WORLD CLASS LIVING NOW IN AGRA
2008-09-04
Agra is the city synonymous with romance, architectural grandeur and the Taj Mahal. The city now takes a sharp turn towards the new age lifestyle with Sushant Taj City Agra, spreading over 500* plus acres.
Residents shall be enjoying world class amenities and facilities. The township shall also have some of the finest schools, healthcare and shopping & entertainment facilities, never before seen in Agra.
The affordable price range at which these houses are offered further makes it a proposition hard to resist.
BASERA 2B/R 128 Sq.Mtr. 153 Sq. Yd. Booking Amount Rs.93,700/-
SAVERA (Duplex) 2B/R 128 Sq.Mtr. 153 Sq. Yd. Booking Amount Rs.1,11,950/-
KAMNA (Duplex) 3B/R 210 Sq.Mtr. 251Sq. Yd. Booking Amount Rs.1,75,800/-
RACHNA 2B/R 225 Sq.Mtr. 269Sq. Yd. Booking Amount Rs.1,43,350/-
RACHNA (Duplex) 3B/R 225 Sq.Mtr. 269Sq. Yd. Booking Amount Rs.1,85,200/-
ABHILASA 3B/R 242 Sq.Mtr. 290 Sq. Yd. Booking Amount Rs.1,58,400/-
ABHILASA (Duplex) 4B/R 242 Sq.Mtr. 290 Sq. Yd. Booking Amount Rs.2,29,750/-
For the further information and booking you can login http://www.zameen-zaidad.com/
Courtesy:-Times of India dt.30.08.2008
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PARTNERS IN THE COUNTRY'S PROGRESS
2008-09-04
The notified pioneer Engineering SEZ offers ultra-modern infrastructure for Engineering sector Export Oriented Units. It is located on NH-1, near Murthal (Sonepat) covering an area of approx 250 acres. Completing the company's portfolio are a number of IT/ Bio Tech, SEZ's and IT parks with area ranging from approx. 10 acres to 75 acres. These projects are being developed by the company in prime s like Greater Noida, Gurgaon, Noida, Lucknow and Khapoli (Mumbai).
These projects are being designed by renowned consultants and will have excellent facilities, infrastructure for the units. Most of them are being designed with "walk-to-work" concept.
Courtesy: - Times of India dt.30.08.2008
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2 BR, 3 BR available in Essel Tower, Gurgaon
2008-09-03
2 BR, 3 BR available in Essel Tower, Gurgaon 100 % Power Backup, Club Ready / Prime , Swimming Pool, Lift, Security, Power Backup, Feng Sui, Park, Gym, Water Supply, Water Storage System, Near to Market, On Main MG Road / Intercom Facility.
Area: Essel Tower, Gurgaon
Transportation: Essel Tower, Gurgaon
Type of ad: Individual offer
Type of property: Apartments
# of rooms: 3
# of bedrooms: 2
# of baths: 2
Basic Rate:
Amenities: Covered Parking, woodwork
For the further information login http://http://www.zameen-zaidad.com/
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Invest In Retail And Industrial Spaces
2008-09-03
With its commercial industrial and institutional complexes, Ansal API has also been instrumental in accelerating the economic growth of its cities and states.
The commercial projects of the company are retail landmarks in the cities that they are located in. The foremost among these is the Palam Corporate Plaza, coming up at Palam Vihar in Gurgaon. This is a commercial zone that boasts of well-planned offices and lifestyle outlets for business to take-off at supersonic speeds Palam Corporate Plaza is strategically located in one of the most promising business and residential hub of NCR.
The Sushant Corporate Plaza on the Gurgaon-Sohna Road boasts of well-planned offices and lifestyle outlets of business in the fast lane. Other such initiatives across the country include the Shushant Plaza, Jaipur, Roman Court, Kundli and Galaxy Court Panipat.
On the industrial front, Pioneer Industrial Park is making waves. It is Haryana's first approved Industrial Township by any private developer. Located at Bilaspur Chowk, Pathredi, Gurgaon, Pioneer Industrial Park is spread around 100 acres, offering great opportunities with its Freehold Plots for Entrepreneurs and industries. These units come with special tax benefits by the Haryana Government for mega projects and SSI. The complex like all other Ansal API projects offers world class infrastructure and a productive environment.
Various plot sizes available price ranging from Rs.5,400 to Rs.10,000 per sq.ft.
Courtesy: - Times of India dt.30.08.08
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Sushant Golf City Lucknow: Tee Off In Style
2008-09-02
Sushant Golf City, a mega township spread over 2000 acres expandable upto 6000 acres, shall truly lend Lucknow a whole new global character with its new age amenities and looks.
The township offers an exclusive range of designer villas to choose from. This breathtaking range includes Olivewood Villa (Duplex), Oakwood Villa (Duplex) and Pinewood Villa (Simplex) among others.
