Ghaziabad ups property rate, Noida next

The property markets in Gautam Budh Nagar and Ghaziabad are set to receive yet another blow, with the administrations of both the districts deciding to revise existing circle rates. 

While the Ghaziabad Development Authority has already decided to increase circle rates, Gautam Budh Nagar is yet to take a call on it. Reeling under a cash crunch due to a fall in the number of buyers, the property market seems set for tough days ahead. In view of the increased circle rates, potential buyers would now have to shell out more for stamp duty. “More payment in the form of stamp duty could prove harmful for the property market,” a senior official said. Gautam Budh Nagar DM Deepak Aggarwal said the officials concerned are trying to zero in on a percentage increase in circle rates for various regions. “The increase would be close to 20 per cent, but we have decided not to increase circle rates uniformly,” Aggarwal said. 

The new rates property in ghaziabad are expected to come into effect from July 1.

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Bungalow in South Mumbai sold for Rs. 350 crore

A suburban developer has paid a record price of Rs 350 crore for a Nepean Sea bungalow property. Runwal Group, which has projects largely in the eastern suburbs, bought Nepean Grange , the two-storey bungalow constructed in 1918, from the Kapadia family. The transaction was finally concluded a few days ago after months of negotiations, TOI has learnt. Property sources said this could probably be the highest price paid for a bungalow in the city. The 2,048 sq m land also has an outhouse, servants' quarters and a car park. 

The half-acre property, which falls under the coastal regulation zone II, was on the block for two years and the developer had to deal with nine joint owners of the Kapadia family. The owners settled the deal for Rs 270 crore. However, the bungalow also housed a tenant, the Lilani family, who demanded Rs 80 crore from Runwals to vacate the property.

The new owners of Nepean Grange will compensate the tenant who currently occupies about 4,800 sq ft of the 28,000 sq ft bungalow. The bungalow is located close to the Kilachand House, which too is on the block.  Also you can find out more details about 2bhk apartments.

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How to look for rented flats in delhi

Delhi is the capital of India and thus the centre of the country too. The city is the hottest destination for numberless people. This population comprises job seekers, students, professionals, industrialists, executives and many others. Hence, it is obvious, that Delhi is visited by a huge number of people every year not only from different parts of the country but from around the world. There is a huge number of those who look for rented flats in Delhi.

The big news is that even the trend of having flats on rent in Delhi has also undergone a tremendous change due to the changed demands of those in search of rented flats in Delhi.

Rental accommodation has changed as those coming from their home towns are in search of flats or apartments with all the facilities and also in good location. Most of the outsiders coming with their families to settle here, prefer to have flat for rent Delhi provided they are apt to live with family.

Nevertheless, there are certain tips following which you can be successful in making a right choice a list of flat for rent Delhi.

Like a resume for the job, better prepare a resume when looking for rented flats in Delhi. Well this option is good for those too who have apartment for rent in Delhi. Here you need to mention your current salary, employer’s name and your preferences etc along with a copy of your credit card report. Considering the safety issues in the capital, landlords with apartment for rent in Delhi also ask for identity card.

In short, you need to look good as good as you can to be eligible for rented flats in Delhi in a good location.

Landlords give classifieds for flat for rent Delhi and they are certainly the reliable source. Other sources to look for flats on rent in Delhi include bulletin board of college campus and internet. You can also ask your friends.

Another important aspect when looking for rented flats in Delhi is to know your budget. Decide before hand how much you can afford to pay. Well, the best rule to follow is that the rent you are ready to pay must not be more than 30% of what you take home as your monthly salary.

If you find apartment for rent in Delhi too expensive in the area of your choice, then you can look to a roommate service. But here be sure about what qualities you want in your roommate and decide on one with home you will comfortable like do not have a smoker roommate if you do not smoke.  Know more about property in delhi.

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Tips to follow when investing in Ghaziabad real estate market

Ghaziabad is located near Delhi, capital of India and a part of NCR. Real estate Ghaziabad is experiencing boom and the credit goes to ever growing commercial as well as industrial sector here. Being in the close proximity to the capital, the region is witnessing a recorded growth in properties in Ghaziabad.

With its outstanding facilities and state-of-the-art lifestyle amenities, Ghaziabad is attracting a huge number of people. The most prominent reason behind the expansion of the Ghaziabad real estate market is its proximity to the capita of the country. Since it is not easy for everyone to buy property in Delhi or Gurgaon due to high rates, it has become one of the prominent choices for many looking. In addition to this, there are sufficient commercial and industrial properties to invest and also for renting and leasing purposes.

It is not hard to find a flat or apartment of one’s choice here at the most affordable rates and thus offering lucrative investment opportunities to buyers.

