. Road, just opposite to Gurgaon Central. The Essel Towers is located amidst shopping malls and are just 15 minutes drive away from the domestic airport.
There are many other projects coming up with the studio apartment form of accommodation. Though, the demand for this segment is yet to be explored fully, the trend setting developers like DLF and Unitech have really a viable scope to capture the growing market for studio apartment Gurgaon.
Discover Top 10 Secrets Before Buying Commercial Property in Gurgaon
With the tremendous prosperity of business and industries in Delhi NCR, several companies and shopping malls are mushrooming in the capital city of India, but due to lack of space of establishment of further commercial properties in Delhi, the builders are utilizing the nearby associated cities for making further development of commercial complexes.
1. Gurgaon is becoming a demanding place in real estate business both from the context of residential flats as well as commercial properties. The main reason behind this situation points towards the huge impact of improving technology and establishment of infrastructure.
2. Today people are struggling for better prospects so that they can survive in this world of competition in a better way. In search of a better living they are tending to migrate to metropolitan towns and cities and are settling there. Gurgaon can be the ideal place for a better living.
3. Gurgaon which was traditionally not counted under the developed cities have been categorized presently under one of the most prosperous and developed city in India. The Haryana government has taken several initiatives for the improvement of this particular place which is reflected through the infrastructural growth and immense work opportunities which assures career growth. Moreover, due to the contribution of reputed builders such as DLF, Gurgaon have experienced huge improvements.
4. The demand for commercial properties have increased at a tremendous rate in Gurgaon, therefore many companies are offering new projects of construction with such lucrative properties at lower rates at the time of booking.
5. If you are looking for purchasing such a property in this location, you can find out the one that falls well within your budget depending upon your requirements. The companies offer great deals for commercial properties, residential properties, rented accommodations, etc. In case you are not aware of the prices you can take the help for professional assistance for better guidance.
6. Taking assistance from the real estate agents can be the wisest decision since they can guide you to make bright investments which are featured with great growth perspectives depending upon your financial budget.
7. Undoubted investing upon property located in such prosperous areas will definitely yield you profit in the long run since investing upon properties is like investing upon gold where the value will increase in future.
8. Commercial property in shona road is highly on demand. The place is full of greenery and excellent for construction of properties.
9. Due to the excellent connectivity in Gurgaon such as the metro railways which connects Gurgaon to Delhi, Noida and other destinations saves a lot of time of the passengers who are bound to visit these places on a regular basis. All such reasons make Gurgaon a preferable destination for real estate businesses.
10. People residing in Gurgaon are highly dependent upon luxury and hence the builders are showing high interest in developing luxurious malls where within one complex people can shop for clothes, eatables and other raw materials, they will not have to travel to different places to in search of various items. These shopping malls are constructed with all sorts of luxurious facilities such as elevators, escalators, restaurants, well maintained wash rooms for ladies and gents, spacious car parking areas, etc.
Ref. By: http://www.articlesbase.com/agriculture-articles/discover-top-10-secrets-before-buying-commercial-property-in-gurgaon-6813566.html
Author Bio: The author of this article dealing in residential and commercial properties in Gurgaon. Here he is sharing some facts that should be in mind when you are going to invest in commercial property in Gurgaon like office spaces, shops, complexes, shopping malls and more. For more details about commercial property visit at http://www.vipulgroup.in/Vipul-Business-Park-Gurgaon
Real Estate Slow Down In India
There has been an overall slowdown in real estate industry and various industry players have been affected. Some factors responsible for this slowdown can be increase in interest rates, slowdown in IT industry, increase in property prices, and increase in interest rates loan rates because of which many property buyers have stepped out of market. But somehow this slowdown can bring happiness to those middle class buyers who have been eagerly waiting for the property prices to come down. In major cities such as Delhi, Mumbai, Bangalore, Chennai and Hyderabad real estate market has come down. Also because of increase in cost of raw materials like steel, iron and building material builders are facing difficulty of constructing property at agreed prices.