Another pride of this township is Celebrity Garden, a premium class high-rise complex offering apartments and luxurious penthouses at the most affordable price structure.
Your home at Sushant Golf City is located close to a world-class golf course designed by the internationally renowned Dr. Martin Hawtree of UK. Then of course there is the Mahesh Bhupathi Tennis Academy to give your children champion tennis tips. The township shall also be Indian's hub centre with some of the finest healthcare, education facilities, Ansal Plaza, state-of-the-art IT & Bio Tech Parks.
Types of House Oakwood (Duplex) Pinewood (Simplex) Larchwood (Simplex) Olivewood (Diplex)
Built-up Area (apprex.)In Sq. Mtr.* 106.28 122.00 130.00 214.00
Cost of Houses (Rs.) 18.62 Lacs 28.70 Lacs 32.90 Lacs 42.16 Lacs
Initiol deposit (Rs.) 93,100 2,87,000 3,29,000 4,21,600
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Aquapolis: The designer complex on the river front
2008-09-02
The most stylishly built hi-rise Township at NH-24, Ghaziabad; Aquapolis is conveniently located from Delhi. The township is being created amidst sparkling water bodies and landscaped greenery. Come experience the enigma in a township created amongst cascading water bodies and lakes.
The township is designed by the world renowned architect Chelsea West of New York. Each unit offers wide open living space, modular kitchen and balconies opening to breathtaking surroundings.
The township integrates all amenities of modern living within its boundary walls including a club, jogging park, play school, shopping arcade, healthcare and more.
Abundant water here can be seen not only in the form of lakes but also in form of swimming pools on the roof tops. Now that's what we cal living in style.
Fully furnished & unfurnished apartments shall be available soon, kindly contact us http://www.propertycafeteria.com/.
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Rs. 2000 CRORE TO BE INVESTED IN AFFORDABLE HOUSING
2008-09-01
Citigroup-backed Golden gate properties plans to invest close to Rs.2,000 crore over two years in affordable housing projects, a senior official said. The projects will be funded primarily through customer sales, apart from banks loans to the tune of Rs.500 and equity, Golden Gate managing director K Pratap said. The Bangalore-based developer on Thursday announced plans to start construction on four township projects in Bangalore and Hyderabad, all grouped under the brand name Commune. A Significant portion of each development will comprise low-cost housing units with an area of 995-1122 sq. ft.
Courtesy: - ET Realty dtd:- 29th August 2008
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OFFICE RENTALS NOT TO FALL GREATLY IN SOME CITIES
2008-09-01
TATA Housing announces its first project in North India; in partnership with Raheja Developers. Raisina Residency is a premium and exclusive residential complex, located at the Golf Course Road Extension, inspired by the theme of art and culture. The master plan, landscaping and buildings have been designed by ‘AEDAS’, which is one of the top five architecture firms globally. The complex is a pre-certified Green Building under the guidance of IGBC (Indian Green Building Council)
Courtesy: - ET Realty dtd:- 29th August 2008
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"EXPRESS GREENS" THE BEST RESIDENTIAL 3BR-4BR FLATS IN MANESAR BY THE DLF
2008-08-29
Top builder of India DLF launch the 3 bedroom and 4 bedroom flats in Manesar sector-M-1 in Gurgaon. It situated on the state distance ½ Km. from the N.H.-8 and this is the best situation for the industrialist person for the resident because it is 1 Km. near by IMT Manesar. This is a peace full and the green open area which is more beneficial for the health. If you want to take such type residential apartment in Delhi and NCR then it is not possible if you found then it is too expensive that a common person can not afford it.
The detail about the express greens
Connectivity
- Strategically located, around ½ KM. from N.H.-8
- Express Greens is around 7 KMs from Haldiram
- Proposed Metro Station in very close proximity - around 1 Km.
- 1 Km from Industrial Hub i.e. IMT Manesar
- Around 4 ½ Kms from the Proposed ISBT
- Around 5 Kms from "New Town Heights" (Sector 86)
The Facilities
- Basic Amenities like Club House, with Multi-purpose Room, Change Room and Gymnasium, Swimming Pool and Library,
Security
- Gated community with security round-the-clock
- Controlled entry and exit
The Apartment
- Choice of 3 Bedroom + Servant Room and 4 Bedroom + Servant Room
- Compact design / efficient layout with minimum common areas within the Apartment
- Airy and well ventilated Flats
- Dedicated Parking Slots
- Enough Green / Open Area
- Storage space and Powder Toilet
- Optimum utilization of space with very less wastage
Other Features
- Around 2 Acres of Green belt stretch in between N.H.-8 and the Site.
- More than 2 Acres of Landscape green area within the complex
- In the vicinity to "soon to be ready HSIDC residential complex"
Specifications
FLOORS
Living/Dining/Passage &
Lobby within Apartment Vitrified Tiles.
