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 ...

Indian property market is expected to remain stable in the near future even as prices in some of the international markets may fall 10-20% in the next 18 months, said global property consultancy services firm Knight Frank's proprietary partner and head of global residential agency, Lord Andrew Hay. "American (property) markets are improving but some parts of Europe like Italy, Greece, Poland, Spain and Ireland, that have fallen by 60% in the last 5 years, are still vulnerable," Hay told ET. "Indian real estate is in a unique position like Singapore where actual demand is at work and therefore would remain insulated," he added.  Hay thinks that despite economic and political changes in India, it's still a promising market. However, in order to emerge as a mature market, India needs to incorporate a framework combining transparent legal system, easy finance, liquidity in market and availability of thorough research about the market that allows one t...

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...

In the current scenario, the Chattarpur-Ghitorni road or NH-8 is the only option, if you have to travel from Delhi to Gurgaon. But it is not going to be the only option in near future as a new link in the form of a 150-metre-wide expressway is being developed between Delhi and Gurgaon called  Dwarka Expressway  or the Northern Peripheral Expressway. This 18km-long expressway will start from Sector 22 in Dwarka at the Delhi end and will meet NH-8 at a place called Kherki Daula (near Haldiram). In recent times, the sectors that lie alongside this expressway have emerged as an  attractive destination for real-estate  buyers and investors. Proximity to the international airport and close proximity to the capital city Delhi has enhanced the area's cachet in the eyes of investors and end users. Infrastructural advantages   No need to say that this area's biggest infrastructural advantage is the 150-metre-wide  Dwarka expressway . In comparison, the ...

The real estate industry in India offers promising and exciting investment opportunities. Supported by robust fundamentals, the country’s economy is on track to achieve a soaring growth trajectory. As a result, the country is expected to witness an urban transformation that will see many cities outgrow some countries in terms of population and GDP growth.  It is this transformation that is fuelling an increased demand in the sector and driving the industry to grow. Real estate as an asset class is gaining preference among investors although traditional investment class like stocks and bonds do hold their position. Investors with a longterm horizon should consider it as an important asset class and make this an integral part of their portfolio. Because unlike other asset classes which are more prone to short-term fluctuations, real estate being a medium to long- term investment, it minimises the risk of shortterm fluctuations and also is less volatile in nature. Real estate is ...

Holi is just five days away and you are bound to think of colours. You may even be thinking of giving a new look to your home and office using new colours.Admittedly, all colours are beautiful, and choosing the right ones is not easy. As it is, children, who enjoy Holi the most, would not mind if you were to start talking about colours for their room. Talking about the colour of your kids' bedroom, it is said that as a child grows into adolescence, it would be appropriate to use a brighter or darker shade of a colour. Just remember to keep it cheerful and not too overpowering. Children also require an environment that induces relaxation and proper sleep. The paint should be durable and one that can be kept clean with a simple soap and water solution. Asha Thakur, a Delhi-based interior decorator, says that the colour for a drawing room depends on the ventilation of the room and the amount of sunlight it receives. A north-facing room should not be painted blue as it will look co...

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  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...

It’s been said that the future lies in building and living in inclusive cities, integrated townships and self-sustaining environments. And this is what would lead to a lot of new trends, technologies, regulations for the realty sector in the coming year. Hope remains afloat in the form that after a spate of interest hikes in home loan rates by Reserve Bank of India (RBI) last year, 2012 would not witness any further drastic rise. “It’s important for the economy to break free of the vicious impact of inflationary pressures and countermeasures taken by the RBI. Home loan rates need to ease out, and the home buyers should feel assured of a stable equated monthly installments (EMI) outflow,” says Manoj John, Vice-President, Corporate Planning and Strategy, RNA Corp. Similarly, Dhaval Ajmera, Director, Ajmera Realty and Infra India, points out that it’s fortunate that this time the RBI has not increased the repo rate. “We expect the home loan rate should come down at an affordable limit,”...

Builders will have to register themselves before launching housing projects, stick to the approved plans and refund money to homebuyers in case they default, after the government brings in a new law aimed at bringing in more accountability and transparency in land and home transactions. The Real Estate (Regulation and Development) Bill, 2011, which is expected to be tabled in Parliament during the upcoming winter session, will also pave the way for the setting up of the Real Estate Regulatory Authority, an industry watchdog that will keep a lease on land sharks and fly-by-night operators. Union minister for housing and urban poverty alleviation, Kumari Selja, on Friday unveiled a new draft bill for public consultation. The draft has also recommended that builders set up a separate escrow account to compulsorily deposit 70% of the funds received from buyers and to ensure that these funds are used for that real estate project only. An earlier draft had proposed that the developers wo...

     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...