How Gurgaon is Becoming Luxury Property Capital for India?

November 16, 2013 by Naresh Patial 3 Comments

How Gurgaon is Becoming Luxury Property Capital for India?

Gurgaon has multi-storey buildings, it has multi-national culture, almost all the MNCs have their base in the city and to top it all, Gurgaon is now becoming the luxury capital of India, when it comes to development and purchase of premium real estate.

As a city, Gurgaon is spread across an area of 732 square kms, it is a unique location which is close to the International and domestic airport, has a great connectivity with Metro and now it has just started its very own and special Rappid metro Rail.

All these factors are contributing heavily towards making this place a unique proposition for high end real estate buyers from different parts of the country as well as global buyers looking for a solid investment option.

And when it comes to luxury living, there are not many places which comes to mind, but Gurgaon is surely moving in the right direction and creating a special place for itself on the luxury living map. Projects such as Unitech’s Ivy Terraces and Lotus Greens by Nirmal Ji developer are putting the right kind of luxury real estate for the users and at the same time creating huge infrastructure driven promise for Gurgaon.

Unitech Ivy Terraces – Redefining Luxury

Keeping its focus towards providing the best of luxury to its customers, Unitech has introduced Ivy Terraces-luxury floor living. This is a thoughtfully integrated real estate with functionality and vast open spaces, making it visually splendid and wholly inviting.

Perfectly carved for the luxury segment, each floor of this project offers an intimate outdoor space that makes living at Ivy Terraces even more endearing. Ivy Terraces is a part of a 100+ acres self-contained township called Wildflower Country, situated in sector-70, Gurgaon. This is sure to excite the set of customers yearning for a luxurious living.

Lotus Greens – Luxury Comes First

Similarly, delivering great luxury living for the users, Lotus Greens project is being launched by developer (Nirmal ji – Founder) who has already done Lotus Panache, Lotus 300, Lotus Boulevard, Greenopolis etc.

They have already delivered 15 mn sq ft commercial space and 25 mn sq ft residential space. In Gurgaon, independent floors can only be launched on a 100 acre township, which takes 7 to 8 years to aggregate and take approvals. With new land acquisition bill – it has become very difficult to aggregate 100 acres as 4 times compensation needs to be paid with a consent of 70% farmers. Therefore, independent floors will appreciate very well over the next 3 to 4 years.

This particular luxury project is being done by world renowned architects, Benoy, who is associated with this 100 acre luxury low rise township.

This project comes with premium specifications such as – Imported Marble, Engineered wooden flooring, Wardrobes, Video Phone, Modular kitchen, Chimney, Hob – Landscaped terrace with granite top and barbeque station – all floors have private back lawn – Concierge Service – Signature club.

All this and more is sure to set the right tone for luxury real estate buying for Gurgaon and the city is set to move another notch up on the Luxury map.

Find More Luxury Projects in Gurgaon or Call Now 9266633040

Advantages of Corporate Housing

November 12, 2013 by Naresh Patial Leave a Comment

In today’s fast paced lifestyle, a lot of people are moving from one city to another because of their official transfers and in such scenario it is very important that you keep certain tips in mind which will help you drive better in corporate housing.

So when you are making a housing movement, it is very important to coordinate a number of issues that are related with managing the logistics than anything else. First and foremost you have to look towards either selling your home or if it is possible finding a tenant for your home.

Then you have to look at packing and moving your personal belonging and here experts say that it is always advisable to look the most important things first and make a list of your important belonging that you can keep with yourself. And when you arrive at your final destination, you can match your belongings with the list that you prepared.

Community exploration

When you move in a new city which is big and you do not have much of idea about the city culture and pace of life, it often takes time to learn the ins and outs of a new destination and corporate housing is an excellent way to check out the pace of life in a new neighborhood. With this you can easily understand and clearly understand the real advantages of living in certain parts of the city.

All this can help you make the informed decisions which will greatly benefit your family’s lifestyle and living. For example, you can have an understanding on the kind of schools and colleges are there in the city, which are the best malls to get what you look for? Where can you get the maximum family fun and also where the best of the hospitals etc? all these questions can be answered, once you experience it all first hand.