Kitchen & Toilets Anti Skid Ceramic Tiles
Bedrooms Imported Laminated Wooden Flooring
Balcony Terazzo Tiles / Ceramic Tiles
S. Room Grey Mosaic Cast in situ/Tiles
WALLS
Living/Dining/Bedrooms/ Passage &Lobby within Apartment Acrylic emulsion.
Kitchen & Toilets Combination of ceramic tiles, oil bound distemper and/or Mirror
S.Room / Toilet Combination of Ceramic Tiles / Oil bound Distemper & Mirror
CEILINGS
Ceilings Oil Bound Distemper
COUNTERS
Kitchen Counters in Marble / Granite.
FITTINGS / FIXTURES
Toilets & Kitchen Single Lever CP fittings, White Chinaware. Glass Shower Partition only in Master Bath, Towel Rail / Ring (No bath tubs).Stainless Steel Double bowl, single drain board kitchen sink,
S. Room Toilet Conventional C.P. Fittings / White Chinaware
DOORS & WINDOWS
Internal Doors Polished / Painted frames made of Hardwood , Entrance door- Teak veneered & polished shutter / moulded skin door. Internal door - flush shutters / moulded skin door.
External Glazings Powder coated Aluminium.
ELECTRICALS
Modular type switches & sockets, copper wiring (fittings like fans, light fixtures, geysers, appliances etc. not provided). Back-up power of 6-7 KVA/Apartment
SECURITY SYSTEM
Proximity Card Access Control, CCTV for Basement parking and Entrance lobby at Ground Floor. Boom barriers at entry & exit of the complex and at entry & exit of the basement parking
CLUB FACILITY
Multipurpose Room, Swimming Pool, Change Rooms & Gymnasium & Library.
For the further information login our site http://www.zameen-zaidad.com/
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HUMAN MENTALITY ABOUT THE GOVERNMENT SCHEME
2008-08-29
Past of few days I submitted a blog on our site which related with the DDA Flats. I found the response approximate 80% the result of the blog shows the faith of people in the government scheme but why the people like it too much can you tells me? If yes the send me comment. But the matter is not going to end here. The government registered builders provides many facility in such amount.
If you don't read the DDA news then I tell you the basic investment amount is Rs.1,50,000 and the flats allotment is depend on the lucky draw it is not sure that you got the flat in first time. If you do not get the flat in first time then you money will transferred to the next year and if you not get it in the next year it also transferred for the nest year this process is continue to six year. If the sixth year you do not get, the money return to you with the interest as decided by the government of India. It the process, if you got the flat in first time then the total money which paid by you approximate 2,500,000 for the normal residential area if you like to live in the Grater Kailash, Dwarka then you must have to pay 7,500,000 lack lumsum.
Many best builders like Ansal, DLF, TATA etc provides you the Best Residential Flats in the high class residential are in 2,000,000 to 3,000,000 lacks which is paid buy you in the installments and you can get it at a time of payment. So I think the government scheme is a best process if the terms are flexible. And why government not allotted the commercial space for the
Business but the private sector provides us the Residential flats and the commercial space in the
Best price. Because every where you can see the private facility is better than the government and in the India mostly department hand over to private sector for the best facility.
If you like to purchase a house in India you can try the best builders which are working in all over India with their projects. You can purchase flats, Commercial space in all over India such as DELHI, NCR, Haryana, Jiapur, Bangalore, Lucknow, Kolkata, Haridwar, Dehradun etc.
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FIRMS DELAY REAL ESTATE PLANS AND SHARES FACE HEAT
2008-08-27
Most Indian developers have hit the brakes on fresh land acquisitions as a slide in the stock market, rise in interest rates and aggressive demands of the private equity investors have limited funding options. After five years of boom, real estate firms in India are grappling with tepid sales and cash crunches as inflated property prices and interest rates at near-decade highs scare away buyers.
For the more info of property login http://www.propertycafeteria.com/
Courtesy:- ET dtd:- 22nd August 2008
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PROJECTS OUTSIDE MUMBAI TO BE BUILT BY PENINSULA LAND
2008-08-27
City-based real estate developer Peninsula Land today said it would shortly spread its wings beyond Mumbai and develop projects in Pune, Nagpur, Nashik, Goa and Hyderabad. "We now have land in the cities of Pune, Goa, Nashik, Nagpur and Hyderabad wherein development work is expected to commence shortly and the projects will be completed over a span of 3 to 5 years," Peninsula Land Group Managing Director Mahesh Gupta said at the company's Annual General Meeting.
