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Showing posts with label sreindia.in. Show all posts
Showing posts with label sreindia.in. Show all posts
Tuesday, 10 September 2013
Bestech Grand Spa in NH 8 Sector 81 Gurgaon - SREIndia.in
Monday, 19 August 2013
Find affordable homes in Bahadurgarh, Delhi NCR
Delhi NCR
While talking of affordable properties in Delhi NCR, we undoubtedly first think of Bhiwadi or Dharuhera. However, Bahadurgarh, which starts immediately after crossing Mundka from Tikri border, is another location which can be looked at for reasonably priced properties. Having a gamut of residential options, this town is easily approachable through the National Highway (NH) 10.
Connectivity
“The NH10 (Bypass Road) not only connects Bahadurgarh to Delhi but many other towns such as Rohtak and Jhajjar. Additionally, Bahadurgarh will be connected to the Kundali-Manesar-Panvel (KMP) Highway resulting in an improved residential and industrial market,” says Rahul Rajgopal, Chief Marketing Officer of Ruhil Developers.
Further, Bahadurgarh will also be connected by the Delhi Metro by 2016. The construction of the metro already started in May 2013 and would touch areas such as Mundka Industrial Area, Ghevra, Tikri Kalan and Tikri Border.
Residential Developments
As compared to other NCR towns, there are not as many developers in Bahadurgarh. However, a few developers which are seen building their projects here include Omaxe, Era Group, HL Group, Ruhil Developers and KLJ Group. Homebuyers can choose from group housing and big townships projects which mostly offer 2, 3 and 4BHK homes. Some projects also offer villas and plots in sizes varying between 100 and 600 yards.
To be able to purchase these plots, one has to have a budget of Rs 2,700-7,200 per sq ft. “In the past two years, sectors such as 6, 7, 9 and 9A have seen prices rising rapidly due to their proximity to the newly built bypass road. These sectors have properties available in Rs 5,000-10,000 per sq ft,” says Gurpreet Singh of Sachdeva Associates. Apartments are available in a range of Rs 2,800-3,200 per sq ft.
Rahul Rajgopal, CMO, Ruhil Developers says, “Bahadurgarh holds a strong potential for both short to long term investment. The Metro might play a game changer for the town may bring in more end-users in the coming time.”
Social Infrastructure
Bahadurgarh is nowhere behind other NCR towns in terms of social infrastructure. “All the factors that impact livability such as schools colleges, hospitals and entertainment facilities are present here. The area also boasts of good job opportunities as it houses many industries such as Hindustan National Glass, Hindware, Somani Tiles, Parle and Yokohama,” adds Singh. In case you want to work nearer to Delhi, then Mundka Industrial Area is also just a few minutes away.
Shradha Goyal, MagicBricks.com Bureau
While talking of affordable properties in Delhi NCR, we undoubtedly first think of Bhiwadi or Dharuhera. However, Bahadurgarh, which starts immediately after crossing Mundka from Tikri border, is another location which can be looked at for reasonably priced properties. Having a gamut of residential options, this town is easily approachable through the National Highway (NH) 10.
Connectivity
“The NH10 (Bypass Road) not only connects Bahadurgarh to Delhi but many other towns such as Rohtak and Jhajjar. Additionally, Bahadurgarh will be connected to the Kundali-Manesar-Panvel (KMP) Highway resulting in an improved residential and industrial market,” says Rahul Rajgopal, Chief Marketing Officer of Ruhil Developers.
Further, Bahadurgarh will also be connected by the Delhi Metro by 2016. The construction of the metro already started in May 2013 and would touch areas such as Mundka Industrial Area, Ghevra, Tikri Kalan and Tikri Border.
Residential Developments
As compared to other NCR towns, there are not as many developers in Bahadurgarh. However, a few developers which are seen building their projects here include Omaxe, Era Group, HL Group, Ruhil Developers and KLJ Group. Homebuyers can choose from group housing and big townships projects which mostly offer 2, 3 and 4BHK homes. Some projects also offer villas and plots in sizes varying between 100 and 600 yards.
