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Wednesday, May 21, 2014

How to check a builder’s reputation

If you are planning to buy a property under construction, don't just go by the brochure claims. A lot depends on the builder's competence and resources. ET lists some checks before you finalise a project.

1. Ground report

You can conduct a quick Internet search by keying in the company name since customer forums, blogs, news reports, property sites, etc, typically have a lot of information. However, it is still a good idea to go in for field research. Talk to customers who bought units in old projects as well as local brokers. The current market price of the past projects in comparison to peers in the same locality is also an indicator of the builder's standing. 
Read More>>>>>

Tuesday, May 20, 2014

New government: Home prices may not rise immediately


While the the stock markets, the corporate world and a large section of the country's citizens are celebrating the election verdict, 45-year-old Shailesh Singh, a Delhi-based executive, is a worried man. Singh has been hunting for an apartment in the National Capital Region (NCR) for the past six months but has not been able to zero in on one. Now he is afraid that in the euphoria generated by the Bharatiya Janata Party's (BJP) decisive victory, real estate prices may start rising again, making his purchase more expensive.

Why prices won't move up

Singh's worries might be premature. Realty experts are of the view that while there might be some euphoria-driven rise in transactions and a marginal rise in prices, this will dissipate soon. "It will take another 12-odd months before prices begin to rise within the sector. And that will happen only if the new government has a successful first six months and its initiatives put the economy on a higher growth .. 

Commercial rents may rise in coming few quarters

Rentals for office and retail spaces are expected to increase in the coming quarters on the back of rising demand, according to a survey by RICS. 

Royal Institution of Chartered Surveyors, a global body for setting standards in the property sector, said in its latest report that the demand for office and retail spaces rose during the January-March quarter. 

"There are positive indicators in the market. The occupier demand for the first time since 2011 has outpaced the rise in av vailability (though marginally). This means that there is healthy demand for quality space in the market," RICS South Asia Managing Director Sachin Sandhir said in a statement. 

Rents have bottomed out over the past few quarters, he said, adding that they are expected to rise from these levels...
Read More>>>>> 

Saturday, May 17, 2014

What To Expect From REITs In 2014

Real Estate Investment Trust(REIT) is a corporation, trust or association that owns and, in most cases, operates income-producing real estate and/or real estate-related assets. Modeled aftermutual funds, REITs pool the capital of numerous investors. This allows individual investors to earn a share of the income produced through commercial real estate ownership, without having to go out and buy or finance property or assets. “REITs offer important benefits to investors and to property owners alike,” said Joe Mansueto, Chairman and CEO, Morningstar. “They allow investors to easily access real estate investments, and to do so with daily liquidity, diversification and broad choice.”

Sector awaits BOOSTER DOSE

Buyers-end users and investors—must make up their minds soon and enter the market, as prices are expected to appreciate once a new government is sworn in.
A new, stable government will have a positive influence on the economic growth story, which has been sluggish in the past few months. With revival of the economy, the demand for real estate is expected to improve drastically, which would further lift the prices in the sector. Naturally, with the talk of a new government, all the stakeholders— developers, builders consultants, suppliers, end users, investors—have each, come out with a wish list.

Friday, May 9, 2014

How your 2014 portfolio should look like- A forecast for Indian/NRIs Investment

2014 is definitely a year to watch out for especially for those who have a kept a keen eye on Indianmarkets and have wondered the fate of the Indian Rupee. 
Well, amidst all the economic mayhem, 2014 is also important politically. 

Reason: it’s the election year. Economics has always been a hostage to many political gimmicks and unfulfilled promises by the party that comes into power. 2014 is, however, a bit different than any other election year held before. One big difference is that whichever party wins, will either bring very little change or will bring a lot of change. This is because India is going through an economic reform process. The central bank of India (Reserve Bank of India) has been making changes in repo rates in installments making interest rates fluctuate, something similar to what Federal Reserve did in 2008. Investors need to understand that the ‘ruling party’ or even a prediction to which party will form the government in 2014 will have an effect on the markets. This holds true not only for Indian investors but all those NRIs who are looking to invest in the Indian markets in 2014.

