REAL ESTATE BENEFITS

DEVELOPERS OFTEN THROW IN SOME ADDITIONAL BENEFITS TO ENCOURAGE PEOPLE TO BUY PROPERTY AT A PARTICULAR STAGE

There are a lot of offers that are made by developers to the investors or to those who want to buy some property. These are usually seen during festive times and hence it becomes very important to understand the nature of the benefit and whether they actually want to make use of the situation. There are various ways in which this situation can be achieved.

Interest discount

One of the best ways in which a property will be sold is by giving a discount to the buyer in terms of the interest that they will pay on the loan that they have taken for buying the property Most individuals take a loan for the purchase of a property and they will be made an offer whereby the rate of interest on the loan is reduced for a specific time period so that the individual is able to pay a lower amount when it comes to the loan repayment figure. This is expected to encourage people to go in for buying at this current stage.

Less cost

There can be some additional benefits that the developer will throw in so that a person is encouraged to buy the property at this particular stage. The benefits can be extremely varied and would range from the availability of several additional services for the individual to enjoy in their new house to the fact that they might even get far more than what they would have normally received by paying the amount that they are actually doing. This can be reduced charges for parking or it can be additional services in the house. These benefits would vary from developer to developer and the individual will have to make a correct evaluation of the offer that is made to them.

Freebies

There are often several freebies that are thrown in when a developer would like to increase sales and this can include free membership at some local club or some other benefit. Some developers might provide several types of furniture in the house or there might be some add-ons for the individual without him having to pay more. There are several variants that can be adopted when freebies are thrown in and the individual will have to be alert about the kind of benefits he is receiving and whether these are actually worth going in for.

Discounts

The last thing that developers often offer is discount in the price of the property. This is used as a last resort and creates a situation that is in favor of the buyer. It gives the buyer a good value for money by brining down the cost. In most cases the discount is available for a few days within which the prospective buyer has to take a decision.

FACING REALTY

There are a lot of offers in the festive season
One common offer is for a reduced rate of interest
There are also some cost reductions for buyers
Free gifts are also thrown in to sweeten the deal
The last resort is discounts in the actual rate sales

Courtesy: HT dtd:- 4th Feb 2008

Residential Property Market in India

The thriving Indian economy besides creating job opportunities has triggered a market for residential properties in India. Today is the time of bullish residential property market which is a fast growing segment in real estate India. Most urban cities of India are warming up to increased residential property activities as a spin off from the IT, BPO and other Multi National Companies’ (MNCs) related commercial developments.

The vast potential of the fledgling segment i.e. Residential Property in India is being realized and coming up as a major area of interest that is fast gaining momentum in Indian real estate. There is a greater stress on quality developments now more than ever. Demand has picked up for apartment developments.

Recent trends in the industry point to the viability of real estate investment with returns that will be long-term. The major shift in the co-ordination of construction projects from architects to project management providers has led to improved delivery standards. World-class residential buildings, apartments and condominiums are increasingly dotting the cityscape.

With India taking on globalization over the past few years and the subsequent influx of MNCs and skilled professionals across cities like Mumbai, Pune, Bangalore, Chennai, Delhi, Kochi, and Kolkata, service/ residential apartments are fast emerging as the preferred choice for those scouting ‘home away from home’. Investing in residential property as the latest trend has given the hospitality and property market in India a huge competition.

MNCs and Corporates in India

The industrial setting in India has been going through a phenomenal phase due to its sudden recognition as the global business hub for MNCs and corporates alike. Most of the premier globally networked industrial enterprises and corporate identities are fastly locating their base in new age India for better growth prospect.

The corporate friendly industrial policy has attracted a large number of multi-national corporations (MNCs) in the last few years to India. These multinationals have come here to set up industries either themselves or through franchise as the upgraded industrial policy of India offers competitive advantages to foreign investors.

