Realtors eye NRIs for housing projects

Presenting India as one of the few high-return real estate markets in the world, over three dozen property developers from the country have come here to attract UK-based NRIs to invest in housing projects back home.

These developers, which include real estate units of large conglomerates like Mahindras, L&T, Godrej and Adani group, would participate in a two-day home fair organised by housing finance major HDFC.

The other realty players participating in this fair include Sobha Developers, Purvankara Projects, Ansal Properties, Unitech Ltd, 3C Company, Emmar MGF, Lodha Group and Hiranandani Constructions.

"There is nothing like owning a home in your homeland," HDFC Managing Director Renu Sud Karnard said.

"Demand for residential housing has witnessed rapid growth through corporate expansion out of the major cities. Amenities such as shopping and recreational centres, and even the infrastructure in these towns can surpass even the major cities. It's an opportune time for NRIs to invest in property in India," she added.

Nearly 40 developers participating in HDFC Indian Homes Fair here would showcase thousands of properties.

NRIs have been known to have a natural affinity towards their homeland and the depreciation of Indian rupee against the dollar makes has made it a win-win deal, experts said, while adding that the benefits from rupee fall is however only for a short period of time.

The developers are also trying to project Indian real estate market as an attractive destination in the backdrop of sinking property prices across the world.

Realty developers from India plan to hold similar fairs in other major global centres in the US and Europe as well.

But some NRIs stay away from investing in Indian real estate properties owing to lack of clarity on regulations and legal issues, as also due to insufficient information on projects and prices.

Karnad said that HDFC would look to work towards removing the misconception that "it is very complicated for NRIs to take out India property applications from the UK.

"HDFC has a base in London, and we can facilitate the process right here. It's safe and secure," she added.

source:- http://businesstoday.intoday.in/story/realtors-eye-nris-for-housing-projects/1/196669.html

Green homes to attract lower interest rates on home loans

Buyers of certified green and energy-efficient homes will get home loans at lower interest rates, with a memorandum of understanding for this being signed on Friday between the Indian Green Building Council (IGBC) and National Housing Bank (NHB).

The purpose of this MoU is to jointly enhance and promote the adoption of energy efficient and 'Green' homes concept in India .

"Going green is indeed an imperative to ensure a sustainable tomorrow. I hoped the MoU will go a long way in promoting green homes and facilitate India emerge as one of the global leaders in green buildings," said Arun Kumar Misra, secretary, ministry of housing and urban poverty alleviation.

The IGBC, a part of the Confederation of Indian Industry (CII), is involved in promoting the green building movement in India.

The council is represented by all stakeholders of construction industry comprising of corporate, government and nodal agencies, architects, product manufacturers and institutions.

Arnab Roy, executive director, NHB, hoped that the partnership will have excellent results in further enhancing green and energy efficient homes in the country.

"NHB with the support of IGBC would offer the fund to home finance companies that are willing to transfer the benefit of concessional interest to buyers of green and energy-efficient homes," said.

source:- http://businesstoday.intoday.in/story/green-homes-to-attract-lower-interest-rates-on-home-loans/1/196694.html

Lokpal Bill must be salvaged

Time to end discord and move forward

The much-anticipated Lokpal Bill, which is being looked upon as a panacea for rampant corruption in the country, is at the crossroads, with government and civil society activists on the joint drafting panel trading charges and betraying woeful lack of mutual trust. With the final round of discussions of the panel slated for June 20 and 21, it is anybody’s guess whether there would be a last-minute compromise or whether the two sides would drift further apart, jeopardizing the Bill itself. The atmospherics are certainly not inspiring. It is not conducive to an agreement when civil society spokesman Arvind Kejriwal avers publicly that what the government is now bringing is not a Lokpal Bill but a ‘Jokepal’ Bill. This when the government members’ spokesman V. Moily is claiming that there has been agreement in principle on 34 of the 40 points of the draft Bill and that the discussions on June 20-21 will focus on the six contentious points on which there is discord.

In the crucial final round, both sides would need to move earnestly towards breaking the logjam. The civil society members’ demand that the Prime Minister and the higher judiciary be brought within the purview of the Lokpal Bill which the government finds unacceptable are not intractable issues. Mr Moily’s olive branch on ‘revising’ the Judicial Standards and Accountability Bill 2010 to provide more stringent steps to tackle corruption in the higher judiciary deserves to be examined. On the government’s part, bringing the Prime Minister within the Lokpal Bill’s purview is worth considering while knitting in some safeguards against misuse. The civil society demand for a structure outside the government to cover all government employees seems impractical because of the sheer size of numbers. Bringing the conduct of MPs in Parliament under the Lokpal is another contentious issue on which the civil society members will need to be realistic.

