Country’s Leading Real estate major DLF Group launches Much awaited Project DLF Express Greens in Sector M 1 Gurgaon

August 26th, 2008

Booking open for  DLF Express Greens at M-1 , Manesar , Gurgaon.
 Book Today to avoid disappointment.

DLF EXPRESS GREENS
New Gurgaon


We at Realtygurgaon.com are happy to inform you that DLF Homes has launched New Residential project “DLF Express Greens” Sector- M-1,  Gurgaon after its great success of “DLF New Town Heights” in Sec 86, 90 and 91. DLF Express Greens is spread over Approx. 14 Acres and consisting high rise Apartments (3 & 4 BHK) along with Townhouses and Independent Floors located in Sector- M 1, Manesar in Gurgaon at very affordable prices. Project will be surrounded on two sides with extensive gardens and woods. It comes loaded with amenities like a clubhouse, school, utility shopping and indoor and outdoor sports facility and surrounded by greenery.

Location: Sector- M-1, Manesar Gurgaon.
Just 10 minutes driveway from IFFCO CHOWK,1.5 Kilometers ahead of McDonalds on the left of the NH8.

 High rise Apartments along with Townhouses and Independent Floors.

Super Area Apartments :
                         1760 sq ft ( 3 Bedroom with Servant Room)
                         2125 sq ft (4 Bedroom with Servant Room)

 Townhouses : 2960 sq ft & 3070 sq ft

 Independent Floors : 2860 sq ft 

 Booking Amount For Apartments : Rs. 5 Lakhs in favour ‘ DLF Home Developers Ltd.’

Site Size:  Approx. 14 Acres
Expected Prices:  Rs 50.00 lacs onwards
Realtor’s Contact : +91.987.111.4970
Email :  realtygurgaon@gmail.com
Web     :  www.realtygurgaon.com

Tough time for new home buyers

August 15th, 2008

                     During the month of July 2008 as a follow up measure to curb inflation by RBI , Interest rates on home loans have gone up by 1 to 1.5% age points i.e. from around 10.5% to about 12% . Shocking news for home loan buyers is that there is no sign of relief even in the coming 12 months and these rates may again be going up still further to curb inflation. The above increase has put additional burden of about 10% on existing home loans in their EMI’s.                   

                  According to experts in real estate sector, residential sector is likely to get affected maximum both from supply and demand quarters.

                        Inflation and repeated interest hikes are likely to hit real estate sector badly as input costs as per developers have gone up by about 10% due to inflation and accordingly the prices of their products are bound to rise upward accordingly. Looking at the scenario currently going on, there are chances of deferment in launching  of new projects by the developers .

                      With the increase in CRR and SLR by RBI, most of the PSU banks have raised their benchmark lending rates by up to 0.75% prime lending rates, therefore, have now gone up as high as 13.25% to 14%. Only consolation is that this increase will not apply to existing housing loans and further, this increase will not apply even to fresh home loans up to 30 lacs.

                     The above relief however, applies to a very low segment of existing and fresh home-loan borrowers and unless some urgent and immediate slips are taken to curb inflation and necessary correction in lending rates, it is likely to hit real estate industry the most.

Hope for homes at affordable price in Gurgaon.

May 24th, 2008

        For middle - class families dreaming a home of their own could soon become a reality , going by the proposal under consideration of Haryana Government . If all goes well and these proposals see the light of the day , a single B/R apartment could be available at around 12.5 to 13 Lacs and a two Bedroom apartment at about 25 lacs.
                                                                                              Realty Gurgaon                              

             It is understood that Haryana Govt is seriously considering allowing construction of more flats per unit of area of land by increasing floor area ratio in select areas. Infact , certain developers like Raheja’s and Bestech group have asked the State Govt to increase FAR and population density from approx 50 Apartments to 200 one bedroom apartments per acre of about 500 Sq ft area . Similar will be the case in 2 Bedroom apartments  . Haryana Govt is positively looking into these proposals and is studying at certain other aspects like the road and civic infrastructure.

       In case the proposals get final nod of Haryana Govt middle or lower middle class people could turn their dreams into reality of owning a house of their own.

Effects of Budget Proposal on Realty Sector

March 11th, 2008

               Hon’ble Finance Minister Sh. P . Chidambaram after giving sops to farming sector by waiving loans of Rs , 60,000 Crores and reducing tax liability of the Tax Payers in his Budget proposals for 2008 - 2009 has now come up with an advisory to the banking sector to further cut interest rates for boosting demand and supply in real estate. He has specifically asked banks to further reduce lending rates to home loan borrowers at least with the ceiling of at lease home loans upto 20 Lacs .  Real Estate   The announcements in the budget will certainly give further impetus to the economy.     In real estate sector, no doubt, he has not given any direct sops but reduction in the tax liability by tax payers is a welcome step whereby surplus funds available with tax payers by savings in their tax liability can be utilized for raising home loans .         

        The measures like 5 years tax holiday for setting up hotels in Unesco world heritage sites and similar sop for hospitals will give impetus to health technology. Waiver in excise duty on buying bulk steel and cement will prove to be a big sop in real estate and infrastructure developers. Again allocation of funds for national highways, will further boost construction activity.             

         Now with his specific demand from banks for reduction in interest rates, it will not be long before real estate sector will again touch near the interest rates two year before. Although banks are resisting the fresh move immediately after some of them lowered there interest rates by about 1-2 percent during the last one and a half month, it will be very difficult for them to ignore the advisory for long.  