Essential guide for NRIs investing in Indian real estate.

In the aftermath of the Sub Prime crisis in the US and the sinking real estate segment in the EU nations, NRIs have been looking homewards for investing in real estate in past couple of years. Additionally the depreciation of the rupee in the last year has further fuelled the demand for real investment by NRIs in India. In some of the Middle East nations as well as places like Malaysia and Singapore the domicile restrictions are forcing NRIs working there to secure a home back in India when the going is good. But before investing in real estate in India the NRI must be clear about the actual benefits, the options available, the procedure involved and pitfalls that may accompany such a financial decision. Why buy a House in India? Currently there are several extremely compelling reasons for NRIs to buy a house in India: The depreciated rupee presents an ideal situation for smart investment in Indian real estate.

Read more athttp://www.moneycontrol.com/news/nris/essential-guide-for-nris-investingindian-real-estate_809882.html?utm_source=ref_article

Wednesday, May 7, 2014

Quick tips to sell your home faster

If you’ve put your house for sale, you’d no doubt want to sell is fast and at the highest possible price. It will require many buyers to inspect your property before you can conclude a deal that is a win-win for both parties. This is a protracted process and can be very tedious because the buyer is looking at a host of re-sale properties and yours is only one among the many he has his eye on. Your task therefore, is to grab his attention by making your house stand out from the fray.

Here’s how you can transform your home into an
 irresistible and marketable home.

Choose the Right Broker
Choosing the right broker is crucial to selling your home. Don’t settle for the first broker you come across. Ask at least three brokers to assess your home and show you some comparable houses they sold recently. Try speaking to their past clients. If possible, inspect the properties they
 deal in. Moreover, ensure that the broker you close on has an easy-to-navigate website and utilizes the services of all available property portals.

Check Your Curb Appeal
Your house must look inviting from the outside. Buyers
 will only step inside if they like what they see from the outside. Ensure that your house’s exterior is well painted and that the ground is clean. If you have a lawn, mow the grass. You can also consider arranging flower planters on the outside to beautify your house’s exterior.

Read More >>>>>

Second home as an investment - buying a land vs flat

The value that you have in your home is the single most important reason why you own instead of rent a home. In the this recent economy of falling house values and unstable housing market statistics, every home owner should know how to put more value back into their homes. Although making home improvements is not a sure-fire way to increase the value, it will at the very least make you more competitive against your competition.  Use these tips to increase the value of your home and enjoy the rewards when it is time to sell your home.
1.) Update kitchen appliances: The most sought after room in your home is the kitchen. It is worth the most per square foot and will make the difference of your home appealing to buyers or not.  If your appliances are more than 3-5 years old consider updating them to the comfortability of your wallet. A newer model, a more designer finish, or more features will help home buyers take a second glance at your kitchen.  For top of the line appliances consider stainless steel and professional series lines.
Read More>>>>> www.exertrealtysolutions.com

Second home as an investment - buying a land vs flat

The second home buyer or investor normally falls into the dilemma when it comes to investing in land or an apartment. Both the investments have some merits and demerits, but there are a few important points that can help an investor arrive at a definite stand.

Buying an independent land/floor means sovereign choice to build a house depending on one's own requirement and constraints. On the other hand, a flat apartment is a redesigned, multi-floored construction. The apartment buyer has lack of freedom to change the shape and size of the construction area. However, it benefits in matters related to security, accessibility and location advantages.


