This project has 2bhk, 3bhk with many amenities and features. It is located near upcoming ISBT & Metro depot + 5 metro stations with in 3kms radius. You can access there from NH-8 Expressway & Dwarka expressway. Flats are spread 1050 Sq. Ft. and 1340 Sq. Ft., Price of these flats is respectively Rs. 38, 45000 and Rs. 49, 45000. Extra charges will be additional charges for taking the facility of power backup, club membership and car parking.
Mapsko Paradise comes across in mind for premium living with affordable pricing. It is earthquake resistant building with eco-friendly design, 24/7 treated water supply, 100% power backup & high speed capacity lift and rain water harvesting system. The floor walls are created with vitrified tiles oil bound distemper with pleasing shade, bedroom s with wooden laminated in Master bedroom s& vitrified tiles in remaining bedroom oil bound distemper with pleasing shade with POP carnie OBD. The kitchen is created with ceramic Tiles up to 2 feet above counter & OBD in balance area antiskid Ceramic Tiles, granite branded Cp fitting, SS Single bowl/single drain board sink. Toilets are created Ceramic Tiles till 7’0” height, Mirror & Acrylic Emulsion Combination Antiskid Ceramic Tiles Granite Branded Cp fittings, WC & Wash Basin. All electrical installation in this Residential apartments are with Copper Electrical wiring thought in concealed conduit with provision for light point, Power point, TV & phone Sockets with protective MCBs, modular switch. There is powerful security system like Single Entrance & exit, gated community, Security Card System for entrance into the complex. CCTV in common areas, Fire fighting system. There is facility of club, swimming pool, kid’s pool, Gymnasium in this complex.
For more information about property, sell, buy, lease, rent, residential property in Gurgaon, Residential house in Gurgaon, Residential Villa in Gurgaon, Bungalows in Gurgaon and Residential Complex in Gurgaon log on to http://www.zameen-zaidad.com or http://www.propertycafeteria.com .
Saturday, December 18, 2010
Tuesday, November 30, 2010
Real Estate India - Zameen-zaidad.com, Residential Real Estate Property -Residential Apartments India - Independent House Flats Villa Residential Land- Residential Listings India
Real Estate India residential and commercial properties in india and information about real estate delhi in India.
in reference to: PR4 Premium Website Directory- Blogs > Business (view on Google Sidewiki)Saturday, November 20, 2010
Real Estate India - Zameen-zaidad.com, Residential Real Estate Property -Residential Apartments India - Independent House Flats Villa Residential Land- Residential Listings India
Real Estate India residential and commercial properties in india and information about real estate delhi in India.
in reference to: Submit Article « Immense Search Directory (view on Google Sidewiki)Thursday, November 18, 2010
Shri Balaji Hitech construction has launched residential apartments Balaji Residency in indirapuram
It is a residential space by the Balalji construction in Indrapuram. There are 2/3 BHK provided with the full facilities. These apartments are available on the affordable price and installment plan. It is located at Delhi/NCR that’s make it special. You can fill your every requirement and get any facilities which available in the metro cities. It is a multi storied building Flats are available in two super areas 1250 sq. ft. and 1650 sq. ft. The basic price is Rs. 3000/- per sq. ft.
External and internal wall are well painted by the shades of acrylic emulsion paint / ceiling in distemper. Vitrified tiles are used to designs the floor of the bedroom and dinning, kitchen floor made by the ceramic tiles. There is granite counter with twin bowl stainless steel sink drain board and CP fitting. Doors and window designed by the wooden frame and well polished. Fitting of the water pipes inside and outside both are finished. Copper wire used in Electrical wiring and branded switches and sockets. Electrical cabs are fire resistance and low smoke. Central park, jogging track, a huge fountain in lobby of building, a wide garden with full of greenery are also available. There is a health club with a swimming pool, gym with latest machines, a community hall for the functions and meeting. Balaji Residency is a complete luxury house for a family.
There are many outing destination like malls, multiplexes, parks. Shipra mall is close from it. Hospital and school is only 1km far away from it, airport is 6kms away. There is a wide road around the building. We have 2tire securities with CCTV cameras and intercom. Every room has a TV and telephone point. Flats are provided with the 3 fast speed lifts and two staircases.
For more information about property, sell, buy, lease, rent, residential property in Indrapuram, commercial space in Indrapuram log on to http://www.zameen-zaidad.com or http://www.propertycafeteria.com
External and internal wall are well painted by the shades of acrylic emulsion paint / ceiling in distemper. Vitrified tiles are used to designs the floor of the bedroom and dinning, kitchen floor made by the ceramic tiles. There is granite counter with twin bowl stainless steel sink drain board and CP fitting. Doors and window designed by the wooden frame and well polished. Fitting of the water pipes inside and outside both are finished. Copper wire used in Electrical wiring and branded switches and sockets. Electrical cabs are fire resistance and low smoke. Central park, jogging track, a huge fountain in lobby of building, a wide garden with full of greenery are also available. There is a health club with a swimming pool, gym with latest machines, a community hall for the functions and meeting. Balaji Residency is a complete luxury house for a family.
There are many outing destination like malls, multiplexes, parks. Shipra mall is close from it. Hospital and school is only 1km far away from it, airport is 6kms away. There is a wide road around the building. We have 2tire securities with CCTV cameras and intercom. Every room has a TV and telephone point. Flats are provided with the 3 fast speed lifts and two staircases.
For more information about property, sell, buy, lease, rent, residential property in Indrapuram, commercial space in Indrapuram log on to http://www.zameen-zaidad.com or http://www.propertycafeteria.com
B.C.C Builder launched a new project “Bharat Green Home” in Indrapuram
Bharat Green Home has residential apartments with all luxurious facilities. These apartments are affordable for the every middle class family. There are 2BHK and 3BHK flats are available It is located next to prestigious TRONICA CITY on Delhi-Baghpat-Saharanpur National Highway. It is well connected to Delhi. This is recognized by the Ghaziabad Development Authority.
Specification of Bharat Green Home
There are glazes tile and marble floor in living room, drawing room, dining room including balconies, Kota stone is also used to make the stairs. All internal walls has plaster and plastic paint with pleasing designs, oil bounded distemper is use of good quality. All frames of doors and windows are well polished. There is granite stone slab in kitchen with stainless steel skin. Electrical work is also well finished. Every room has a separate TV and Telephone point. There is a health club with swimming pool, a grand garden with full of greenery, jogging track and gym etc. We are also providing separate play area for the children.
It is near to the prestigious Noida Electronic City. There is only 8kms distance from proposed world’s tallest building11kms away from Ashram the gateway to South Delhi, just 3kms from Anand Vihar Railway Station. The Metro Rail to reach up to Anand Vihar Bus Terminal & Indrapuram. Many prestigious schools like The DPS, Cambridge, Bharatiya Vidhya Bhawan. St Francis, St Thomas and Indus Valley are close from Bharat green home. It is very close to the world class Ranbaxy Fortis Hospital. Many shopping malls, food court, entertainment zone and Amusement centers with host of multiplexes are in close proximity.
For more information about sell, buy, rent, lease, property in Indrapuram, residential and commercial space in Indrapuram log on to http://www.zameen-zaidad.com or http://www.propertycafeteria.com site map and floor plan images are also available on our website.
Specification of Bharat Green Home
There are glazes tile and marble floor in living room, drawing room, dining room including balconies, Kota stone is also used to make the stairs. All internal walls has plaster and plastic paint with pleasing designs, oil bounded distemper is use of good quality. All frames of doors and windows are well polished. There is granite stone slab in kitchen with stainless steel skin. Electrical work is also well finished. Every room has a separate TV and Telephone point. There is a health club with swimming pool, a grand garden with full of greenery, jogging track and gym etc. We are also providing separate play area for the children.
It is near to the prestigious Noida Electronic City. There is only 8kms distance from proposed world’s tallest building11kms away from Ashram the gateway to South Delhi, just 3kms from Anand Vihar Railway Station. The Metro Rail to reach up to Anand Vihar Bus Terminal & Indrapuram. Many prestigious schools like The DPS, Cambridge, Bharatiya Vidhya Bhawan. St Francis, St Thomas and Indus Valley are close from Bharat green home. It is very close to the world class Ranbaxy Fortis Hospital. Many shopping malls, food court, entertainment zone and Amusement centers with host of multiplexes are in close proximity.
For more information about sell, buy, rent, lease, property in Indrapuram, residential and commercial space in Indrapuram log on to http://www.zameen-zaidad.com or http://www.propertycafeteria.com site map and floor plan images are also available on our website.
Monday, October 18, 2010
While FDI in the real estate sector is on the upswing, a transparent and conducive regulatory and administrative environment is needed to sustain the
Despite an economy growing at 8% and a buoyant real estate market, in a recent FICCI-Ernst & Young study called “Realty Decoded”, India was ranked fifth in the overall country index of attractiveness for foreign direct investors.
While China was ranked as the most attractive destination for FDI, two countries which are actually going through a prolonged recession — the US and the UK were placed second and third respectively while Singapore was in the fourth spot.
Interestingly all these countries lagged behind India when it came to the Country Development Index (denoting the rate of economic growth) and the Real Estate Market Index (denoting the demand supply situation). What pulled India's attractiveness down was the poor score it got on Regulatory Index which captures state of the regulatory environment and the low score for the Real Estate Industry Index which looks at the state of maturity and transparency of the industry.
Amit Mitra, Secretary General, FICCI, says, "With projections of over 8% growth expected this fiscal, investors are returning to India with greater confidence. The future of Indian real estate would significantly depend on investor friendly policies, clear and transparent regulatory framework for the sector."
Commenting on the study, Mayur Shah, MD, Marathon Realty says, "At $5 - 7 billion the volume that has come from FDI or NRI investments is still minuscule, whereas we need close to a $100 billion in the next few years." He however points out that there are many issues that need to be ironed out to keep the momentum on. "We need to really work on our laws and straighten them as soon as we can. Easier availability of land and higher FSI would enable us to build more. The approvals should come faster and the hurdles of funding should be removed."
"We are spending too much time worrying if bubbles will form in case we let more lands to develop too soon. What we fail to see is that it will increase supply and reduce the gap sooner, which would even out the tendency for the prices to spiral," Shah adds.
Jayant Gehi, Assistant Vice President, Supreme Universal points out that the exit points for investors and the size of investment also constrain the investors in locations such as Mumbai and Delhi where large -sized projects are difficult to come across. "This restricts participation in the bulk of the development happening currently. The limitation has boosted investment in tier II locations such as Pune, Hyderabad and Bangalore where larger land parcels are available," he says.
International property consultants say that going forward much will depend on the way the functioning of the industry and the laws pan out. Santhosh Kumar, CEO - Operations, Jones Lang LaSalle, India, says, "The level of interest that foreign investors will display in Indian real estate will depend significantly on the market's growth and potential for growth. We are seeing economic recovery, and this is doing much to reinvigorate the interest of foreign investors in India's real estate market. However, we still need to edge up the transparency ladder, get more proactive on completing pending infrastructure projects and provide faster clearances for large developments. In other words, the issue does not hinge solely on what the Indian real estate has to offer to global investors, but also on what confidence it inspires in them to invest into it."
Gulam Zia, National Director, Research and Advisory Services, Knight Frank, India is more cautious "Although the real estate is attracting better FDI, it is not significant yet as the investors are still wary. Too many delays, false promises and confusing laws make it difficult for them to bolster confidence.
"The most worrying issue has been valuations which are mostly projected at unrealistic levels. The returns have not been too satisfactory and project delays have given further jitters. The other issue has been the lack of clarity surrounding land titles. There is a need for good and uniform regulations to tackle these issues, and these need to be addressed at the earliest,"says Zia.
Rajiv Sahni, Partner, Transaction Advisory Services, Ernst & Young, India, in his foreword to the report sums the situation succinctly. "With fears of another collapse looming large, growing Eastern European, certain Western European
and Dubai markets walking a tightrope, and a real estate bubble potentially threatening China due to oversupply, experts continue to express serious concerns around sustainable revival in the near term." "Closer to home, rising real estate prices have raised an alarm, highlighting the need for developers to employ new money judiciously to complete projects and provide timely exits to private equity players in order to restore confidence in the Indian growth story. With the IPO /entity level market still under pressure, a testing period awaits the Indian developer community," says Rajiv Sahni.
Sahni highlights the role by the government and regulators like the Reserve Bank of India by saying, "Careful planning by the Government of India and the Reserve Bank of India (RBI) to control inflation, make finance available to actual users on reasonable terms, enforce accountability and create a climate that is conducive to transparency will be imperative to ensure that there is no tailspin from recent events and that India achieves its vision of affordable housing for all."
The report concludes that "With real estate markets across the globe vacillating between boom and bust phases, we are certainly in the throes of exciting times. The world is becoming smaller, as is the real estate industry across the globe. With the floodgates for investment in real estate being more open than ever before, the time is ideal for investors to take advantage of the opportunities being offered."
Courtesy times property dtd 10/10/2010
For more information log on to http://www.zameen-zaidad.com
While China was ranked as the most attractive destination for FDI, two countries which are actually going through a prolonged recession — the US and the UK were placed second and third respectively while Singapore was in the fourth spot.
Interestingly all these countries lagged behind India when it came to the Country Development Index (denoting the rate of economic growth) and the Real Estate Market Index (denoting the demand supply situation). What pulled India's attractiveness down was the poor score it got on Regulatory Index which captures state of the regulatory environment and the low score for the Real Estate Industry Index which looks at the state of maturity and transparency of the industry.
Amit Mitra, Secretary General, FICCI, says, "With projections of over 8% growth expected this fiscal, investors are returning to India with greater confidence. The future of Indian real estate would significantly depend on investor friendly policies, clear and transparent regulatory framework for the sector."
Commenting on the study, Mayur Shah, MD, Marathon Realty says, "At $5 - 7 billion the volume that has come from FDI or NRI investments is still minuscule, whereas we need close to a $100 billion in the next few years." He however points out that there are many issues that need to be ironed out to keep the momentum on. "We need to really work on our laws and straighten them as soon as we can. Easier availability of land and higher FSI would enable us to build more. The approvals should come faster and the hurdles of funding should be removed."
"We are spending too much time worrying if bubbles will form in case we let more lands to develop too soon. What we fail to see is that it will increase supply and reduce the gap sooner, which would even out the tendency for the prices to spiral," Shah adds.
Jayant Gehi, Assistant Vice President, Supreme Universal points out that the exit points for investors and the size of investment also constrain the investors in locations such as Mumbai and Delhi where large -sized projects are difficult to come across. "This restricts participation in the bulk of the development happening currently. The limitation has boosted investment in tier II locations such as Pune, Hyderabad and Bangalore where larger land parcels are available," he says.
International property consultants say that going forward much will depend on the way the functioning of the industry and the laws pan out. Santhosh Kumar, CEO - Operations, Jones Lang LaSalle, India, says, "The level of interest that foreign investors will display in Indian real estate will depend significantly on the market's growth and potential for growth. We are seeing economic recovery, and this is doing much to reinvigorate the interest of foreign investors in India's real estate market. However, we still need to edge up the transparency ladder, get more proactive on completing pending infrastructure projects and provide faster clearances for large developments. In other words, the issue does not hinge solely on what the Indian real estate has to offer to global investors, but also on what confidence it inspires in them to invest into it."
Gulam Zia, National Director, Research and Advisory Services, Knight Frank, India is more cautious "Although the real estate is attracting better FDI, it is not significant yet as the investors are still wary. Too many delays, false promises and confusing laws make it difficult for them to bolster confidence.
"The most worrying issue has been valuations which are mostly projected at unrealistic levels. The returns have not been too satisfactory and project delays have given further jitters. The other issue has been the lack of clarity surrounding land titles. There is a need for good and uniform regulations to tackle these issues, and these need to be addressed at the earliest,"says Zia.
Rajiv Sahni, Partner, Transaction Advisory Services, Ernst & Young, India, in his foreword to the report sums the situation succinctly. "With fears of another collapse looming large, growing Eastern European, certain Western European
and Dubai markets walking a tightrope, and a real estate bubble potentially threatening China due to oversupply, experts continue to express serious concerns around sustainable revival in the near term." "Closer to home, rising real estate prices have raised an alarm, highlighting the need for developers to employ new money judiciously to complete projects and provide timely exits to private equity players in order to restore confidence in the Indian growth story. With the IPO /entity level market still under pressure, a testing period awaits the Indian developer community," says Rajiv Sahni.