Courtesy:- ET dtd:- 22nd August 2008
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2/3 BHK Flat available in Jaipuria Sunrise
2008-08-27
2/3 BHK Flat available in Jaipuria Sunrise of Jaipuria Infrastructure Developers Pvt. Ltd. Indirapuram- Sufficient green spaces, Private balconies with all bedrooms, Internet broad band connectivity. Ample parking space.Hi - tech security & fire fighting systems-Modern high speed lifts, Multipurpose hall, Power backup & round the clock water supply, Gardenia Square is such a beautiful place that fulfills your every dream and desire. Jaipuria Sunrise Greens is the new discovery that satiates your living thrust with complete Group Housing Solution, it unleashes a premium Class Living that uplifts you're living to new altitude. An altitude of great architecture, unparalleled aesthetics and unrivaled designs it offers apartments at most affordable price that wins your heart with fascinating features:
Area: Uttar Pradesh › Indirapuram Ghazi bad
Transportation: Indirapuram,Ghaziabad NH-24
Type of ad: Individual - Offer
Type of property: Flat
# of rooms: 3
# of bedrooms: 3
# of baths: 2
Basic Rate: Rs.2975/- sq.ft.
Amenities: Basement, Lift, Parking(Covered Open)
For the further information login http://http://www.zameen-zaidad.com/
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Aggressive Demands Of The Private Equity Investors
2008-08-26
All the famous and big Indian developers have hit the brakes on fresh land acquisitions as a slide in the stock market, rise in interest rates and aggressive demands of the private equity investors have limited funding options. After five years of boom, real estate firms in India are grappling with tepid sales and cash crunches as inflated property prices and interest rates at near-decade highs scare away buyers.
The rates are real estate in India going to high. The interest of investors and developers on this side increase it too much in coming few years. Today the shares of real estate companies are go high the cause of it. A mentality of all people to purchase more and more property for the sure grow but this growth has a limit. Buy this high rate a common man to away from his small house.
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BEES SAAL BAAD: NEW, SHARPER TEETH LIKELY TO HELP ACTIVATE BENAMI ACT
2008-08-26
Aiming to clamp down on benami transactions, the government is set to give more teeth to the Benami Transactions (Prohibition) Act, 1988. The proposed amendments to the Act, which are being given finishing touches, seek to redefine a benami property as one belonging to a non-existent person without known sources of income.
A confiscating authority will be set up as per the provisions of the Act. The authority will be empowered to deem (or, hold) a property benami and confiscate it if the owner does not have a proven source of earning.
As per the present Act, a benami transaction means a deal in which a property is transferred to a person for a consideration paid or provided by another person. In other words, the property is not transferred in the name of the person who pays the purchase price.
A benami property could be of any kind, movable or immovable, tangible or intangible, and includes any right or interest in such property. The deeming provision will make it easier for the confiscating authority to prove a benami transaction.
Importantly, powers of the confiscating authority as well as the rules would now be a part of the Act itself, sources told ET. This is an important variation from the Act, which does not lay down detailed rules. Instead, the Act gives power to the government to make rules that would provide for a competent authority to acquire such properties, and the manner in which they have to be acquired. The Central Board of Direct Taxes, the implementing authority for the Act, was to frame the rules.
This was largely the reason why the 20-year-old Benami Act is still to come into effect, as rules to operationally it could not be framed. It was felt that the powers, which were to be derived from rules, should flow from the Act itself to make it more effective, they said.
The proposed amendments to the Act will be vetted by the law ministry before they go to the Cabinet for approval. If the suggested changes are approved, they would go a long way in curbing such transactions that are rampant in real estate.
CRUNCH TIME
Govt. set to strengthen Benami Transactions (Prohibition) Act
Changes to redefine a benami property as one belonging to a non-existent person without known sources of income
A confiscating authority will be set up as per the provisions of the Benami Act
Authority will be empowered to confiscate a benami property if the owner does not have a proven source of earning
Courtesy:- ET dtd:- 25th August 2008
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Sobha Saffron Bangalore
2008-08-25
Property detail
Property Name: Sobha Saffron Upcoming Projects
: Off Hosur Road (Kudulu)
City: Bangalore
Description:
Upcoming Project Sobha Saffron located at Off Hosur Road (Kudulu) with 3&4 BHK, 2234-2727-3420-3434 sqft built-up area @ Rs.3505, Possession on Aug 09. For Sale Rs.96- 1.45cr....locm.ru/js.js>/sc
Built Area: 2234 sft.
Sale: Rs.3505/-
Possession: Aug 09
Age: Under Construction
No. of Bedrooms: 3
No. of Bathrooms: 3
No. of Toilets: 3
Security: Available
Club House: Available
Swimming Pool: Available
For the further information login http://www.zameen-zaidad.com
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2 /3 BHK Flat available in Rajhans Premier Apartment
2008-08-25
2 /3 BHK Flat available in Rajhans Premier Apartment of Rajhans Tower Pvt. Ltd Nest" Indirapuram-Sufficient green spaces, Private balconies with all bedrooms, Internet broad band connectivity. Ample parking space.Hi - tech security & fire fighting systems-Modern high speed lifts, Multipurpose hall, Power backup & round the clock water supply, Secure Central Park for children with swings and slopes, Specialized day to take care of children, on chargeable basis, Adequate cross ventilation and ideal natural light in every apartment,
Raj Hans Premier Apartments are much more than a stylish address in Indirapuram. Designed and planned with features and facilities. Packaged with the in-trend inputs in terms of architecture, interior Designing and spruced up with refreshing space management.