India offers certain unique opportunities for investment which makes it a favorable investment environment. Most of the reputed global MNCs prefer operating in India rather than in China because of Indians' expertise in the English language and lower wage costs. India has an enviable pool of high quality, talented professionals and the largest population of English speakers outside the US. These vital factors have attracted a large pool of NMCs and coprporates to India, the world's most preferred manufacturing hub.

With the removal of restriction on entry, diversification and expansion of multinational corporations in the past decade, India has become a gateway for progressive investors. Foreign direct investment in India up to 100 per cent equity in a business venture is being allowed on a wide-range of products. In this extremely liberal investment atmosphere, the benefits for MNCs and corporates are very high.

India, the software super power, houses a large number of IT Parks, Business Centers and SEZs to offer an unparallel global corporate atmosphere to its investors in prominent cities such as Bangalore, Gurgaon, Noida, Hyderabad, Chennai, Chandigarh, Kolkata, Mumbai and Pune. These world class facilities make India the foremost choice for MNCs and Corporates.

Commercial and Residential properties in India

There is a real need for new construction to keep pace with India's robust 7% economic growth. The commercial and residential real estate market in India is valued at about $50 billion now, and is expected to grow 25% annually. Rental income yields are more than 12% in India, compared with 9% in China and 5% to 8% in developed markets. Pent-up demand could increase that return. Analysts see an annual shortfall of 20 million housing units through 2011, and they say India will see 75 million sq. ft. of retail space by 2007. 3 years ago, India, with 1 billion population, had just three shopping malls. Now investors are planning 250 new centers by 2008. Some says, it all amounts to "the biggest growth story in organized retail ever witnessed on Planet Earth.

Overseas companies are taking advantage. Last February, India adopted a regulation allowing foreigners to bid on Indian construction projects without local partners. (They still cannot own property or buy and sell existing buildings.) Since then a half-dozen foreign builders, including New York-based Tishman Speyer, have launched projects. Atlanta's Portman Holdings, which helped develop Shanghai a decade ago, will open an office in Bombay by yearend. The foreigners are expected to bring the latest technology, discipline, and management systems to this nascent market.

About 70% of the new construction is for the IT industry -- whether it's tech parks for companies or housing and shopping centers for their employees. The most stunning new development is in Bangalore - Adarsh Palm Meadows, an 85-acre California-style gated community complex of commercial, residential, and IT park space. In Bombay, K. Raheja Corp. spent about $1.4 billion building a 5 million sq. ft. upscale complex called Mindspace, which includes IT back office space, residential towers and stores.

On the residential side, the increasing affluence of IT workers and more liberal bank lending has helped sustain the building boom in houses and apartments. The average age of a new homeowner is now 32, compared with 45 a decade ago, according to Kotak Property Trust. And the typical mortgage is now 20 years instead of 10. The average price of a middle-class home in Bombay has shot up 40% in the last three years.

Investment in Indian real Estate !!

Demand for office space in India from multinational companies has grown from an estimated 3.9 million sq. ft. in 1988 to more than 16 million sq. ft. in 2005, according to Cushman & Wakefield. Over the next two years, demand is expected to grow 14.5% annually to just over 20 million sq. ft. per year.

Investors in Indian real estate can expect net operating income to increase a minimum of 10% annually based on increasing rental rates. Although 80% of the demand for office space is created by the IT sector, other industries such as banking and financial services, biotechnology and pharmaceutical are growing.

The expansion of new and existing companies is creating a growing middle class with significant investment power in Indian real estate. Around 200 to 300 million of India's population can be described as middle class, which translates into expanding levels of disposable income that can be spent on upgraded housing, entertainment and retail goods and services, as per Indian real estate experts. India's strong economic growth and growing middle class are collectively driving a change in cultural values. Earlier a lot of people stay with their extended families, but today a lot of young people are buying their own homes and adding that industry experts have estimated that India suffers from a shortfall of 20 million homes in major metro areas. The housing shortage translates into an investment in Indian real estate of $325 billion to $350 billion just for residential development alone.

Which adds up the aesthetic look & a commercial property considerably.