As experts in the real estate industry also emphasis that every city has certain positives and negatives and no one person can know about immediately upon arrival. This type of temporary living can prove to be a great advantage in your quest to find out what those positives are that you and your family are looking for.

Buying a home

Designed to suit its customer’s needs and desires, corporate housing is a unique way to give you time to buy or build your dream home in your new location. The idea is that if you are feeling less stressful about the move, than you will be in a better position to explore great opportunities for yourself and negotiate with banks and select a home with everything you look forward to.

Saving your money

As you are relocating, you and your family have an option of staying in a hotel, but in this scenario, it’s necessary to eat almost every meal in a restaurant. On the other hand, corporate housing offers an affordable choice, at the same time the occupants can cook their own meals and reduce their daily expenses. This always helps, especially in time of need and when you are looking for reducing your stress levels.

It is true that one of the biggest advantages of non-permanent residency is the option to go for fully furnished housing. Under this scenario, you will have from linens to sofas, to kitchen utensils, each unit is generally equipped with everything necessary to make living a great delight for you and your family.

Why You should buy a New Home?

November 12, 2013 by Naresh Patial Leave a Comment

Today it is becoming even more rational and important to buy new homes, here is how and why

As we have the real estate market trying to woo investments from first time buyers, there are a lot of deals in the market for previously owned properties however; consumers should not overlook the potential advantages of buying a new home for themselves and their families.

It is a fact that new homes usually sell at higher per square foot then resale homes. But their selling points, are pretty strong indeed. And in to help consumers understand the real or sometime hidden advantages of buying a new home, we are presenting a list of reasons for consumers to seriously look at buying their own new home.

The Importance of Customization

As it goes with the new home sale, a number of home builders allow buyers to help design the property, well this goes a long way in terms of helping the owners to create a living space tailored to their own tastes and sentiments, rather than going for an old home where they have to live with what has been built and used. In addition to this, new-home buyers can also decide where their kitchen might go, select their favorite flooring color or pick the interior and exterior paint color.

And yes, there is a lot of flexibility for new-home buyers and hence they are in a great position to create a home space that has their own personal stamp of quality and genuine signature. It is simply not possible with a used house.

Going Green

Today, everybody has to look at the energy factor as well. And of course, it goes without saying that the greater energy-efficient ecosystem of the home also help reduce utility bills for new-home buyers. And this is becoming far more important today than ever before. Next generation ready, new homes often include green systems and appliances, such as high-efficiency stoves, refrigerators, washing machines, water heaters, furnaces or air conditioning units. And similarly homes built years ago might not have such facilities to help conserve the energy in a better manner.

Less maintenance

Today’s new homes are engineered specifically to reduce the maintenance requirements for a long period of time. For example, the paintings done inside and outside can have a long lasting factor associated with it and when compared to old homes this can cost less maintenance over a long period of time. On the other hand, when you buy a used house, you don’t know what you are getting and chances are that you might have to do a lot of maintenance on your own and this costs money.

The Right Concessions

This holds big importance, especially in today’s sluggish housing market, this simply means that buyers could get more concessions or discounts out of a home building company than an individual seller. This is a big fact that individual sellers often have big emotional values attached to their properties and as a result, usually think that home is worth more money than it is.

How to Select the Best Apartment?

October 31, 2013 by Naresh Patial Leave a Comment

How to Select the Best Apartment?

When you are looking out for the best for yourself, finding the right apartment can be quite stressful. And it does not matter, whether you and your family is moving into your own place or have moved many times as well, this can be quite a task to find the best apartment. Here are some of the tips that will guide you to find what you are looking for.

When you set out to look for the best apartment for yourself, you need to find a rental property that is just perfectly suited for your pocket, but you also think about factors such as your prospective neighbors, water and electricity supplies, maintenance problems and of course the big question of location.

Firstly, you need to determine your personal budget for this movement so that you know how much you can afford to spend on an apartment. This also clarifies your financial limits and obligations. You need to make sure that you factor in costs such as installation of utilities such as ACs, geysers etc. it is usually helpful in terms of finalizing your total cost of movement, beforehand.

You can also buy a map of your city, this will guide you to some of the best places that are favorable for you and your family to live in and proper. You can also factor in transportation costs if an area is far from work, school or other places you need to go. This map will place everything transparently for you and guide to that perfect location for your apartment.