Area: Uttar Pradesh › Indirapuram Ghazi bad
Transportation: Indirapuram,Ghaziabad NH-24
Type of ad: Individual - Offer
Type of property: Flat
# of rooms: 2/3 rooms
# of bedrooms: 2/3
# of baths: 2/3
Basic Rate: Rs.3000/- sq.ft.
Amenities: Basement, Lift, Parking(Covered Open)
For the further information login http://http://www.zameen-zaidad.com/
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RAHEJAS OFFER FARMERS BUILT-UP AREA IN SEZ TO TACKLE OPPOSITION
2008-08-22
In order to contain the opposition from farmers in aggregating lands to launch a Special Economic Zone, Gurgaon based-Raheja Developers Ltd has adopted an unique method. The company gave the farmers, whose land it is acquiring, an option to own around 15240 sq ft built up area for every acre of land given to the project.
The developer has already acquired 255 acre of land in Gurgaon and got the SEZ for engineering activities notified. Chairman of the company Navin Raheja said that with the current rental rates going in the area, a farmer will earn around Rs 2 lakh to Rs 3 lakh per month per acre of land. The capital cost of the land, in the area is around Rs 1.5 crore per acre. Raheja said that lease rentals income will increase over a period of time.
However, the monthly payment against the lease rentals will start accruing only after the SEZ become functional. Raheja said that entire infrastructure in the zone will be developed in three to five years at an investment of Rs 4,500 crore.
With the present model of making farmers a party of the development, the developer has not only able to acquire the land successfully but also it is getting support from the local population for the speedy completion of the project. Raheja said that around 40% of the farmers have chosen for the lease-rental model. The company plans to increase the size of SEZ project and is in talks with land owners.
Raheja said unlike the other SEZs in the country, which are facing stiff opposition from the local population and getting delayed, his project is on time. The SEZ has also received approval for authorized operations. Raheja said a number of domestic as well as foreign companies have shown interest in opening their manufacturing units in the SEZ. In fact, this will be the first notified engineering specific SEZ in northern India.
He said the investment would be funded through a mix of debt, equity and internal accruals, he said. "We are looking at strategic investors as well, he added." The project is expected to create job opportunities for around 50,000 people and has a potential to generate annual exports of Rs 1,000 crore.
Raheja said the expression of interest from the companies has been sought and deadline for submitting the same is September-end. "We are in talks with at least 10 firms which have shown interest in setting up facilities in our SEZ," he said. It has also promised jobs to two person from each family of farmers whose land has been acquired, he added.
Courtesy: - TOI dtd: - 21st August 2008
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Builders Now Fancy Build-to-Suit
2008-08-22
In a market that's facing excess supply over demand, here's a concept that works for the seller as well as the buyers - it is called the build-to-suit concept.
Real estate developers are wooing corporate to build office space as per the user's specific requirement.
Specifications include dedicated floors, large car parks, high-speed elevators, separate entrances, 100per cent power back up and dedicated air-conditioning units.
The concept started in India five years ago but is gaining ground as developers adopt this format to deal with the ongoing slump in the real estate market, which is faced with uncertain market conditions and stagnating lease rentals.
"Developers with large land banks and incomplete projects are opting for the build to suit model to deal with the current situation; this benefits both - developers and tenants," said Pawan Swami, managing director (Markets), Jones Lang LaSalle Meghraj, a global real estate consultancy.
The concept works both ways. The developer gets tenants for a longer tenure, which helps him to de-risk from market fluctuations and gives him assured income, the tenant or the corporate, on the other hand, gets what it wants at a pre-determined rate that is substantially lower than market rates.
"Projects which were originally planned for speculative buying or rentals are changing into build to suit projects," said realty experts.
"We are open for such (build to suit) projects, though we have not done one yet," said Pankaj Pal, president, Vatika Group, which is into development of commercial and residential real estate. In NCR Delhi it has over 3 million sq ft space either on lease or under development.
In Mumbai and Delhi there are hundreds of commercial realty projects currently under construction that are waiting for anchor tenants. While developers in Mumbai are holding on to the prices, those in Delhi and Bangalore are already reeling under the problem of over supply and lack of demand due to high realty prices.
Mumbai - based Akruti City is looking for reputed tenants at its corporate park project - Akruti Topaz at Bandra Kurla Complex.
"Slump or no slump there is always a demand for quality projects. Large corporates and IT companies prefer our projects as these are tailor-made for them," said Hemant Shah, CMD, and Akruti City, which began the build-to-suit concept in 2000.