Gurgaon at Global Scenario

January 25th, 2008

            Due to unparallel growth in Indian Economy and infrastructure facilities available , Gurgaon due to its strategic geographical location and in close proximity to International airport is fast emerging on International scene for Industrial and commercial activities . Hundreds of International companies have established their Corporate Offices here and there is unforeseen inflow of business houses desirous of operating from this area, due to economic factors favourable like low cost of Land, labour and investment.        

             Naturally, therefore, there is bound to be spurt of national and international businessmen / executives desirous of seeking residential accomodations of their own or
on lease /rent . There is no derth of Independent Villas / high-rise apartments /Condo’s / Studio apartments with international specifications and state - of - art buildings with world class facilities available at most affordable and cheap rates.    
       

         Incase you are looking for investment in Industrial , commercial or residential spaces or  looking for such spaces on Lease you can unresistingly look towards most experienced and dedicated team of executives at Realty Gurgaon whose services you will never find lacking in satisfying your need.

Leasing of Residential and Commercial real estate in Gurgaon

December 11th, 2007

Renting / Leasing of Residential, Commercial and Office Space in Gurgaon has assumed added significance in Gurgaon due to realty crunch in NCR and its satellite townships.

Rentals in Delhi have increased to 200-300% over the last 2 years of Residential / Commercial Properties and due to this reason the aspirants are running towards its satellite townships where comparatively increase in rentals of residential / Office spaces have not gone up so high. commercial real estate Another reason why Gurgaon is attracting people to live in is its close proximity to Delhi and  International Airport.

Establishment of hundreds of corporate offices of multi-national companies and upcoming of hundreds of residential / commercial projects have added glory to this township side by side development of infrastructure like roads , express highways , metro link to Delhi  and other civic amenities are adding demands of residential / commercial and industrial spaces here. Despite upcoming of various commercial and residential projects, supply of these spaces is not coping up with demand and it is high time for
govt. agencies to frame up policies which attract real estate developers to put in extra efforts to narrow the gap between supply and demand of these spaces

Real Estate Boom in India

November 20th, 2007

Everyone knew that the parcel of land in the heart of Delhi (NCR), India’s business hub, would bring a high priceIndia’s property markets are in a frenzy, driven largely by the rapid expansion of its information technology industry and the simultaneous growth of its middle class. In the land-starved island city of Delhi, property prices are up 25% in thereal estate past six months. Although no one keeps national statistics, international property consultant Knight Frank says there are thousands of commercial, retail, and residential projects springing up across the country. In 2004 developers erected 18 million square feet of commercial buildings in India. This year 23 million sq. ft. of new space will come on the market, and by 2009 the number will rise to 50 million, according to global real estate services provider Cushman & Wakefield. Retail and residential development is growing even faster.

The building surge is modest compared with China, where 25 million sq. ft. of commercial and 200 million sq. ft. of residential space will be built this year in Beijing alone. But experts think India has as much potential as China - especially if the government removes a tangle of restrictive regulation. The investment hot realty spots now are the tech-driven growth centers of Bangalore, Mumbai, Hyderabad, Chennai and Gurgaon. The real estate boom has also hit second-tier cities such as Pune in the west, Jaipur and Chandigarh in the north, and Kolkata in the east.

Even those in the business are surprised at the rapid runup in prices - and worry about a correction. “It’s madness, especially with all the unplanned development,” says K.G. Krishnamurthy, chief executive of the HDFC Property Fund, one of seven new private equity funds focused on real estate that have launched in India in 2005. Nearly $1 billion has poured into the funds so far this year.

Commercial Real Estate Property in India

November 17th, 2007

The term Real estate India refers to immovable property or real property such as a building or land. Commonly said real estate is the legal term provided to the immovable property. With the development of the real estate and the emergence of the private or public sector in the real estate, it has become a major area of business.

Purchasing and selling a real estate property means high amount transaction and a significant investment; hence reliability, trust and faith plays a major role in this field. Depending upon the hour of the need the real estate business required specialization in fields like real estate marketing, appraisal or valuation service, brokerages, property management etc Within each field, a business may specialize in a particular type of real estate, such as residential real estate, commercial properties, or industrial property. In addition, almost all construction business effectively has a connection to real estate or commercial Properties.Realtygurgaon.com is perfectplace in all fields. You will find all services for real estate marketing, investment property, real estate for sale and commercial property for sale in India.Real Estate India

An important term used among the terminology of the real estate is the market value and price. The market value is similar to price of a commodity but has some difference too. The definition of market value it is that Market Value is an estimated amount at which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arms-length transaction after proper marketing wherein both the parties have acted knowledgably, prudently, and without compulsion.

Market value is the fluid concept, ever changing, while price is a historical fact at a time of transaction. A price obtained for a specific property under a specific transaction may or may not represent that property’s market value: special considerations may have been present, such as a family relationship between the buyer and seller, or else the transaction may have been part of a larger set of transactions in which the parties had engaged.

Commercial property India is committed to providing exceptional commercial real estate services across all commercial property types and service lines. Whether you are looking to acquire, sell, lease, or develop commercial property, or your interest is in real estate agent, real estate marketing, real estate investment, real estate companies, rental property, real estate sales, commercial property for sale or whatever related to commercial property we have solution for your requirement.