Monday, May 5, 2014

Real estate developers hopeful of surge in demand for housing and office space after general elections

 Real estate developers are looking forward to a revival in demand for housing and office space after the general elections. Experts, however, rule out an immediate easing of the slowdown and point out that demand can be revived only in the medium term after the economy picks up pace and reforms start to kick in.
"There is a challenge today because of the slowdown and also (poor) sentiment. The latter will improve if a stable government comes in, which is already being indicated by the stock market and strengthening rupee," said JC Sharma, managing director of Bangalore-based Sobha Developers. Sharma feels the new government, formed by whichever party or coalition, will be bolder and could undertake stronger policy measures. "They will want to show that they mean business. They will bring in a fresh approach that will augur well for the economy," he said.
Read More

Friday, May 2, 2014

Vihaan Greens @ Rs 2899 only all Inclusive



Vihaan Group presents Vihaan Greens, a renowned residential project, located at Sector-1, Noida Extension (Greater Noida West). Vihaan Greens has offered 2BHK/ 3BHK/ 4BHK flats. It is well equipped with world-class amenities.

Vihaan Group is bringing multistoried new residential project Vihaan Greens Sec-1 in Greater Noida. Vihaan Greens offer 2/3/4 BHK spacious flats with exclusive entrance. People will get their dream homes in their affordable range without compromising on the quality. The main aim behind this project is to construct and manage world class lifestyles at affordable price. Vihaan Greens will provide the flats for optimum value investment. Vihaan Greens at Greater Noida West, comprising of315 apartments & commercial sprawling in 2.5 Acres.
About Vihaan Developer:
Vihaan Group has earned a strong reputation in the real estate industry as group strongly work for the satisfaction of the customers. We have catered to numerous national and international clients belonging to various business domains. As a real estate company we have been redefining the standards of real estate and with our experience. Since inception the company has always strived for benchmark quality, customer centric approach, robust engineering, in-house research, uncompromising business ethics, timeless values and transparency in all spheres of business conduct, which have contributed in making it a preferred real estate brand in Delhi/ NCR.

Vihaan Group has carved a niche for itself in the following sectors:Vihaan Group presents Vihaan Greens, a renowned residential project, located at Sector-1, Noida Extension (Greater Noida West). Vihaan Greens has offered 2BHK/ 3BHK/ 4BHK flats. It is well equipped with world-class amenities.

Vihaan Group is bringing multistoried new residential project Vihaan Greens Sec-1 in Greater Noida. Vihaan Greens offer 2/3/4 BHK spacious flats with exclusive entrance. People will get their dream homes in their affordable range without compromising on the quality. The main aim behind this project is to construct and manage world class lifestyles at affordable price. Vihaan Greens will provide the flats for optimum value investment. Vihaan Greens at Greater Noida West, comprising of315 apartments & commercial sprawling in 2.5 Acres.
 Call Us @ 9555-501-501

Wednesday, April 30, 2014

Noida Real Estate’s Hottest Growth Corridor

Noida Expressway and Greater Noida (including Noida Extension) form a contiguous stretch of land that is the hotbed of real estate activity in the Noida region. 

Property prices in the area have risen a staggering 21 percent over the past year. With residential and commercial properties mushrooming all around, home buyers and investors alike have plenty to choose from. From budget apartments to luxury villas, commercial complexes to retail spaces, themarket is catering to all the verticals of the real estate industry—residential, commercial and hospitality.

Price Trends in the Region
Real estate prices have risen considerably in the Noida Extension and along the Noida Expressway in the recent past. Interestingly, price rise in the Noida Extension has been far more impressive than in the Noida expressway, primarily due to lower base prices.


Buyer Alert: Consider the Loading Percentage Before You Finalise That Flat

Real estate is difficult business for a normal home-buyer. The jargon prevalent in the domain like Carpet Area, Built-up Area, Super Built-up Area, among others can be very confusing for investors who are not acquainted with the domain.

Yes, You Could End Up With Less Space Than You Thought!
Taking advantage of a buyer’s naivety, brokers and developers often mislead them into buying small liveable spaces at exorbitant prices. Many a time an unsuspecting buyer books a flat assuming that he would get ownership of the entire area he is paying for. It is only on possession of his flat that he realises that what he has received is substantially less than what had been promised to him.
Read More

Sectors to watch out for on Noida Expressway

Sector 137 and sector 143 have shown double digit growth over the last one year. While other sectors in Noida have also seen downward trends before showing a revival in this last one year, sector 137 and 143 have displayed consistent rise in capital values.