To be able to purchase these plots, one has to have a budget of Rs 2,700-7,200 per sq ft. “In the past two years, sectors such as 6, 7, 9 and 9A have seen prices rising rapidly due to their proximity to the newly built bypass road. These sectors have properties available in Rs 5,000-10,000 per sq ft,” says Gurpreet Singh of Sachdeva Associates. Apartments are available in a range of Rs 2,800-3,200 per sq ft.
Rahul Rajgopal, CMO, Ruhil Developers says, “Bahadurgarh holds a strong potential for both short to long term investment. The Metro might play a game changer for the town may bring in more end-users in the coming time.”
Social Infrastructure
Bahadurgarh is nowhere behind other NCR towns in terms of social infrastructure. “All the factors that impact livability such as schools colleges, hospitals and entertainment facilities are present here. The area also boasts of good job opportunities as it houses many industries such as Hindustan National Glass, Hindware, Somani Tiles, Parle and Yokohama,” adds Singh. In case you want to work nearer to Delhi, then Mundka Industrial Area is also just a few minutes away.
Shradha Goyal, MagicBricks.com Bureau
Sunday, 11 August 2013
Will property prices in Hyderabad remain affordable?
Amidst the long period of political uncertainty over Telangana issue, it was the presence of IT/ITeS industry that kept the real estate market of Hyderabad alive. Now that the issue is over and Hyderabad has been declared to be the common capital of both Andhra Pradesh and Telangana, the real estate sector in the city is expecting a major transformation – not in the short term though.
Property prices in Hyderabad are far less, compared to other metros such as Delhi, Mumbai and Bangalore. As per MagicBricks.com research, the average capital values of residential properties in localities such as Miyapur and Kondapur range in between Rs 2,500-Rs 4,000 per sq ft. Thus, you can expect a good 1,000-sq ft apartment in Rs 25-40 lakh. It is not that these localities are lagging behind or are situated far away from the city centre. They are among the top residential locations in Hyderabad, and enjoy decent physical and social infrastructure.
“In Hyderabad, property prices have moved very slowly as compared to other metros in the country. The buyer sentiment remained low and investors stayed away from the market due to political uncertainty,” says Afaque Ahmed, a city-based realtor.
Perhaps the lack of interest from the investor segment proved to be a blessing in disguise for the end-users. Properties are still affordable and price levels are moving realistically. In fact, as per MagicBricks.com research, the top localities such as Begumpet and Madhapur witnessed a drop of as much as seven per cent in capital values of residential properties, in the Jan-Mar 2013 quarter.
“Presence of active investors is good for real estate developers, but people who wish to buy a home for themselves have to bear the brunt of it. That’s what has happened in other metros where property prices keep rising for no major reason,” says Rajeev Kalra, a property dealer.
Meanwhile, now that the Telangana issues has been sorted out and the city will also be receiving Metro Rail, it will be interesting to observe whether Hyderabad remains an affordable, end-user driven market or becomes an investors’ heaven.
source:- http://content.magicbricks.com/will-property-prices-in-hyderabad-remain-affordable/
Property prices in Hyderabad are far less, compared to other metros such as Delhi, Mumbai and Bangalore. As per MagicBricks.com research, the average capital values of residential properties in localities such as Miyapur and Kondapur range in between Rs 2,500-Rs 4,000 per sq ft. Thus, you can expect a good 1,000-sq ft apartment in Rs 25-40 lakh. It is not that these localities are lagging behind or are situated far away from the city centre. They are among the top residential locations in Hyderabad, and enjoy decent physical and social infrastructure.
“In Hyderabad, property prices have moved very slowly as compared to other metros in the country. The buyer sentiment remained low and investors stayed away from the market due to political uncertainty,” says Afaque Ahmed, a city-based realtor.