Sahni highlights the role by the government and regulators like the Reserve Bank of India by saying, "Careful planning by the Government of India and the Reserve Bank of India (RBI) to control inflation, make finance available to actual users on reasonable terms, enforce accountability and create a climate that is conducive to transparency will be imperative to ensure that there is no tailspin from recent events and that India achieves its vision of affordable housing for all."
The report concludes that "With real estate markets across the globe vacillating between boom and bust phases, we are certainly in the throes of exciting times. The world is becoming smaller, as is the real estate industry across the globe. With the floodgates for investment in real estate being more open than ever before, the time is ideal for investors to take advantage of the opportunities being offered."
Courtesy times property dtd 10/10/2010
For more information log on to http://www.zameen-zaidad.com
IF YOU ARE THINKING OF DEDICATING A PORTION OF YOUR HOME FOR OFFICE SPACE, DESIGN IT CAREFULLY TO CREATE A LONG-TERM ASSET
Designing your home office includes many elements to be considered.
Distance to the door
• If you are working out of your home it is likely that you would have clients flowing in and out. So ideally the proximity to the door should be such that it avoids going around the house. Choose a place that has direct access.
Privacy
• You don't want to work in the din and bustle of household chores where the TV is blaring, children are playing around and people are running to the kitchen to make food. So make sure you choose a place that keeps the privacy intact for you to work efficiently even out of your house.
Sound-proof
• A special sound-proof wall can help in keeping the extra sound at bay and bring some more peace to the work environment.
Power fix
• The electrical requirements of an office differ from those of a home. Power strips are not e n o u g h . You may re q u i re h i g h e r power consumption and should plan the equipment accordingly. In fact, it would be better to consult a technician and take an expert view on the same.
Furniture
• Theoffice space needs a definitive set of furniture to house your basic office ware. Be it files, folders, documents, books - there are many things that need to be stocked depending on the nature of the work. Make sure the equipment you require fits in to the space allocated for work. If the space is limited, you can opt for sleeker equipment.
Decorate
• The office may be at home but you can always decorate it tastefully to add some zing to the workplace, especially if you are going to be spending a lot of time here. Bring together some of your favourite artifacts and hang them up on your office wall or paint your office space in an exotic colour. Make it look different. QUICK BITES
Courtesy times property dtd 10/10/2010
Distance to the door
• If you are working out of your home it is likely that you would have clients flowing in and out. So ideally the proximity to the door should be such that it avoids going around the house. Choose a place that has direct access.
Privacy
• You don't want to work in the din and bustle of household chores where the TV is blaring, children are playing around and people are running to the kitchen to make food. So make sure you choose a place that keeps the privacy intact for you to work efficiently even out of your house.
Sound-proof
• A special sound-proof wall can help in keeping the extra sound at bay and bring some more peace to the work environment.
Power fix
• The electrical requirements of an office differ from those of a home. Power strips are not e n o u g h . You may re q u i re h i g h e r power consumption and should plan the equipment accordingly. In fact, it would be better to consult a technician and take an expert view on the same.
Furniture
• Theoffice space needs a definitive set of furniture to house your basic office ware. Be it files, folders, documents, books - there are many things that need to be stocked depending on the nature of the work. Make sure the equipment you require fits in to the space allocated for work. If the space is limited, you can opt for sleeker equipment.
Decorate
• The office may be at home but you can always decorate it tastefully to add some zing to the workplace, especially if you are going to be spending a lot of time here. Bring together some of your favourite artifacts and hang them up on your office wall or paint your office space in an exotic colour. Make it look different. QUICK BITES
Courtesy times property dtd 10/10/2010
Tuesday, October 12, 2010
It's time to take advantage of the Navratras, which tend to spur real estate activity The mild golden sunny days and cool pleasant evenings, pointers
The Navaratras, which began yesterday, usher in the festive season, marked most prominently by Dusshera and Diwali. This time is also considered one of the most auspicious periods in the year.
Many believe that anything that is started during this time is endowed with divine blessings and is beneficial for the people involved. As it is in most spheres of life and business, the effect can also be seen in the real estate market.
Real estate agents feel that property transactions peak with the beginning of the Navaratras and the trend continues right till the end of January. Central Delhi-based Arun Bakshi of Bakshi Estates says property transactions go up by 25 per cent in the period. He feels that this is because most people in the north are deeply religious and revere the Navaratras, which are dedicated to the Hindu goddess Durga. People scout for properties, weeks in advance, and often wait for the Navaratras, Dussehra or even Diwali to get the purchase registered. So, whether it is a residential flat or a row house, a commercial property or even a plot, most buyers prefer to close the deal during this period. Doubly special Prof Hari Har Trivedi, a senior professor at New Delhi's Shri Lal Bahadur Shastri Rashtriya Sanskrit Vidyapeeth, says that among the four Navaratras celebrated during the year, the ongoing Sharad Navaratra is considered the most auspicious.
The four Navratras are: Vasanta Navaratra, which falls in the spring season in the month of Chaitra around March-April, Ashadha Navaratra, also called Gupta Navaratra falling in the Ashadha month during JuneJuly, Sharad Navratra in the Ashvin month (currently on) and the Magha Navaratra, also called Gupta Navaratras, in the Magha month around January-February.
Sharad Navaratra is also called Maha Navratra. This is the busiest period in the property sector in terms of buying and selling, says south Delhi-based property agent G Prabhakar of RL Services in Vasant Vihar.
Sellers too keep the pressure up because they prefer to sell property during this time. Quite a lot of them sell one property and invest the gains in another. Thus it is not surprising that everyone in this sphere -buyer, seller or agent -wants to make the most of this time.
Courtesy ht estate dtd:-09/10/2010
For more information about real estate, residential property, commercial property, real estate company, realty firms, property investment option, property investors log on to http://www.zameen-zaidad.com
Many believe that anything that is started during this time is endowed with divine blessings and is beneficial for the people involved. As it is in most spheres of life and business, the effect can also be seen in the real estate market.
Real estate agents feel that property transactions peak with the beginning of the Navaratras and the trend continues right till the end of January. Central Delhi-based Arun Bakshi of Bakshi Estates says property transactions go up by 25 per cent in the period. He feels that this is because most people in the north are deeply religious and revere the Navaratras, which are dedicated to the Hindu goddess Durga. People scout for properties, weeks in advance, and often wait for the Navaratras, Dussehra or even Diwali to get the purchase registered. So, whether it is a residential flat or a row house, a commercial property or even a plot, most buyers prefer to close the deal during this period. Doubly special Prof Hari Har Trivedi, a senior professor at New Delhi's Shri Lal Bahadur Shastri Rashtriya Sanskrit Vidyapeeth, says that among the four Navaratras celebrated during the year, the ongoing Sharad Navaratra is considered the most auspicious.
The four Navratras are: Vasanta Navaratra, which falls in the spring season in the month of Chaitra around March-April, Ashadha Navaratra, also called Gupta Navaratra falling in the Ashadha month during JuneJuly, Sharad Navratra in the Ashvin month (currently on) and the Magha Navaratra, also called Gupta Navaratras, in the Magha month around January-February.
Sharad Navaratra is also called Maha Navratra. This is the busiest period in the property sector in terms of buying and selling, says south Delhi-based property agent G Prabhakar of RL Services in Vasant Vihar.
Sellers too keep the pressure up because they prefer to sell property during this time. Quite a lot of them sell one property and invest the gains in another. Thus it is not surprising that everyone in this sphere -buyer, seller or agent -wants to make the most of this time.
Courtesy ht estate dtd:-09/10/2010
For more information about real estate, residential property, commercial property, real estate company, realty firms, property investment option, property investors log on to http://www.zameen-zaidad.com
M3M Golf Estate, a residential project of M3M, has received an award for being the ‘Best Upcoming Residential Project in India’ from the NRI Institute
M3M India Limited, an Indian real estate company has been honoured at the House of Lords, UK, for its work in creating a world-class realty project, the M3M Golf Estate, in Gurgaon. Basant Bansal, chairman and MD of M3M India Ltd was presented the award for “The Best Upcoming Residential Project in India”.
While presenting the award, Baroness Verma, baroness in waiting, minister in the government whips office, said, “It is really heartening to know that people like Basant Bansal are showing the world that Indians can really develop the best in real estate”
On receiving the award, Basant Bansal, chairman and MD of M3M India Ltd, addressed eminent guests at the function held by the NRI Institute UK, at the Cholmondley Room and Terrace, House of Lords, Westminster, in London and said: “We at M3M have a dream to build the best habitats in the world...to make the country proud. We will continue to build with passion and impeccable taste in a never-ending pursuit of excellence. This is our international debut. The M3M Golf Estate in Gurgaon is going to be our flagship project. I am honoured to receive this from the Indian diaspora and I assure you that my company will keep striving to develop the best there is.”
M3M India Limited's Golf Estate is a residential project over 75 acres on Golf Course Extension Road, in Sector 65, Gurgaon. Golf Estate has a nine-hole golf course designed by Graham Cooke from Montreal, Canada and every apartment of the project overlooks the ‘pitch and putt’ golf course.
“Golf Estate is poised to be one of the landmark luxury projects to be developed by M3M Group. The architecture will be a perfect synthesis of green eco-friendly landscapes with cutting-edge design. The project boasts of world-class amenities and features including a 110% green cover, phenomenal outdoor and living spaces, state-ofthe-art kitchens replete with fittings and fixtures, roof-top jogging tracks, world-class club houses and a nine-hole reverse-golf course. The project is already underway and the golf course is slated to be completed by October, while the whole project is set for delivery in three years,” says Pankaj Bansal, director of M3M Group.
The project has been designed by the renowned architects and design group, Arcop Group, from Montreal, Canada. The interiors of the Golf Estate buildings have been designed by Cecconi Simone Inc.
“The company has gained over 25 years of real estate expertise with diverse and complementary talents from a rich network comprising top-notch intermediaries, financial institutions, high net worth individuals and some of the most reputed developers in India. Its flagship project M3M Golf Estate is valued at over $1.5 billion for its first project Golf Estate. The M3M Group has already embarked on its other verticals in the commercial and retail space as well as the IT/SEZ areas,” Basant Bansal adds.
Courtesy:- times property dtd: 11/10/2010
For more information about real estate, residential property, commercial property, real estate company, realty firms, property investment option, property investors log on to http://www.zameen-zaidad.com
While presenting the award, Baroness Verma, baroness in waiting, minister in the government whips office, said, “It is really heartening to know that people like Basant Bansal are showing the world that Indians can really develop the best in real estate”
On receiving the award, Basant Bansal, chairman and MD of M3M India Ltd, addressed eminent guests at the function held by the NRI Institute UK, at the Cholmondley Room and Terrace, House of Lords, Westminster, in London and said: “We at M3M have a dream to build the best habitats in the world...to make the country proud. We will continue to build with passion and impeccable taste in a never-ending pursuit of excellence. This is our international debut. The M3M Golf Estate in Gurgaon is going to be our flagship project. I am honoured to receive this from the Indian diaspora and I assure you that my company will keep striving to develop the best there is.”
M3M India Limited's Golf Estate is a residential project over 75 acres on Golf Course Extension Road, in Sector 65, Gurgaon. Golf Estate has a nine-hole golf course designed by Graham Cooke from Montreal, Canada and every apartment of the project overlooks the ‘pitch and putt’ golf course.
“Golf Estate is poised to be one of the landmark luxury projects to be developed by M3M Group. The architecture will be a perfect synthesis of green eco-friendly landscapes with cutting-edge design. The project boasts of world-class amenities and features including a 110% green cover, phenomenal outdoor and living spaces, state-ofthe-art kitchens replete with fittings and fixtures, roof-top jogging tracks, world-class club houses and a nine-hole reverse-golf course. The project is already underway and the golf course is slated to be completed by October, while the whole project is set for delivery in three years,” says Pankaj Bansal, director of M3M Group.
The project has been designed by the renowned architects and design group, Arcop Group, from Montreal, Canada. The interiors of the Golf Estate buildings have been designed by Cecconi Simone Inc.
“The company has gained over 25 years of real estate expertise with diverse and complementary talents from a rich network comprising top-notch intermediaries, financial institutions, high net worth individuals and some of the most reputed developers in India. Its flagship project M3M Golf Estate is valued at over $1.5 billion for its first project Golf Estate. The M3M Group has already embarked on its other verticals in the commercial and retail space as well as the IT/SEZ areas,” Basant Bansal adds.
Courtesy:- times property dtd: 11/10/2010
For more information about real estate, residential property, commercial property, real estate company, realty firms, property investment option, property investors log on to http://www.zameen-zaidad.com
Friday, October 8, 2010
SOME IDEAS TO ENHANCE DECOR IN THE DINING AREA
In today's time, a spacious living area with a large dining room is almost a thing of the past. It is never easy to find enough space to set aside an entire room just to eat in. However, if you are planning to build a house, it is still worth the expense to create a separate dining room. However, these days an open kitchen and a living-cumdining space is the trend people opt for due to space constrains, especially in flats. In most houses, the dining room doesn't really get the attention it deserves. It is regarded as a purely utilitarian space, one with a purely functional value. Actually, a dining room deserves better. Dressing a dining area requires imagination and creativity.
A small dining table, shining cutlery, a dim lamp and delicious food in the corner adds new dimensions to yourhome and the dining area can act as a perfect area for formal and informal gatherings. To start with, go in for the table that serves your purpose and fits well into the area.
Adding a dining cabinet complementing the furniture can be multi-functional. Cutlery and crockery can be safely kept inside the cabinet while a huge vase or any designer lamp can enhance the chic quotient of the dining area. The personal dining area can easily become a part of formal occasion or get-togethers. Adding an elegant tablecloth to the table with dining accessories like tablemats, napkin rings, stylish cutlery and a small centre-piece for decoration transforms the looks of your dining area. For a small gathering dinner can be arranged on the table itself but if the number of guests increases considerably, the dining table can be turned into a stand alone table offering buffet.
The market is flooded with tablecloth in different fabrics and colours. In spring the shades of blue sounds appealing whereas light shades are the best for the summers.
The decor of a dining room needs to be pleasant. Depending on the size ofthe dining room, the colour schemes and decor should be decided. For instance, a smaller room is best decorated using lighter shades both for the walls as well as furniture. Heavy carving and dark wood would make the room appear smaller. Go in for minimalist decor with a light table, minimal light fixtures, and plain walls. The colour scheme and furniture choice can ensure the room is pleasing while the multi-purpose functionality of the dining space is retained. A larger room can afford heavily carved furniture using dark wood, elaborate light fittings and decorations.
It is better to avoid carpets here, as they tend to gather dust. Also, spills are difficult to clean. Light-coloured floors are suitable here.
Light must be given special attention. Ceiling pendant lights can be circular, rectangular or square depending on your table shape.
Fruits, candles, crystals or ceramic, all complement the area well but an individual's touch of choosing and placing accessories can turn the regular arrangement into an extra-ordinary dining setting. A large dining room can accommodate a piece of sculpture or an elegant floorlamp standing in a corner. Or an urli filled with water and floating flowers either placed on the floor or on a sidetable, depending on the area available. A healthy green plant within an elegant container also adds to aesthetics of the room. A terrarium has the same positive effect. If your dining and drawing room are seamlessly flowing into one another, you can go for a divider which can be an intricately carved wooden one a can serve as a striking decor object.
A dining room is about lifestyle. So go ahead and create a personal space. You will cherish it always.
Courtesy:-Times Property 02-10-2010
For more information log on to http://www.zameen-zaidad.com
A small dining table, shining cutlery, a dim lamp and delicious food in the corner adds new dimensions to yourhome and the dining area can act as a perfect area for formal and informal gatherings. To start with, go in for the table that serves your purpose and fits well into the area.
Adding a dining cabinet complementing the furniture can be multi-functional. Cutlery and crockery can be safely kept inside the cabinet while a huge vase or any designer lamp can enhance the chic quotient of the dining area. The personal dining area can easily become a part of formal occasion or get-togethers. Adding an elegant tablecloth to the table with dining accessories like tablemats, napkin rings, stylish cutlery and a small centre-piece for decoration transforms the looks of your dining area. For a small gathering dinner can be arranged on the table itself but if the number of guests increases considerably, the dining table can be turned into a stand alone table offering buffet.
The market is flooded with tablecloth in different fabrics and colours. In spring the shades of blue sounds appealing whereas light shades are the best for the summers.