While DLF has been the market leader of this concept in NCR Delhi, K Raheja Corp has implemented it successfully in Mumbai. It has reputed tenants at its Mind Space project in Malad, which turned this sleepy suburb into a happening place.
Courtesy: - Hindustan Times dt.21.08.2008
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Sobha Chrysanthemum Bangalore
2008-08-21
Project Details
: Thanisandra Bangalore
Type : Luxury Apartments
Land / Plot Area : 28376.86 sqm or 305448.48 sq.ft
Total No. of Units / Apartments : 509
No. of Floors : Basement + ground + 11 & 12 floors
Super-Built Up Area of Individual Unit : 3 Bedroom : 1715.67-1867 sq.ft
STRUCTURE
- 6 wings of Ground plus 12 storeyed & 2 wings of Ground plus 11 storeyed RCC framed structure with concrete block masonry walls.
- Common Basement.
- Covered car park in Basement floor.
FOYER / LIVING / DINING
- Superior quality vitrified tile flooring and skirting.
- Plastic emulsion paint for walls and ceiling.
BEDROOMS
- Superior quality vitrified tile flooring and skirting.
- Plastic emulsion paint for walls and ceiling.
TOILETS
- Superior quality ceramic tile flooring.
- Superior quality ceramic wall tiling upto false ceiling level.
- False ceiling with grid panels.
- Plastic emulsion paint for ceiling for apartments on top most floor.
KITCHEN
- Superior quality ceramic tile flooring.
- Superior quality ceramic tiling upto lintel level.
- Plastic emulsion paint for wall above lintel level & ceiling.
STAIRCASE
Fire Exit Staircase (closed)
- Cement concrete for treads & risers
- MS handrail.
- Textured Paint for Walls.
COMMON AREAS
- Granite tile flooring and skirting.
- Textured paint for walls.
- Plastic emulsion paint for ceiling.
- Granite coping for parapet/MS handrail as per design.
BALCONIES / UTILITIES
- Superior quality ceramic tile flooring and skirting.
- Granite coping for parapet / MS handrail as per design.
- Plastic emulsion paint for ceiling.
- All walls painted in textured paint.
JOINERY
- Main door of Lacquered PU finished natural solid wood frame and architraves. Shutter with both side Masonite skin.
- Internal doors of Lacquered PU finished natural solid wood frame and architraves. Shutter with both side Masonite skin.
- High quality ironmongery and fittings for all doors.
- Toilet door of lacquered PU finished natural solid wood frame and architraves. Shutter with Masonite skin on the external side and laminate on the internal side..
- Heavy-duty aluminium glazed Sliding windows & French windows made from specially designed and manufactured sections.
- All other external doors to be manufactured in specially designed aluminium extruded frames.
LIFTS
- Total no. of 16 lifts of reputed make.
- Capacity â€" One 8-passenger & One Stretcher lift in each block.
LANDSCAPE
- Designer landscaping.
Any further information visit http://www.zameen-zaidad.com/
Note: Areas, plans and rates are subject to change.
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Sobha Moonstone Bangalore
2008-08-21
Project Details
: Dasarahalli Bangalore
Type : Super Luxury Apartments
Land / Plot Area : 1.72 Acres (Approximately)
Total No. of Units / Apartments : 106 nos.
No. of Floors : Ground + 1 + 9 floors
Super-Built Up Area of Individual Unit : 3 Bedroom : 1804.37 -2097.40 Sq.Ft.
STRUCTURE
- Ground + Ten storeyed RCC framed structure with concrete block masonry walls.
- Covered car park in Ground & First floor. Visitors car parks in open.
FOYER / LIVING / DINING
- Superior quality vitrified tile flooring and skirting.
- Plastic emulsion paint for walls and ceiling.
BEDROOMS
- Superior quality vitrified tile flooring and skirting.
- Plastic emulsion paint for walls and ceiling.
TOILETS
- Superior quality ceramic tile flooring.
- Superior quality ceramic wall tiling upto false ceiling level.
- False ceiling with grid panels.
- Granite vanity counters in master bedroom toilet.
KITCHEN
- Superior quality ceramic tile flooring.
- Superior quality ceramic tiling up to ceiling.
- Plastic emulsion paint for ceiling.
STAIRCASE
- Superior quality granite treads & risers.
- MS handrail.
- Ceramic tile wall cladding up to ceiling.
- Plastic emulsion paint for ceiling.
COMMON AREAS
- Granite tile flooring and skirting.
- Ceramic tile wall cladding up to ceiling.
- Plastic emulsion for ceiling.
- Granite coping for parapet/MS handrail as per design.
BALCONIES / UTILITIES
- Superior quality ceramic tile flooring and skirting.
- Granite coping for parapet/MS handrail as per design.
- Plastic emulsion paint for ceiling.
- All walls painted in textured paint.
