uday property

LOWER PRICE FOR REAL ESTATE
02:52, 2008-Nov-21

 

 

There is a very hue & cry about reduction in real estate prices. There are

many reports in the media that prices of property have come down but the

fact is that prices of properties are the same as of earlier. To come over

the problems of slow down in the demand of property some builders and

developers have started giving freebies like luxurious cars, free club

membership, etc. in case of premium apartments. But they have maintained

the prices of flats/plots. Unless property prices show visible corrections

in the listed prices of  existing  projects and lower prices of future

projects, the demand for  the real estate sector will not improve. Though

freebies are being given, the buyer is to pay more stamp duty for the

higher priced property.

 

Some leading banks have reduced rate of interest for home loans at the

instance of government authorities. It is a welcome step. But in view of

slump in the real estate sector and job loss in some sectors on account of

recession in the market, banks have made their norms more stringent for

home loans which have discouraged the home buyers.  Reduction in rate of

interest of  home loans will not fetch results till the financial

institutions come forward with liberal norms for grant of home loans.

 

If government authorities are interested in real sense to solve the

slackness in real estate sector then they should come forward with some

incentives like reduction/removal of value added tax, service tax, stamp

duty, etc. Government should frame the policy that sale and purchase will

be made by those property dealers/ consultants who are having government

license. This will reduce the influx of property dealers in the market

which will help in controlling the property prices.

 

Our web-site : http://www.zameen-zaidad.com hopes that on resorting to above said

measures, real estate sector will start boosting again.

GREATER NOIDA AND REAL ESTATE
15:47, 2008-Nov-18

 

 

Greater Noida is one of the prime cities of Uttar Pradesh. This city

enjoys proximity to the 2010 Commonwealth Games site in Noida, thereby

making Greater Noida a highly viable investment centre for real estate.

Both residential and commercial properties in Greater Noida are bound to

bring high returns.

Big companies like LG Electronics, Asian Paints, Moser Baer, Videocon,

Escorts Yamaha Motors, etc. are providing big job opportunities in the

area.

Taj Expressway from Noida to Greater Noida upto Agra will give excess to

more & more people to Greater Noida.

International Airport hub has been planned closed to Greater Noida city to

facilitate tourism, cargo, aviation and non-aviation facilities.

There is a proposal for India’s first state-of-the-art Exposition Mart for

Cottage and Handicraft sector at Greater Noida. This is being set up by

Export Promotion Council for Handicrafts, Ministry of Textile, Govt of

India.

Caparo Group United is setting up a unique socio-cultural centre in

Greater Noida. This centre would provide an opportunity for organizations,

business executives, academicians and professionals in the field of

business, marketing, public relations, human resource development and

general management.

An integrated transportation Hub is being developed by Greater Noida

Authority in the city. The proposed transport Hub will provide services

for the range of transportation modes including Inter State Bus Terminus

and a Railway Station. It will function as major transfer point for bus

and rail transmit operations.

Night Safari is being developed in the city in order to create awareness

about environment & ecology to provide a source for recreation to

residents and to spur tourism in Greater Noida. It is being developed on

the lines of open Zoological gardens already established in China and

Singapore.

All the above have helped in giving boost to real estate sector in Greater

Noida.

We are the real estate consultants in the names of Shri Aditya Estate and

M/s Bhardwaj Buildtech India Pvt Ltd working successfully for the last one

decade. We have got a very vibrant team and reputed portals. We provide

our services for the best rates and transparent deals. Concerned persons

can contact us through our web-site : http://www.zameen-zaidad.com.  And

http://www.propertycafeteria.com

      

NEW OKHLA INDUSTRIAL DEVELOPMENT AUTHORITY
23:40, 2008-Nov-9

 

 

RESIDENTIAL PLOT SCHEME--2004 (01) – FINAL LOTTERY DRAW RESULT

 

PLOT CATEGORY – 04 (450 SQ M.)

 

The subject draw has been conducted on 05.11.2008. Those who have come out successful are lucky persons and our website congratulates them. If the  successful applicants are facing with difficulties to avail the loans for making payment to the Noida Authority, then our company staff can assist them to avail the home loans from the leading nationalized banks / financial companies at the best available rates.