The decor of a dining room needs to be pleasant. Depending on the size ofthe dining room, the colour schemes and decor should be decided. For instance, a smaller room is best decorated using lighter shades both for the walls as well as furniture. Heavy carving and dark wood would make the room appear smaller. Go in for minimalist decor with a light table, minimal light fixtures, and plain walls. The colour scheme and furniture choice can ensure the room is pleasing while the multi-purpose functionality of the dining space is retained. A larger room can afford heavily carved furniture using dark wood, elaborate light fittings and decorations.
It is better to avoid carpets here, as they tend to gather dust. Also, spills are difficult to clean. Light-coloured floors are suitable here.
Light must be given special attention. Ceiling pendant lights can be circular, rectangular or square depending on your table shape.
Fruits, candles, crystals or ceramic, all complement the area well but an individual's touch of choosing and placing accessories can turn the regular arrangement into an extra-ordinary dining setting. A large dining room can accommodate a piece of sculpture or an elegant floorlamp standing in a corner. Or an urli filled with water and floating flowers either placed on the floor or on a sidetable, depending on the area available. A healthy green plant within an elegant container also adds to aesthetics of the room. A terrarium has the same positive effect. If your dining and drawing room are seamlessly flowing into one another, you can go for a divider which can be an intricately carved wooden one a can serve as a striking decor object.
A dining room is about lifestyle. So go ahead and create a personal space. You will cherish it always.
Courtesy:-Times Property 02-10-2010
For more information log on to http://www.zameen-zaidad.com
GET A CASCADING EFFECT ON YOUR WALLS THROUGH WALLMOUNTED WATER FEATURES
Having a plain surface wall painted in a single colour is passé, it needs to have more than just colour or smoothness - it needs to have art in some form or function to express your individuality.
Hanging a painting on the wall is also a great way to excite the viewer. Art is a great new wave, but it should be personal, intimate, fun, displayable and changeable. Make a space that is intrinsically yours and express who you are through your walls.
The wall is the biggest and most visible space within a home that is not taken up with furniture or even other utilitarian items - one doesn't need it for any purpose other than keeping the roof above your head and the elements from finding their way in - so using it as a space to express your creativity is the best way to maximise its potential.
Water falls
Get a cascading effect on your walls through wallmounted water features.
There are many designs to choose from such as the traditional lions head and cherub wall fountains to the more contemporary and modern wall mounted fountains. Wall fountains are among the more sophisticated fountains that are available today. They come in a range of materials and can suit can decor type.
Glass wall fountains, when hung on the right wall will give off shimmering reflections of the gently flowing water as it softly cascades over the glass or mirror. Add the beautiful waterfall sounds and you will have a magnificent soothing wall mounted fountain.
For contemporary spaces, where fussy works of art or decorative objects are excluded and more simple and linear choices favoured, hanging fountains are perfect. For a slightly different look, consider hanging an art wall fountain, wherein waterfalls overlay actual oil paintings. The flow of water combined with some of the fountains optional lighting creates something special.
Variety
Fountains in slate are called the antique copper fountain. A mirror when added to this piece will reflect the natural beauty of flowing water through out the room. This fountain can also double as a nicely framed mirror when turned off. Adjustable base and up lighting allow for any type of mood setting.
For modern taste, a black single-stone unit is just the right fountain. Constructed from industrial-grade rounded stainless steel that has a natural tarnish resistant finish, this fountain has a sleek hand cut black slate face. Long lasting halogen lighting hidden under the hood contributes a cool glow to dimly light rooms. They can measure over four feet tall and two feet wide.
Stainless steel wall fountains represent the pinnacle of modern home design, not just for their incredibly sleek and sophisticated appearance, but also for their serenity and their ability to accommodate a relaxing atmosphere anywhere in the home. The gentle bubbling and trickling of a stainless steel fountain will accommodate a serene and tranquil atmosphere in your home, improving your focus and relaxation.
Courtesy:-Times Property 02-10-2010
For more information log on to http://www.zameen-zaidad.com
Hanging a painting on the wall is also a great way to excite the viewer. Art is a great new wave, but it should be personal, intimate, fun, displayable and changeable. Make a space that is intrinsically yours and express who you are through your walls.
The wall is the biggest and most visible space within a home that is not taken up with furniture or even other utilitarian items - one doesn't need it for any purpose other than keeping the roof above your head and the elements from finding their way in - so using it as a space to express your creativity is the best way to maximise its potential.
Water falls
Get a cascading effect on your walls through wallmounted water features.
There are many designs to choose from such as the traditional lions head and cherub wall fountains to the more contemporary and modern wall mounted fountains. Wall fountains are among the more sophisticated fountains that are available today. They come in a range of materials and can suit can decor type.
Glass wall fountains, when hung on the right wall will give off shimmering reflections of the gently flowing water as it softly cascades over the glass or mirror. Add the beautiful waterfall sounds and you will have a magnificent soothing wall mounted fountain.
For contemporary spaces, where fussy works of art or decorative objects are excluded and more simple and linear choices favoured, hanging fountains are perfect. For a slightly different look, consider hanging an art wall fountain, wherein waterfalls overlay actual oil paintings. The flow of water combined with some of the fountains optional lighting creates something special.
Variety
Fountains in slate are called the antique copper fountain. A mirror when added to this piece will reflect the natural beauty of flowing water through out the room. This fountain can also double as a nicely framed mirror when turned off. Adjustable base and up lighting allow for any type of mood setting.
For modern taste, a black single-stone unit is just the right fountain. Constructed from industrial-grade rounded stainless steel that has a natural tarnish resistant finish, this fountain has a sleek hand cut black slate face. Long lasting halogen lighting hidden under the hood contributes a cool glow to dimly light rooms. They can measure over four feet tall and two feet wide.
Stainless steel wall fountains represent the pinnacle of modern home design, not just for their incredibly sleek and sophisticated appearance, but also for their serenity and their ability to accommodate a relaxing atmosphere anywhere in the home. The gentle bubbling and trickling of a stainless steel fountain will accommodate a serene and tranquil atmosphere in your home, improving your focus and relaxation.
Courtesy:-Times Property 02-10-2010
For more information log on to http://www.zameen-zaidad.com
Monday, October 4, 2010
Faridabad is taking long strides to match the realty might of Gurgaon and Noida
Surprisingly, you will not be able to find even a trace of Shaikh Farid, the founder of Faridabad, in the bustling city at a shouting distance from South Delhi. Shaikh Farid, who was a chieftain of the Mughal emperor Jahangir, built this place in the 16th century. Since then, Faridabad has seen many high and lows. After the Partition of the country, it was allotted to refugees from Bannu now Pakistan. And then due to a visionary ICS officer, Sudhir Bose, and young entrepreneurs like S P Puri of Thomson Press, H P Nanda of Escorts, M L Manchanda, and others, Faridabad grew in to a very promising industrial hub. Of course, while the salad days of Faridabad as an industrial hub have long since ceased, it has emerged as the most sought-after cities in NCR over the years.
Currently, it is witnessing a flurry of activity in the real estate sector. A developing city in Haryana on Aravali hill range, it has immense prospects for growth. It is witnessing the same growth as witnessed in Gurgaon and Noida in the recent past. The location of the city is also convenient as it is just 25km from the Connaught Place. This factor is working well for the city and consequently, Faridabad has seen a number of real estate developers swarming round it.
According to Sanjay Singh of Century 21, Naharpar area or the Greater Faridabad is an ideal place to invest. Sector 86 in Faridabad is commonly known as Naharpar area. Though infrastructure is still not very great here, talks are that once the proposed infrastructure is put in place this is going to be one of the best locations in the NCR. Price of land in Naharpar sectors is around Rs 15,000 per sq yd, in Sector 21C it is around Rs 23,000 per sq yd and in Sector 46 the range is between Rs 21,000 and Rs 22, 0000 per sq yd. Among the sectors that have greater potential are Sectors 88 and 89, which are in demand as they will be close to two highways to be built soon.
Meanwhile, experts also say that people should beware of the jargons like 'super built up area' and 'carpet area'. Do a thorough research before investing your hardearned money.
The infrastructures that will help in development of Faridabad include the Taj Expressway (which will be near Sector 80), and a highway starting from Kalindi Kunj and running parallel to Mathura Road, which will bypass the city. An official of HUDA says: "We are now focusing on the development of Faridabad. We are planning one new bypass for which we are acquiring land. People going towards Agra can now use this bypass to go through Surajkund and directly reach national highway across Sectors 58, 59. We are also widening the existing bypass at Sector 37 at a cost of Rs 118 crore, which includes the construction of one flyover over it."
Sameer Jasuja, MD of PropEquity, says that Sector 75 near Agra canal is going to be the next commercial hub of Faridabad. The good thing is that local administration is taking care of greenery.
An official of Ansal API says that when the Badarpur flyover will be completed, the access will be more comfortable and the plan for a Metro line there will lend wings to the realty sector. The freight corridor is also in the vicinity, with the catchments area being Faridabad and a planned HSIIDC's commercial hub is near here. All this is going to add up to the importance of the place in realty terms. While several shopping malls are under construction, Faridabad is likely to have more than 40 such spots over the next few years.
"These changes can be seen in terms of floating of new sectors with a public and private sector partnership; setting up new institutional sectors; witnessing changes in the skyline by developing a new urban development policy, adding new high-tech electronic and communication units and IT parks; and better road and transport facilities," says Avneesh Sood, director of Eros group.
Sameer Jasuja adds: "There is not much infrastructure here but we can look at the example of an area like Indirapuram, which used to be a neglected region a few years ago. The industrial city with about 300 large and 10,000 small-scale industries under its belt has always been underpriced. But now the situation is changing. It has swanky residential and commercial projects and they are in various stages of development."
The area will come into prominence once the planned flyover at Badarpur border is complete. As the area will be decongested more and more important companies will move towards Faridabad given the high rates at Jasola.
Surinder Gambhir, a realty expert, feels: "Initiatives from the Haryana government is also one of the prime factors behind spatial economic developmental changes here. The real estate boom is also transforming the skyline of Faridabad."
Notwithstanding the fact that there are some doubts about the delivery time, there can be no two opinions that a property in Greater Faridabad will be a prized possession after four-five years.
Courtesy by : Times Property Dtd : August 21st , 2010
For more information about real estate, residential property, commercial property, property consultant, property information, flats, homes, houses, apartment, villas, property dealer log on to http://www.zameen-zaidad.com
Currently, it is witnessing a flurry of activity in the real estate sector. A developing city in Haryana on Aravali hill range, it has immense prospects for growth. It is witnessing the same growth as witnessed in Gurgaon and Noida in the recent past. The location of the city is also convenient as it is just 25km from the Connaught Place. This factor is working well for the city and consequently, Faridabad has seen a number of real estate developers swarming round it.
According to Sanjay Singh of Century 21, Naharpar area or the Greater Faridabad is an ideal place to invest. Sector 86 in Faridabad is commonly known as Naharpar area. Though infrastructure is still not very great here, talks are that once the proposed infrastructure is put in place this is going to be one of the best locations in the NCR. Price of land in Naharpar sectors is around Rs 15,000 per sq yd, in Sector 21C it is around Rs 23,000 per sq yd and in Sector 46 the range is between Rs 21,000 and Rs 22, 0000 per sq yd. Among the sectors that have greater potential are Sectors 88 and 89, which are in demand as they will be close to two highways to be built soon.
Meanwhile, experts also say that people should beware of the jargons like 'super built up area' and 'carpet area'. Do a thorough research before investing your hardearned money.
The infrastructures that will help in development of Faridabad include the Taj Expressway (which will be near Sector 80), and a highway starting from Kalindi Kunj and running parallel to Mathura Road, which will bypass the city. An official of HUDA says: "We are now focusing on the development of Faridabad. We are planning one new bypass for which we are acquiring land. People going towards Agra can now use this bypass to go through Surajkund and directly reach national highway across Sectors 58, 59. We are also widening the existing bypass at Sector 37 at a cost of Rs 118 crore, which includes the construction of one flyover over it."
Sameer Jasuja, MD of PropEquity, says that Sector 75 near Agra canal is going to be the next commercial hub of Faridabad. The good thing is that local administration is taking care of greenery.
An official of Ansal API says that when the Badarpur flyover will be completed, the access will be more comfortable and the plan for a Metro line there will lend wings to the realty sector. The freight corridor is also in the vicinity, with the catchments area being Faridabad and a planned HSIIDC's commercial hub is near here. All this is going to add up to the importance of the place in realty terms. While several shopping malls are under construction, Faridabad is likely to have more than 40 such spots over the next few years.
"These changes can be seen in terms of floating of new sectors with a public and private sector partnership; setting up new institutional sectors; witnessing changes in the skyline by developing a new urban development policy, adding new high-tech electronic and communication units and IT parks; and better road and transport facilities," says Avneesh Sood, director of Eros group.
Sameer Jasuja adds: "There is not much infrastructure here but we can look at the example of an area like Indirapuram, which used to be a neglected region a few years ago. The industrial city with about 300 large and 10,000 small-scale industries under its belt has always been underpriced. But now the situation is changing. It has swanky residential and commercial projects and they are in various stages of development."
The area will come into prominence once the planned flyover at Badarpur border is complete. As the area will be decongested more and more important companies will move towards Faridabad given the high rates at Jasola.
Surinder Gambhir, a realty expert, feels: "Initiatives from the Haryana government is also one of the prime factors behind spatial economic developmental changes here. The real estate boom is also transforming the skyline of Faridabad."
Notwithstanding the fact that there are some doubts about the delivery time, there can be no two opinions that a property in Greater Faridabad will be a prized possession after four-five years.
Courtesy by : Times Property Dtd : August 21st , 2010
For more information about real estate, residential property, commercial property, property consultant, property information, flats, homes, houses, apartment, villas, property dealer log on to http://www.zameen-zaidad.com
REALTY DEVELOPMENT ON BIRLA MILLS LAND IN CITY
Kolkata: K K Birla Group firm Texmaco Ltd looks set for a windfall from its real estate in Delhi. Texmaco chairman Saroj Poddar told reporters, after the annual general meeting of the company, that it is hoping to develop over one million square feet in one of Delhi’s prime locations that belongs to Birla Mills. ‘‘We are likely to get a few thousand crore from this real estate development,” he said.
According to Poddar, it is likely to start the real estate development within a year. The Birla Mills land was caught in a legal wrangle, which was disposed of by the Supreme Court recently. ‘‘We will develop a shopping mall, residential complex and commercial complex in the area,” he added.
Courtesy TOI Dtd. 13-08-2010
According to Poddar, it is likely to start the real estate development within a year. The Birla Mills land was caught in a legal wrangle, which was disposed of by the Supreme Court recently. ‘‘We will develop a shopping mall, residential complex and commercial complex in the area,” he added.
Courtesy TOI Dtd. 13-08-2010
Friday, September 24, 2010
Ansal Properties and Infrastructure launched Luxury Villas in Gurgaon
The mulberries villa-gurgaon provides luxury villas for sale and rent in Sec – 67, Gurgaon. It is on Golf Course Extension Road, just 30 minutes from the Indira Gandhi International Airport. It is planned Metro Corridor and well connected by a 60 m access and 5 kms from NH – 8.
These luxury villas’s plot area 210 sq. meter and 5500 sq ft at a very less price. Living and dinning room are floored with a 3” high quality imported marble. Their wall is painted on gypsum plaster with acrylic emulsion paint. Corridor main entrance door penalled wooden door with infill of fretted glass with steam beach wooden frames. Guest bedroom are with ceiling and walls by acrylic emulsion paint on gypsum plaster. Dress guest bed is floored with Kathi Marble and 3” high imported granite. Ceilings are calcium silicate with acrylic emulsion paint on top. Internal toilet doors are penalled with steam beach wooden frames with deadbolt locks, tower bolt , door stopper , door bumper etc. Guest bed 10 mm toughened acid washed glass shower closure with open able door fitting.
Luxury villas for sale and rent available in Gurgaon at having Bedroom are with high quality katni marble of flooring and skirting. Luxury villas for sale and rent are good dressed with bed room walls and ceiling with acrylic emulsion paint on gypsum plaster. Wooden sliding doors are between dress and bedroom with proper hardware and necessary fittings. Toilets are floored and skirted with 3” high quality granite. Toilet is covered with imported ceramic tiles upto 2100 ht in shower area and upto 1050 ht on another wall. Luxury villas for sale and rent having Acrylic emulsion painted on gypsum plaster and its ceiling are calcium silicate false ceiling. Store room is floored and skirted with 3” high ceramic tiles and gypsum plaster on walls and calcium silicate false ceiling with OBD
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
These luxury villas’s plot area 210 sq. meter and 5500 sq ft at a very less price. Living and dinning room are floored with a 3” high quality imported marble. Their wall is painted on gypsum plaster with acrylic emulsion paint. Corridor main entrance door penalled wooden door with infill of fretted glass with steam beach wooden frames. Guest bedroom are with ceiling and walls by acrylic emulsion paint on gypsum plaster. Dress guest bed is floored with Kathi Marble and 3” high imported granite. Ceilings are calcium silicate with acrylic emulsion paint on top. Internal toilet doors are penalled with steam beach wooden frames with deadbolt locks, tower bolt , door stopper , door bumper etc. Guest bed 10 mm toughened acid washed glass shower closure with open able door fitting.