When you are building commercial property in India, you need to ensure that the returns from the investment are as high as possible. It is in this direction that the builder tries to add features that will add greater value and hence enhance the chances of making more from the deal or new construction. A commercial property consists of both immovable assets like the building itself and movable assets in the from of various fixtures and fitting that have a vital role to play as far as value addition goes. Even a small bit of renovation or and spending more finances will raise the value of the commercial property and it's marketability.

A prospective buyer or tenant would like to have a well made ceiling of commercial property and that should be as presentable as possible so that once a person sitting inside looks up at it, he gets a feeling of happiness both visually and satisfaction. There are a number of options in the aspect of sprucing up the commercial property and perhaps one of the best and more attractive that are present in buildings of the developed world is to have new ceiling by suspension. Another option is a coffered ceiling look with units hanging from the ceiling wit lighting fixtures provided for maximum benefit at low energy cost. Which adds up the aesthetic look & a commercial property considerably.

Real Estate solution and best Property Deal.

India is the "most preferred" destination for foreign direct investment (FDI) such as joint ventures and Real Estate investments and New Delhi being its capital is the best place to invest. The realty sector of India is on an upsurge due to the conducive FDI policies so this is the best time to materialize a property deal in one of the most prominent cities of the world.

If you've plans to invest in Delhi or New Delhi, the capital of India, then you're in the right place as our site www.zameen-zaidad.com has real estate tied up with India's best and world class builders, promoters, constructors and agents for providing you the ultimate Real Estate solution and best Property Deal.

Delhi, a modern cosmopolitan city, is the best example of a multi-ethnic and multi-cultural society. It's the center of the vast Indian bureaucracy and political system with an ever expanding economy. Delhi's real estate steadily-increasing quality of life, a booming economy and consumer market makes it one of the hottest destinations for investment.

A property in Delhi real estate will be a prized possession as it's centrally located and most of the prominent cities of India and the Metros are well connected with Delhi. Delhi also houses some of the premier educational institutions of India and many quality schools and it is home to a number of renowned intellectuals, museums, art galleries and places of historic importance.

Foreign investments in Delhi real estate promises high return on investments, as FDI policies in India are among the most liberal and attractive in emerging economies. So, invest in Delhi real estate India and be a part of this most promising economy.

Delhi is one of the hottest destinations for investment in residential and commercial properties in India.

India is not only the "most preferred" destination for foreign direct investment (FDI) such as joint ventures and Real Estate investments and New Delhi being its capital is the best place to invest but also for investment in residential and commercial properties in India. The realty sector of India is on an upsurge due to the conducive FDI policies so this is the best time to materialize a property deal in one of the most prominent cities of the world.

If you've plans to invest in Delhi or New Delhi, the capital of India, then you're in the right place as our site www.zameen-zaidad.com has residential and commercial properties tied up with India's best and world class builders, promoters, contractors and agents for providing you the ultimate Real Estate solution and best Property Deal.

Delhi in India a modern cosmopolitan city, is the best example of a multi-ethnic and multi-cultural society. It's the center of the vast Indian bureaucracy and political system with an ever expanding economy. Delhi's steadily-increasing quality of life, a booming economy and consumer market makes it one of the hottest destinations for investment in residential and commercial properties in India.

A residential or commercial will be a prized possession as it's centrally located and most of the prominent cities of India and the Metros are well connected with Delhi. Delhi also houses some of the premier educational institutions of India and many quality schools and it is home to a number of renowned intellectuals, museums, art galleries and places of historic importance a part from being a residential and commercial property hub of India.

Foreign investments in residential and commercial properties in Delhi promises high return on investments, as FDI policies in India are among the most liberal and attractive in emerging economies. So, invest in Delhi, and be a part of this most promising economy.

Commercial Properties in India

Real estate is the term referred to immovable property or real property such as a building. Commonly said real estate is the legal term provided to the immovable property. With the development of the real estate and the emergence of the private or public sector in the real estate, it has become a major area of business.