 

Further those who have not come out successful in the above said draw, they should not feel frustrated. They can visit our portals/websites http://www.zameen-zaidad.com to have sites/flats of their likings. Our company staff is vibrant and well versed with the real estate strategy. Our versatile team can provide best services to those who could not have lady luck to have plot in the draw.

 

We look forward to the unsuccessful applicants in the above mentioned draw to assist them to make true their dreams  in other lucrative sites available on our websites. 

 

 

                                      For any further info log onto :--   http://www.zameen-zaidad.com

 

Indian Real Estate Booming in Future
01:44, 2008-Nov-6

 

Indian Real Estate is again open to the foreign investors & domestic investors both, and the international & domestic players both of real estate market have started shifting their attention in Indian realty market. Both are keen on taking advantage of the booming Indian economy. At present, Indian realty market is viewed by the domestic as well as the overseas investors as a rewarding place to make short- and long-term investments. But now Indian real market viewed as international market for real property. The real estate market in India is growing phenomenally, and the extremely growth is expected to continue with the increase in middle class population and lower middle class, who are looking for viable residential options in India.

As you know properly India is the golden bird, and there are several things which every one attract and attention in Indian real estate market. It is important for you that which types of property you prefer. this is the biggest question now arise in your mind. Don’t worry I am.

If you want to any suggestion about real estate or Indian real estate than you got me on my website:--- http://www.zameen-zaidad.com  

Thanks have a nice day..

 

Malls flats & House Buying Seminars
21:24, 2008-Nov-3

Another rising trend I've seen in recent years is the number of house buying seminars being offered by real estate agents and mortgage professionals. I'm actually glad that this is a rising trend, because in the past there has been a lack of consumer education on topics related to buying a house and applying for a loan.

I think that today's real estate agents and mortgage lenders realize the need for consumer education, especially in light of the recent mortgage fiasco that helped send the country into a recession. The best way to find an event like this in your area is to do an Internet search with your city name and the words "home buying seminar." You should be able to come up with something.

Mortgage Options When Buying house & flats
21:23, 2008-Nov-3

 

Here's another area where you have more options than in the past. When buying a house and applying for a loan, you have a wider range of mortgage products to choose from today. While most of these loans fall into one of two categories (fixed or adjustable rate), there are many "hybrid" options as well. There are also all kinds of variations of the fixed-rate and the adjustable-rate mortgages.

Of all the topics covered so far, this is probably the most important. The type of home loan you choose will affect your financial future in many ways. And choosing the wrong mortgage (or buying over your head) could lead to disaster. Just ask the thousands of people who had their homes foreclosed on over 2007 - 2008. Many of them failed to do the proper research into mortgage loans before buying a house and taking a loan.

I hope you have enjoyed this guide to buying a home in the modern economy. More importantly, I hope it helps you navigate the path to home ownership with greater ease. Good luck with your buying process.

BUY A HOUSE, GET A LUXURY CAR FOR FREE
21:23, 2008-Nov-3

 

 

Builders Line up Fancy Freebies

 

Your ''dream house'' now comes with a free Mercedes or BMW, or at least a few gold coins. In some cases, even a small flat is being thrown into the deal for those eyeing premium segment bungalows. As a slowdown in the realty sector stares developers in the face, these are some of the innovations they are coming up with to keep buyers interested.

  

Other builders have started shifting from the premium housing sector and are launching projects in the more affordable range for middle-class buyers.

  

Are these signs that realty prices will drop in the near future? Assotech CMD Sanjiv Srivastava said, ''I wouldn't advise people to wait for prices to drop. If you are getting a property at a good location, bargain hard and close the deal.'' But Anshul Jain, CEO of the India arm of global property consultancy firm, DTZ, has a different take. ''Yes, a correction in property prices is on its way,'' he said.

  

Many builders said they were now concentrating on the middle segment. Manoj Gaur, promoter of Gaur Sons, said the group had launched projects in Indirapuram in the range of Rs 2,500 per sq ft to suit middle-class buyers. The promoter of Ashiana Housing, Rohit Modi, said they had started an apartment project at Rs 2,100/sq ft on NH 58 in Ghaziabad. Till six months back, apartments at these places were quoting at upwards of Rs 3,000/sq ft.