There are certain things that one should bear in mind when planning to buy or invest in Ghaziabad properties or say anywhere.

• You must be aware of your budget and know what a mount you are ready to spend to buy a property or properties in Ghaziabad.

• Before you decide on a particular property, be sure that you know what you are actually looking for. In other words, look for a property which is according to your preference and needs.

• Right locality is another important factor to look for when hunting for property in Ghaziabad real estate market. It is simple as living in good neighboring areas as well as neighbors has utmost importance in leading a good life. Look for the basic facilities around such as school, hospital, market, shopping places and entertainment etc. Also, clear your safety concerns.

• No need to tell but still, look for basic amenities and the services offered such as water, electricity and sewage. Do notice about the shortage of any o these during some specific time or season.

• Do your homework and make some efforts and look different houses before you decide on a particular one.

• Do evaluate the resale value of the property you are interested in and also know about the reputation of the builder.

• If you want to take home loan then go through different options offered by different options and decide one considering the rate of interest, EMI and the time period.

In upshot, these are very specific guidelines you should consider when buying live near the capital but still want to remain aside from the noise and hustle & bustle of Ghaziabad properties. Definitely Ghaziabad is an ideal place for those who want to the capital.

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A general introduction to Gurgaon real estate

Gurgaon is situated in Delhi/NCR which is growing at rapid speed and is even considered as next Singapore of the country. Considering this the boost in the Gurgaon real estate market is obvious. Skyscrapers and malls equipped with latest technology and facilities have already taken place in the place and the process is still going on. It is also a hub of outsourcing where a number of MNC like GE, American Express, Keane and Convergys to name few are established. Also, various other companies have their headquarters in Gurgaon. Some of the companies are Coke, Gillette, GM, Nestle and Pepsi to name few.

A sudden increase has been noticed in demand of properties in Gurgaon. The increase has been noticed in Gurgaon properties during last few years.

Various factors together make Gurgaon an ideal choice in matter of property whether residential or commercial. Some of the prominent reasons behind the growth of Gurgaon properties include the rise of software as well as Information Technology organizations. Both Information Technology (IT) and Information Technology Enabled Services (ITES) have witnessed a boom in their economies. Other factors contributing to development of real estate Gurgaon comprise low interest rates, huge direct investment by foreign companies and a great influx of manpower.

IG (Indira Gandhi) airport is just at the distance of 10 minutes from Gurgaon and it has certainly become as centre of not only commercial complexes but also of diplomatic.

Residential Gurgaon properties are in great demand by corporate executives and various professionals. Real estate property is thriving not only in making money by selling residential/commercial lands, houses and so on but also rent is also a big source of earning. Real estate Gurgaon cater to the varying needs of young workforce as well as diplomats.

Properties in Gurgaon share a world class infrastructure. Gurgaon has all the facilities in matter of roads, banking facilities, reliable network of communication and all the basic amenities.

Real estate Gurgaon expects on an average increase of 10% to 15%. A number of reputed developers such as DLF, Emaar, Unitech and MGF etc. have plans to build luxury apartments in areas like Sohna Road, Central part and many others. The apartments made by these builders aim only premium members. Though the prices of these properties will be high but will be packed with all the facilities as well as luxuries such as 4 to 5 bedrooms, modern kitchen, bathrooms, spas, gyms, beautiful countryside, security and so many others. There are world class facilities offered which stand no competition with other properties. Know more about apartments in gurgaon.

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Search for the Faridabad property as best place to invest

Well we have an answer for you. Ever imagined that living in a place very near-by to major cities like Delhi, Gurgaon and Noida and having all the facilities and amenities with some good residential and commercial options and that too at a very reasonable price? Then you should just have one word in mind – Faridabad.

Though it is a part of Haryana, Faridabad is an NCR city and is just located near-by the three main cities mentioned above. Faridabad real estate is the latest buzz in the market. Earlier it was an unexplored market for quite a time but now it is in news all over the Indian real estate market. It is one of the best industrialized cities of Haryana and is going up day by day. It has attracted the focus of many prominent and big names in the real estate market and is now becoming one of the fastest growing market. The prices of the properties in Faridabad are low as compared to that in Delhi, Gurgaon and Noida and thus more and more people are looking for options here. It holds across 13000 + small and large scale industries which are acting as a base for the development of the city.

It is well connected to Delhi and with the finishing of Delhi-Faridabad skyway and metro connectivity from Badarpur, Faridabad properties is now the priority choice for many. The government holds various big plans for the city in future and with the support of various property builders the future of Faridabad real estate seems to be shining. There is whole lot of things going on in the real estate market in Faridabad such as massive townships and industrial projects. It is soon going to be a top demand for various MNC’s, corporates and big industries. Residential projects are also coming in a massive manner. It also has a good road and rail connection which acts as an icing on the cake for the Faridabad real estate sector.