After this, you can start looking for apartments in the areas that are just comfortable for you as far as your stay and work is concerned. You can browse through the local paper’s classifieds section to know about such vacancies. And it is always better to ask your friends who might be staying in those locations and give you a better understanding about the ground realities. After this, you can make a list of some apartments you find in the locations you aspire to live, that are exactly in your price range and comfort zone.

Today there are various ways that you can get more information about the areas and locations that you have finalized, so you can research the apartments you have selected. you can use this information to further narrow your wish-list and create better opportunities for your apartment search.

And yes, now it is very important to just not rely on your real estate agent and actually go and visit the remaining apartments on your list. View an apartment, and pay attention to the surroundings, the neighborhood. Are there any broken-down vehicles in the parking lot or pieces of furniture near the dumpsters? If you have one place you particularly like, drive by after management office hours. Are there any suspicious looking characters looming around? If you see someone who looks approachable, stop and ask them how they like living there. All this effort will go a long way in ensuring that you and your family live a happy life in your apartment of choice.

And now above all, you have to very careful in reading the lease document before you actually sign it. And yes, finally, you are ready so, load up your belongings and move into your perfect new setting, your new apartment.

For More Information Visit Us: http://www.investors-clinic.com

Trends and Statistics of the Indian Real Estate Industry

October 30, 2013 by Naresh Patial 6 Comments

Real Estate Still Shines Bright for India

As far as India is concerned, real estate segment is one of the brightest starts when it comes to contributing towards the country’s GDP. As far as the statistics is concerned, the real estate sector is the 2nd largest employer in India, second only to Agriculture. Real estate industry contributes 6.3% to India’s GDP.

India’s real estate is a very special market segment, as according to estimates, the overall value of this industry is estimated at USD 67 billion. This particular figure is estimated to touch USD 180 billion by the year 2020. Experts also believe that Foreign Direct Investment or (FDI) in real estate sector to grow to USD 24 billion in the next 10 years from the current valuation of about USD 4 billion.

Giving more significance to India’s economy, it is important to understand that India’s real estate market is one of the fastest growing real estate markets in the world. Fueling this segment ahead, the growing income has enabled the Indian middle class to take up real estate as an investment class. This has fueled a tremendous growth in demand. And as far as job creation is concerned, this sector creates 7.6 million jobs and this figure is expected to grow to 17 million by 2025.

As far as the real estate market is concerned, there are four sub-sectors of the Indian real estate industry – housing, retail, commercial and hospitality. As it goes, primarily due to infrastructure creation and further establishment of bigger metros, the housing industry has seen great demand over the last decade.

But the scenario is fast changing now. The hot markets of Gurgaon and Noida in NCR, Mumbai, Bangalore, Hyderabad, Chennai, Pune, etc and some other places are kind of stagnating now. As experts corroborate, price points are not appreciating as they have reached almost tipping point now.

Another interesting statistics for this segment is that the rent yield of Indian real estate is at 2.7% compared to 4.7% in US and 4.5% in Japan. This figure elaborates and confirms that at many points the Indian real estate was overvalued. And as a result of these developments, at present the market is moving away from being speculative and prices are getting more close to reality.

It is important to understand that India’s retail and commercial space demand generation is primarily happening from metro cities of the country. The business in this space of real estate looks like to be shifting from sales to lease and maintenance model. And hence, prime office space segment across the country’s key cities – Mumbai, Delhi and NCR, Pune and Bangalore has seen a fresh supply coming in.

According to estimates, in the first six months of 2013, 20 million square feet of office space has been added witnessing a year on year growth of 16%. Additionally, the hospitality market comprises hotels, service apartments and convention centers. Delhi NCR region and Mumbai remain the biggest hospitality markets in India. As tourism is being expanded on various counts, the hospitality sector is gaining from the increase in tourism. This increase is triggered both by foreign and domestic tourists. Highly niche areas like medical tourism in India are also gaining in global popularity and hence putting global limelight on India.

As we move ahead, the real estate industry in India is ideally poised to grow in a better manner. As far as investment opportunities are concerned, real estate is still the best segment to invest and prosper ahead.