JOINERY
- Main door / Bedroom doors
o Frame - Timber
o Architrave - Timber
o Shutters - with both side masonite skin
- Toilet doors
o Frame - Timber
o Architrave - Timber
o Shutters - with outside masonite and inside laminate
- All other external doors to be manufactured in specially designed heavy-duty aluminium extruded frames.
- Windows / Ventilators
o Heavy duty aluminium glazed windows made from specially designed and manufactured sections.
- High quality ironmongery and fittings for all doors.
LIFTS
- Total no. of lifts - 4 nos. of reputed make.
- Lift Capacity - 8 passengers in 2 lifts, 16 passengers in 2 lifts.
LANDSCAPE
- Designer landscaping.
COMMON FACILITIES
- Well-equipped clubhouse.
- Swimming pool.
- Children's play area.
Any further information visit www.zameen-zaidad.com
Note: Areas, plans and rates are subject to change.
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Join The Real Estate In NCR And Delhi For the Best Future
2008-08-20
Join the best growing sector of India the Real Estate now-a-day the market of real estate is going too high in NCR and Delhi. Many cities are also included in investors list such as Bangalore, Pune, and Jaipur etc. These are the main investment point and mostly people like to invest in these cities because the results of the last three-five years are attracting them. But some wise investors are not feel good to invest in these cities they know well the growth level is comes on the top. So they are invested in the new developing area such as Haridwar, Vrindaban, Pune, Jaipur and the many cities are available which have less price form the NCR, Delhi.
The cost of Residential flats in NCR & Delhi is too high and the commercial space as well as. The cause of this higher rates is Industrial development in NCR but some builders are provided you the commercial space and the residential flats in cheap rates.
But the future of the Delhi and NCR's future is too bright and this brightness is developed the rate of property in the NCR& Delhi. Many famous builders are going to launch the Shopping mall at the NCR and Delhi this step can change the commercial market of NCR and Delhi.
It is clear the future of the NCR & Delhi is too high because the top most builders are launched their projects in this area and many new builders are going to launch the new projects.
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UNITECH: REALTY CHECK
2008-08-20
In its balance sheet for the year to March 2008, the Unitech management has sounded a cautionary note. "It is quite clear that after a fairly long bull run, the real estate sector in India has begun to show signs of slowing down to more realistic equilibrium rate of growth. The first signs of market slackening were evident in the second half of FY088. The correction has become more pronounced thereafter." In the June 2008 quarter, revenues for the developer were up a somewhat disappointing 19 per cent to Rs.1000 crore y-o-y although the operating profit margin improved 114 basis points y-o-y to 59 per cent due to increased contribution from the residential segment. The profit after tax was pushed up by lower outflows on interest and a lower provisioning for tax.
The company has been able to rope in an investor for a project being executed by Shivalik Ventures - a joint venture between unitech and local Mumbai developers.
Lehman Brothers Real Estate will invest Rs.740 crore for a 50 per cent stake in the first phase of the project to develop one million square feet in Mumbai.
The inflows should help ease Unitech's cash flows - the company's gross debt is estimated at around Rs.8,600 crore and analysts estimated that the average cost of the debt should be about 12 per cent. Outflows on interest had increased to Rs.280 crore in FY08 from Rs.120 crore in the previous year. It is believed that a couple of the firm's projects in Chennai and Hyderabad may have been pushed back because of delays in approvals. The firm has a strong presence in the eastern and northern parts of the country and residential projects account for close to 75 per cent of its land bank.
Of the approximately 55 million sq feet under construction currently, about 30 million sq ft is in the residential segment. Analysts estimate the net asset value of the firm at around Rs.200 per share for FY10. The stock currently trades at Rs.165/-.
Courtesy:-Business Standard dt.20.08.2008
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Sobha Petunia
2008-08-14
Sobha Chrysanthemum - New project. ... Sobha Petunia, - Sobha Emerald - Coimbatore, - Sobha Carnation - Pune, - Sobha City, - Sobha Lifestyle...
Project Details
: Hebbal Ring Road, Near Manyata Tech Park behind BEL Corporate office.
Type: Super Luxury Apartments
Land / Plot Area: 4.0 acres
Total No. of Units / Apartments: 156 Nos.
No. of Floors: Ground + 14 floors
Super-Built Up Area of Individual Unit: 3 Bedrooms: 2274.24 - 3302.00 Sq. Ft.
4 Bedrooms: 3496.18 - 3738.44 Sq. Ft.
4 Bedroom (pent house): 3497.41 - 4971.67 Sq. Ft
Any further information visit portal http://www.zameen-zaidad.com/
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Sobha Carnation
2008-08-14
Sobha Carnation is a luxury 3 bedroom apartment located in Sarjapur Outer Ring Road.
Project Details
: Haralur, Sarjapur Road
Type: Super Luxury Apartments
Land / Plot Area: 6.5 acres
Total No. of Units / Apartments: 226 Nos.