Real estate slow down in Bangalore
As realty business in Bangalore has been hit by global financial crisis because of this uncertain condition in Indian equity market and property prices builders have come in formidable situation .The condition is that approximately 400 flats or more are still vacant despite of advertisements .And the situation is same with may top builders of country. Many builders developers said they have faced a drop in new projects as compared to last year because of which condition has become worse in the market.
Real estate slow down in Hyderabad
Because of Realty business is facing a slow down developers have decided to launch special schemes to attract buyers like launching special incentive prices etc. Also prices which were at some time had gone up are now cooling off because of which there is low growth rate. There are many factors that have contributed to the present scenario and may small buyers have backed out from the scene because of high interest rate, increase in input cost and strict rules. Indias largest real estate company DLF which has built may commercial and residential projects has announced that they will make high end luxury apartments at affordable prices in Hyderabad after seeing IT and real estate slow down.
Real estate slow down in Delhi
Delhi/NCR has also been badly affected with this realty slow down .Some real estate developers or agents have shut down their business and switched to other business because of this slowdown as it was being difficult for them to survive in these conditions.
Real estate slow down in Mumbai
Mumbai Real estate is a very large market with many Top builders and developers under its belt. But there also Developers have to cut down their prices for new homes for sale as condition of market has still not improved yet. As Mumbai has a large market for supply of high-end apartments as compared to other cities still there is a fear that of oversupply as many buyers have backed out.
This may be the current situation of Realty business in major metropolitan cities but there was also a time when a handsome salary package of six figures meant a home in the heart of metropolitan city .But the property boom turned down this dream of many people .Now we can say that only rich people are finding a home for themselves in theses metropolitan cities. With trembling condition of sensex and liquidity scare in banking sector the real estate industry has to come up with ways for attracting buyers. But sources are saying that this is a temporary condition and real estate developers are hoping the conditions will improve soon
After Gurgaon, Manesars Property Prospects Swell
Gurgaons real estate development from a city suburb to a hi-tech city is a model for other cities to follow. Almost all cities of the National Capital Region (NCR) developed on the lines of Gurgaon and upgraded their property profiles. In fact, Gurgaon is now serving as a city centre for neighbouring towns like Dharuhera, Bhiwadi and Manesar. Real estate developers and home seekers from Gurgaon are now spreading into these areas.
Manesars real estate development needs a special mention here. Manesars proximity to Gurgaon is its biggest asset. Also property prices in Gurgaon are almost on the lines of Delhi. The average capital value for a residential apartment in Gurgaon is Rs 900 1,3000 per sq ft, which is almost similar to the property prices prevalent in Delhis Saket and Karol Bagh areas. Commercial property rates follow the same trend.
Considering all these factors, many corporate houses and manufacturing units have bought land banks in Manesar. The city would host the manufacturing units of automobile giants like Maruti Udyog, Suzuki and Hero Honda. Suzuki would be investing Rs 2500 crore to develop their Manesar plant. In fact, technology leader Samsung Telecommunications would also be setting up their India unit in Manesar. The company would be investing Rs 850 crore in Manesar in near future.
All these developments have prompted the property developers to consider residential development in the region. Prominent real estate builders like DLF, Unitech and Raheja have announced a slew of residential projects for the region.
An expressway has been proposed that will connect Gurgaon to Manesar and property builders have taken huge land banks across this expressway. Also, about 10 SEZs have been notified in and around Manesar. This too has triggered residential developments in the region. With so much happening in and around Manesar, this region has become a favourite with the real estate investors.
The Top Notch Real Estate Companies India
The booming property market of India proves the rapid growth of the real estate companies India. The realty companies of India are involved in varied activities ranging from infrastructure development, residential complex, commercial real estate to retail space development.
The favorable government policies are one of the major reasons behind the growing real estate companies India. The government approves of 100 % FDI encouraging people from all across the globe to invest in India. Let us take a look at few of the major real estate companies.
Major Real Estate Companies India
Ambuja Realty Group The company is a joint venture organization between Ambuja Housing and Urban Infrastructure Company Limited and West Bengal Housing Board. The objective of the company is to develop affordable homes with strong base and close nature.