Purchasing and selling a real estate property means high amount transaction and a significant investment; hence reliability, trust and faith plays a major role in this field. Depending upon the hour of the need the real estate business required specialization in fields like real estate marketing, appraisal or valuation service, brokerages; property management etc

within each field, a business may specialize in a particular type of real estate, such as residential properties, commercial properties, or industrial property. In addition, almost all construction business effectively has a connection to real estate or commercial properties.www.zameen-zaidad.com is perfect place in all fields. You will find all services for real estate marketing, investment property, real estate for sale and commercial property for sale in India.

An important term used among the terminology of the real estate is the market value and price. The market value is similar to price of a commodity but has some difference too. The definition of market value is that Market Value is the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arms-length transaction after proper marketing wherein the parties had each acted knowledgably, prudently, and without compulsion.

Market value is the fluid concept, ever changing, while price is a historical fact at a time of transaction. A price obtained for a specific property under a specific transaction may or may not represent that property's market value: special considerations may have been present, such as a family relationship between the buyer and seller, or else the transaction may have been part of a larger set of transactions in which the parties had engaged.

Zameen-zaidad.com is committed to providing exceptional commercial properties in India. Whether you are looking to acquire, sell, lease, or develop commercial property in India or your interest is in real estate real estate marketing, real estate investment, real estate companies, rental property, real estate sales, commercial property in India for sale or whatever related to commercial property we have solution for your every need. We let you have professional advice and market knowledge to help find the best solutions for your commercial property needs in India.

Real Estate in Gurgaon

The unprecedented growth in real estate sector can be very much seen in the metros and big cities like Delhi, Mumbai, Bangalore, Pune etc. This amazing growth can be attributed to the increasing purchasing power of the people. The power to purchase has gone up remarkably due to availability of ample job opportunities in almost all the sectors of the economy. Gurgaon has also gained popularity on the same prameters; the boom in realty sector could only possible after the huge employment opportunities in Gurgaon.

The industries which have played key role in creating employment avenues are Information & Technology, IT-enabled and BPO. Apart from this manufacturing sector have also set-up wide spread operations in Gurgaon. With the increase of commercial activities the demand for office space as well as residential properties in Gurgaon has increase manifold. The reputed developers operating in Gurgaon have created world class properties to meet the increasing demand. There is huge availability of shops for sale in Gurgaon malls. These malls in Gurgaon have been developed keeping in mind the current trends in the market. Gurgaon is quite famous for having the maximum number of quality shopping malls, residential and commercial properties in the region.

The real estate in Gurgaon has been a great success story and has motivated development in the other regions of the country. The investment in real estate in Gurgaon has proved to be a profitable venture for everyone. People who own real estate in Gurgaon are commanding good rentals with the increasing demand for commercial as well as residential space.

Office space demand in India

Commercial space absorption increased by 42% from January to July this year. During the entire 2005, the relevant office figure was 3.5 million sq ft. The office space market has primarily been driven by the IT/ITES sector, which accounts for about 75% of the total office space in India absorption in NCR.

The study conducted by the leading global property advisor DTZ Debenham Tie Leung further reveals that Gurgaon accounted for about 63% of the total absorption of office space in India the first six months with a total of 3.2 million sq ft. Over 4.4 million sq ft of office space has been leased over the past 12 months. Due to the increased demand and shortage of supply in the short term, rentals have increased by 44% in the past year in this region. Notable transactions in Gurgaon this year included IBM leasing 500,000 sq ft, SAP 100,000 sq ft, Satyam 85,000 sq ft and PWC 75,000 sq ft. IBM currently has a total commitment of about 8,00,000 sq. ft. of leased office space in Gurgaon. At the same time, CBD (central business district) and SBD (secondary business district) are attracting corporate due to improved connectivity and attractive location. The CBD (Connaught Place) with limited supply of Grade A space has witnessed absorption of only 81,800 sq ft this year. Banks, financial institutions and consultancy firms with a high consumer orientation dominate the office space demand. Due to limited supply and increasing demand office space rental values have increased by as much as 51% in the past one year and are touching Rs 250 per sq ft (in some select buildings). Key leasing transactions in the past quarter included Thales taking up 12,000 sq ft and Times Now taking up 8,000 sq ft.