Perhaps the lack of interest from the investor segment proved to be a blessing in disguise for the end-users. Properties are still affordable and price levels are moving realistically. In fact, as per MagicBricks.com research, the top localities such as Begumpet and Madhapur witnessed a drop of as much as seven per cent in capital values of residential properties, in the Jan-Mar 2013 quarter.
“Presence of active investors is good for real estate developers, but people who wish to buy a home for themselves have to bear the brunt of it. That’s what has happened in other metros where property prices keep rising for no major reason,” says Rajeev Kalra, a property dealer.
Meanwhile, now that the Telangana issues has been sorted out and the city will also be receiving Metro Rail, it will be interesting to observe whether Hyderabad remains an affordable, end-user driven market or becomes an investors’ heaven.
source:- http://content.magicbricks.com/will-property-prices-in-hyderabad-remain-affordable/
Wednesday, 7 August 2013
Delhi leads world in real estate price rise: Study
India has witnessed the sharpest appreciation in real estate prices in the last couple of years, according to data from the Global Property Guide, an organization which collates real estate data from across the world.
Property prices in Delhi witnessed the steepest appreciation of roughly 60%, when compared to cities from 43 other countries, for which figures were available from that organization. Interestingly, while this data set has information only for Delhi in India, official data on Indian cities suggests that Jaipur has seen an ever faster rise in residential property prices of 67% over this period.
Delhi's 60% rise in property prices over the past two years is nearly 20 percentage points higher than Brazil's Sao Paulo, which is the second fastest rising international property market. From the first quarter of 2011 to Q1-2013, Sao Paulo, the largest city in the Americas in terms of population, witnessed a 43% increase in real estate prices.
Hong Kong, the third fastest rising market for the same period, saw its property prices going up by 33%. Dubai also appears to be in a recovery phase after the bust of its early 2000s property bubble. The city witnessed a 29% increase in its real estate prices in the last year. The West Asian city had witnessed a marginal decline in prices between Q1-2011 and Q1-2012.
In the past two years, for which comparable data is available, only 12 of the 43 countries saw double-digit growth in property prices. Most of these are emerging economies, not surprising given the fact that Europe has been battling the century's worst recession. Other countries where property prices went up by more than 10% are Turkey, Estonia, Philippines, Norway, Iceland, Indonesia, South Africa and New Zealand.
The data indicates that property prices in America, the world's largest real estate market, are increasing as its economy recovers. The US real estate market saw prices appreciating by 9% between Q1-2012 and Q1-2013 after declining over the previous year. Similarly, Beijing's property prices too registered 8% growth during Q1-2012 to Q1-2013 after dropping in the previous year.
Other large economies which have witnessed a positive growth in property prices in the past two years are Germany and Japan, where real estate prices increased by 8% and 3% respectively. However, in Germany property prices fell by almost 2% over the last year after increasing by 9.8% between Q-1 2011 and Q1-2012.
http://timesofindia.indiatimes.com/india/Delhi-leads-world-in-real-estate-price-rise-Study/articleshow/21610114.cms?
The property market remains sluggish in other large economies. While France, UK and Russia saw stagnant real estate prices in the past two years, most other European countries are witnessing steep fall.
In Croatia, Netherlands and the PIGS countries prices have fallen by more than 10% during this period. The PIGS (Portugal, Spain, Italy and Greece - Southern Europe's most troubled economies) are witnessing the worst fall in property prices. Spain and Portugal witnessed a 15% decrease in property prices while in Greece they fell by 21%. Data was not available for Italy.
In India, nearly all cities have witnessed an upswing in property prices. RESIDEX, the NationalHousing Bank's property price index, indicates that only two of the country's 15 big cities have witnessed a fall in property prices since 2007- the base year of the index. (RESIDEX is also the source of Global Property Guide for Indian real estate data)
Except Hyderabad and Kochi which witnessed decrease in real estate prices the property market has appreciated across the country and many markets have witnessed growth, even better than Delhi.