Some ground has surely been covered on a legislation that has been hanging fire for four decades and the Anna Hazare-led movement has certainly catalyzed this. It would be grave folly for either side to now jeopardize a positive outcome. A greater mutual spirit of accommodation would go a long way in satisfying people at large of the panel’s good intentions in combating the monster of corruption.

source:- http://www.tribuneindia.com/2011/20110618/edit.htm#1

Sell Property in Gurgaon

Bharti Walmart opens 7th store

New Delhi, June 17
Bharti Walmart Pvt Ltd, a joint venture between Bharti Enterprises and Walmart Stores Inc, today opened a wholesale cash-and-carry store at Raipur, in Chhattisgarh, taking the total number of outlets in India to seven.

“We have invested $7 million in Chhattisgarh and created over 200 jobs, of which about 40 are from the tribal community..., We have already received a very good response to this store with over 25,000 registered members,” Bharti Walmart MD and CEO Raj Jain said.

The new ‘Best Price Modern Wholesale’ is spread over 53,000 sq ft and stocks over 5,500 items, including foods, fruits and vegetables, groceries, personal and home care items, hotel and restaurant supplies, apparel and general merchandise items. — PTI

source:- http://www.tribuneindia.com/2011/20110618/biz.htm#3

Punjab govt cancels Omaxe project in Patiala

Chandigarh, June 17
The Punjab Government today decided to issue a project termination notice to real estate firm Omaxe Limited for allegedly failing to give the promised employment in its integrated township project at Patiala.

The decision was taken during the 44th meeting of the Punjab Urban Planning and Development Authority held here under the Chairmanship of Punjab Chief Minister Parkash Singh Badal, an official release said.

Omaxe has allegedly failed to give employment to 1,000 people in the IT and Bio-Tech sectors at the end of third year (August 9, 2010) after commencement of the project. Another 3,000 people were to be given employment by the end of the fourth year, a spokesperson said.

Omaxe was to develop IT and Biotech sector on 1.5 lakh square feet of area, which was to be part of integrated township project in Patiala.

The state government also announced that in future, the entire development of the said project would be done by Punjab Urban Development Authority (PUDA).

Meanwhile, Omaxe has strongly contested the desion. An Omaxe spokesperson said it released ads inviting expression of interests for IT and Bio-tech parks but the company and Patiala Development Authority (PDA) didn't receive any response.

The permissible time for developing the IT & BIO-tech park in PDA Omaxe City is four years ending on August 2011.

The company and PDA is adhering to the provisions of the Joint Development Agreement (JDA) and despite several attempts to sell IT & Bio-tech parks, it didn't get any response due to economic slowdown and market dynamics which is beyond its control, he said.

The steering committee (comprising of two members from PDA and two members from Omaxe) requested the Punjab government for an extension of two years for developing the these parks, spokesperson added. — PTI

source:- http://www.tribuneindia.com/2011/20110618/biz.htm#3

Property Investment in Gurgaon

India likely to be largest economy by 2050, says US official

Kolkata, June 17
US Assistant Secretary of State (Bureau of South and central Asian affairs) Robert O Blake today said the future of Indian economy seems very bright and the country is likely to become the world's third largest economy by 2030, and the largest by 2050.

He added, “The incredible growth of India's economy has resulted in positive spillover effect for the US between 2002-2009, US goods exports to India quadrupled, growing from $4.1 billion to more than $ 16.4 billion in 2009.”

Last year, US-India trade in goods broke a record with US exports increasing by 17 per cent and US imports from India rising by 40 per cent, he said during a seminar in Kolkata. — PTI

source:- http://www.tribuneindia.com/2011/20110618/biz.htm#3

Paras Quartier Gwal Pahari Gurgaon Faridabad Highway - SREIndia.in

Paras Buildtech India Pvt. Ltd is one of the budding real estate companies that are making a cutting edge in the industry. With its high level of commitment and dedication, the company has gained impeccable repute in very short span of time. Paras Buildtech has come up with its new super luxury residential project on Gurgaon Faridabad Road, Paras Quartier Gwal Pahari Gurgaon. Its high levels of integrity and dedication have made the company one of the most respected real estate developers. It is a pioneer in conceiving and executing large sophisticated real estate projects in both commercial and corporate segments, bringing together the unmatched experience & expertise of India's most reputed business conglomerates. 

