Showing posts with label properties. Show all posts
Showing posts with label properties. Show all posts

Monday, October 8, 2007

Real Estate Scenario in Jalandhar

For quite sometime Jalandhar has caught the attention of Non Resident Indians (NRIs), who were earlier interested more in Chandigarh. Nonetheless, the real estate developers like DLF and Ansals have observed the trend well and are coming up with integrated townships meant for NRI segment in the city.

Local real estate major like Nitishree Group has also been developing an exclusive residential township for NRIs named as Shourya NRI City on Jalandhar Amritsar highway. The huge 150 acre township, merely 8-kilometres from the Golden Temple, will house both residential and commercial complexes.

Not just from the investment point of view, more and more NRIs are considering investments in Jalandhar to lead their post-retirement lives and this has further triggered the demand for residential properties in Jalandhar.

With these trends you can notice good availability of lifestyle apartments and luxury bungalows in Jalandhar with modern amenities of swimming pools, entertainment clubs, and hi-tech connectivity via wi-fi etc.

As far as the property prices are concerned, they have shot up by more than three fold in the past couple of years. Presence of high net-worth individuals at the residential locations like Model Town has given fillip to the surrounding commercial office spaces in Jalandhar.

The city is also observing boom in retail business and nearly all national and international lifestyle brands like Reebok, Adidas, Levis etc have set up their base in the town for that matter. At least three projects on shopping malls are likely to come up at different locations of the city in the near future.

Small and Medium Enterprises who have been playing major role in city’s local economy for the past decades are observed in expansion mode and this has further fuelled demand of commercial properties in Jalandhar.

Prices of commercial land in Jalandhar have doubled in the past 12 months. Although the industry experts assert that prices between Rs 2,500 and Rs 4,500 psft for commercial properties in Jalandhar in major locations like Ludhiana Road and central part of the city are quite reasonable vis-à-vis the present scenario. As per the estimates, the prices are likely to go up by more than 150 per cent in the next 6-8 months.

Overall the real estate market of Jalandhar is set to sustain the on-going positive trends. It's great time ahead for those looking for property in Jalandhar as an investment option.

Buy, Sell, Rent Properties, Commercial, Residential Land, Plots, Apartments, Flats, Office and Retail space from reputed builders/developers by our qualified real estate agents with extensive experience in Jalandhar properties.

Monday, October 1, 2007

As Indian economy experiences the boom


As Indian economy experiences the boom in all sectors triggered by its economic and investment policies, the metros or the Tier I cities are the ones that are inundated with burgeoning investments in the industrial and the services sector. Along with large-scale investments has boomed the realty sector creating congestion, arising out of an increasing demand for residential and commercial properties. This congestion in realty structures has forced the respective governments and many investment companies to seek out for alternative smaller cities leading to a demand for Tier II and III cities. One of the basic reasons for investments flocking in to the smaller cities is available properties and affordable prices. Moreover, the special initiatives taken by the respective governments in providing the smaller cities with infrastructural facilities and creation of SEZs, has played a vital role in promoting these small towns into cities of the future. Keeping in view all the congenial factors necessary for setting up corporate infrastructure, the investing companies ranging from pharmaceuticals to financial institutions, automobiles to the IT & ITES sectors; to the retail and real estate sector are opting for the smaller cities transforming them into India's fastest growing cities in a matter of few years.

The large scale investments by the corporate sector in the smaller cities apart from initializing economic prosperity and job opportunities has also created demand for realty spaces. While developers from all the nearby areas flock in to cater to the real estate demands, the property markets in these smaller cities are witnessing along with a changing skyline, an unprecedented hike in real estate prices. While the realty trend in Tier I cities have reached a saturation point, with the yield gap witnessing significant margin of 9.5 to 10 per cent, the Tier II cities record a yield of 10.5 to 11.5 per cent. However, the emerging winners in the present real estate scenario of India are the Tier III cities, which offer greater yields of up to 12 percent. This rising prices and promising future of these cities are driving investors to buy properties predicting long-term gain in years to come.

Recent trend also shows that due to lack of availability of business equipped infrastructure and exorbitant property prices in the existing metros, the IT, ITES and the BPO companies are vying for the smaller cities where they are promised better infrastructure, state-of-the-art office spaces and also skilled manpower. A careful study of these Tier III cities reveals the close proximity of these cities, to the most happening cities of India like Delhi, Mumbai, Bangalore to name a few. Thereby, it will be no mistake if they are called the extension cities of the booming metros. Of late, the tier II cities like Pune, Kolkata and Hyderabad have made business opportunities and infrastructural development like never before. Now it is the turn of the Tier III cities or the smaller cities like Jaipur, Ghaziabad, Kochi, etc. to make it big into the realty business as the government and the corporate sector target them as 'India's next destination cities'.

Monday, August 20, 2007

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.

Tuesday, August 14, 2007

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.

Friday, July 27, 2007

Commercial Properties in Gurgaon

A few years ago the rent of commercial properties in Gurgaon, had gone down to Rs.80 per sq ft per month but today its sky-rocketing with prices like 150-160 per sq ft per month. The real estate residential prices are touching the sky after the success of these commercial properties and the prices have increased from Rs.1200 per sq.ft to Rs.4000 per sq.ft. Big builders like DLF and Unitech are also coming up with amazing projects after witnessing such a positive response of public for malls.
Even the small time builders are now interested in making commercial properties and lending their most of the part on rent. Because of the increased commercial demand the mall space rentals in Gurgaon have increased by almost 60% in the past two years. One very significant fast fact about commercial properties in Gurgaon is that return through rent on the investment in commercial properties is the highest among all segments like residential and office space.
Compared to all the commercial properties around the world, mall rentals in India are quite high. It is because of couple of reasons like the existing regulatory policy and operations of too many speculative investors in the industry. The commercial property in malls of Gurgaon is undoubtedly going astronomical. The rent rates in the malls of Gurgaon are touching an average of Rs.400 to Rs.500 per. Sq. ft., which has to be around 75-Rs 100 per sq. ft. These rates mentioned are excluding the common area maintenance.
But nothing has been able to influence the commercial properties craze in Gurgaon, which is evident from the statistical figure which refers to over a dozen malls being already functional in the area and another dozen malls is at the planning stage. A few of the well-known operational malls in Gurgaon are - MGF Plaza, Sahara Mall, Mega mall, City Centre, Metropolitan Mall, Centrum plaza, JMD Regent Arcade and lately the Specialty mall - Gold Souk.

Monday, July 23, 2007

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.