Mahagun Mywoods Greater Noida West

Mahagun Mywoods Greater Noida West :

Who would not like to live in an eco-accommodating spot? A paradise where current enhancements will walk as an inseparable unit with peaceful vibe, and green magnificence. An area where one would love to come back from a hard days work to revel in happy nighttimes with family and companions. With Mahagun Mywoods, such wishes are anticipated to turn genuine. A sprawling zone of 60 sections of land encompassed by rich green woods and a peaceful lake at the core. To top everything a plenty of world class luxuries and offices make this gated group a standout amongst the most attractive habitations of the range. Mahagun is synonymous with extravagant way of life. It has re-imagined the standard of value living in the NCR by creating perfect undertakings before due dates.

Floor Plan 1235 sq.ft :

Floor Plan 1370 sq.ft :

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ICRA Says, 19 Million Square Feet Housing Unsold in Gurgaon

ICRA Says, 19 Million Square Feet Housing Unsold in Gurgaon :

According to the ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited), the Gurgaon’s housing market is sitting on an unsold inventory of nearly 19 million square feet, 28 per cent of the total area under development. This is happening because of a slowdown in demand and a consequent surge in supply of real estate housing units.

But the credit rating agency has also said that in the near future, things will improve and sales would outstrip demand in the near term, ICRA Research has mentioned this in its latest report on Delhi-NCR residential market.

According to this released report, giving a glimpse of the Gurgaon market, Golf Course Road Extension and New Gurgaon have remained the most active micro markets in Gurgaon as these places have witnessed maximum number of new launches in the real estate housing segment. Additionally, according to the report, the total area under development in the Gurgaon real estate market stands at 66.11 million sq ft as on end of March 2014.

And hence according to the report, it is estimated that the total unsold inventory in Gurgaon is at 18.82 million sq ft, especially with 63 per cent unsold inventory coming under the Golf course road extension and New Gurgaon area.

As per the rating agency, the high unsold inventory is because of a surge in supply in New Gurgaon and Golf Course Road Extension amidst a slowdown of demand in real estate.

Supertech Grand Circuit Yamuna Expressway, Greater Noida

Supertech Grand Circuit Yamuna Expressway, Greater Noida :

• High climb premium sumptuous condo • Adventure significant others’ heaven with the faultlessly planned F1 racing circuit, games and entertainment peculiarities like ICC standard cricket Stadium, preparing institute and Night Safari in the area • The wellness fans are offered with offices like Gym, sauna, spa and swimming pools alongside rich green yards coordinates with running tracks and reflection cabins • For the amusement of children, young people and senior nationals, separate zones are arranged as kids’ play regions, clubhouses and group habitats for little gatherings, standardizing and senior native parks • Tertiary-mind Hospital and a few state of the workmanship Nursing Homes in Upcountry

Floor Plan 625 sq.ft :

Floor Plan 900 sq.ft :

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Government Hikes Delhi Circle Rates by Up to 20 Per Cent

Government Hikes Delhi Circle Rates by Up to 20 Per Cent :

While this will increase the cost of owning a property in delhi, this will also inch towards better regularization of property dealings in Delhi.

Giving way to a rise in the rates of property, the Delhi government has announced up to 20 per cent increase in circle rates. As a basic parameter that decides the rate of property purchase and sale, circle rates are regarded as the basic rates below which a property cannot be registered, sold or purchased and hence this rate creates the platform for the government to charge stamp duty and registration money specific to a property deal.

It is important to note that circle rates, introduced in 2007, are revised periodically and almost instantly ensure that the property rates are increased to match the latest circle rates. As far as Delhi is concerned, the circle rates were last revised in the month of November, 2012, when the circle rates were hiked by almost 200 per cent.

As there is still a lot of non-regularized transactions taking place in India’s real estate sector, and there is a level of black money component that goes with any real estate dealing. As a result, there are times when actual transactions take place much above the government’s prescribed circle rates for any location.

Keeping this in mind, the government is trying its best to close the gap between the actual market price of the property and its circle rate as this will lead to regularization of property transactions with very little room for any black money involvement.


Property in Delhi

DPL Homes Casa Romana Sector 22, Dharuhera

DPL Homes Casa Romana Sector 22, Dharuhera :

DPL Homes is a Real Estate wander from the Promoters of Magppie Group, a configuration headed brand for premium Home Accessories. It offers state-of-the-craftsmanship Residential, Commercial & Infrastructural Development to its Customers, Investors & Society on the loose. The Group concentrates on its most elevated guidelines of standards and unparalleled professionalism. · After effective deliverance of 23 Lacs Sq. Ft. Territory and consistently accumulating an enormous base of 2000 pleased clients, the organization has presented its prestigious private venture with global development gauges, spread over a region of 17 sections of land (Approx.) · All the towers in the township have premium offices like Air-adapted Waiting Lounge/ Reception and Bell Desk with gear trolley · Club is furnished with lush offices like Swimming Pool with Splash Pool & Jacuzzi, Gymnasium, Salon & Spa, Concierge Service, Restaurants, Café, Indoor Games and ‘On Demand’ customized Movie Theater and so forth · Ultra-current components like zones for Sports, Elders, Recreational and Social exercises, have been reserved in the scene of Casa Romana. Notwithstanding these, different peculiarities like Palm Courts, Garden Pavilion and Kids Play range and so forth will be a treat to your eyes.

Floor Plan 980 sq.ft :

Floor Plan 1225 sq.ft :

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“Housing for All” Real Estate Bill set to be Introduced Soon

Real estate bill “Housing for All” Real Estate Bill set to be Introduced Soon



“Housing for All” Real Estate Bill set to be Introduced Soon :

If all goes as per the plan, India is set to experience a whole new paradigm shift in the way affordable housing is deliver to the common man.

All the basic work is in place to introduce the Modi government’s much awaited “housing for all” real estate dream in the upcoming winter session of the Parliament in the month of November 2014.

According to experts close to the development, there is fast paced work going on to amend India’s skyline for a better tomorrow and as part of this initiative, the Real Estate Regulatory & Development Bill will be introduced in Parliament soon.

The introduction of this real estate bill is set to put an end to a five-year wait for this piece of legislation in the real estate segment of the country and is also likely to herald a new era of reformed real estate which would be in the budget for everybody.

Additionally and as per the directives of Prime Minister himself, the framework for the recently announced Smart City Project is also awaiting finishing touches. When finalized, this framework is set to address the finer details of the Public-Private-Partnership model, the one that has seen keen interest from domestic players and some in Japan and Singapore.

Besides attracting large investment, these regulations will also bring in better level of transparency, and drive a unique encouraging environment to the sector making it more attractive for the banks to put in more money for the segment’s growth in India.


Affordable Homes in India