Luxury villas for sale and rent available in Gurgaon at having Bedroom are with high quality katni marble of flooring and skirting. Luxury villas for sale and rent are good dressed with bed room walls and ceiling with acrylic emulsion paint on gypsum plaster. Wooden sliding doors are between dress and bedroom with proper hardware and necessary fittings. Toilets are floored and skirted with 3” high quality granite. Toilet is covered with imported ceramic tiles upto 2100 ht in shower area and upto 1050 ht on another wall. Luxury villas for sale and rent having Acrylic emulsion painted on gypsum plaster and its ceiling are calcium silicate false ceiling. Store room is floored and skirted with 3” high ceramic tiles and gypsum plaster on walls and calcium silicate false ceiling with OBD
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
Vardhman Group comes up with Slum Redevelopment Program
Mumbai : The slums of Sangli, 390 km southeast off Mumbai may not look the same in near future . Vardhman Group, one of Mumbai’s oldest and leading real estate companies, has now come up with an ambitious slum redevelopment programme for as many as 3,800 units in Sangli in Maharashtra under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). Funded entirely by the Maharashtra government, the project will be managed by Stresscrete India, an infrastructure company. It may be recalled that Vardhman Group had earlier acquired stake in Stresscrete India, involved in the construction of bridges, FOB, housing for government and semi-government bodies and institutions.
“As a developer, one of the foremost challenges in such projects is space constraint in existing slums. Moreover, such dwellings are unhygienic and uninhabitable. Through this project, we are working alongside the government in providing better living facilities for the masses. The project will be developed in such a way that there is adequate space availability for each plot. We are also providing the families with clean drinking water and hygienic living environment,” Rajesh Vardhan, managing director, Vardhman Group, said.
“Since past few years, rainwater harvesting has become an important part of water conservation across India, especially Maharashtra. Surface drainage, electrifications and community centres will also be provided along with a compound wall for the new development,” said Vardhan.
The complex will be of simple architectural design of four floors (inclusive of ground floors) and each of the 2,720 dwelling units will be of 25 sq mt.
There are nearly 3,798 families living in that area. The entire project area, spread across Sangli and Miraj, is divided into eight slum areas for the redevelopment project. Each of these areas varies in size, the largest area being 28,755 sq mt approximately.
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
“As a developer, one of the foremost challenges in such projects is space constraint in existing slums. Moreover, such dwellings are unhygienic and uninhabitable. Through this project, we are working alongside the government in providing better living facilities for the masses. The project will be developed in such a way that there is adequate space availability for each plot. We are also providing the families with clean drinking water and hygienic living environment,” Rajesh Vardhan, managing director, Vardhman Group, said.
“Since past few years, rainwater harvesting has become an important part of water conservation across India, especially Maharashtra. Surface drainage, electrifications and community centres will also be provided along with a compound wall for the new development,” said Vardhan.
The complex will be of simple architectural design of four floors (inclusive of ground floors) and each of the 2,720 dwelling units will be of 25 sq mt.
There are nearly 3,798 families living in that area. The entire project area, spread across Sangli and Miraj, is divided into eight slum areas for the redevelopment project. Each of these areas varies in size, the largest area being 28,755 sq mt approximately.
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
Thursday, September 9, 2010
K WORLD DEVELOPERS PVT. LTD. LAUNCHES NEW RESIDENTIAL APARTMENTS IN GHAZIABAD
K World Developers Pvt. Ltd. launches project named “KW Srishti” in your city which is located at NH–58 Raj Nagar Extension, Ghaziabad. They are providing the Residential Apartments according to your comfort. They offers you 1 BHK, 2 BHK, 3 BHK and 4 BHK Apartments along with various amenities such as ample parking space, swimming pool & kids pool, well equipped gymnasium, children park with swims, jogging park or track inside the campus, neighborhood shopping facility, club house, rain water harvesting, party lawns etc.
Other Amenities that they provide are listed below:-
• They welcomes you with an absolutely pollution free environment and 80 % green area.
• Plan of Apartments is approved by G.D.A.
• There are adequate lifts in all the buildings.
• They are providing facility of 24 hours power back up.
• They also provide the facility of 24 hrs uninterrupted water supply.
• They also provide the facility of housing loan.
• From Security point-of-view there will be closed circuit TV, Fire Fittings and Alarm System.
• Domestic RO planted in every kitchen.
• There will be a spacious balcony in every room.
• There will be maximum privacy, ventilation and light in each flat.
• Proposed metro connectivity.
Other features of Residential Apartment are listed below:
• Flooring of kitchen, lift, lobby, corridor, bedroom and drawing cum dining room is done by vitrified tiles.
• The Walls of Living cum dining room and Bedrooms are painted and plastered with pastel shades of acrylic oil bound distemper.
• All Doors and windows of Drawing cum Dining Room, Bedroom and Master bedroom are furnished and made by paneled flush door shutters & glass window shutter with superior quality hard wood and decorative entrance door.
• All doors and windows of Kitchen and Toilet are made by wooden flush door.
• The Walls of Kitchen are painted and plastered with Ceramic Tiles.
• The walls and ceiling of Lift, Lobby and Corridors furnished and painted with texture paint and oil bound distemper.
• Flooring of balcony and toilets is done by Ceramic Tiles and Anti Skid Ceramic Tiles.
• Kitchen contains a Granite Counter with Stainless Steel Sink and Wooden Cabinet and there will be a provision for hot and cold water supply with geyser with cp fittings.
• Wiring of all rooms is done with Copper Wires for all lights there will be a provision for adequate light and power points as well as telephone TV.
At the time of Booking of Apartments they will offer two payment plan i.e.
• Down Payment Plan:- At the time of booking you have to pay 10 percent of Basic Sale Price.
• Construction Linked Plan: - At the time of booking and within 45 days from booking you have to pay 7.5 percent of Basic Sale Price.
The Preferential Location charges for the Residential Apartments, Ghaziabad starts from Rs. 1925 per Sq. Ft. for the First Floor to the extent of Rs. 1650 per Sq. Ft. for the Twelfth Floor. Other Charges include Open and Covered Car Parking, Club Membership, Interest Fee Maintenance Security, Power Backup, Development Charges etc.
For more queries regarding the project please contact 01142470622, 9810445860 and submit Project inquiry form and for booking please send your application forms at info@zameen-zaidad.com and for more information visit www.zameen-zaidad.com.
Other Amenities that they provide are listed below:-
• They welcomes you with an absolutely pollution free environment and 80 % green area.
• Plan of Apartments is approved by G.D.A.
• There are adequate lifts in all the buildings.
• They are providing facility of 24 hours power back up.
• They also provide the facility of 24 hrs uninterrupted water supply.
• They also provide the facility of housing loan.
• From Security point-of-view there will be closed circuit TV, Fire Fittings and Alarm System.
• Domestic RO planted in every kitchen.
• There will be a spacious balcony in every room.
• There will be maximum privacy, ventilation and light in each flat.
• Proposed metro connectivity.
Other features of Residential Apartment are listed below:
• Flooring of kitchen, lift, lobby, corridor, bedroom and drawing cum dining room is done by vitrified tiles.
• The Walls of Living cum dining room and Bedrooms are painted and plastered with pastel shades of acrylic oil bound distemper.
• All Doors and windows of Drawing cum Dining Room, Bedroom and Master bedroom are furnished and made by paneled flush door shutters & glass window shutter with superior quality hard wood and decorative entrance door.
• All doors and windows of Kitchen and Toilet are made by wooden flush door.
• The Walls of Kitchen are painted and plastered with Ceramic Tiles.
• The walls and ceiling of Lift, Lobby and Corridors furnished and painted with texture paint and oil bound distemper.
• Flooring of balcony and toilets is done by Ceramic Tiles and Anti Skid Ceramic Tiles.
• Kitchen contains a Granite Counter with Stainless Steel Sink and Wooden Cabinet and there will be a provision for hot and cold water supply with geyser with cp fittings.
• Wiring of all rooms is done with Copper Wires for all lights there will be a provision for adequate light and power points as well as telephone TV.
At the time of Booking of Apartments they will offer two payment plan i.e.
• Down Payment Plan:- At the time of booking you have to pay 10 percent of Basic Sale Price.
• Construction Linked Plan: - At the time of booking and within 45 days from booking you have to pay 7.5 percent of Basic Sale Price.
The Preferential Location charges for the Residential Apartments, Ghaziabad starts from Rs. 1925 per Sq. Ft. for the First Floor to the extent of Rs. 1650 per Sq. Ft. for the Twelfth Floor. Other Charges include Open and Covered Car Parking, Club Membership, Interest Fee Maintenance Security, Power Backup, Development Charges etc.
For more queries regarding the project please contact 01142470622, 9810445860 and submit Project inquiry form and for booking please send your application forms at info@zameen-zaidad.com and for more information visit www.zameen-zaidad.com.
Saviour Builders Pvt. Ltd. comes with their new project based on Residential Apartments at Greater Noida
Saviour Builders Pvt. Ltd. is a real estate organization which offer their new projects named as “Gaur City2” based on Residential Apartments at Sector -16C, Noida. Their project includes total 20th Floors which include various types of Residential Apartments like 2BHK, 2BHK + Study, 3BHK + Study, 4BHK+4T+Study residential apartments with all the luxurious facilities. They provide various facilities in their apartment’s like-
1- Rain water harvesting.
2- Banquet hall with guest room facilities.
3- Special kids parks.
4- Petrol and gas stations.
5- Swimming pool.
6- Landscape with the complex.
A home is something that is close to your heart while it’s an added advantage if it’s closer to nature as well. Keeping the same through alive, Saviour Builders have planned apartments that are within the greens under the name “Gaur City2”. These residential apartments are a great combination of Luxury, location and landscape. They offer 2BHK, 2BHK+Study, 3BHK, 3BHK+Study, 4BHK+4T+Study luxury apartments that uplift your mood with its composed surrounding. All this makes homes at Laurel a must buy as they bring you closer to the nature and your loved ones too. A single person can’t imagine all the facilities under one roof. If people want to book any apartment then the booking is done on the basis of square feet area. At the time of booking the person has to pay 10% of the total amount. There are two types of payment plans available with their project-
1- CASH DOWN PAYMENT PLAN
2- FLEXI PAYMENT PLAN
3- INSTALLMENT PAYMENT PLAN
There are some other Features included in this “Residential Apartment” Project like 2 km from NH-24 Ghaziabad, Noida & Greater Noida, Situated at Noida-Greater Noida Link Road, 7 km from Metro station, City Center, Sec-32 Noida and many more facilities. If you want to contact agent then you have to contact “Shri Aditya Estates”, contact number is 47082734 and 9810445860. The price and terms mentioned in this article are indictive with a view to acquaint the applicant and not exhaustive.
The route map is also mentioned in our site. If you want more details regarding the price sole and this project then just visit our site www.zameen-zaidad.com or if you have any query regarding this project then feel free to contact us at info@zameen-zaidad.com. Now, there is no need to sacrifice city life and settle down in far flung area just for the sake of buying a “Residential Apartment” in your budget. So, get ready to fulfill all your dreams with “GAUR CITY 2” and book your apartment now.
1- Rain water harvesting.
2- Banquet hall with guest room facilities.
3- Special kids parks.
4- Petrol and gas stations.
5- Swimming pool.
6- Landscape with the complex.
A home is something that is close to your heart while it’s an added advantage if it’s closer to nature as well. Keeping the same through alive, Saviour Builders have planned apartments that are within the greens under the name “Gaur City2”. These residential apartments are a great combination of Luxury, location and landscape. They offer 2BHK, 2BHK+Study, 3BHK, 3BHK+Study, 4BHK+4T+Study luxury apartments that uplift your mood with its composed surrounding. All this makes homes at Laurel a must buy as they bring you closer to the nature and your loved ones too. A single person can’t imagine all the facilities under one roof. If people want to book any apartment then the booking is done on the basis of square feet area. At the time of booking the person has to pay 10% of the total amount. There are two types of payment plans available with their project-
1- CASH DOWN PAYMENT PLAN
2- FLEXI PAYMENT PLAN
3- INSTALLMENT PAYMENT PLAN
There are some other Features included in this “Residential Apartment” Project like 2 km from NH-24 Ghaziabad, Noida & Greater Noida, Situated at Noida-Greater Noida Link Road, 7 km from Metro station, City Center, Sec-32 Noida and many more facilities. If you want to contact agent then you have to contact “Shri Aditya Estates”, contact number is 47082734 and 9810445860. The price and terms mentioned in this article are indictive with a view to acquaint the applicant and not exhaustive.
The route map is also mentioned in our site. If you want more details regarding the price sole and this project then just visit our site www.zameen-zaidad.com or if you have any query regarding this project then feel free to contact us at info@zameen-zaidad.com. Now, there is no need to sacrifice city life and settle down in far flung area just for the sake of buying a “Residential Apartment” in your budget. So, get ready to fulfill all your dreams with “GAUR CITY 2” and book your apartment now.
Monday, August 30, 2010
Bulland Elevates affordable residential apartments from Bulland Group at Greater Noida
Bulland Group is back in action with their new project on Residential Apartments at Sector -16C, Greater Noida. Their project consist of 2BHK + 2 Toilet, 2BHK + 2 Toilet + Study Room, 3BHK + 2 Toilet, 3BHK + 3 Toilet + Store Room, 3 BHK + 3 Toilet + Study Room, 4BHK + 4 Toilet + Store Room. There are 3 types of payment plan for this project Down Payment Plan, Flexi Payment Plan, Construction Link Plan. The prices of the residential apartments are being finalized according to the middle class families’ budget. In greater noida the current rate of residential apartments are based on the land size. Bulland Group is a trusted name among topnotch realtors and builders. Bulland Group has executed many reputed projects for over 11 yrs now. The Group has ventured into entertainment, shopping malls, as well as housing projects that have reformed the lives of many. With exquisite designs and natural surroundings, Bulland Group's quality is unsurpassed.
At the time of booking of the residential apartment the person has to pay 10% of the total amount. There are some additional charges also included like club membership, Lease Rent, Power Backup, Monthly Maintenance Charges etc. This residential project include various luxurious features like club house with swimming pool, Badminton Court, Yoga Center, Cafeteria, Rain Water Harvesting, CCTV Camera at main entrance and many more.
If the payment is done through Cheque/Draft then it should be issued in the favour of M/s Bulland Buildtech Private Limited and each booking accepted by company will be escalation free. This project is developed to fulfill all the basic requirement and demands which include high class facilities to all the middle class families at affordable rates. For more information about the project and price details just log on to the www.zameen-zaidad.com and for query just mail us at info@zameen-zaidad.com.
At the time of booking of the residential apartment the person has to pay 10% of the total amount. There are some additional charges also included like club membership, Lease Rent, Power Backup, Monthly Maintenance Charges etc. This residential project include various luxurious features like club house with swimming pool, Badminton Court, Yoga Center, Cafeteria, Rain Water Harvesting, CCTV Camera at main entrance and many more.
If the payment is done through Cheque/Draft then it should be issued in the favour of M/s Bulland Buildtech Private Limited and each booking accepted by company will be escalation free. This project is developed to fulfill all the basic requirement and demands which include high class facilities to all the middle class families at affordable rates. For more information about the project and price details just log on to the www.zameen-zaidad.com and for query just mail us at info@zameen-zaidad.com.
UPPAL Group Launch a new project on Residential Villa at Gurgaon Sector – 99
UPPAL Group launches a new project named as “Gurgaon 99”. They provide you the facility of “Residential Villa”. This project is located at Gurgaon Sector - 99. Their project provides 6 type of “Residential Villa which includes 5BHK and 4BHK.
Those peoples who want to be a part of this project for those peoples “Uppal Group” provide two types of payment plan-
Development Linked Payment Plan– On booking you has to pay Rs. 15 Lakh.
Accelerated Payment Plan- On booking you has to pay Rs. 15 Lakh.
