Luxurious real estate in India

Posted by vcode | Kerala,Realestate news,indian real estate blog | Tuesday 15 December 2009 8:55 am


The builders are buying land all over India. Big builders like DLF, Reliance, Parsvanath, Omaxe, and many more builders are buying land. They are doing so because they know that there is rise in property market is a seeing a steady growth. There are SEZ being developed to build industrial areas and big builders like Reliance are taking advantage of this fact. There is scope in cities like is Bangalore, Pune, Delhi, Chandigarh and Gurgaon.
The demand for land is more than the supply so it is sellers market. There is more demand for housing flats and apartments as well. There has been relaxation in the foreign investment for commercial development of projects. Property developers are buying the land in outskirts of cities for development for commercial use. There are many foreign companies who are opening business in India on their own or win partnership with Indian firms. Many times these companies also take Indian companies as subsidiary to their company.

There is demand of about 20 million units of housing. As the banks are providing finance at easy rates and rising income of young people has led to more demand in this sector. Banks are offering easy loans options as the interest rate are quite high. As compared to other countries the bank are offering loans at higher rate of interest.
The property market in small cities like Pune has also increased as there is growing IT sector there. Many luxury flats are available there. The flats are coming with swimming pools and other luxuries. The flats are being price at about Rs. One crore for small flats.
Aamby Valley in Lonavala is another hot destination for luxurious properties. It has properties in the range of three to four crores. It has its own airport. It is being projected as a retirement city in India.
The new housing scheme coming up in India is like a dream come true for every Indian. To get world class facilities and ambiance is no more a dream.

Tags:

Real Estate Trend in Delhi

Posted by vcode | Kerala,Realestate news,indian real estate blog | Friday 4 December 2009 8:53 am


Delhi the capital of country holds a very special place in real estate market in India. There are lots of opportunities in real estate here. Though it is reached its prime, still there is scope for investment in real estate in Delhi. The value of the real estate in India is equal to any major city in the world.

The real estate in Delhi includes residential flats, apartments, houses and bungalows. There is also scope for retail market shops, builder’s floors and malls. Many people are selling of their old houses and giving them to the builder. The builder then uses the land to build flats and gives a few flats to the land owner. It has become very common to enter into this type of deal. The land owners get new style flats which are easy to maintain. The old façade of Delhi has changed drastically and is still changing.

Another development is the commercial estate development. There is huge demand for commercial space lie retail outlets, malls, and other office complexes. The cost of the space is very high and is fixed according on the basis of per square feet.

Generally the capital and rental values of apartments are based on the kind of construction and the plots for various localities. There has been a fast and speedy growth in the real estate in Delhi. Delhi is a major attraction for both builders and investors and the satellite cities of Gurgaon, NOIDA are also seeing huge development.

There is lots of construction going on in Delhi residential as well as commercial. The Delhi residential scene has seen an increase in luxury flats, apartments and homes, though the prices are quite high. Generally NRIs foreign investors and multinational companies are the prime investors in real estate in Delhi. The real estate sector for commercial and residential properties in Delhi continues to grow and it has led to economic development of Northern Capital Region.

Tags:
« Previous PageNext Page »
Get Adobe Flash playerPlugin by wpburn.com wordpress themes