Indian Real Estate Market

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...

The smaller apartments are selling big! Presently, the maximum demand is for 2BHK residential apartments and the supply is fulfilling this demand. No wonder, some developers claim 55-60 percent of their current inventories are 2BHK units, because it is definitely the fastest growing segment, particularly since for the first-home buyers as they are at the beginning of their careers and married life. Seeing the rising demand of 2BHK apartments, Antriksh heights has come up with high end 2BHK apartments at affordable prices in sec 84 Gurgaon .  The maximum demand for the 2-bedroom units is from the middle-income group nuclear families typically a middle-class salaried employee hailing across sectors, like government employees, school teachers, or employed in the BPO, IT, banking and service sectors and also for the middle level self-employed professionals. This is likely for nuclear families with small kids where a third bedroom is not a necessity and not worth the additional cost....

All About Antriksh Heights Sec. 84 Gurgaon,  Residential Project,  For Best Deals,  Contact - 9811845382, CRE Solutions, Alok Upadhayay Project Name : Antriksh Heights Builder Name : Antriksh Group Project Type : Residential Apartment Location : Sector- 84, Gurgaon Contact Us : CRE Solutions Alok Upadhayay +9811845382 Group Housing Project is located very strategically in Sector - 84, of Gurgaon (NH 8), Haryana. With the release of the new master plan of Gurgaon, the real estate market of Gurgaon is witnessing the arrival of new investment opportunities primarily along NH- 8. With Delhi Metro and Several SEZs planned in Gurgaon, which will bring about tremendous housing along the corridor, makes the projects as hot investment opportunities. ABOUT ANTRIKSH GROUP. An ISO 9001:2000 Certified, Profit making, highly rising, Real Estate company with a...

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,”...

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...

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...