Sector 137 has seen an increase of about 17 per cent in residential prices to Rs 4,900 per square feet in the January-March quarter of 2014 compared to the same quarter a year ago. Meanwhile, Sector 143 has witnessed a rise of about 13 per cent in values to Rs 4,350 per square feet in Q4 2014 compared to Rs 3,850 per square feet in Q4 2013. 

Read More

Monday, April 28, 2014

Godrej Properties looking to enter Noida real estate market

Godrej Properties Ltd is keen on entering the Noida real estate market and is looking for a partner to develop a housing project, according to a top official at the company. 

The real estate arm of the Godrej group is developing 3 premium housing projects in Gurgaon in joint venture with land owners and has already tied up for a residential project in Okhla, Delhi. 

Godrej Properties has a strategy to develop real estate projects through joint ventures with land owners. 

“Mumbai, Delhi-NCR and Bangalore are our major markets. We are looking at more projects in Delhi-NCR,” Godrej Properties Managing Director and CEO Pirojsha Godrej told PTI when asked about expansion plan in the national capital region.
Read More

Authorities fail to meet ‘transparency’ demand of flat buyers

Despite repeated demands of homebuyers to make details of developers public, Noida, Greater Noida and Yamuna Expressway authorities have failed to upload them on their websites. This move was supposed to ensure transparency and help propertybuyers check legality of housing projects.
With the region witnessing a boom in real estate sector, investors have to beware of land sharks and property frauds, which have barely been reported because of laxity on part of police and authorities. All their claims to ensure transparency in the realty business have been in vain in the past two years.
Several buyers’ associations, too, have demanded that authorities upload important details about developers on their official websites as it’s impractical for each homebuyer to visit their offices to check details of a project.

Thursday, April 24, 2014

Noida plans to slash circle rates

NOIDA: The department has decided to reduce circle rates, especially in group housing and commercial categories, as it has failed to achieve the annual target revenue. Senior department officials said they were not able to generate the revenue due to a steep hike in circle rates undertaken earlier.

The target revenue for Gautam Budh Nagar for financial year 2013-14 is Rs 1,536.60 crore. However, till January, the department has only managed to earn Rs 1,083 crore. Officials said that in the past few months the number of properties being registered have gone down due to the steep hike in circle rates. In 2012-13, the department's target was Rs 1,835.30 crore, but it was only able to earn Rs 1,015 crore. 
 

Construction Update at Vihaan Greens Noida Extension

Construction Update at Vihaan Greens
All Inclusive 2899/-Sqft ALL INCLUSIVE NOIDA EXTENSION!! 
With Loan from HDFC BANK, AXIS BANK, CENTRAL BANK OF INDIA and DHFL.

AboutVihaan Greens


Backed by more than 30 years of experience, a major real estate player, Vihaan developer has helped a lot of customers live their dream. The developer has developed Roads, Rail underpass, Railway Guards & Driver’s Rest House, Hostel Building, Flyover, School buildings, etc.
The company’s clients list includes big names like Indian Railway, CPWD, PWD, MTNL, DDA and many more. These names are sufficient to assure about the quality of developer’s work.
The company has executed number of projects in Haryana, Delhi, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh and Maharashtra.