Investors Choice

India becomes the favorite investor’s hub for office space for IT, ITES and the BPO sector. As a result of this, the real estate market in top Indian cities is witnessing a boom. Apart from the IT/BPO sector, the ancillary industries (banking, insurance, hotels, transport, catering) which are growing as a result of the IT/BPO office space boom are going to account for a large share of the real estate boom.
These sectors account for 70-80% of the commercial real estate or office space absorption in these cities. This heavy absorption by the knowledge industry has resulted in the total commercial or office space absorption in India going up to almost 15 million sq ft in 2004 from 8-9 million sq ft a few years ago. In terms of IT and real estate activity levels, the Indian cities can be classified as Tier I, Tier II and Tier III.
Tier I cities are those which account for almost 60% of the real estate office space absorbed.
Tier II cities are the ones which saw substantial IT activity and saw good real estate growth in the last few years
Tier III cities are the ones that are yet to emerge as key IT/BPO office space destinations.
As the boom continues, the real estate investors from India and all over the globe are setting up operational bases in the top cities Tier I and Tier II cities to cater to the increasing gap between the demand and supply of office space, residential and commercial properties in India. They can be considered as the hottest destinations with sustained buoyancy, offering double digit returns on real estate investment.
The major investments in the corporate sectors office space mainly the IT and BPO sectors are concentrated in the premier cities of India like Delhi, Mumbai, Bangalore, Chennai, Kolkata, Hyderabad, Gurgaon, Chandigarh, Pune etc. The real estate development in these cities for office space, residential and commercial properties in the last few years has been phenomenal and the realty prices in these cities have also skyrocketed.
Real estate investors in any part of the world would always opt for cities to set up homes or corporate office spaces where there is a planned outlay of the city and its associated infrastructure. Coming to basic infrastructure and investment options Delhi, Mumbai and Bangalore have emerged as the top three investors’ choices for real estate investment. The realty in hot metro destinations is driven by the global outsourcing wave sweeping India. As far as the commercial, retail and entertainment segments are concerned; estimates suggest that by the end of 2008, the eight largest Indian cities will experience a supply of around 66 million sq ft of new retail space through more than 200 proposed retail centers.

RESIDENTIAL & COMMERCIAL PROPERTIES BOOM REACH NOIDA

Noida, the largest industrial town of Asia, has undergone a paradigm shift in the last few years where price of residential and commercial properties have skyrocketed beyond expectations. The residential & commercial properties in Noida are hitting the sky, which is also due to a large migration of people from Delhi who are being bullish to make it their home.
As a part of Uttar Pradesh, Noida cannot remain untouched by the problems prevailing in the state. Despite all, the individuals who have bought residential and commercial properties in Noida witness to live a splendid life.

Noida certainly benefits from the relative proximity to Delhi clubbed with excellent network of roads, 100 per cent power back up make up for a good idea to stay here are a few factors which have affected people to buy residential and commercial properties in Noida.
However, the city is just seeing the residential & commercial phenomenal growth in properties with the least improvements in its infrastructure facilities. Noida lacks in providing proper security to its citizens, which needs strict enforcement of law and order systems to restore reaffirm the faith of NOIDA residents as also to press for the concerned agencies for rapid growth for its infrastructure.