  

Not only this, many developers are reducing the floor size of the flats from 2000 sq ft to around 1,200 to 1,500 sq ft. This translates to a fall in the price of a three-bedroom apartment from Rs 60 lakh to around Rs 30 lakh.

  

Gaur said though sales of premium segment apartments had been hit, demand for midsegment housing was okay. A number of mid-segment projects are being launched in Gurgaon too in the price range of Rs 35-45 lakh. With margins taking a beating, there aren't too many freebies in the midsegment, unlike the high-end segment where oversupply is forcing developers to dole out attractive incentives.

  

Fears of a slowdown in realty have been around for the past two years — since RBI first hiked interest rates. It all started with the apprehension that the rise in property prices between 2003 and 2006 was creating a dangerous bubble. Later, RBI further tightened money supply to fight inflation. Now, with the global financial crisis beginning to affect India, the outlook for the realty sector looks grim.

 

No freebies for mid-segment

 

As a slowdown in the realty sector stares developers in the face, many builders said that they are concentrating on the middle segment. However unlike premium segment, mid-segment buyers shouldn't expect any freebies as developers said their margins were getting hit.

  

In fact, CMD of Parsvnath Developers, Pradeep Jain, who has also launched a mid-segment project in the NCR, said prices are not likely to drop much. ''The present conditions will lead to a slowdown in implementation of projects. Instead of selling at losses, developers would delay projects,'' he said.

  

In the premium segment, things are a little different because of an oversupply situation. The NCR-based Jaypee group has offered luxury cars like Mercedes C200K, Toyota Land Cruiser and BMW 320i on the purchase of houses in the prices range of Rs 3 crore to Rs 8.25 crore in its upmarket project on Noida-Greater Noida Expressway. Even on the lower range of houses of Rs 85 lakh to Rs 1.50 crore, the group is offering cars like Maruti Zen, Honda City and Toyota Camry. The value of the freebies depends on the price of the house that is bought.

  

MD of Jaypee Greens, Rita Dikshit, said that to celebrate one year of the launch of these projects, the company was giving these items as a gift to customers who buy houses by November 11. She said this was a goodwill gesture and not a sign of distress. ''The company has no plan to reduce prices of its houses and apartments after the gift scheme ends on November 11,'' she added.

  

For premium buyers looking for attractive deals, there are plenty of choices.

  

In Mumbai, realtor Cosmos group is offering a one bedroom-hall-kitchen apartment in Thane free on the purchase of a bungalow in Lonawala near Pune. The group is also upgrading a two-bedroom apartment into three bedroom apartment for free in Thane and Lonawala.

  

In the NCR region, SVP group is offering freebies like a 50-gram gold coin on the purchase of an apartment in Ghaziabad. Besides, most of the developers are doing away with charges for club membership and parking.

 

Courtesy: - TOI dtd: - 27th Oct. 2008

JTPL plans to develop township in Mohali
22:44, 2008-Oct-29

 

 

  JTPL Township Pvt. Ltd, part of the JMD Conglomerate, has plans to develop a township in Mohali namely "JTPL city Mohali". The proposed township will be spread over 85 acres and is likely to attract an investment of Rs 450 crore in the next 3-4 years. The company has acquired land for the township. Speaking to business standard, JTPL Township Pvt. Ltd Director (Operations) Sidhant Gupta said: "The proposed project is a complete integrated township spread over 85 acres of prime land with proposed primary and high schools, shopping malls, a commercial complex, a club, hospitals, plots , villas, group housing etc, in close proximity to the railway station and the Chandigarh international airport."

                                                   

 He added: "with world-class facilities like these in the vicinity, this new-generation township is a self-contained residential, commercial, entertainment and recreational hub. With facilities for recreation and leisure like a club and play ground, a state-of-the-art IT, ITES Mall & Hotel is also in the pipeline, and will be developed within the township."

                                             

The company plans to spend Rs 450 crore in the next 3-4 years on this project. The project will be completed in four years at the outside.

 

He said that being located at the prime location in Mohali, JTPL city offers numerous locational and accessibility advantages like a 10-15 minute drive from the railway station and the up coming international airport.

