Indian Real Estate Market

Just imagine riding a wheel which revolves and spins 360 degrees at full speed with laser lights lighting up the atmosphere. It may not look like very fast if you compare to a fast sports car but it will give you all the fun you want spinning your head. And this along with various entertainment and recreation options in the shape of Water Park, retail store, FEC and sports club would soon be part of Appu Ghar sector 29 Gurgaon.  Really these are very unlike from the everyday merry-go-rounds and huge wheels. Ultra-modern amusement parks, theme parks with different zones, long elevated mono rails for travelling within the parks, laser shows and to top it all the exciting auto control rides that you might have seen in a Hollywood movies. At Appu Ghar amusement park Gurgaon a roller-coaster that takes you as high as a multi storied building and then does two dangerous loops. A ferries wheel that takes you upper than any other place in this region make it sure to make it adven...

Serviced apartments might seem to be a new concept in India, but the fact is, that these are around for quite some time now. A serviced apartment is like any other apartment with the basic difference being that it gives back assured returns to the buyer, sometimes as high as 50%, after deducting the maintenance charges.  Serviced apartments provide services like a hotel, such as housekeeping and room service. But, unlike a hotel, a person using a serviced apartment can cook his own food too. So, serviced apartments can be owned by you while the client servicing is provided by the seller. The seller also takes the responsibility of getting you tenants. Gulati remarked that mostly people from foreign countries on work visas stay in the serviced apartments for a duration ranging from a month to even six months or more. Usually corporate guests or those working for companies here hire serviced apartments. The benefits vis-à-vis a luxury hotel are that firstly, serviced apartment...

The  real estate  boom in Gurgaon in the recent years has made the millennium city, the most preferred  destination  for  investment in terms of real estate . Past few years have shown considerable increase in the Gurgaon real estate development as a result, the millennium city has topped the list of best places to invest in the real estate of India.  Gurgaon, known as the  International city   of India is already on the way to provide an infrastructure that is in line with its image of a millennium city and thus the city looks promising when it comes to  real estate developmen t and investment. The city is lined up modern and new generation  sky scrapers .  Gurgaon has been bestowed with the best names in construction business. DLF, Unitech, Ansal, JMD, have dotted the landscape of Gurgaon with state of the art Residential and Commercial projects. DLF Phase I area has developed as a major corporate hub and one can see the m...

Real Estate Industry in India had a mixed experience in the year 2011. It had been both sweet and sour for developers and builders — sweet, in the sense that a number of affordable and luxurious housing projects were launched. On one side, it faced low during land acquisition in Gr.Noida,  then launch of skyscrapers in Delhi NCR especially in the millennium city Gurgaon was really a high point.  Land-related issues, along with the developers’ and buyers’ rights, and initiatives for amendments to the land acquisition laws and real estate regulation bill have also been taken up. The flip side was the uncertainty over forthcoming projects due to land acquisition rows, especially in Noida and Greater Noida, and that the initiative for a real estate regulator is yet to bear fruit. The apprehension of a worldwide recession has also cast a shadow on the realty market. However, Gurgaon witnessed quite a strong appreciation during the year. Prices in Dwarka...

     The proposed Real Estate Regulation Bill will bring more transparency into real estate industry and from a buyer's or investor's point of view, it provides for sufficient safeguards. Disclosure of detailed information about projects will create awareness and curtail pre-launch hoopla.      The draft proposes a two-tier grievance red-ressal system, a state regulator and an appellate tribunal at the Centre. At present, the only option open to buyers is to move the civil courts, a time consuming process.      However, builders say the bill does not provide any protection to them in case buyers default or create unnecessary litigations in a court of law. So, the central-level regulatory authority should have an arbitrator's power and a stakeholder should first approach this authority before going for any litigation against anyone, real estate developers and builders say.      The bill is set to be brought before Parliamen...

All About VSR 114 AVENUE, Commercial Project in Sector 114 Gurgaon, Contact - 9811845382, Alok Upadhayay VSR Infratech, a part of the SLV Group which is a multi-dimensional portfolio of companies, which operate in various business domains across the India has launched the first commercial project on Dwarka Expressway with the name of   114 Avenue. The foundation of the Group was laid by Late Shri Sham Swara in the year of 1986 who was a visionary entrepreneur of his time. The rein of the Group was taken over by Mr. Vishal Swara in the year 1989. Under his dynamic leadership qualities the Group achieved the pinnacle of the success. The core businesses of the Group are Security Solutions, Mall/Integrated Facilities Management, Real Estate Development and Service Apartments. Projects of VSR INFRATECH Taksila heights, Gurgaon         Industrial project of 130 Acres at Manesar   5 Lac sq.ft of Mixed use commercial development at sector 114...

Dwarka Expressway , Dwarka-Gurgaon Link Expressway , Dwarka-Manesar Expressway , Northern Peripheral Expressway (NPR) ; all these seem different but are the name of the same much awaited project, which will give a new shape to infrastructure in Gurgaon . No need to say what Dwarka Expressway mean to Gurgaon, the residents, the investors as well as the Realty Market . Everyone is waiting for this project..... Come lets see, what Times of India, one of the leading newspapers of India has to say about it.... READER FRIENDLY VERSION OF THE ABOVE ARTICLE Dwarka-Gurgaon link expressway (Northern Peripheral Road or NPR) , which is under construction, has becomes the talk of the town. The 150-metre-wide and 18km-long expressway is likely to be completed within 18 months, by October 2012. Indiabulls has bagged the contract for this project costing Rs 43.32 crore.         The NPR has become an USP for over two dozen builders, who have projects l...