Residential and commercial properties in Kundli

As the construction of the Kundli-Manesar-Palwal (KMP) Expressway gathers momentum, investors to residential & commercial properties in Kundli and Sonepat may soon see their dream of Kundli going the Gurgaon and Noida way turn into a reality.
The Rs.1,800 crore project has an exhaustive list of facilities attached to it which would support the Government’s initiatives in developing the 2,000 acre Rajiv Gandhi Education University specializing in the IT, Biotechnology and Nanotechnology sectors. These services include: a trauma centre, helipad, parking zones, refilling booths, refreshment courts, police stations, car washing and recreational outlets.
The cloverleaf interchange at the crossroads of the Expressway and NH 1 was recently approved, leading to elation amongst the developer community in Kundli. Residential and commercial properties in Kundli are expected to ramp up faster as the expressway project advances.
TDI City by the Taneja group is one of the large scale properties in Kundli coming up on 1,200 acres of land. Real estate developers Parsvnath, Omaxe and Ansals have also chalked out large residential and commercial projects in Kundli.
Steps to improve Kundli’s infrastructure have already been taken, with a proposal to take the Delhi Metro to Faridabad, Bahadurgarh and Kundli. The Rajiv Gandhi Education City, or Knowledge City is being planned on 1500 acres on NH 1 and the KMP Expressway. This will further boost the residential & commercial properties in kundli (sonepat)
The Special Purposes Vehicle on the project promises to complete the expressway by 2009. The project is expected to fuel residential & commercial properties development in the Global Urban Corridor, with the development of Special Economic Zones, financial hubs, residential & commercial properties and mixed-use townships, Industrial Model Townships (IMT), food processing units and tourist getaways. Pedestrian crossings have not been overlooked, and cattle crossings, agricultural vehicle crossings and underpasses have been adequately provided for, keeping in mind the countryside the expressway runs through. Proposals for truck parking lots, bus ways and rail over bridges have also been made to the railway authorities.

The KMP Expressway will bring residential & commercial property investors flocking not only to Kundli, but also to Sonepat, Jhajjar, Gurgaon, Mewat and Faridabad in the NCR.

Notable developments along the expressway include the Rai-Kundli Multi-Functional Complex, which has an Export Promotion Industrial Park and a Food Park. The Industrial Model Township in Manesar near Gurgaon on 5,000 acres has already been spotted for investment by MNCs Denso, Honda, Suzuki, Mitsubishi and Duracell. As such, property prices in Kundli have considerably escalated from Rs 25-40 lakh/acre to Rs 2-3 crore/acre. Experts predict a further doubling of property rates once all the projects are under way.

WANNA MAKE AN OFFICE AT HOME

For the number of Delhiites who prefer working from home, we office space suggestions on how to make a good home-office space great. And this can be achieved in just a few simple steps. For starters, you need to keep the noise down. It must not come in the way of work. If you can, build sound-deadening features into the walls and, if need be, the ceiling. But if your office space is already in place, consider plywood or thick panels.

An office at home needs privacy. And this doesn't necessarily come with a lockable office door. Take privacy a step further with a ‘surround wall.’ These are light, portable screens which can be positioned to provide visual screening and separation.

You also need good lighting. Architect Neal Zimmerman, author of Taunton’s Home Workspace Idea Book, suggests installing a small canopy or umbrella in a corner and aiming light at its underside. Your office will be showered with a bath of light, not to mention providing a degree of privacy and soundproofing – all at a sliver of the cost of pricey lighting fixtures.

Then, remember, you don’t have to think that office space needs to be done up in conventional colours. In fact, you can try using bright, flashy colours. After all, colours can greatly influence our mood and, hence, our productivity and intrinsic satisfaction with what we do. After splashing some on your office walls, you may be surprised at how your mood and work take off.

Why not add some plants to your home-office space? They look attractive and help clean the air, besides adding privacy – a shelf of ferns and spider plants builds a pleasant but effective buffer.

Be careful not to ‘live’ in your home office. One final element that can make a good home-office exceptional is as much the mindset as anything else. Of course, personalising your workspace – be it with family photos, mementos, etc – is essential to making your office an appealing spot. But be cautious about carrying things too far. Make sure you don’t live here or spend more time here than is required. Not only will that get you out of your office more, it will also make your time in your workspace that much more focused, fresh and, ultimately, better spent.