Inspired by Spain, with its beautiful cities and towns and its traditional as well as futuristic architecture comes G99, an exclusive private township. It is situated on the upcoming 150m wide Dwarka expressway, with the Delhi metro running parallel and the Indira Gandhi International airport just 15 minutes away. The other terms and conditions shall be considered as per the Application Form, Standard Terms and Conditions of the company.
This “Residential Villa” project include various facilities like schools, club house, jogging and cycling tracks, restaurants , cafes, nursing home, health centers and many more. Prices of the projects are subject to revision/ withdrawal without notice at the company’s sole discretion. Terms and conditions stated herein are merely indicative with a view to acquaint the applicant and are not exhaustive. For detailed terms and conditions, please refer to Buyer’s Agreement
If you want to contact agent then you have to contact “Shri Aditya Estates”, contact number is 47082734 and 9810445860. The route map is also mentioned in our site. If you want more details regarding the price sole and this project then just visit our site www.zameen-zaidad.com or if you have any query regarding this project then feel free to contact us at info@zameen-zaidad.com.
Those peoples who want to be a part of this project for those peoples “Uppal Group” provide two types of payment plan-
Development Linked Payment Plan– On booking you has to pay Rs. 15 Lakh.
Accelerated Payment Plan- On booking you has to pay Rs. 15 Lakh.
Inspired by Spain, with its beautiful cities and towns and its traditional as well as futuristic architecture comes G99, an exclusive private township. It is situated on the upcoming 150m wide Dwarka expressway, with the Delhi metro running parallel and the Indira Gandhi International airport just 15 minutes away. The other terms and conditions shall be considered as per the Application Form, Standard Terms and Conditions of the company.
This “Residential Villa” project include various facilities like schools, club house, jogging and cycling tracks, restaurants , cafes, nursing home, health centers and many more. Prices of the projects are subject to revision/ withdrawal without notice at the company’s sole discretion. Terms and conditions stated herein are merely indicative with a view to acquaint the applicant and are not exhaustive. For detailed terms and conditions, please refer to Buyer’s Agreement
If you want to contact agent then you have to contact “Shri Aditya Estates”, contact number is 47082734 and 9810445860. The route map is also mentioned in our site. If you want more details regarding the price sole and this project then just visit our site www.zameen-zaidad.com or if you have any query regarding this project then feel free to contact us at info@zameen-zaidad.com.
Monday, August 23, 2010
Problem of Supply Overhang facing Commercial Real Estate
According to a report submitted by an agency the Indian real estate sector is likely to face the problem of plenty with office rental space set to outstrip demand resulting in a further drop in rentals. “With the forecast growth of net completions expected to outpace that of net absorption, a significant supply overhang is expected to remain over the next one year,” Confederation of Indian Industry (CII) and a global real estate services firm. “This will lead vacancy level across India, which was 17.2 percent in 2009 to rise to 20 percent by 2010 end,” it added.
The report said “the commercial lease and rental space in India would witness a low occupancy rate till 2011.” The report, however, added that most Indian cities have witnessed an increase in the volume of lease transactions in the first quarter of 2010 with Delhi, including the national capital region, Mumbai and Hyderabad having recorded more than a million square feet of leases each. In 2009, occupiers showed a strong preference towards operational vacant stock rather than projects under construction, a departure from 2007-08, the report pointed out. On the future trend, report said the most micro markets were expected to reach their rental lows within the next 2 3 quarters, if not reached as yet.
The report titled “The Seven Stars of India India’s best performing micro markets for occupiers” highlights the trend and forecast on realty rental market in seven cities of India Delhi, Mumbai, Pune, Chennai, Bangalore, Hyderabad and Kolkata.
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
The report said “the commercial lease and rental space in India would witness a low occupancy rate till 2011.” The report, however, added that most Indian cities have witnessed an increase in the volume of lease transactions in the first quarter of 2010 with Delhi, including the national capital region, Mumbai and Hyderabad having recorded more than a million square feet of leases each. In 2009, occupiers showed a strong preference towards operational vacant stock rather than projects under construction, a departure from 2007-08, the report pointed out. On the future trend, report said the most micro markets were expected to reach their rental lows within the next 2 3 quarters, if not reached as yet.
The report titled “The Seven Stars of India India’s best performing micro markets for occupiers” highlights the trend and forecast on realty rental market in seven cities of India Delhi, Mumbai, Pune, Chennai, Bangalore, Hyderabad and Kolkata.
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
Property Registration Charges increased by Andhra Pradesh Govt
In a move to offset losses due to reduction in stamp duty charges to a uniform 5 per cent across the State, the Andhra Pradesh Government has effected upward revision of the registration charges and market prices for properties from August 1.
The State Government had recently announced its decision to slash the stamp duty rates from 7 per cent and 6 per cent in urban and rural areas, respectively, to 5 per cent which conforms to Central Government guidelines. While the registration charges would, henceforth, be based on revised market prices in urban areas, in other parts of the State, it would be fixed by a committee of sub-registrars.
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
The State Government had recently announced its decision to slash the stamp duty rates from 7 per cent and 6 per cent in urban and rural areas, respectively, to 5 per cent which conforms to Central Government guidelines. While the registration charges would, henceforth, be based on revised market prices in urban areas, in other parts of the State, it would be fixed by a committee of sub-registrars.
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
Friday, August 20, 2010
Real Estate Revival Encouraging Developers to Revisit IPO’s
With the equity market holding up, some of the real estate companies are revisiting their share-offering plans, even at a price lower than what they had initially hoped for. Many of these companies already have Sebi’s approval to launch their initial public offerings (IPOs), but deferred their plans in the face of unfavourable market conditions. Companies that have the regulator’s approval with a validity until 2011 include Lodha Developers with an indicative IPO size of Rs 2,500 crore, AMR Constructions (Rs 145 crore),Delhi-based Ambiance (Rs 1,293 crore), Emaar MGF (Rs 3,850 crore), Oberoi Realty (Rs 1,002 crore), Kumar Urban Development (Rs 320 crore), Prestige Estates (Rs 971 crore), Neptune Developers (Rs 378 crore), and BPTP (Rs 1,500 crore).
“The secondary market is witnessing some euphoria, and sectors like telecom and real estate are being rerated,” said said a top official at a foreign investment bank involved in one of these deals. “Also, volatility has reduced, which is good for IPO-bound companies. We are likely to see some of the bigger real estate players come back to the market again,” he said, but also cautioned that only a few companies would be in a position to take advantage of this window of opportunity.
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
“The secondary market is witnessing some euphoria, and sectors like telecom and real estate are being rerated,” said said a top official at a foreign investment bank involved in one of these deals. “Also, volatility has reduced, which is good for IPO-bound companies. We are likely to see some of the bigger real estate players come back to the market again,” he said, but also cautioned that only a few companies would be in a position to take advantage of this window of opportunity.
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
Now, MHADA homes in Sri Lanka?
Mumbai : The Maharashtra Housing and Area Development Authority (MHADA) has been shortlisted by the Central government to undertake housing projects in the strife-torn Sri Lanka.
The Central government has chosen five parties to build 50,000 houses in Sri Lanka of which MHADA will have to construct 10,000.
For years, the internal fight launched by the Liberation Tigers of Tiger Eelam (LTTE) against the government has ravaged Sri Lanka. However, last year, the Sri Lankan government decimated the LTTE but in the process, there was heavy loss of life and property.
Mhada will undertake the task of planning, designing as well supervising the whole initiative.
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
The Central government has chosen five parties to build 50,000 houses in Sri Lanka of which MHADA will have to construct 10,000.
For years, the internal fight launched by the Liberation Tigers of Tiger Eelam (LTTE) against the government has ravaged Sri Lanka. However, last year, the Sri Lankan government decimated the LTTE but in the process, there was heavy loss of life and property.
Mhada will undertake the task of planning, designing as well supervising the whole initiative.
For more information house for sale, homes for sale, houses on rent, rental house, rented property, apartment for sale, property on sale, flats in delhi, flats in Gurgaon, rental flats on sale log on to http://www.zameen-zaidad.com and http://www.propertycafeteria.com
Friday, August 13, 2010
Acquired land need not be returned
Mumbai : The state government can use acquired lands for any other purpose if the purpose for which the land was acquired has been achieved, according to Maharashtra government.
The legal heirs of the erstwhile owner of the lands in Dahisar claimed that instead of expanding the existing Remote Receiving Station by the Airports Authority of India, the Mumbai International Airport Private Limited, which subsequently took over airport operations, is planning to use 50 per cent of the land to resettle and rehabilitate people who have encroached upon the airport land.
The affidavit filed by Kishore Agraharkar, special land acquisition officer, states that “lands once acquired for a public purpose cannot be returned to original owners.”
“As per Supreme Court judgment land once acquired for public purpose need not be given back. It’s upto the airport authorities to decide what to do with the land,” said assistant government pleader G W Mattos.
The legal heirs, reclaiming the two tracts of land measuring 12 acres, stated that the land will be used for rehabilitation of encroachers instead of expanding the RRS as revealed in an earlier affidavit filed by the authorities.
Petitioner Anwar Hajee Cassum Agboatwala and other legal heirs state that such a change of purpose is not permissible even if it is assumed it is for a public purpose.
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
The legal heirs of the erstwhile owner of the lands in Dahisar claimed that instead of expanding the existing Remote Receiving Station by the Airports Authority of India, the Mumbai International Airport Private Limited, which subsequently took over airport operations, is planning to use 50 per cent of the land to resettle and rehabilitate people who have encroached upon the airport land.
The affidavit filed by Kishore Agraharkar, special land acquisition officer, states that “lands once acquired for a public purpose cannot be returned to original owners.”
“As per Supreme Court judgment land once acquired for public purpose need not be given back. It’s upto the airport authorities to decide what to do with the land,” said assistant government pleader G W Mattos.
The legal heirs, reclaiming the two tracts of land measuring 12 acres, stated that the land will be used for rehabilitation of encroachers instead of expanding the RRS as revealed in an earlier affidavit filed by the authorities.
Petitioner Anwar Hajee Cassum Agboatwala and other legal heirs state that such a change of purpose is not permissible even if it is assumed it is for a public purpose.
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Teaser rates on home loans to go as base rate debuts
Mumbai: India’s top lenders who have offered teaser rates on mortgages through special schemes to boost off take of loans will withdraw such schemes on Wednesday, as banks move to a new system of pricing loans from July 1. The special loan schemes launched by mortgage lenders — HDFC, ICICI Bank and State Bank of India last year, featuring lower rates at fixed rates for the first couple of years — will end on June 30. According to bank officials, none of these schemes are likely to be extended.
India’s largest bank — SBI’s and ICICI Bank’s pricing of home loans will shift to the new benchmark — the base rate from July 1. SBI, which was the first to kick off this special scheme or teaser rates, is offering home loans at 8% for the first year, 9% for the next two years and linked to market rates in the subsequent years. HDFC, which was then forced to follow suit, offers a fixed rate loan of 8.25 % up to March 2011, 9% for 2012-13 and the prevailing rate thereafter. ICICI Bank’s scheme offers a fixed rate of 8.25% during the first year, 9% in the second year with the loan then being shifted to a floating rate linked to the prevailing benchmark.
SBI’s aggressive move succeeded with the bank sanctioning an average Rs 2,000 crore of home loans every month. The bank then extended the scheme, as did HDFC, the leader in the mortgage lending segment. However, with the shift to the new benchmark, there is uncertainty relating to how banks would price their home loans. Banks have indicated that their base rates would be in the range of 8-10%, but there is no clarity now on the spread at which they would lend. So far, banks could structure special home loan schemes to attract new customers as they were allowed to lend below the prime lending rate. Under the new system of pricing loans, which comes into force from July, no bank can lend below the base rate.
Old borrowers will have the option to shift to the base rate as the new benchmark. But some bankers say they may have to continue announcing the prime lending rate as a benchmark simultaneously since they have already contracted with borrowers to peg interest rates to the PLR. The base rate will favour borrowers in a falling interest rate regime as lenders would have to revise the base rate to reduce lending rates.
RBI has made it clear to banks that any changes in the base rate will have to be applicable to existing customers as well. However, what needs to be borne in mind is that the central bank has only told banks to adopt the base rate system, which is not applicable to housing finance companies and NBFCs. In the last interest rate cycle, many old customers complained that they did not receive the full benefit of lower rates on their homes loans as banks offered lower rates to new customers while old customers continued to pay higher rate.
Banking analysts say if the base rate is in the range of 8-10%, home loans would have to be priced higher than this. Further, home loan rates are expected to go up as interest rates are now headed northwards. Many banks have held back a review of their interest rates until the adoption of the new benchmark. RBI executive director Deepak Mohanty said the base rate system will not increase the effective cost of borrowing as projected by the corporate lobby and that it was aimed at bringing more transparency in the lending rates. Bankers are of the view that interest rates on home loans will continue to be competitive since it is a secured loan.
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
India’s largest bank — SBI’s and ICICI Bank’s pricing of home loans will shift to the new benchmark — the base rate from July 1. SBI, which was the first to kick off this special scheme or teaser rates, is offering home loans at 8% for the first year, 9% for the next two years and linked to market rates in the subsequent years. HDFC, which was then forced to follow suit, offers a fixed rate loan of 8.25 % up to March 2011, 9% for 2012-13 and the prevailing rate thereafter. ICICI Bank’s scheme offers a fixed rate of 8.25% during the first year, 9% in the second year with the loan then being shifted to a floating rate linked to the prevailing benchmark.
SBI’s aggressive move succeeded with the bank sanctioning an average Rs 2,000 crore of home loans every month. The bank then extended the scheme, as did HDFC, the leader in the mortgage lending segment. However, with the shift to the new benchmark, there is uncertainty relating to how banks would price their home loans. Banks have indicated that their base rates would be in the range of 8-10%, but there is no clarity now on the spread at which they would lend. So far, banks could structure special home loan schemes to attract new customers as they were allowed to lend below the prime lending rate. Under the new system of pricing loans, which comes into force from July, no bank can lend below the base rate.
Old borrowers will have the option to shift to the base rate as the new benchmark. But some bankers say they may have to continue announcing the prime lending rate as a benchmark simultaneously since they have already contracted with borrowers to peg interest rates to the PLR. The base rate will favour borrowers in a falling interest rate regime as lenders would have to revise the base rate to reduce lending rates.
RBI has made it clear to banks that any changes in the base rate will have to be applicable to existing customers as well. However, what needs to be borne in mind is that the central bank has only told banks to adopt the base rate system, which is not applicable to housing finance companies and NBFCs. In the last interest rate cycle, many old customers complained that they did not receive the full benefit of lower rates on their homes loans as banks offered lower rates to new customers while old customers continued to pay higher rate.
Banking analysts say if the base rate is in the range of 8-10%, home loans would have to be priced higher than this. Further, home loan rates are expected to go up as interest rates are now headed northwards. Many banks have held back a review of their interest rates until the adoption of the new benchmark. RBI executive director Deepak Mohanty said the base rate system will not increase the effective cost of borrowing as projected by the corporate lobby and that it was aimed at bringing more transparency in the lending rates. Bankers are of the view that interest rates on home loans will continue to be competitive since it is a secured loan.
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Tuesday, August 3, 2010
Real Estate Revival Encouraging Developers to Revisit IPO’s
With the equity market holding up, some of the real estate companies are revisiting their share-offering plans, even at a price lower than what they had initially hoped for. Many of these companies already have Sebi’s approval to launch their initial public offerings (IPOs), but deferred their plans in the face of unfavourable market conditions. Companies that have the regulator’s approval with a validity until 2011 include Lodha Developers with an indicative IPO size of Rs 2,500 crore, AMR Constructions (Rs 145 crore),Delhi-based Ambiance (Rs 1,293 crore), Emaar MGF (Rs 3,850 crore), Oberoi Realty (Rs 1,002 crore), Kumar Urban Development (Rs 320 crore), Prestige Estates (Rs 971 crore), Neptune Developers (Rs 378 crore), and BPTP (Rs 1,500 crore).
“The secondary market is witnessing some euphoria, and sectors like telecom and real estate are being rerated,” said said a top official at a foreign investment bank involved in one of these deals. “Also, volatility has reduced, which is good for IPO-bound companies. We are likely to see some of the bigger real estate players come back to the market again,” he said, but also cautioned that only a few companies would be in a position to take advantage of this window of opportunity.
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
“The secondary market is witnessing some euphoria, and sectors like telecom and real estate are being rerated,” said said a top official at a foreign investment bank involved in one of these deals. “Also, volatility has reduced, which is good for IPO-bound companies. We are likely to see some of the bigger real estate players come back to the market again,” he said, but also cautioned that only a few companies would be in a position to take advantage of this window of opportunity.