Paras Quartier is a progressive, future-focused, Indian real estate company that is at the cutting edge of its industry. Paras Quartier Gwal Pahari Gurgaon will be an exclusive address in the city which is spread over 10 acre land area. Paras Quartier is a well-designed and well-planned residential real estate project, where the users will own a ‘two apartment-per-floor’ design from where the panoramic view of 360 degree can be clearly viewed.   All the appliances, accessories, floorings and raw material used in building have been imported from international reputed vendors. The team of skilled professional engineers and architects have designed these attractive as per latest industry standards.  As can be inferred from this location, it will be easy to go to Faridabad and parts of Gurgaon from here. Moreover, this road is often taken to reach prominent places in South Delhi including Saket. Paras Quartier is an upcoming super luxury project on Gwal Pahari, Gurgaon Faridabad Road. Another reason why it is popular within Gurgaon is that it lies close to commercial and residential development witnessed along the Golf Course Road, the hub of activity within this city. Property prices on this stretch are quite high. As Paras Quartier Gwal Pahari Gurgaon  is situated close to Golf Course Road and not on it, people can invest less money and can help themselves to similar location advantages at a cheaper rate.

Some renowned neighbourhood landmarks include DLF City Phase V and other luxury projects by DLF such as The Aralias, The Magnolias, Central Park I.

Area:

5800- 6000 sq ft

Feature of Paras Quartier Gwal Pahari Gurgaon Faridabad Highway: –

ü  100% Glass Facade in the Paras Quartier Gwal Pahari Gurgaon building designed to international standards International standard design and elevation

ü  Only 2 apartments to a floor in the magnificent  Paras Quartier

ü  Apartment Size- 5800-6000 Sq Ft.

ü  360 degree panoramic view from each apartment in Paras Quartier

ü  World class fittings, fixtures and appliances

ü  Exclusive roof top club with swimming pool

fi; � o p �K' �~' span>

It is seen that majority of the people who work here plan to settle here and buy a home in Gurgaon. Top level professionals consider the luxurious surrounding and status living of the area and have preferred to buy a home in Gurgaon.

Which is profitable…. buying a ready flat or buying a plot in Gurgaon?

Buying a plot in Gurgaon is somewhere close to buying a plot in Delhi Ncr but buying a ready flat is a different story. If your plan is to buy a plot in Gurgaon central then chances of getting one is zero percent. This same situation when we try to buy a plot in delhi NCR. However when we move towards old and outskirts of the city we have fair chances that we can buy a plot in Gurgaon.

Now that you finally decided for buying property for investment purposes in Gurgaon, or buy property in Gurgaon for residential purposes or buy a plot in Gurgaon it is advisable to take suggestions from property investment advisors too. 

source:- http://www.sreindia.in/featured_deals.php?propname=Suncity-Business-Square

  

Buying Property in Gurgaon -

In the opinion of industry experts, the year 2013 will be a booming year for the real estate sector. The main reason for this is growth in buying property in gurgaon is investment.  Investing in real estate inIndia is one of the most preferred investment avenues today. Survey shows that 91 percent of people want to buy property for investment purposes in Gurgaon and all over India. Surprisingly Delhi-NCR tops the chart of real estate investment. It is suggested by the property investment advisors as well. Among all the regions and towns in the NCR, buying property in Gurgaon is one of the best options for investment. So it is highly advisable to Buy Property in Gurgaon now. Even if your unable to buy a ready flat , you can buy a plot in Gurgaon which will reap results later.

Why would someone buy property in Gurgaon?

First of all it is close to the National Capital. Secondly, it is close to services like the international airport. Gurgaon also offers better standards of living as compared to other cities. So whether you live or buy plots in delhi ncr , buying property in gurgaon for investment purposes, or simply buy property in Gurgaon,or buy a plot in Gurgaon, it is a right decision. The growth of multinational companies in the area and availability of job opportunities makes many interested in buying property in Gurgaon.

Buying Property in Gurgaon which will offer people a good chance to live nearby their work-site. So those who find suitable employment in the area often decide to buy property in Gurgaon and settle their life in this fast-growing city. Superior and ultra-luxury flats, residential flats are up for sale in new gurgaon. Builders offer top quality facilities in their societies. They invite people to buy sell rent property in gurgaon, buy property in Gurgaon and have lucrative deals.