With 2/3/4 Bhk

2899/-Sqft ALL INCLUSIVE NOIDA EXTENSION!! Call : 8506094504

2899/-Sqft ALL INCLUSIVE NOIDA EXTENSION!! With Bank Loan


About Vihaan 


Greens


Backed by more than 30 years of experience, a major real estate player, Vihaan developer has helped a lot of customers live their dream. The developer has developed Roads, Rail underpass, Railway Guards & Driver’s Rest House, Hostel Building, Flyover, School buildings, etc.
The company’s clients list includes big names like Indian Railway, CPWD, PWD, MTNL, DDA and many more. These names are sufficient to assure about the quality of developer’s work.
The company has executed number of projects in Haryana, Delhi, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh and Maharashtra.
Vihaan Developer's mission:
To be a world-class realty development entity by following utmost professionalism, ethics and customer service.
About Project:
Vihaan Developers presents ‘Vihaan Greens’ a prestigious residential project, located at Sector-1, Noida extension (Greater Noida, west). The developer offers 2BHK/3BHK/4 BHK apartments well equipped with world class amenities.
Perfect Location:
Due to easy access to NH-24, it enjoys a strategic location advantage. Just 5 Mins. drive from Sec 32 metro station, 1.5 km from FNG corridor and 3 km away from sec-77/78 Noida.

For More Detail :
Call Us: 8506094504 , 9555-501-501

रियल्टी की तेजी से सावधान रहने की जरूरत

New bill proposes licences for real estate brokers

NOIDA: The UP government has planned to draft a new law to tighten the noose around fraudulent real estate agents so that interests of homebuyers are protected. A senior official in Lucknow said that under the law dealers are required to register themselves with a local government body and obtain a license for practicing.

The UP urban housing department is drafting the bill to regulate property brokers. "Once the draft bill is ready, it will be approved first by the cabinet and then passed by the legislative assembly to make it a law," said an official.

With the boom in real estate, especially in areas like Noida, Greater Noida and Yamuna Expressway, a large number of cases of property fraud and cheating have cropped up. "Usually police do not entertain such cases or have no means to bring the fraudsters to book. The bill will ensure that interests of the common man are protected stringent action is taken against unethical dealers," the official said, adding that while brokers enjoy handsome commissions, with a few big players making crores of Rupees overnight, they hardly take any responsibility of buyers in cheating cases.
READ MORE

Wednesday, April 23, 2014

Infra sectors to be hit by high land cost

There is a growing clamour against the provisions of a new land acquisition law with several infrastructure sectors - from road, to railway and power - fearing a three-fold jump in acquisition cost due to the new legislation. 

While the other ministries are just fretting over the issue, the road transport and highways ministry has asked government to increase Budgetary allocation for land acquisition. In a letter to the Cabinet secretariat, the ministry has also suggested that the government can seek views from other ministries such as heavy industries and power on how to deal with this issue. 


Real Estate Investing for Beginners: 14 Tips for Success

Are you just starting out?
Sometimes real estate investing for beginners can seem a bit intimidating and it’s easy to get lost in the lights and sounds of all the blogs, books, and television gurus with their slick hair. To help cut through the crap that’s out there I wanted to create a short list of tips you can use as you embark on your journey to find financial freedom through real estate.
No, this isn’t going to teach you everything you need to know. However, I hope this list will help point you in the right direction. It’s not exhaustive by any means, just a brief list of lessons I’ve learned along the way and hope will help propel you toward success. If you are reading this and have a little bit of experience in real estate investing – I’d love for you to share some of your favorite tips in the comments below; but first – here are fourteen tips for beginner real estate investors.

Tuesday, April 22, 2014

Are you looking for an affordable property near Delhi and Noida?


Are you looking for an affordable property near Delhi and Noida? 
You need not worry! Noida-Greater Noida Expressway continues to attract investors, buyers and realtors owing to the infrastructure and good connectivity of the area. Demand for residential and the commercial property on this stretch, which further connects to the 165km-long Yamuna Expressway, is increasing at a fast pace. Residential sectors have developed on both sides of the Noida-Greater Noida Expressway. The main advantage of living along this passage is the rapid access to Noida and Delhi through one side and to Greater Noida through the other. Projects along the Noida-Greater Noida Expressway are coming up with integrated townships, which apart from world-class features also offer golf courses in their developments.

READ MORE

Spotting Real Gems

Just like balanced diet, your portfolio should be a healthy mix of varied assets for good growth. That is why financial advisors say that you must invest a part of savings in real estate too.