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Brigade Enterprises Seeks shareholders’ Approval to Raise Rs 750 crore of Additional Funding
Brigade Enterprises Seeks shareholders’ Approval to Raise Rs 750 crore of Additional Funding
Bangalore-based real estate company, Brigade Enterprises has sought shareholders’ approval to raise Rs 750 crore of additional funding. The money will be raised through various instruments such as global depository receipts (GDRs), American depository receipts (ADRs), foreign currency convertible bonds (FCCBs) or via placement with qualified institutional investors.
In a note to shareholders, ahead of the annual general meeting on July 23, the company said, “The money will be used to fund the construction cost of ongoing and new residential projects, acquisition of land, repayment of debts, augmentation of working capital, investment opportunities and for other general corporate purposes.” “We will take resolution of Rs 750 crore but will only raise around Rs 350-400 crore in the first tranche,” said R J Shama Sunder, general manager, finance, Brigade Enterprises.
The Banglore based realty firm, which primarily focuses on development of residential units in South India, is also seeking shareholder approval to list its stock on the London, Singapore, Luxembourg and New York Stock Exchanges. “We have an option of looking to raise money from the international market by listing the company on foreign stock exchanges,” said Sunder.
Shareholders will be called upon to approve the appointment of KR Srinivas Murthy as one of the directors of the company. Murthy is currently on the boards of CMC, National Stock Exchange of India and Himatsingka Seide.
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Bangalore-based real estate company, Brigade Enterprises has sought shareholders’ approval to raise Rs 750 crore of additional funding. The money will be raised through various instruments such as global depository receipts (GDRs), American depository receipts (ADRs), foreign currency convertible bonds (FCCBs) or via placement with qualified institutional investors.
In a note to shareholders, ahead of the annual general meeting on July 23, the company said, “The money will be used to fund the construction cost of ongoing and new residential projects, acquisition of land, repayment of debts, augmentation of working capital, investment opportunities and for other general corporate purposes.” “We will take resolution of Rs 750 crore but will only raise around Rs 350-400 crore in the first tranche,” said R J Shama Sunder, general manager, finance, Brigade Enterprises.
The Banglore based realty firm, which primarily focuses on development of residential units in South India, is also seeking shareholder approval to list its stock on the London, Singapore, Luxembourg and New York Stock Exchanges. “We have an option of looking to raise money from the international market by listing the company on foreign stock exchanges,” said Sunder.
Shareholders will be called upon to approve the appointment of KR Srinivas Murthy as one of the directors of the company. Murthy is currently on the boards of CMC, National Stock Exchange of India and Himatsingka Seide.
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Wednesday, July 28, 2010
RIL may run for Bombay Dyeing biz
Likely To Compete With Indo Rama & JBF Industries To Buy Loss-Making Polyester Plant
Sabarinath M & Nishanth Vasudevan MUMBAI
THE Wadia-Ambani feud of three decades may end in a bittersweet deal. The possible sale of Bombay Dyeing’s polyester plant to Mukesh Ambani, scion of the polyester prince who vanquished the Wadias in the battle for a petrochemical empire.
Reliance Industries (RIL) may compete with Indo Rama and JBF Industries to buy the loss-making plant of Bombay Dyeing, which is on its way out of a business that led to a spectacular public fight in the 80s with Reliance founder Dhirubhai Ambani, said two persons familiar with the developments.
Bombay Dyeing & Manufacturing Co, born as The Spring Mills in 1903, may seek shareholders’ nod next month to sell the plant that can produce 165,000 tonnes a year, they said.
The Wadias are metamorphosing into builders of homes and offices from selling textiles and petrochemicals, where prospects are dimming. This follows their failure to establish in the petrochemical business, where Reliance has taken giant strides in the last three decades after choosing a different ingredient to make polyester. In the 1980s, both the business houses accused each other of manipulating government policy to suit their interests. Ultimately, the Ambanis won.
“There is no proposal with the board to sell the PSF business,’’ Durgesh Mehta, joint MD of Bombay Dyeing, said in an email.
A Reliance spokesperson said: “As a policy, we do not comment on speculations.”
Although petrochemicals and textiles contribute about two-thirds of Bombay Dyeing’s revenues, they lost more than Rs 100 crore in fiscal 2010. The real estate division made a pre-tax profit of Rs 346.45 crore.
The group’s petrochemicals problems started with it choosing dimethyl terephthalate to make polyester while Reliance preferred purified terephthalic acid. In a controlled socialistic economy and small market, duty structures can make all the difference. Duty on these goods were dynamic, which some say favoured Reliance.
In the 80s and 90s, Reliance marched ahead with increasing capacities, by gobbling up smaller rivals, while the Wadias lost.
“The polyester unit could now be valued at about Rs 300 crore,” said an investment banker close to the transaction.
RIL chairman Mukesh Ambani recently told shareholders that polyester capacities will be increased. Acquisition to boost capacity
ANY purchase of Bombay Dyeing’s polyester business will boost RIL’s capacity above 9 lakh tonnes per annum. If Indo Rama gets it, its capacity would go beyond 4 lakh tonnes.
An Indo Rama spokesman said, ``There has been no such discussions or developments in the matter that you have mentioned.” A JBF official, who did not want to be identified, said it is evaluating proposals, including Bombay Dyeing’s. Getting out of a business that does not make sense is not unusual for the Wadias. It began the journey building ships two-anda-half centuries ago, including the ones on which the US national anthem was composed, and the deck on which China signed off Hong Kong to England, in the Treaty of Nanking. It doesn’t build ships now.
It also does not hesitate to jump on to the business that shows promise. When Bombay became the second-biggest cotton port in the world in the 19th century after New Orleans, it began dip-dyeing yarn by hand.
The link with that business may thin with the sale of polyester plant in Patalganga, Maharashtra, which if Reliance buys can annexe with its own by just demolishing the compound wall. But Bombay Dyeing is expanding the construction business with its huge swathe of land in Mumbai, the financial capital.
It has hired four expatriates, who cut their teeth in the Middle-East property market, to head project and design teams. It has built the corporate headquarters for nation’s third most-valuable private lender, Axis Bank, in a land where a textile mill once stood.
Courtesy by: The Economic Times Dtd: July 10th, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Sabarinath M & Nishanth Vasudevan MUMBAI
THE Wadia-Ambani feud of three decades may end in a bittersweet deal. The possible sale of Bombay Dyeing’s polyester plant to Mukesh Ambani, scion of the polyester prince who vanquished the Wadias in the battle for a petrochemical empire.
Reliance Industries (RIL) may compete with Indo Rama and JBF Industries to buy the loss-making plant of Bombay Dyeing, which is on its way out of a business that led to a spectacular public fight in the 80s with Reliance founder Dhirubhai Ambani, said two persons familiar with the developments.
Bombay Dyeing & Manufacturing Co, born as The Spring Mills in 1903, may seek shareholders’ nod next month to sell the plant that can produce 165,000 tonnes a year, they said.
The Wadias are metamorphosing into builders of homes and offices from selling textiles and petrochemicals, where prospects are dimming. This follows their failure to establish in the petrochemical business, where Reliance has taken giant strides in the last three decades after choosing a different ingredient to make polyester. In the 1980s, both the business houses accused each other of manipulating government policy to suit their interests. Ultimately, the Ambanis won.
“There is no proposal with the board to sell the PSF business,’’ Durgesh Mehta, joint MD of Bombay Dyeing, said in an email.
A Reliance spokesperson said: “As a policy, we do not comment on speculations.”
Although petrochemicals and textiles contribute about two-thirds of Bombay Dyeing’s revenues, they lost more than Rs 100 crore in fiscal 2010. The real estate division made a pre-tax profit of Rs 346.45 crore.
The group’s petrochemicals problems started with it choosing dimethyl terephthalate to make polyester while Reliance preferred purified terephthalic acid. In a controlled socialistic economy and small market, duty structures can make all the difference. Duty on these goods were dynamic, which some say favoured Reliance.
In the 80s and 90s, Reliance marched ahead with increasing capacities, by gobbling up smaller rivals, while the Wadias lost.
“The polyester unit could now be valued at about Rs 300 crore,” said an investment banker close to the transaction.
RIL chairman Mukesh Ambani recently told shareholders that polyester capacities will be increased. Acquisition to boost capacity
ANY purchase of Bombay Dyeing’s polyester business will boost RIL’s capacity above 9 lakh tonnes per annum. If Indo Rama gets it, its capacity would go beyond 4 lakh tonnes.
An Indo Rama spokesman said, ``There has been no such discussions or developments in the matter that you have mentioned.” A JBF official, who did not want to be identified, said it is evaluating proposals, including Bombay Dyeing’s. Getting out of a business that does not make sense is not unusual for the Wadias. It began the journey building ships two-anda-half centuries ago, including the ones on which the US national anthem was composed, and the deck on which China signed off Hong Kong to England, in the Treaty of Nanking. It doesn’t build ships now.
It also does not hesitate to jump on to the business that shows promise. When Bombay became the second-biggest cotton port in the world in the 19th century after New Orleans, it began dip-dyeing yarn by hand.
The link with that business may thin with the sale of polyester plant in Patalganga, Maharashtra, which if Reliance buys can annexe with its own by just demolishing the compound wall. But Bombay Dyeing is expanding the construction business with its huge swathe of land in Mumbai, the financial capital.
It has hired four expatriates, who cut their teeth in the Middle-East property market, to head project and design teams. It has built the corporate headquarters for nation’s third most-valuable private lender, Axis Bank, in a land where a textile mill once stood.
Courtesy by: The Economic Times Dtd: July 10th, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Reverse mortgage unlocks property’s potential
Ashish Gupta explains how this concept helps property owners get a regular income without having to surrender possession
Reverse mortgage is a financial product that enables senior citizens (60 years plus) to mortgage their real estate assets with a lender and convert part of the equity into tax-free regular income. This saves them from selling assets in their lifetime.
The Life Insurance Corporation (LIC) is planning to enter the reverse mortgage business. LIC's entry in this segment is significant as the life insurer has a huge base. According to the Insurance Regulatory Development Authority's (IRDA) annual report, LIC has a 29 percent share in the total new life insurance policies sold in 2008-09.
The National Housing Bank's (NHB) reverse mortgage loan-enabled annuity scheme has sanctioned 40 loans estimated at Rs 100 crores. The scheme, without the life-long payment benefit, was launched in 2007. According to the NHB, around 7,000 loans amounting to around Rs 1,400 crores have been sanctioned till March 31, 2010. It is expected that the modified scheme that provides life-long annuity to the buyer and his spouse will catch on with the entry of LIC in the segment.
With the existing scheme, LIC will provide payments in the form of annuity to policyholders. Once the assessed value of the house and the loan amount to be disbursed is decided on, LIC will start making payments till the policyholder survives. The bank will make full payment of the total loan amount to the LIC once the policy starts which the insurer can invest as per the company's investment guidelines.
In case of a reverse mortgage, the property owner surrenders the title of the property to a financial institution. The financial institution doesn't pay the entire amount to the owner upfront. On the contrary, it pays out a regular sum each month for the agreed time. The owner gets to stay in the property along with his spouse for their lifetime. Thus, the owner can ensure a regular cash flow in times of need and enjoy the benefit of staying in the property. After the owner's death, the property is transferred to the institution, and not to the heirs.
Reverse mortgage is a relatively new concept in India. The concept is quite popular in developed countries to generate cash flows.
The aim is to make immovable property more liquid and generate returns out of the asset while it is used by the owner. The amount paid out each month is for a specific period of time. The monthly payout depends on the value of the property, the term of the agreement and the rate of payment. The valuation of the property is to be done by professionals. The entire payout mechanism - calculation and computation - depends on the law of probability.
The financing institution has to bear the risk of the individual outliving the agreement. At the expiry of the agreement period, the monthly payments to the owner stops.
Reverse mortgage is of immense use in unlocking the otherwise illiquid asset. Till now, immovable property has been treated as one of the most illiquid assets. Reverse mortgage unlocks the liquidity potential of this asset. It helps the owner get good returns from his immovable property, without having to part with it. The owner can continue with the possession of the property during his lifetime.
A NOVEL CONCEPT
Reverse mortgage is a relatively new concept in India
It is a financial product that enables senior citizens to get tax-free regular income
The concept is meant to unlock the income potential of a property
A significant aspect of this concept is the owner retains possession through his lifetime
It makes property as an investment option work better, especially for risk-averse senior citizens
It is a popular income-generating product in the West
The monthly payout depends on the value of property
The financing institution bears the risk of the individual outliving the agreement
Courtesy by: Times Property Dtd: July 3, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Reverse mortgage is a financial product that enables senior citizens (60 years plus) to mortgage their real estate assets with a lender and convert part of the equity into tax-free regular income. This saves them from selling assets in their lifetime.
The Life Insurance Corporation (LIC) is planning to enter the reverse mortgage business. LIC's entry in this segment is significant as the life insurer has a huge base. According to the Insurance Regulatory Development Authority's (IRDA) annual report, LIC has a 29 percent share in the total new life insurance policies sold in 2008-09.
The National Housing Bank's (NHB) reverse mortgage loan-enabled annuity scheme has sanctioned 40 loans estimated at Rs 100 crores. The scheme, without the life-long payment benefit, was launched in 2007. According to the NHB, around 7,000 loans amounting to around Rs 1,400 crores have been sanctioned till March 31, 2010. It is expected that the modified scheme that provides life-long annuity to the buyer and his spouse will catch on with the entry of LIC in the segment.
With the existing scheme, LIC will provide payments in the form of annuity to policyholders. Once the assessed value of the house and the loan amount to be disbursed is decided on, LIC will start making payments till the policyholder survives. The bank will make full payment of the total loan amount to the LIC once the policy starts which the insurer can invest as per the company's investment guidelines.
In case of a reverse mortgage, the property owner surrenders the title of the property to a financial institution. The financial institution doesn't pay the entire amount to the owner upfront. On the contrary, it pays out a regular sum each month for the agreed time. The owner gets to stay in the property along with his spouse for their lifetime. Thus, the owner can ensure a regular cash flow in times of need and enjoy the benefit of staying in the property. After the owner's death, the property is transferred to the institution, and not to the heirs.
Reverse mortgage is a relatively new concept in India. The concept is quite popular in developed countries to generate cash flows.
The aim is to make immovable property more liquid and generate returns out of the asset while it is used by the owner. The amount paid out each month is for a specific period of time. The monthly payout depends on the value of the property, the term of the agreement and the rate of payment. The valuation of the property is to be done by professionals. The entire payout mechanism - calculation and computation - depends on the law of probability.
The financing institution has to bear the risk of the individual outliving the agreement. At the expiry of the agreement period, the monthly payments to the owner stops.
Reverse mortgage is of immense use in unlocking the otherwise illiquid asset. Till now, immovable property has been treated as one of the most illiquid assets. Reverse mortgage unlocks the liquidity potential of this asset. It helps the owner get good returns from his immovable property, without having to part with it. The owner can continue with the possession of the property during his lifetime.
A NOVEL CONCEPT
Reverse mortgage is a relatively new concept in India
It is a financial product that enables senior citizens to get tax-free regular income
The concept is meant to unlock the income potential of a property
A significant aspect of this concept is the owner retains possession through his lifetime
It makes property as an investment option work better, especially for risk-averse senior citizens
It is a popular income-generating product in the West
The monthly payout depends on the value of property
The financing institution bears the risk of the individual outliving the agreement
Courtesy by: Times Property Dtd: July 3, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Thursday, July 22, 2010
Here are some tips to keep your home vibrant during the monsoon
Gear up to welcome the monsoon this year. There are many things one needs to do to spruce up the home.
Bright colours
Decorate your home in bright colours to liven up your mood. Put away the blues and greens for the summer heat, as they don't go well with monsoons. The monsoon calls for lively bright and warm colours such as yellows, oranges and red to brighten up your rooms. Ideally dark colours should be avoided as the skies are generally overcast and you want whatever light that enters your house to be maximised by light colours and other reflective surfaces. At the same time, avoid very light colours such as white and cream. These colours are very difficult to keep clean during a muddy monsoon.
Keep plants outdoors
With the onslaught of the monsoon, it is the ideal time to keep your plants out in the rain to get watered naturally, It is time for your quilts and heavy blankets to come out from the innermost storage rack of your bed or your cupboard. Store your linen in plastic packets. Use scented sachets while you store them.