DLF The developer is considered to the be biggest builders of India. The first project developed by the company was on the very heart of Delhi. It is a trend setter in the industry. Much of the credit for changing Gurgaon urban landscape goes to DLF.
Sun City Projects It is one of the leading companies in India. The company has till date involved into variety of projects ranging from group housing to townships to luxury apartments, shopping malls, complexes for office to amusement parks.
Merlin Group For the past three decades the company is active in the real estate sector. The builder has successfully developed townships, office buildings, shopping malls, clubs and office buildings in many cities like Kolkata, Ahmedabad and many such.
Mittal Builders The company has been into the real estate industry for the past 5 years. Unlike its counterparts, the main agenda of the company is to develop real estates. It has successfully carried out its development activities in cities like Mumbai, Bangalore, Pune, Secunderabad, Nagpur and many others.
K Raheja Constructions The construction company ranks among top 10 realtors of India. It was honored with Best Construction & Real Estate Sector Implementation. Raheja has built many projects in cities like NCR, Mumbai, Pune, Chennai, Bangalore and many such.
There are numerous other real estate companies India that are coming up with innovative commercial and residential projects, changing our very form of living.
Manesar Real Estate Market
Manesar is one of the fastest growing townships in India and is a part of Delhi NCR. After Gurgaon, Manesar has caught the eye of Haryana Government and has become the new centre of developments.
Many eminent real estate developers are planning to invest in Gurgaon-Manesar Expressway. Builders like Unitech, Raheja, Vatika, DLF and various others have bought land in Manesar to create townships.
The upcoming projects like Expressway to Jaipur and SEZs are bolstering up the value of property in Manesar. These projects are undertaken by Reliance, DLF, Unitech and Raheja and are helping in boosting the property prices in Manesar already. In fact, according to survey held recently, Manesar ranked among top 3 choices of investors for property investment.
Manesar, from a small village is soon scoring its place among major outsourcing hubs in India. This transformation could happen due to the rising needs of industrial and commercial sectors. IMT (Industrial Model Township) is the main attraction of Manesar for industrial buyers as it now houses more than 500 industrial units.
Upcoming investment plans in Manesar:
Large numbers of corporate leaders like Nippon, Baxter, Stanley, Toyota, Mitsubishi, etc have setup their business units in Manesar.
With already being a home to largest car and motorcycle manufacturers namely Maruti Udyog and Hero Honda, another corporate honcho, Suzuki is also coming up with plans to invest Rs. 2500 crores in Manesar.
Also, Japanese majors and other multinational companies like Samsung Telecommunications will soon establish a unit worth Rs. 850 crores in Manesar to commence the commercial production of their products.
Next in the pipeline are Honda Motorcycles and Scooters India with a plan of pumping in Rs. 300 crores in its plant in Manesar to improve its capacity.
As happens with every developing city that the demand for residential property is upped due to commercialization, the trend is well followed by Manesar too. The professionals employed by the multinationals generated the need for housing and apartment accommodation. The rapid development of both commercial and residential sectors in Manesar has made it extremely popular among property developers as well as property buyers. The boom in real estate market is at its peak and this is what makes of property in Manesar sell like hotcakes.
An industrial and commercial hub:
Manesar is now known as an industrial and commercial hub of the city and has long ago shredded its image of a village. Earlier, no one had ever thought that a small city like Manesar could hold such potential for real estate market. There could be many reasons for this metamorphosis:
When Delhi became congested, leading companies moved to nearby areas around the national capital. It went on to develop Gurgaon property market by carrying their operations there and when again it was exploited enough, they moved further to Manesar. Therefore, hefty investments from various MNCs and setting up of major establishments in the city led to its conversion into New Gurgaon as called by many over the past few years.
Hike in property prices:
The property rates have doubled and even trebled in some areas in Manesar and have jumped from Rs. 20-25 lakhs per acre to Rs. 1.10-1.40 crores per acre. In just few months, commercial property prices have hiked by whole 35-60% and residential property by over 35%.
Infrastructural Developments:
The construction of 135 km long Kundli-Manesar-Palwal (KMP) Expressway has further augmented the property prices in Manesar Property. This would be the longest expressway of India and the most expensive too.