If you are looking to buy a house for investment in 2014 and are not sure where you can earn the best returns , don't worry. We bring you what experts say about real estate destinations that will give good returns over the next threefive years.

New Ground


In the last couple of years, the real estate market has changed remarkably in both metro cities and small towns. Prices have crossed the peaks reached before the 2008 economic slowdown.

However, in 2012, the companies grappled with economic uncertainty, low demand, fund crunch and high inflation. "High inflation and interest rates dealt a double blow to developers by increasing input and debt costs. Sales fell as buyers became wary of rising interest rates," says Shveta Jain, executive director, residential services, Cushman & Wakefield (C&W) India, a property consultancy firm.

Still, the mid-end residential segment continued to generate buyer interest. This, and increase in prices of raw materials, pushed up prices in most cities.
Read More

Noida, Greater Noida, Yamuna Expressway attract investors’ interest

NOIDA: UP government's efforts to lure industrial investment in the state have seen Noida, Greater Noida and Yamuna Expresswayemerging as the preferred destinations by a clutch of business establishments from IT, electronics and semiconductor industries. At a recent investment conclave held in Agra, these companies expressed their intent to make an investment to the tune of Rs 5,000 crore. The investment is likely to generate around 9,500 job opportunities.
"Industrialists, who attended the meeting, included- LG International, Oracle, Hind Terminals, India Electronics & Semiconductor Association, Delphi, PTC Industries, etc," said Dr Surya Pratap Singh, principal secretary, infrastructure and industrial development department (IIDD).

READ MORE

Our dreams have been demolished, say buyers of flats in sealed Noida towers

Buyers of flats in Apex and Ceyane towers of Supertech Group’s Emerald Court Complex in Sector-93 here — which the Allahabad High Court has ordered demolished — said they would approach the Supreme Court as the High Court verdict was passed without giving them an “opportunity to be heard”.
The Residents Welfare Association (RWA) of Emerald Court Complex, the petitioner of the case, has already filed a caveat in the Supreme Court.
The two towers house 857 flats, of which almost 600 have been sold. While there is no occupancy, homebuyers said the High Court order that the developer refund them money, along with 14 per cent compound interest, won’t help them.
“When the order for the demolition came, it also demolished our dreams. Most of us weren’t even aware of the dispute and learnt about it from newspapers,” M R Chhikara said.
According to the aggrieved homebuyers, when the units were first being sold in the two towers in 2009, the rate per square feet was Rs 2,600. In the last five years, it has increased to more than Rs 6,000 per square feet.

Monday, April 21, 2014

Millionaires See Real Estate as Top Investment for 2014

About 77 percent of investors with at least $1 million in assets own real estate, according to a survey released today by the New York-based investment bank’s wealth-management unit. Direct ownership of residential and commercial properties was the No. 1 alternative-investment pick for 2014, with a third of millionaires surveyed saying they plan to buy this year. Twenty-three percent said they expect to invest in real estate investment trusts, the second-most popular choice.
Wealthy investors are turning to a rebounding real estate market as fixed-income yields remain historically low andequities surge. U.S. commercial-property values rose 8 percent in the 12 months ended Jan. 31, and have jumped 71 percent since hitting their post-recession bottom in 2009, 

Sunday, April 20, 2014

Why You Should Be Investing Your Money In Real Estate

As entrepreneurs find success with their primary business ventures, many search for the proper investments for their profits.
Of course, we can and should all start traditional tax preferred vehicles like an IRA and 401k. These are the bedrock of good 'benefit' planning for ourselves and our employees. I'm also convinced more entrepreneurs should consider rental real estate as an important part of their portfolio.

I realize many business owners shrug off this concept after the recent downturn in real estate values, but let me list a few reasons that may change your mind:
1. Gain more leverage. Real estate is one of the few investment vehicles where using the bank's money couldn't be easier. The ability to make a down payment, leverage your capital, and thus increase your overall return on investment is incredible.