Moisture usually attracts cotton, silk and woollen; so it is advisable to use polyester and nylon bed linen. Kids generally tend to run around bare feet at home; it is advisable to place small rugs/mats next to the bed side; it will help to keep the bed clean and dry. Keep selective wall-hangings on walls that would not be affected by moisture. Also observe wall seepage; you can surely hide them with those wall-hangings. Wrought iron materials at home can be treated with anti-rust polish.
Drapes and furnishings
Invest in lace curtains or curtains without lining to ensure that the daylight passing through will bathe the room in a suffused glow. These curtains will allow sufficient amount of light to enter the room simultaneously providing the privacy that you seek. Roll away the carpet. Ensure that once rolled, the carpet is covered in a plastic sheet. This will reduce the chances of moisture or accidental leakages damaging the carpet. They often catch fungus if kept open.
Invest in bright, multicoloured washable plastic carpet mats. These are light carpets and will dry faster than a normal fur carpet if it gets wet. These carpets may not be as lavish or soft to the feel as other synthetic fibres but they are very durable, water/static resistant, and offer extremely good value. Nowadays there are a lot of options in the market; a cheaper option to this would be a decorative bamboo or coir mat.
Lights and mirrors
Mirrors hung on the wall can also help brighten up a dreary dark space. Large mirrors in pretty frames hung on the wall can add an elegant focal point to a room while helping to move light around and creating the illusion of a larger space. Bright coloured paint can also help to bounce light around a room. nbour home which aren't bright enough in the fall daylight.
Courtesy Times Property Dtd. July 16, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Bright colours
Decorate your home in bright colours to liven up your mood. Put away the blues and greens for the summer heat, as they don't go well with monsoons. The monsoon calls for lively bright and warm colours such as yellows, oranges and red to brighten up your rooms. Ideally dark colours should be avoided as the skies are generally overcast and you want whatever light that enters your house to be maximised by light colours and other reflective surfaces. At the same time, avoid very light colours such as white and cream. These colours are very difficult to keep clean during a muddy monsoon.
Keep plants outdoors
With the onslaught of the monsoon, it is the ideal time to keep your plants out in the rain to get watered naturally, It is time for your quilts and heavy blankets to come out from the innermost storage rack of your bed or your cupboard. Store your linen in plastic packets. Use scented sachets while you store them.
Moisture usually attracts cotton, silk and woollen; so it is advisable to use polyester and nylon bed linen. Kids generally tend to run around bare feet at home; it is advisable to place small rugs/mats next to the bed side; it will help to keep the bed clean and dry. Keep selective wall-hangings on walls that would not be affected by moisture. Also observe wall seepage; you can surely hide them with those wall-hangings. Wrought iron materials at home can be treated with anti-rust polish.
Drapes and furnishings
Invest in lace curtains or curtains without lining to ensure that the daylight passing through will bathe the room in a suffused glow. These curtains will allow sufficient amount of light to enter the room simultaneously providing the privacy that you seek. Roll away the carpet. Ensure that once rolled, the carpet is covered in a plastic sheet. This will reduce the chances of moisture or accidental leakages damaging the carpet. They often catch fungus if kept open.
Invest in bright, multicoloured washable plastic carpet mats. These are light carpets and will dry faster than a normal fur carpet if it gets wet. These carpets may not be as lavish or soft to the feel as other synthetic fibres but they are very durable, water/static resistant, and offer extremely good value. Nowadays there are a lot of options in the market; a cheaper option to this would be a decorative bamboo or coir mat.
Lights and mirrors
Mirrors hung on the wall can also help brighten up a dreary dark space. Large mirrors in pretty frames hung on the wall can add an elegant focal point to a room while helping to move light around and creating the illusion of a larger space. Bright coloured paint can also help to bounce light around a room. nbour home which aren't bright enough in the fall daylight.
Courtesy Times Property Dtd. July 16, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Here are some tips to keep your home vibrant during the monsoon
Gear up to welcome the monsoon this year. There are many things one needs to do to spruce up the home.
Bright colours
Decorate your home in bright colours to liven up your mood. Put away the blues and greens for the summer heat, as they don't go well with monsoons. The monsoon calls for lively bright and warm colours such as yellows, oranges and red to brighten up your rooms. Ideally dark colours should be avoided as the skies are generally overcast and you want whatever light that enters your house to be maximised by light colours and other reflective surfaces. At the same time, avoid very light colours such as white and cream. These colours are very difficult to keep clean during a muddy monsoon.
Keep plants outdoors
With the onslaught of the monsoon, it is the ideal time to keep your plants out in the rain to get watered naturally, It is time for your quilts and heavy blankets to come out from the innermost storage rack of your bed or your cupboard. Store your linen in plastic packets. Use scented sachets while you store them.
Moisture usually attracts cotton, silk and woollen; so it is advisable to use polyester and nylon bed linen. Kids generally tend to run around bare feet at home; it is advisable to place small rugs/mats next to the bed side; it will help to keep the bed clean and dry. Keep selective wall-hangings on walls that would not be affected by moisture. Also observe wall seepage; you can surely hide them with those wall-hangings. Wrought iron materials at home can be treated with anti-rust polish.
Drapes and furnishings
Invest in lace curtains or curtains without lining to ensure that the daylight passing through will bathe the room in a suffused glow. These curtains will allow sufficient amount of light to enter the room simultaneously providing the privacy that you seek. Roll away the carpet. Ensure that once rolled, the carpet is covered in a plastic sheet. This will reduce the chances of moisture or accidental leakages damaging the carpet. They often catch fungus if kept open.
Invest in bright, multicoloured washable plastic carpet mats. These are light carpets and will dry faster than a normal fur carpet if it gets wet. These carpets may not be as lavish or soft to the feel as other synthetic fibres but they are very durable, water/static resistant, and offer extremely good value. Nowadays there are a lot of options in the market; a cheaper option to this would be a decorative bamboo or coir mat.
Lights and mirrors
Mirrors hung on the wall can also help brighten up a dreary dark space. Large mirrors in pretty frames hung on the wall can add an elegant focal point to a room while helping to move light around and creating the illusion of a larger space. Bright coloured paint can also help to bounce light around a room. nbour home which aren't bright enough in the fall daylight.
Courtesy Times Property Dtd. July 16, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Bright colours
Decorate your home in bright colours to liven up your mood. Put away the blues and greens for the summer heat, as they don't go well with monsoons. The monsoon calls for lively bright and warm colours such as yellows, oranges and red to brighten up your rooms. Ideally dark colours should be avoided as the skies are generally overcast and you want whatever light that enters your house to be maximised by light colours and other reflective surfaces. At the same time, avoid very light colours such as white and cream. These colours are very difficult to keep clean during a muddy monsoon.
Keep plants outdoors
With the onslaught of the monsoon, it is the ideal time to keep your plants out in the rain to get watered naturally, It is time for your quilts and heavy blankets to come out from the innermost storage rack of your bed or your cupboard. Store your linen in plastic packets. Use scented sachets while you store them.
Moisture usually attracts cotton, silk and woollen; so it is advisable to use polyester and nylon bed linen. Kids generally tend to run around bare feet at home; it is advisable to place small rugs/mats next to the bed side; it will help to keep the bed clean and dry. Keep selective wall-hangings on walls that would not be affected by moisture. Also observe wall seepage; you can surely hide them with those wall-hangings. Wrought iron materials at home can be treated with anti-rust polish.
Drapes and furnishings
Invest in lace curtains or curtains without lining to ensure that the daylight passing through will bathe the room in a suffused glow. These curtains will allow sufficient amount of light to enter the room simultaneously providing the privacy that you seek. Roll away the carpet. Ensure that once rolled, the carpet is covered in a plastic sheet. This will reduce the chances of moisture or accidental leakages damaging the carpet. They often catch fungus if kept open.
Invest in bright, multicoloured washable plastic carpet mats. These are light carpets and will dry faster than a normal fur carpet if it gets wet. These carpets may not be as lavish or soft to the feel as other synthetic fibres but they are very durable, water/static resistant, and offer extremely good value. Nowadays there are a lot of options in the market; a cheaper option to this would be a decorative bamboo or coir mat.
Lights and mirrors
Mirrors hung on the wall can also help brighten up a dreary dark space. Large mirrors in pretty frames hung on the wall can add an elegant focal point to a room while helping to move light around and creating the illusion of a larger space. Bright coloured paint can also help to bounce light around a room. nbour home which aren't bright enough in the fall daylight.
Courtesy Times Property Dtd. July 16, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Wood as part of your interior decor adds charm
Recent trends in interior décor showcase an upswing in the use of wooden art effects in modern homes. While from times immemorial, wood has been extensively used in architecture and to some extent in flooring, today's home maker prefers to experiment with wooden show pieces and home accessories that suit individual tastes. "Wood ushers in warmth and has you feel more connected with nature," feels Nihar Mehta, who has fashioned his home away from the humdrum of the city. True to its being among the most versatile of materials, wood can be fashioned into design elements that can accentuate both traditional and contemporary styles.
WOOD IN DECOR
Traditional hangings at the entrance to one's home are fast taking a back seat to more elaborate wooden arrangements. Intricate carvings can frame the doorway and lend a unique individuality to one's home. A couple of large wooden vases with dry arrangements, or a shallow urn filled with water and colourful floating petals can accentuate the warm reception you intend to give to your guests.
Many Indian homes prefer having a well-lit statuette of a widely loved deity as one enters the home. Woodcarvings of gods and goddesses come in a variety of styles and expressions. Should you prefer to keep your religious inclinations more understated, you can opt for figurines of traditional dancers to showcase your love for art, or choose to hang up some interesting looking wooden masks you may have brought back from a recent trip overseas. Choose these artefacts carefully to reflect your personality.
WALL MURALS
Once inside the living room, wood can be employed to extend your current décor scheme. Contemporary arrangements can be accentuated by the deliberate introduction of interesting geometric shapes in corners or on the wall. Glass mounted wooden figurines can double up as side tables, and an interesting wood framed mural on the wall may be a potent conversation-starter. Extend the colour scheme of the room into these focal points. Given the spectrum of colours you can choose from, wooden artefacts can create points of contrast against neutral backdrops, highlighting the look and feel of these spaces.
Experiment with interesting designs in wooden beams and ceiling covers. These can create visual punctuation between living spaces, particularly those that are functionally disjoint. An open kitchen for example, can be framed by a wooden counter with a few oversized wooden spoons on the wall for eye candy, and separated from the dining area by an overhead beam with elaborate carvings of fruits or vegetables. A traditional wooden swing hanging in the living room can separate the sitting area from the dining, and a glass cabinet with tiny wooden show pieces can create a visual partition without cramping up space. Consider experimenting with hand-painted designs on wooden bowls or flower vases to lend a dash of colour and spike up drab arrangements.
Be it a fetish for feng-shui wooden figurines, an indulgence in the opulent retro feel of teak wood on your walls, or the simple desire to go with the tried and tested, wood fuels expression well and you can never go wrong by dabbling in it.
Courtesy Times Property Dtd. July 16, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
WOOD IN DECOR
Traditional hangings at the entrance to one's home are fast taking a back seat to more elaborate wooden arrangements. Intricate carvings can frame the doorway and lend a unique individuality to one's home. A couple of large wooden vases with dry arrangements, or a shallow urn filled with water and colourful floating petals can accentuate the warm reception you intend to give to your guests.
Many Indian homes prefer having a well-lit statuette of a widely loved deity as one enters the home. Woodcarvings of gods and goddesses come in a variety of styles and expressions. Should you prefer to keep your religious inclinations more understated, you can opt for figurines of traditional dancers to showcase your love for art, or choose to hang up some interesting looking wooden masks you may have brought back from a recent trip overseas. Choose these artefacts carefully to reflect your personality.
WALL MURALS
Once inside the living room, wood can be employed to extend your current décor scheme. Contemporary arrangements can be accentuated by the deliberate introduction of interesting geometric shapes in corners or on the wall. Glass mounted wooden figurines can double up as side tables, and an interesting wood framed mural on the wall may be a potent conversation-starter. Extend the colour scheme of the room into these focal points. Given the spectrum of colours you can choose from, wooden artefacts can create points of contrast against neutral backdrops, highlighting the look and feel of these spaces.
Experiment with interesting designs in wooden beams and ceiling covers. These can create visual punctuation between living spaces, particularly those that are functionally disjoint. An open kitchen for example, can be framed by a wooden counter with a few oversized wooden spoons on the wall for eye candy, and separated from the dining area by an overhead beam with elaborate carvings of fruits or vegetables. A traditional wooden swing hanging in the living room can separate the sitting area from the dining, and a glass cabinet with tiny wooden show pieces can create a visual partition without cramping up space. Consider experimenting with hand-painted designs on wooden bowls or flower vases to lend a dash of colour and spike up drab arrangements.
Be it a fetish for feng-shui wooden figurines, an indulgence in the opulent retro feel of teak wood on your walls, or the simple desire to go with the tried and tested, wood fuels expression well and you can never go wrong by dabbling in it.
Courtesy Times Property Dtd. July 16, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Saturday, July 17, 2010
Greenery and wood as part of the decor theme makes this house unique
When architect Raghunandan Gururaj started designing the home of industrialist S Yogamurthy on Tumkur Road, the challenge was to put in neat geometry within a skew. The plot was of an irregular shape, so the design had to be symmetric and neat. The needs of his client were simple - to make the home spacious and comfortable. "The idea was to keep the lines intact keeping the dynamics of the home in mind," says Raghunandan.
The homeowner wanted to have a lot of wood detailing inside his home. "All the doors and windows are made from teakwood. But I didn't want the staircase railing to be of wood, and hence got it fabricated in my industry," says Yogamurthy, who lives here along with his wife Mamatha and son Siddaiah.
What is unique about this home is the presence of an oasis of greenery in the living room. "I hail from an agricultural backg ro u n d a n d
wanted to have plants indoors, so this portion has no flooring and the plants grow directly from the soil and get direct sunlight from the skylight that has been designed right above," explains Yogamurthy.
According to his architect Raghunandan the idea was to break the monotony of the colour of wood and white hues that were used extensively for the indoors. "The yellow paneling that we have given in the background breaks the regularity of white and brown," says Raghunandan.
The Murthys get quite a few raised eyebrows and comments from visitors to their home when they spot the green oasis in the living room. "We wash the leaves regularly to give the plants the freshness and colour. This part of the home is definitely my favourite," he says.
Courtesy Times Property Dtd. July 16, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
The homeowner wanted to have a lot of wood detailing inside his home. "All the doors and windows are made from teakwood. But I didn't want the staircase railing to be of wood, and hence got it fabricated in my industry," says Yogamurthy, who lives here along with his wife Mamatha and son Siddaiah.
What is unique about this home is the presence of an oasis of greenery in the living room. "I hail from an agricultural backg ro u n d a n d
wanted to have plants indoors, so this portion has no flooring and the plants grow directly from the soil and get direct sunlight from the skylight that has been designed right above," explains Yogamurthy.
According to his architect Raghunandan the idea was to break the monotony of the colour of wood and white hues that were used extensively for the indoors. "The yellow paneling that we have given in the background breaks the regularity of white and brown," says Raghunandan.
The Murthys get quite a few raised eyebrows and comments from visitors to their home when they spot the green oasis in the living room. "We wash the leaves regularly to give the plants the freshness and colour. This part of the home is definitely my favourite," he says.
Courtesy Times Property Dtd. July 16, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Base rate: Boon for home loan borrowers
From July 1, the banking sector moved into this new interest rate regime. Prabhakar Sinha explains how it can benefit borrowers
Anew interest rate regime kicked off when the country moved to the Reserve Bank of India (RBI) mandated system of base rate, which is likely to be a more objective interest rate benchmark than the one currently followed - benchmark prime lending rate (BPLR) system. It is also believed that compared to the BPLR system, the base rate regime will bring in more transparency in fixing a rate in the banking system.
In the new regime, interest rates will be benchmarked to base rates with all the lending rates linked to the respective base rates of each bank. This is with effect from July 1. The interest rates on your loan have been fixed against the benchmark rate. Assuming that your present interest rate is nine percent and the bank has fixed the base rate at 7.5 percent, your interest rate will be termed as 1.5 percentage points higher than the base rate. Banks did not hike the mortgage rates, instead, they just pegged them as against their respective base rates. In fact, the new system is likely to help home loan borrowers in a big way.
In the earlier regime, the mechanism of fixing the BPLR was not very transparent. Banks used to fix them on the basis of their capacity and willingness to lower the lending rates to the existing customers. For the new customers, they used to bring down the offer rate by increasing the discount to the BPLR.