There are many commercial properties in Gurgaon and each commercial Property in Gurgaon is highly sought after by the investors now. There is no doubt for any of the investors that their investment is done in one of the best locations in India. They expect greater returns and their expectations have never been in vain so far.

Why Buy property in Gurgaon?

Because it is developing, because it is leading, because it is no less than a metropolitan city and many more reasons. High return on investments being the biggest reasons of all.

Why buy homes in Gurgaon?

Homes here are fully furnished and are a value for money choice. Here undoubtedly the cost of living is high but when you buy a home in Gurgaon there is nothing else one can ask for. Such beautiful homes in a planned city are rare to find.

It is seen that majority of the people who work here plan to settle here and buy a home in Gurgaon. Top level professionals consider the luxurious surrounding and status living of the area and have preferred to buy ahome in Gurgaon.

Which is profitable…. buying a ready flat or buying a plot inGurgaon?

Buying a plot in Gurgaon is somewhere close to buying a plot in Delhi Ncr but buying a ready flat is a different story. If your plan is to buya plot in Gurgaon central then chances of getting one is zero percent. This same situation when we try to buy a plot in delhi NCR. However when we move towards old and outskirts of the city we have fair chances that we can buy a plot in Gurgaon.

Now that you finally decided for buying property for investmentpurposes in Gurgaon, or buy property in Gurgaon for residential purposes or buya plot in Gurgaon it is advisable to take suggestions from property investment advisors too. 

 source:- http://www.sreindia.in/buying-property-in-gurgaon.phphttp://www.sreindia.in/buying-property-in-gurgaon.php

The 3W’s of selling property - SRE India.in

In our earlier article we have already discussed about property investment in great detail. We emphasized more on property selling. Let us understand the concept of Selling in a better way. Selling property is easy only if you have polished your skills and have trained yourself in such a way. You must have heard people from the sales fraternity say; “Close the deal” or use phrases like “Strike the iron when it is hot.” Well, closing the deal is most important part of selling. However, experience and skill is what which gets one here. Let us be a more specific towards Property selling and try to get into a property sellers shoes to assess the job better. Firstly you should be well versed with the 3W’s of property selling namely, WHY to sell? , WHAT to sell? and WHEN to sell?

So our first question is “WHY TO SELL?”

This is purely a matter of your consideration and requirement. One faces lot of challenges and adverse circumstances in life. Talking about financial adverse circumstances, it is your property which can rescue you. If selling property is the only answer to your financial problem then you should soon take a decision soon. Also sometimes it is profitable to sell your property when the market is favourable and promising.

Here comes our second question that is “WHAT TO SELL?”

Sellingproperty doesn’t mean that you arbitrarily select one of the properties out of your investments and sell it. Rather you have to be cautious while taking such a decision so that you get maximum returns out of your transaction. So if you have a property that is not worth keeping as an investment then you can consider it for selling purposes. Similarly if any of your property has no scope of further revenue generation then you can sell it at the best rate.

Our next question is very closely associated with the second one, it is about “WHEN TOSELL?”

This is quiet tricky to answer because it depends both on your requirement and market forces. In case of urgency there is no question of the right time. Under normal circumstances, the decision is based upon detailed market research and analysis. You should always stay updated with real estate industry trends and should closely follow amendments in laws and regulations. Also keep an eye on the various proposals which you must be getting from probable customers. There is no harm in cashing the right opportunity.

Once again we’ll advice you to discuss the matter in great detail and go for real estateadvisory services as well so that you get the right price for your property. The above discussed points will surely help you to take better decisions while planning to sell your property.

visit:- http://www.sreindia.in/sell-property-plots-in-delhi-ncr-gurgaon.php 

Anant Raj Estate in Sector 63 A Gurgaon SRE India.in

searching for an affordable residential property in anant raj estate in sector 63 a gurgaon. Anant Raj Estate in Sector 63 A Gurgaon, Residential Apartment in Anant Raj Estate, Anant Raj Estate Sector 63 A Gurgaon, Residential flat  in Anant Raj Estate, anant raj estate 63 a gurgaon, anant raj estate gurgaon, anant raj estate sector 63a gurgaon, 2bhk in anant raj estate sector 63a gurgaon, 2bhk in anant raj estate gurgaon

http://www.sreindia.in/featured_deals.php?propname=Anant-Raj-Estate