There are already various shopping malls and entertainment centers, large number of institutes, various health centers in the city and the new townships and residential centers will uplift the properties in Faridabad in a huge manner thus positively affecting the Faridabad real estate.

Within few years it will be a hub to many educational institutes and universities, IT companies, corporate and MNC’s, various large and small scale business and industries, shopping, food and entertainment centre and a very big housing and residential paradise. Know more about buy property in india.

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Real estate options in Delhi

Who would not love to live in the city which offers almost everything from food to jobs, from entertainment to social institutions and organizations, from top business houses to small scale industries, from solid infrastructure to shopping, from archaeological and historical sites to new IT hubs, it offers something to everyone.

Delhi is the capital of India and that makes it the hub for businesses and administration. Delhi has always been a perfect location for living and enjoying. It has all sorts of companies, industries, entertainment and shopping names. You name it and one you will get it in Delhi. Huge markets were already famous and now big shopping malls have taken it a step further. Big companies have their headquarters and offices in Delhi. Delhi and is also the home for The President, Prime Minister and other Officials of the government and many political parties operate from here. It is densely populated city but the demand for Delhi Properties keeps on increasing day by day.

In recent years, Delhi’s value has reached the zenith owing to its importance in social, political and cultural events. Even foreign delegates and associations have increased its value. Land has always been a necessity for a harmonious survival for man. Shelter is of prime importance to one and all. But the twenty first century has witnessed a galore of populace which leaves little scope for shelter for one and all. Real estate is one area which has become a key factor in driving much of the masses’ affair for housing and shelter. Thus Delhi real estate is at the peak at this point of time. It is not easy to get a property in Delhi.

Delhi properties have a huge demand in the Indian as well as overseas market and thus it has a growing price trend. It has a lot of prime locations like Prithviraj Road, Lodhi Road, Race course road, Aurangzeb Road, GK, Vasant Kunj, Areas around India Gate and CP and many more.

Delhi properties have been always in demand and the demand keeps on increasing. Delhi is the hub of everything whether companies, industries, residential properties etc. This has hugely and massively boomed the properties in Delhi. Delhi real estate is considered as the top market for the developers and builders from all over the country.

Property in Delhi has become a major issue as the number of people in need of land exceeds the amount of available land. Therefore, the cost of estates is shooting up to sky level and mostly land owners seek it a profitable business to give their lands on rent or sell them to earn huge profits. So people are moving to other NCR options like Noida, Faridabad and Gurgaon. But Delhi will always remain the priority and the best choice for anyone looking for Commercial, Residential or retail space. Know more about to buy property in india.

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Get affordable properties in Noida

Noida, a very upcoming and flourishing state of Uttar Pradesh, India, has no need for any explanation. It shares its borders to the capital of the country, Delhi. It is one of the best and fastest growing cities in the country. It is a very well planned city and one of the largest industrial towns in Asia. NOIDA itself stands for New Okhla Industrial Development Authority. Noida real estate sector is growing out numerously and with this it has become the hub of many MNC’s and big industries along with more and more people coming in for residential purposes.

Delhi real estate market is already on boom and it is not easy for a common man to purchase a house there, so people are migrating from other places and Delhi towards Noida for better residential and as well as commercial options. Noida also has better infrastructure with wide open roads, sports facilities, companies, industries and even many famous educational institutions and centers are already there or are emerging in the city which makes people more inclined on purchasing the property here.

Real estate noida is developing and expanding at a fast pace. Properties in Noida cater to the need of every individual specializing in retail, commercial and housing. It has a lot of options to offer to people according to one’s need and preferences. In no time, Noida has become a priority for major players in the real estate sector and one can feel the presence of almost every builder over there. There is a huge competition in the city and it has even strengthened the property and market trends in near-by areas such as Ghaziabad and Greater Noida. With the help of the government many prominent builders are now focusing on big townships in the city which offers everything starting from luxurious to low budget flats, from greens to advance technology apartments, from golf to sports city, the city is seeing a rapid and huge change in the infrastructure and the economy.

As the competition is becoming huge by intrusion of more and more builders, it becomes difficult for people to look for the best available option amongst different builders. So one should keep in mind various things while choosing a property, some of these are things like area and location of the project, builder’s name, goodwill of the builder, facilities and amenities available, possession time by the builder, price range and budgets, legal documents and other necessary approvals by the builder from the government and many more. These things will help the customer to buy or invest in the builder and the property which suits him best according to his needs and preferences.

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