For example, if a bank has fixed the BPLR at 12 percent and had given loan to a borrower at three percentage points discount to the BPLR, it means it has given a loan at nine percent to the borrower. Unless the BPLR is changed, the borrower will continue to pay nine percent interest rate. Now, when the interest rate in the market goes up, banks increase the BPLR to pass on the rise in the cost of the funds to the existing borrowers.
Suppose the BPLR increases from 12 to 12.5 percent, the interest rates of the existing borrower will increase to 9.5 percent from nine percent. But when the interest rates in the market fall, banks should reduce the BPLR to pass on the benefit of lower interest rates to existing customers also. But it has been seen in the past that banks do not cut the BPLR. So, existing customers continue to pay the higher interest rates.
But, for new customers, they increase the discount to BPLR. So, to pass on the benefit to new customers, banks used to increase the discount. In this example, if the earlier discount was three percent, they used to increase it to 3.5 or four percent. So, the new effective rates used to become 8.5 percent with 3.5 percent discount and eight percent in the case of four percent discount to the BPLR. But, the system used to put existing borrowers at a disadvantage.
In the new system, however, banks will have to fix the base rate on the basis of the cost of funds, which is known to the regulators. The base rate is arrived at by taking into consideration a bank's cost of deposits, its profitability in the previous fiscal year, its administrative costs etc, with the cost of deposits having the highest weight. They will have to visit their base rate every quarter.
In fact, when the rates are rising, they cannot change it immediately but will have to wait for the new quarter to start. This system has already benefited existing customers. Most banks have announced the base rates on July 1 and 2. Just after their announcements, the RBI increased the policy rates to make the funds costly. But, now banks cannot change the base rate for the next three months. So, the existing customers will continue to pay the present rate.
Suppose your home loan is at nine percent and the base rate of your bank is 7.5 percent. This means the bank has fixed your rate 1.5 percent higher than the base rate. Now, as the banks can't change the base rate, you will continue to pay nine percent. But as the cost of fund has gone up, banks might decide to charge higher rates at 9.5 percent from new borrowers by raising the premium over the base rate from the existing level of 1.5 to two percent.
Courtesy Times Property Dtd. July 16, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Anew interest rate regime kicked off when the country moved to the Reserve Bank of India (RBI) mandated system of base rate, which is likely to be a more objective interest rate benchmark than the one currently followed - benchmark prime lending rate (BPLR) system. It is also believed that compared to the BPLR system, the base rate regime will bring in more transparency in fixing a rate in the banking system.
In the new regime, interest rates will be benchmarked to base rates with all the lending rates linked to the respective base rates of each bank. This is with effect from July 1. The interest rates on your loan have been fixed against the benchmark rate. Assuming that your present interest rate is nine percent and the bank has fixed the base rate at 7.5 percent, your interest rate will be termed as 1.5 percentage points higher than the base rate. Banks did not hike the mortgage rates, instead, they just pegged them as against their respective base rates. In fact, the new system is likely to help home loan borrowers in a big way.
In the earlier regime, the mechanism of fixing the BPLR was not very transparent. Banks used to fix them on the basis of their capacity and willingness to lower the lending rates to the existing customers. For the new customers, they used to bring down the offer rate by increasing the discount to the BPLR.
For example, if a bank has fixed the BPLR at 12 percent and had given loan to a borrower at three percentage points discount to the BPLR, it means it has given a loan at nine percent to the borrower. Unless the BPLR is changed, the borrower will continue to pay nine percent interest rate. Now, when the interest rate in the market goes up, banks increase the BPLR to pass on the rise in the cost of the funds to the existing borrowers.
Suppose the BPLR increases from 12 to 12.5 percent, the interest rates of the existing borrower will increase to 9.5 percent from nine percent. But when the interest rates in the market fall, banks should reduce the BPLR to pass on the benefit of lower interest rates to existing customers also. But it has been seen in the past that banks do not cut the BPLR. So, existing customers continue to pay the higher interest rates.
But, for new customers, they increase the discount to BPLR. So, to pass on the benefit to new customers, banks used to increase the discount. In this example, if the earlier discount was three percent, they used to increase it to 3.5 or four percent. So, the new effective rates used to become 8.5 percent with 3.5 percent discount and eight percent in the case of four percent discount to the BPLR. But, the system used to put existing borrowers at a disadvantage.
In the new system, however, banks will have to fix the base rate on the basis of the cost of funds, which is known to the regulators. The base rate is arrived at by taking into consideration a bank's cost of deposits, its profitability in the previous fiscal year, its administrative costs etc, with the cost of deposits having the highest weight. They will have to visit their base rate every quarter.
In fact, when the rates are rising, they cannot change it immediately but will have to wait for the new quarter to start. This system has already benefited existing customers. Most banks have announced the base rates on July 1 and 2. Just after their announcements, the RBI increased the policy rates to make the funds costly. But, now banks cannot change the base rate for the next three months. So, the existing customers will continue to pay the present rate.
Suppose your home loan is at nine percent and the base rate of your bank is 7.5 percent. This means the bank has fixed your rate 1.5 percent higher than the base rate. Now, as the banks can't change the base rate, you will continue to pay nine percent. But as the cost of fund has gone up, banks might decide to charge higher rates at 9.5 percent from new borrowers by raising the premium over the base rate from the existing level of 1.5 to two percent.
Courtesy Times Property Dtd. July 16, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Wednesday, July 14, 2010
A high-rise address
Multistoried buildings with about 1500 units or 3.41 million sq ft of supply are expected to come up in delhi by end – 2011, impacting their respective localities favorably.
Sangeeta Kumar’s extended family lives in a three-floor house in the Patel Nagar area, which of late seemed to be having trouble accommodating all the 14 members. That’s why, when Capital Greens was launched in the Shiva Ji Marg area last year, her husband, decided to invest in a 2BHK apartment there. He wanted a separate set-up, but needed to stay close to the family home.
That’s how it’s going to be for Delhi in the next five years. Instead of the bungalows we see now, several prime areas in Delhi such as Hauz Khas, Greater Kailash and Model Town will have a number of high-rise apartments standing tall next to ‘plotted’ homes. In recent times, apartments by private developers have also been launched in the Commonwealth Games Village located near Mayur Vihar, and at Khyber Pass, Shivaji Marg and Greater Kailash.
These high-rise condominiums built by private developers will not only offers discerning buyers the most prestigious addresses in town but will be a class apart from plotted or DDA developments existing in the neighborhood because of their gated character, superior architecture and modern amenities.
“Private Developments in Delhi will have a positive impact on their respective localities in terms of setting the benchmark for premium living, architecture etc. There developments will also have a positive impact on the land prices in these localities,” points out Vineet K Singh of 99acres.com, a realty portal.
According to a report by Knight Frank, approximately 1500 units equating to 3.41 million sq ft of supply are expected to come up in Delhi by the end of 2011. Two-thirds of this supply will come under the 3-BHK category, indicating that developers in the region are optimistic about the premium segment demand.
Projects galore
These new private developments include projects such as Victoria Gardens by the M2K group in the Model Town area, Le Tropicana by the Parsvnath Group in the Khyber Pass area and Queen’s Court and King’s Court premium apartments in Greater Kailash – II by DLF. Anant Raj Industries, famous for its commercial complexes and SEZs, has launched a premium project called DEL37 in Vasant Vihar Extension “that will have 26 plots of four floors each,” says Amar Sarin, executive director of the group.
In October, the group will launch 38 designer apartments in the Hauz Khas area on a two-and-a-half acre plot. These will be 5000 sq ft size apartments and cost in the range of Rs 15 crore. The group also plans for `By invitation only' bungalows on a three-acre plot in Central Delhi. They expect these to be priced over Rs 125 crore each.
As per the Master Plan 2021 norms, there is a provision for constructing townships in Delhi, details of which will be out by the next fortnight. The new guidelines will look at the emergence of new formats in Delhi such as townships spread over 50 to 52 acres, mix of plotted and group housing in plots of 25 odd acres, group housing of 10-17 acres etc. These will all have gated communities, similar to what one sees in Noida and Gurgaon. A lot of mixeduse development -hitherto a rarity in Delhi -is expected to come up in the next five years.
“The MPD 2021 visualises a paradigm shift in not just creation of supply, but also in improving the quality of life through better products and physical and social infrastructure,” says Ruchika Bhardwaj, an analyst with the portal Delhi-masterplan.com.
However, the supply created by these projects will not be excessive, nor will it have a significant impact on the demand-supply situation.
“What may seem valuable supply may not even make a dent in the latent demand that exists in Delhi. These constructions might hardly bring in about 10-15 per cent supply,” points out Anckur Srivastava, chairman, GenReal Property Advisers Private Limited.
The buyers Demand for these premium units is going to come from corporates as money is not a constraint for them. Significant absorption may happen from joint families splitting up to go nuclear. There is an existing local captive demand on account of expansion of families and urbanisation. So, these properties will always find takers.
“The proposed pricing and delivery timelines of these new products would be extremely critical in determining their offtake, since these are end user-driven sales, not investment products. Else, they would continue facing the challenge from emerging inventory of products from the redeveloped plots,” points out Bhardwaj.
Besides, these will be `value for money' residential apartments as one will end up paying for a good location and amenities that one may not have access to if one is living in plotted housing.
People would be willing to pay for these facilities as units offering them are currently limited in number.
According to Srivasttava, these are not “me too” products. Just as in Noida and Gurgaon, there is an attempt to create unique residential offerings, these apartments in Delhi offer a great location payoff and give the consumer “the best of both worlds.“ Also, compared to a plot in Delhi that has been redeveloped, these new housing products move “fast“ and are easy to liquidate. Though buyers are spending more than Rs 4 crore to purchase redeveloped units, they are still facing problems relating to parking and security. The new developments are designed as organised units offering a neighbourhood environment and a lifestyle, points out Anoj Tewatia of Design Forum International architects.
Also, it may be difficult to get a completion certificate for a traditional floor but for a new development of this nature by a builder of repute, property is cent per cent legal.
The price benefit There is also the additional benefit of price. These properties will certainly see a premium compared to plots that have been redeveloped as floors, the buyers of which have to apply for separate club membership, provide for their own security and power.
They also don't have access to common areas.
Such housing products will go a long way in changing the character of a particular area where they come up. Once offered in public domain, these offerings will find ready takers because these are done up aesthetically and provide for modern amenities. However, once more supply is available in Delhi following implementation of the new Master Plan guidelines, the novelty factor may wear off.
Going forward, Delhi as an investment destination is a very exciting city. But a word of caution though ¬ appreciation will only be 5-10 per cent for better quality products in new areas released under the Master Plan.
“While some private developments in Delhi, which are central and where land supply is scarce will continue to see appreciation over the mid-term, private developments in the existing urban areas of Delhi will face serious competition from areas which have been brought under the urban fold as per the Master Plan. Thus, for people creating products close to the fringes of the capital, pricing will be a big challenge,” adds Srivastava.
Courtesy by: htestates Dtd: July 10, 2010
For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida, investment option in noida, real estate consultant in noida, realty firm houses in noida, residence in noida, residence in delhi, residence in gurgaon, flats for rent in gurgaon Log in to http://www.zameen-zaidad.com/ And http://www.propertycafeteria.com
Sangeeta Kumar’s extended family lives in a three-floor house in the Patel Nagar area, which of late seemed to be having trouble accommodating all the 14 members. That’s why, when Capital Greens was launched in the Shiva Ji Marg area last year, her husband, decided to invest in a 2BHK apartment there. He wanted a separate set-up, but needed to stay close to the family home.
That’s how it’s going to be for Delhi in the next five years. Instead of the bungalows we see now, several prime areas in Delhi such as Hauz Khas, Greater Kailash and Model Town will have a number of high-rise apartments standing tall next to ‘plotted’ homes. In recent times, apartments by private developers have also been launched in the Commonwealth Games Village located near Mayur Vihar, and at Khyber Pass, Shivaji Marg and Greater Kailash.
These high-rise condominiums built by private developers will not only offers discerning buyers the most prestigious addresses in town but will be a class apart from plotted or DDA developments existing in the neighborhood because of their gated character, superior architecture and modern amenities.
“Private Developments in Delhi will have a positive impact on their respective localities in terms of setting the benchmark for premium living, architecture etc. There developments will also have a positive impact on the land prices in these localities,” points out Vineet K Singh of 99acres.com, a realty portal.
According to a report by Knight Frank, approximately 1500 units equating to 3.41 million sq ft of supply are expected to come up in Delhi by the end of 2011. Two-thirds of this supply will come under the 3-BHK category, indicating that developers in the region are optimistic about the premium segment demand.
Projects galore
These new private developments include projects such as Victoria Gardens by the M2K group in the Model Town area, Le Tropicana by the Parsvnath Group in the Khyber Pass area and Queen’s Court and King’s Court premium apartments in Greater Kailash – II by DLF. Anant Raj Industries, famous for its commercial complexes and SEZs, has launched a premium project called DEL37 in Vasant Vihar Extension “that will have 26 plots of four floors each,” says Amar Sarin, executive director of the group.
In October, the group will launch 38 designer apartments in the Hauz Khas area on a two-and-a-half acre plot. These will be 5000 sq ft size apartments and cost in the range of Rs 15 crore. The group also plans for `By invitation only' bungalows on a three-acre plot in Central Delhi. They expect these to be priced over Rs 125 crore each.
As per the Master Plan 2021 norms, there is a provision for constructing townships in Delhi, details of which will be out by the next fortnight. The new guidelines will look at the emergence of new formats in Delhi such as townships spread over 50 to 52 acres, mix of plotted and group housing in plots of 25 odd acres, group housing of 10-17 acres etc. These will all have gated communities, similar to what one sees in Noida and Gurgaon. A lot of mixeduse development -hitherto a rarity in Delhi -is expected to come up in the next five years.
“The MPD 2021 visualises a paradigm shift in not just creation of supply, but also in improving the quality of life through better products and physical and social infrastructure,” says Ruchika Bhardwaj, an analyst with the portal Delhi-masterplan.com.
However, the supply created by these projects will not be excessive, nor will it have a significant impact on the demand-supply situation.
“What may seem valuable supply may not even make a dent in the latent demand that exists in Delhi. These constructions might hardly bring in about 10-15 per cent supply,” points out Anckur Srivastava, chairman, GenReal Property Advisers Private Limited.
The buyers Demand for these premium units is going to come from corporates as money is not a constraint for them. Significant absorption may happen from joint families splitting up to go nuclear. There is an existing local captive demand on account of expansion of families and urbanisation. So, these properties will always find takers.
“The proposed pricing and delivery timelines of these new products would be extremely critical in determining their offtake, since these are end user-driven sales, not investment products. Else, they would continue facing the challenge from emerging inventory of products from the redeveloped plots,” points out Bhardwaj.
Besides, these will be `value for money' residential apartments as one will end up paying for a good location and amenities that one may not have access to if one is living in plotted housing.
People would be willing to pay for these facilities as units offering them are currently limited in number.
According to Srivasttava, these are not “me too” products. Just as in Noida and Gurgaon, there is an attempt to create unique residential offerings, these apartments in Delhi offer a great location payoff and give the consumer “the best of both worlds.“ Also, compared to a plot in Delhi that has been redeveloped, these new housing products move “fast“ and are easy to liquidate. Though buyers are spending more than Rs 4 crore to purchase redeveloped units, they are still facing problems relating to parking and security. The new developments are designed as organised units offering a neighbourhood environment and a lifestyle, points out Anoj Tewatia of Design Forum International architects.
Also, it may be difficult to get a completion certificate for a traditional floor but for a new development of this nature by a builder of repute, property is cent per cent legal.
The price benefit There is also the additional benefit of price. These properties will certainly see a premium compared to plots that have been redeveloped as floors, the buyers of which have to apply for separate club membership, provide for their own security and power.
They also don't have access to common areas.
Such housing products will go a long way in changing the character of a particular area where they come up. Once offered in public domain, these offerings will find ready takers because these are done up aesthetically and provide for modern amenities. However, once more supply is available in Delhi following implementation of the new Master Plan guidelines, the novelty factor may wear off.
Going forward, Delhi as an investment destination is a very exciting city. But a word of caution though ¬ appreciation will only be 5-10 per cent for better quality products in new areas released under the Master Plan.
“While some private developments in Delhi, which are central and where land supply is scarce will continue to see appreciation over the mid-term, private developments in the existing urban areas of Delhi will face serious competition from areas which have been brought under the urban fold as per the Master Plan. Thus, for people creating products close to the fringes of the capital, pricing will be a big challenge,” adds Srivastava.
Courtesy by: htestates Dtd: July 10, 2010
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