Real Estate projects:
Corporate Tower
It is expected to fulfill business requirements of shops, offices, etc.
Commercial Towns
HSIIDC would develop 12 commercial towns.
Townships
DLF City is planning to develop a huge township while Vatika would undertake construction of plots and villas.
Karma Lakelands
Unitech would bring in Ultra Luxury villas with an 18 Hole Golf course.
Manesar is seen as the next generation IT-ITes destination and is conveniently located. It has become one of the most preferred places to invest money in for both buyers and investors.
Manesar Real Estate Market
Manesar is one of the fastest growing townships in India and is a part of Delhi NCR. After Gurgaon, Manesar has caught the eye of Haryana Government and has become the new centre of developments.
Many eminent real estate developers are planning to invest in Gurgaon-Manesar Expressway. Builders like Unitech, Raheja, Vatika, DLF and various others have bought land in Manesar to create townships.
The upcoming projects like Expressway to Jaipur and SEZs are bolstering up the value of property in Manesar. These projects are undertaken by Reliance, DLF, Unitech and Raheja and are helping in boosting the property prices in Manesar already. In fact, according to survey held recently, Manesar ranked among top 3 choices of investors for property investment.
Manesar, from a small village is soon scoring its place among major outsourcing hubs in India. This transformation could happen due to the rising needs of industrial and commercial sectors. IMT (Industrial Model Township) is the main attraction of Manesar for industrial buyers as it now houses more than 500 industrial units.
Upcoming investment plans in Manesar:
Large numbers of corporate leaders like Nippon, Baxter, Stanley, Toyota, Mitsubishi, etc have setup their business units in Manesar.
With already being a home to largest car and motorcycle manufacturers namely Maruti Udyog and Hero Honda, another corporate honcho, Suzuki is also coming up with plans to invest Rs. 2500 crores in Manesar.
Also, Japanese majors and other multinational companies like Samsung Telecommunications will soon establish a unit worth Rs. 850 crores in Manesar to commence the commercial production of their products.
Next in the pipeline are Honda Motorcycles and Scooters India with a plan of pumping in Rs. 300 crores in its plant in Manesar to improve its capacity.
As happens with every developing city that the demand for residential property is upped due to commercialization, the trend is well followed by Manesar too. The professionals employed by the multinationals generated the need for housing and apartment accommodation. The rapid development of both commercial and residential sectors in Manesar has made it extremely popular among property developers as well as property buyers. The boom in real estate market is at its peak and this is what makes of property in Manesar sell like hotcakes.
An industrial and commercial hub:
Manesar is now known as an industrial and commercial hub of the city and has long ago shredded its image of a village. Earlier, no one had ever thought that a small city like Manesar could hold such potential for real estate market. There could be many reasons for this metamorphosis:
When Delhi became congested, leading companies moved to nearby areas around the national capital. It went on to develop Gurgaon property market by carrying their operations there and when again it was exploited enough, they moved further to Manesar. Therefore, hefty investments from various MNCs and setting up of major establishments in the city led to its conversion into New Gurgaon as called by many over the past few years.
Hike in property prices:
The property rates have doubled and even trebled in some areas in Manesar and have jumped from Rs. 20-25 lakhs per acre to Rs. 1.10-1.40 crores per acre. In just few months, commercial property prices have hiked by whole 35-60% and residential property by over 35%.
Infrastructural Developments:
The construction of 135 km long Kundli-Manesar-Palwal (KMP) Expressway has further augmented the property prices in Manesar Property. This would be the longest expressway of India and the most expensive too.
Real Estate projects:
Corporate Tower
It is expected to fulfill business requirements of shops, offices, etc.
Commercial Towns
HSIIDC would develop 12 commercial towns.
Townships
DLF City is planning to develop a huge township while Vatika would undertake construction of plots and villas.
Karma Lakelands
Unitech would bring in Ultra Luxury villas with an 18 Hole Golf course.
Manesar is seen as the next generation IT-ITes destination and is conveniently located. It has become one of the most preferred places to invest money in for both buyers and investors.