Faridabad, Pune, Kochi, Bhopal, Mumbai and Chennai have witnessed higher rise in property prices when compared to Delhi. In the six years from 2007 to 2013 property prices have more than doubled in Delhi, Faridabad, Pune, Kochi, Bhopal and Mumbai while they have trebled in Chennai.
http://timesofindia.indiatimes.com/india/Delhi-leads-world-in-real-estate-price-rise-Study/articleshow/21610114.cms?
Property prices in Delhi witnessed the steepest appreciation of roughly 60%, when compared to cities from 43 other countries, for which figures were available from that organization. Interestingly, while this data set has information only for Delhi in India, official data on Indian cities suggests that Jaipur has seen an ever faster rise in residential property prices of 67% over this period.
Delhi's 60% rise in property prices over the past two years is nearly 20 percentage points higher than Brazil's Sao Paulo, which is the second fastest rising international property market. From the first quarter of 2011 to Q1-2013, Sao Paulo, the largest city in the Americas in terms of population, witnessed a 43% increase in real estate prices.
Hong Kong, the third fastest rising market for the same period, saw its property prices going up by 33%. Dubai also appears to be in a recovery phase after the bust of its early 2000s property bubble. The city witnessed a 29% increase in its real estate prices in the last year. The West Asian city had witnessed a marginal decline in prices between Q1-2011 and Q1-2012.
In the past two years, for which comparable data is available, only 12 of the 43 countries saw double-digit growth in property prices. Most of these are emerging economies, not surprising given the fact that Europe has been battling the century's worst recession. Other countries where property prices went up by more than 10% are Turkey, Estonia, Philippines, Norway, Iceland, Indonesia, South Africa and New Zealand.
The data indicates that property prices in America, the world's largest real estate market, are increasing as its economy recovers. The US real estate market saw prices appreciating by 9% between Q1-2012 and Q1-2013 after declining over the previous year. Similarly, Beijing's property prices too registered 8% growth during Q1-2012 to Q1-2013 after dropping in the previous year.
Other large economies which have witnessed a positive growth in property prices in the past two years are Germany and Japan, where real estate prices increased by 8% and 3% respectively. However, in Germany property prices fell by almost 2% over the last year after increasing by 9.8% between Q-1 2011 and Q1-2012.
http://timesofindia.indiatimes.com/india/Delhi-leads-world-in-real-estate-price-rise-Study/articleshow/21610114.cms?
The property market remains sluggish in other large economies. While France, UK and Russia saw stagnant real estate prices in the past two years, most other European countries are witnessing steep fall.
In Croatia, Netherlands and the PIGS countries prices have fallen by more than 10% during this period. The PIGS (Portugal, Spain, Italy and Greece - Southern Europe's most troubled economies) are witnessing the worst fall in property prices. Spain and Portugal witnessed a 15% decrease in property prices while in Greece they fell by 21%. Data was not available for Italy.
In India, nearly all cities have witnessed an upswing in property prices. RESIDEX, the NationalHousing Bank's property price index, indicates that only two of the country's 15 big cities have witnessed a fall in property prices since 2007- the base year of the index. (RESIDEX is also the source of Global Property Guide for Indian real estate data)
Except Hyderabad and Kochi which witnessed decrease in real estate prices the property market has appreciated across the country and many markets have witnessed growth, even better than Delhi.
Faridabad, Pune, Kochi, Bhopal, Mumbai and Chennai have witnessed higher rise in property prices when compared to Delhi. In the six years from 2007 to 2013 property prices have more than doubled in Delhi, Faridabad, Pune, Kochi, Bhopal and Mumbai while they have trebled in Chennai.
http://timesofindia.indiatimes.com/india/Delhi-leads-world-in-real-estate-price-rise-Study/articleshow/21610114.cms?
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