Indian Real Estate Market

Real estate market in Gurgaon is still the top real estate investment destination in the Delhi NCR's property market, and a favorite for both end users and investors. If you are looking to make investment in property, Gurgaon property market will be the best option because of high returns and a secure investment environment. Top realty players like DLF, Tata Housing, Hines, Homestead , Unitech, Ansal API, Raheja Developers, Chintels Ltd , Adani, Godrej, BPTP, IREO, M3M, MGF Emaar, Orris Infrastructure, Antriksh, Assotech Ltd, Supertech, etc, have huge land banks here and come up with new projects regularly. Most of these developers hire top-notch engineering firms like L&T and Shapoorji Pallonji, etc, as contractors, which translates into timely delivery of well-engineered products. The best locations to invest in Gurgaon are Golf Course Road, Golf Course Extension Road and the surrounding areas, Southern Peripheral Road, and the developing Dwarka-Gurgaon Expressway. Investo...

Real estate in India is a sector which has grown by leaps and bounds in the last couple of decades. Indian real estate is considered ideal for investment purpose. Real estate sector has been witnessing rapid growth in major Indian cities with the high rises and malls adorning the city landscapes. However, the feverishly growing real estate has been affected by sluggish sales and even the government is concerned about the state of realty in the last few quarters. At a time when the real estate is battling issues like lack of price correction, cumbersome approval procedure leading to project delays and most of the developers find themselves in a cash crunch, investors are bound to be apprehensive of investing in the sector.  Good Times Ahead However, real estate analysts have predicted that there is no need to worry about the bubble burst and that real estate still remains a safe bet for investing your precious wealth. Knight Frank, a renowned realty advisory firm, have come up ...

From being just a suburb on the outskirts of Delhi to the miraculous ‘Millennium City’ , Gurgaon is today regarded as a city of opportunities and r eal estate investments in I ndia. Gurgaon houses a large number of Fortune 500 companies, making it a financial, outsourcing and commercial hub. This exponential growth in its commercial and industrial profile has led to an ever increasing demand for world standard housing, gated communities and apartment complexes, cutting across all segments of income level.  The burgeoning demand and the robust nature of development, especially residential, have fueled the need for a dynamic exercise on its master plan. The Gurgaon Master Plan-2021, unveiled by the government in 2007, was a step in that direction.  The major infrastructural projects unveiled in the master plan were the Southern Peripheral Road (SPR) and the Northern Peripheral Road (NPR); the focus of the master plan is on the development of new sectors, which are c...

Residential real estate in Gurgaon has seen a price appreciation of over 25%, the fastest surge in the Indian Real Estate Market, in the last one year. Gurgaon is registering the fastest growth in the real estate sector in the country. Developers are flocking to the region to launch new projects after prices here shot up by as much as 25% in the last one year. Recently, well-established realty players like Godrej Developer, Tata Realty from Mumbai and Sobha Developers from Bangalore launched their projects in Gurgaon. This has further infused the competition in the sector in the region. A large number of white-collar jobs have been created in Gurgaon after it emerged as a hub for IT and IT-enabled services in northern India. Also, owing to its proximity to the national capital Delhi, several Fortune 500 firms opened their offices here, employing hundreds of high-income professionals. And with Delhi already overcrowded, these people tend to buy houses in Gurgaon itself. But, th...

A report says that the NCR will have a total demand of nearly 10.2 lakh residential units, 249 lakh sq ft of office space and 66.6 lakh sq ft of retail space by 2013. With rising demand in residential, office, retail, and hospitality sectors, Gurgaon tops the demand charts. Forthcoming world-class projects, proximity and good connectivity to Delhi are a few factors driving these figures. Due to a lack of infrastructure and the surge in prices of available land in other parts of the NCR, Gurgaon and Noida are at the fore in catering to the demand for affordable and  luxury housing . In fact, for the sheer volume of residential units launched in these places, the NCR has a higher number of units compared to the other five metropolitan cities like Mumbai, Chennai, Bangalore, Kolkata and Hyderabad put together. According to a report released by Knight Frank India, nearly 86,000 residential units entered the market in financial year 2011-12. The developers and promoters were able ...

Real estate continues to be one of the most vibrant and profitable avenues to invest in the country. In almost all the markets, prices of residential real estate have appreciated in the last one year and real estate continues to be one of the most vibrant and profitable avenues to invest. Anuj Puri, the chairman and country head of global consultancy firm Jones Lang LaSalle India, says that investment in residential projects is currently the preferred route for investors, since the demand for homes in the metros and Tier II cities is virtually limitless. Commercial and retail spaces also present potentially lucrative investment propositions, especially in the larger cities, he says.  Belying the general perception of slowdown in the sector and economy, realty consultancy firm DTZ in a report says that India has seen a commercial investment transaction swell by over 600% in the fourth quarter (October-December 2011), as against the third quarter.  In almost all the markets, pr...

     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...

You must have heard much more about Dwarka Expresssway , its benefits and all from various people as well as realtors about investing in projects on it. Come lets see, what media says about it... Here is a report from one of the leading newspapers of India -

ABOUT ERA GROUP Ø STOCKLISTED Company with 5000+cr turnover Ø Reported audited profits of 290 cr in FY 09-10. Ø Been in business since last 20 years. Ø Has been a part of the ET 500 companies since last 05 years constantly improving rankings. Product portfolio: Multi-storied group housing to integrated townships, multiplexes to malls and IT/knowledge parks to hi-tech cities. Presence: Ø   Delhi, Faridabad, Gurgaon, Greater Noida, Jaipur, Meerut & Mandigobindgarh Ø   Era Infra has been ranked at 148 th position in Golden 400 by Dalal Street Investment Journal. About Project After a huge success of ERA 103, ON DWARKA EXPRESSWAY and ERA SKY VILLE SOHNA ROAD ERA LANDMARKS LTD. PRESENTS :- Ø   ERA SECTOR – 86, 2/3/4Bhk Residential Appt . GURGAON IN A SPRAWLING AREA OF 18ACRES Ø   This group housing is part of 130 acres Mega integrated Township planned by ERA in sec 86,Multility Utility Corridor 75Meter Wide Road From NH8, Gurgaon Ø   This will be self suffic...