 

This new age structure possesses world-class amenities like ample parking space, lot of greenery, state-of-the-art water supply system, 100ft wide concrete road and lane sizes of 60, 45 & 35ft wide.

 

He added that the project will mark the beginning of a new era of lifestyle in Mohali packed with all international class amenities to make it completely luxurious but still with in the reach of the common man. Initially the company will offer 150 plots for sale at the rate of Rs 14,000per square yard.         

 

                                             

Talking about other projects, he said, "we are also coming up with a township in  Karnal (Haryana) which would be spread over 77 acres and likely to attract an investment of Rs 350 crore."

 

 JTPL Township Pvt. Ltd is a part of JMD Conglomerate, one of the leading groups in India, having a turnover of Rs 2,500 Crore in 2007-08.      

 

 

 

 

                                                                  Courtesy :The Economic Times 12-10-2008

Real-Estate Major Enters into Construction Business
22:43, 2008-Oct-29

 

 

Piyush Group, a leading real-estate developer has announced the launch of its latest venture Piyush Developers Ltd; thus marking the foray of the company into construction business. Through this enterprise, Piyush Group will be addressing the real-estate industry's need to improve delivery timelines and quality of the building construction in house.

 

Speaking on the developments Brig. D Satyanarayana (Retd.), Executive Vice President - Projects, Piyush Group said "Construction is a viable sector, now and for the foreseeable future and the launch of Piyush Developers fits perfectly well with our diversification and investment plan. We have decided to create our own construction company because it will allow us to better control the cost and quality of a project."

 

In the initial stages of its operation, Piyush Developers will handle prestigious projects worth several crores including Piyush City in Bhiwadi, Global in Faridabad and Piyush Heights in Faridabad. "We have acquired state-of-the-art batch mixing plants and machinery like transit mixers, concrete pumps, etc. for construction related processes. We also have the right kind of expertise which would enable us to fulfill the desired requirements of other companies as well." Brig. Satyanarayan added.

 

Recently, Piyush Group has also formed a company named PCL Concrete Pvt. Ltd. with the aim of achieving fifty ready-mix concrete plants in the NCR region in near future. The company has already set up two such plants which are presently fulfilling the needs of several projects undertaken by Piyush Developers. According to Brig. Satyanarayan, the company plans to achieve tenders for big infrastructure projects such as flyovers and airports in the next five years.

                                                                                Indian realty News October 22, 2008   

 

 

 

Real estate realty
22:42, 2008-Oct-29

 

Buying & Sale real estate is something that requires time, patience and the right choices. From viewing to actually purchasing whichever of the homes for sale suits your needs, to selecting the very best realtor, choices are crucial.

As populations grow, new communities arise and homes become available, the world of real estate becomes more competitive. With this, the number of real estate agents also becomes greater and selecting the right realtor for your specific needs becomes the first step to securing your new piece of real estate.

One of the many things we are proud of is the quality of real estate and homes represented by each of the realtors you will find on our site. Properties and homes for sale may vary dramatically, but when you select one of the real estate agents recommended, the quality of each of the homes is guaranteed. Each piece of real estate you search will be available to view and one of the highly qualified realtors will be pleased to show you whatever suits you.

Real estate purchasing is one of the most important decisions that many people will ever make and that makes the quality of the real estate and professional abilities of the real estate agent equally important. Comfortable condos, quaint cottages, opulent mansions, family homes and pretty much every type of real estate you could be looking for, that is what our realtors are proud to showcase. Top quality real estate exhibited with a professional, friendly and well delivered style which sets our real estate agents streets ahead of the field in the ultra competitive world of real estate and realtors.

When the time is right for you to buy one of the many homes of the market, wherever that may be, make your first move a great one and contact one of the superior real estate agents from our extensive, finely composed listings. With so much real estate to view and so many realtors vying for your business, is may seem like a tough process. To enjoy a seamless real estate buying experience, all you need to do is contact one of the listed real estate agents and let them do the rest. Each one is equipped to ensure your home buying success, deliver the finest realtor service available and share the best advice, assistance and professional knowledge that you deserve.

Once you have decided to buy a home, do not hesitate. Contact one of our real estate agents today and enjoy a whole new home-buying experience.

