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Gurgaon Real Estate Market Sets The Pace

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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...

Gurgaon Tops In Demand Chart With Rising Demand in NCR Real Estate Market

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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 ...

Dwarka-Gurgaon Expressway Or Northern Peripheral Expressway, Turning Into a Hot Real Estate Investment Destination

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Dwarka-Gurgaon Expressway, also known as the Northern Peripheral Expressway, will be a significant area for investment, as the real estate sector has vast potential for a robust growth in the coming years. Top realty players like Chintels India Ltd, Sobha Developers, BPTP, Puri Construction, ATS, Antriksh, Rahejas, MGF EMAAR, Bestech, Uppal Housing, Indiabulls, Brisk, Mahindra Earth Infrastructure, etc, have launched their projects here. Also, with the rise in demand, the  prices in Dwarka-Gurgaon Expressway  have almost tripled – from Rs 2,250 per sq ft to Rs 6,250 per sq ft. Dwarka-Gurgaon Expressway  The 150-metre-wide and 18km-long  Dwarka-Gurgaon Expressway  is likely to be completed in the next two-three years. India Bulls bagged the contract for Rs 43.32 crore. The expressway will provide faster access to the airport and connect to the 100-metre-wide road proposed in the new master plan. The proposed expressway will touch Delhi near Dwarka Phase II, wh...

Real Estate As An Asset Gaining Popularity Among Investors

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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 ...

Kashish Developers Presents Manor One, Luxurious Residential Project in Sector 111 , Dwarka Expressway, Gurgaon

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If you are looking a apartment and the flats to live in There are many thing you will look for There are many factor you will see some common among them are the (security, a good location and a good lifestyle) you will think to purchase a flat in which all kind of amenities are available There are many new project has been launched by gurgaon real estate one of the most famous luxurious residential project is the Kashish Manor One this is the project which has been launched by the one of the very well known builder of Jharkhand is “Kashish Builders” If  you are looking  a good option in NCR. Kashish Manor One will be the best optionfor you. The Kashish Manor One Gurgaon has launched the air-conditioned apartments & villas at Sector 111 Gurgaon. This project is located at Sector 111 Dwarka Express Way Gurgaon looking for luxurious apartments in gurgaon Out of all the sectors located on the stretch of Dwarka Expressway, Sector 111, Gurgaon; is consider...

Serviced Apartments Gaining Popularity In India

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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...

Dwarka Expressway - Attracting Investors as Well as Buyers for Real Estate Investment for Best ROI in Delhi NCR Real Estate Market

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If we go with the words of the realtors in Delhi NCR dealing in various residential and commercial projects in Delhi/NCR and projects on much awaited Dwarka Expressway , which is being considered as one of the hottest destinations for investment in Delhi/NCR. A lot of people are skeptical about the question that, when the Dwarka Expressway will be operational. Some predict within this year i.e. by the end of 2012, while others believe that it will still take next 15 months. About 63% realtors believe that Dwarka Expressway will be operational within 2 years while about 30% think that Expressway could be operational within 1 to 2 years. Dwarka Expresway Construction Consumers who invest in residential property in Dwarka Expressway are mainly booking for the purpose of return on investment (ROI). According to a survey about 70% of the realtors believe that the key reason behind growing interest of investors for making investment in property in this growing corridor i...