 More info log on to    http://www.zameen-zaidad.com/

 

 

MID-SEGMENT BACK ON TRACK
03:10, 2008-Oct-20

 

HOUSING IN THE MIDDLE SEGMENT IS BACK ON TRACK FROM THE POINT OF VIEW OF DEVELOPERS BECAUSE CHEAP HOUSING IS SELLING AT A FASTER PACE OVER OTHER SEGMENTS,

 

The supply of affordable houses for the middle-income group is set to surge in the next couple of years. According to a report prepared by global real estate consultant, DTZ, the majority of projects coming up by 2011 will fall in the relatively affordable range of Rs 1,600-Rs 3,000 per sq ft in the national capital region. That means a 1,000 sq ft apartment could be available for anything between Rs 16 -30 lakh.

  

"More than 2/3rd of the expected supply of 1,24,000 units up to 2011 is in mid-income housing segment,'' says Anshul Jain, CEO of DTZ India. The report says the market is hungry for apartments in the midincome segment as they fall within the budget of a middleclass buyer. This is also evident from the data collected by the research team. Jain points out that in Gurgaon, Ghaziabad and Greater Noida, absorption level of mid-income houses have increased from 36.53%, 31.71% and 32.31% in March 2008 to 72.7%, 72.44% and 69.16% respectively. In Faridabad, developers' 'sold' position increased from 65.39% in March to 83.36% by August in the mid-income housing segment.

 

But, in the high-income housing segment, developers are finding the going tough. According to data, the absorption level in the high-income segment has increased from 64.13% in March to 70.92% by August in Gurgaon, 57.08% to 60.99% in Faridabad, 87.35% to 91.05% in Ghaziabad and 91.19% to 96.15% in Greater Noida. In Noida, the sold position of developers has increased from 33.31% to 54.82%.

  

Jain says that as the developers are finding it difficult to sell the high-end apartments, they are turning towards the mid-income segments. Besides the rise in prices, due to increase in the interest rates by almost 50% from 7% in 2005 to around 12% at present, the EMIs have increased manifold.

  

The other major factors for developers to turn towards the mid-segment housing in the NCR are that they are stuck up badly owing to the liquidity crunch in the market and slowdown in the sector. Most of the developers have invested huge sums of money in buying land all over the places, including small towns and cities like Agra, Chandigarh, Jaipur, Lucknow and Indore, besides the NCR.

 

But today, they are not able to sell anything in the smaller towns, so they have turned to the NCR for cash flow. But, in NCR too, the demand for high segment housing has dwindled. As a result, the builders have decided to move towards the mid-segment housing, where the demand is very high.  

As the market condition is tight, developers are compromising on their margins and selling at lower rates. Anshul Jain says that developers are willing to give up location premiums to make the pricing work at between Rs 1,600 and Rs 3,000 per sq ft - a part of those depleted margins is made good by sale of higher volumes and some through better cash flows as units in this category tend to sell faster than those in the high-end segment.

  

In a survey conducted by DTZ India, it is found that even the investors are keener to invest in midi come housing segment. Ninety per cent of the respondents prefer to buy two mid-income flats over one high-end flat, where both require the same investment.

  

The survey conducted among the developers also found that mid-segment housing has emerged as the centre of attraction for them. Cheap housing tends to sell at a higher pace when compared to the other segments, and as a result, the developers are compensating the lower prices by higher volume and a steady and quicker cash flow. Besides this, most of the mid-income projects are coming up in areas where the land is cheap. At the same time, to push sale, developers are foregoing the location premium as the land has been bought at a relatively low price.

  

In constructing the mid-income apartments with an eye to sell at less than Rs 3,000 per sq ft, developers are increasingly compromising on quality and amenities. In the mid-income apartments, they are doing away with central air-conditioning and clubhouses. Though the basic construction quality might remain the same, they are cutting corners on the materials being used.

                                                                                     Courtesy: - ET dtd; - 17th Oct. 2008

SUPERTECH GROUP ANNOUNCES YET ANOTHER MEGA TOWNSHIP
03:08, 2008-Oct-20

 

Supertech now introduce another festive surprise for the people of Meerut with Green Village, a complete and modern township that will give a new turn to the living style of the city. To be launched around Diwali, this township offers homes starting Rs. 9.97 lacs only. These friendly prices, when coupled with the elite class facilities offered, are bound to evoke a special interest of the home buyers. Spread over 25 acres, the township has 25 % covered and 75% open area. As the name suggests, Green Village to lays a special emphasis on living close to the nature with over 50% green open areas. With construction already in full swing possessions in the first phase will be handed over by December 2010.

                                                                          Courtesy: - ET dtd; - 17th Oct. 2008

 

BAGHPAT
01:57, 2008-Oct-16

 

Hardly 40 kms from Delhi, Baghpat has potential because of its nearness to the Capital. It's also close to Tronica City. One more plus point in Baghpat's favour is linkage to the rail and road network. It is just two kms away from the Railway Station, 25 kms away from ISBT and 80 km away from IGI Airport.

 

Says Mahesh Pawar, CEO, Mahavir Hanuman Group, "We are among the first movers here. The UP Government has sanctioned the construction of a six-lane Eastern Peripheral Expressway This 135 km speedway will include Noida, Ghaziabad and Baghpat in its 86km. stretch. Also, the bridge over river Yamuna, connecting Tronica City to Delhi, is being widened to ease traffic congestion. The proposed 271 km long, eight-lane expressway on the banks of river Hindon, connecting Noida to Saharanpur, will save time and fuel both. Construction of the Signature Bridge over the River Yamuna will dramatically improve connectivity for commuters from North and West Delhi. To reduce the pressure of traffic on Delhi roads and to develop a rapid rail transport system, a railway corridor is being developed all around Delhi. Further to this, the Metro is expected to reach Delhi Extn. NCR Baghpat in two to three phases," says Pawar.

 

"The Uttar Pradesh government is completely revamping the area. It is strengthening its infrastructure. There's impetus on development of infrastructure components like road and rail network, electric and water supply sewerage and, drainage. The Baghpat Development Authority has also been set up," adds Pawar.

 

While touring the area, we found: The approach road to Baghpat is full of potholes. The town in itself is like a village.

 

Sources here say there is no clear line of implementation though everything is on paper. For future investments? Can develop in time, but will require quite a few years. Connectivity: The local trains go from Delhi to Baghpat.

                                                                                       Courtesy:- HT dtd:- 11th Oct. 2008

 

 

MEERUT
01:56, 2008-Oct-16

 

 

Meerut's biggest problem is power and security. In the last two years, land prices here have appreciated by around 80 per cent. In the residential segment the prices hover around Rs 5,000-Rs 6,000. "The future seems bright for this city and with the Metro rail a likelihood here the local authorities are paying attention to the infrastructural needs of the city Above all, it is also close to the Capital. T," says Sunil Taneja, GM Marketing, and AHCL. Flyover sanctions are expected to jack up property prices near the bypass to about Rs 10,000 per sq yd.

 

While touring the area we found: Development projects in full swing near the bypass. People are acquiring land on NH-58 coming from Delhi. Connectivity is good both by road and rail. The main city is clogged, however. The outer bypass where the work is progressing will take at least four to five years to become liveable. Future prospects? Bright.

 

                                                                       Courtesy:- HT dtd:- 11th Oct. 2008

DLF REGAL TOWER (GURGAON)
01:56, 2008-Oct-16

Price list
Tentative Saleable Area	Rate per Sq.ft.
1758 & 1805 Sq.ft.		Rs. 6,250/- per. sq. ft.

 

 

 

 

 

 

 

 

KLJ Espana Faridabad
01:23, 2008-Oct-13

 

KLJ Group brings you new residential project Espana in Faridabad. A short drive from New Delhi is the upcoming project in Faridabad - KLJ Espana. The complex is meticulously planned with 1, 2 and 3 bed room apartments, earthquake resistant structure, power back-up and round the clock security. Espana apartments have been thoughtfully conceived to achieve a right blend of form and richness. Spaces are on grand scale, the appointments and finishes absolutely first class and amenities simply world class.

 

 

 

 

 

Types	Size (sq.ft)	Price* INR (sq.ft)	Total Price* INR	Floor Plan
1BR+1TOILET	750		1,500,000
2BR+2TOILET	1190		2,350,000
3BR+2TOILET	1450		2,85000,000