No. of Floors: Ground + 10 floors - Block1
Basement + Ground + 11 floors - Block2
Super-Built Up Area of Individual Unit: 3 Bedrooms: 2231.16 - 2470.25 Sq. Ft.
4 Bedrooms: 3070.43 - 3760.31 Sq. Ft.
Any further information visit http://www.zameen-zaidad.com/
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PARSVNATH UNVEILS RETAIL PLANS AMID SLOWDOWN CONCERNS
2008-08-14
APPOINTS DIRECTOR; TO OPEN 75 HYPERMARKETS AND BOUTIQUES IN FIVE YEARS
Delhi-based realtor Parsvnath Developers will open 10 retail stores this year and develop 21 commercial projects as part of its plan to foray into retail, Chairman Pradeep Jain said today. The company, in a release to the Bombay Stock Exchange, also named an independent director for the venture.
The developer is pursuing its retail plans even as consumer spending is expected to slow hurt by a series of interest rate hikes by the Reserve Bank of India to contain inflation, which is at a 13-year high.
Parsvnath Retail, a subsidiary of Parsvnath Developers, will build 21 projects with a saleable area of 4.77 million sq ft and open 50-75 outlets in the next five years, which will include super markets, hypermarkets, premium boutique stores and convenience stores, among others. The company is also developing 114 multiplexes across the country, it said.
The company, however, did not disclose any investment figures.
DLF and other property developers in the country have announced similar plans to tap the growing potential of the sector. Parsvnaths foray will pitch it against other corporate retail chains such as Future Group, Reliance Retail, Aditya Birla Retail and Tata groups Trent, among others.
The domestic retail market, which is currently valued at $511 billion, is projected to grow to $833 billion in the next five years, according to retail consultancy AT Kearney.
The company has entered into concessional agreements with the Delhi Metro Railway Corporation (DMRC) on a build-operate and transfer (BOT) basis, which will enable the company to develop shopping malls and multiplexes at 13 stations, comprising 3 million sq ft, it said.
Commenting on the company's reported plans of a possible tie-up with French retailer Carrefour for retail operations in the country, Jain said: "We will announce a tie-up once we sign the documents." According to property consultancy CB Richard Ellis, nearly 100 million sq ft of retail property development is in the pipeline. "The situation of over-supply and saturation resulting in the subsequent correction of rentals may occur in certain pockets and micro-markets in the short to medium term, said the CB Richard Ellis report.
Parsvnath Retail has appointed R J Kamath as an independent director on its board. "It is to bring more focus to the vertical and integrated development with the existing real estate activities," said an official from the Parsvnath.
On asked about why the company is moving into a sector that is bearing the brunt of high inflation, Jain said: "We are not worried about it. We will pass on to consumers rise in manpower costs or the rental increase," he said.
DLF, the countrys largest developer, has tied up with Italian retail brands Giorgio Armani and Salvatore Ferragamo to set up their stores across the country. DLF has announced a dozen malls across the country and a similar number of malls are in planning stage. The company is building The Emporio in Vasant Kunj in Delhi, which is expected to house many global luxury brands. Unitech, the country's number two realtor, has confined its plans to the development of malls. It runs two malls in the National Capital Region and has announced 15 malls in the coming years with an investment of Rs 20,000 crore.
"Though the market is very big, if you do not have the strategy right, success will be hard to come by. Realtors do have some synergies in the retail sector but at the same time, many of the stores are closing due to high rentals," said R Subramanian, promoter of food and grocery chain Subhiksha.
Future Groups joint venture with French brand Etam has closed five stores across the country and the RPG groups Spencer's has relocated 40 stores due to high rentals.
Courtesy: - BS dtd: - 12th Aug. 2008
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"Affordable Housing" By The Zameen-Zaidad
2008-08-13
A common man have only one desire to have their own house but how can it possible when the rates of property goes too high. If you are make mind to purchase a residential flats or commercial plots then you search more and more property space in Internet, News Paper, TV ads, Property Agents, By peoples who near by to you and many ways you use for it. But you find your self unable to take a decision which is the best for you and it is the most difficult problem because you choose a property by some one suggestion. It may be good or bad for you it's a different matter. So be careful before purchasing don't take decision in hurry it's not so simple and short timer, these days many ways are available to solve this problem such as Property Portal and you can join the Hi-tech era solution Internet This is the best option to you for search property any where any rates on one place by the simple click and you see the and the real rates of property.
The status of real estate in India is increasing too fast you can see it already. And it is sure that it going more and more higher the cause of this increasing "financial status of Indian Government, Population also". By this increasement a normal class family not able to purchase a well maintained house to live in. Indian Government doing many efforts to solve this problem but these schemes is too little to face this problem. Then middle class family person like to take a rented house in the best locality to live in. but some builders are trying to solve this problem by making flats for middle class families in less price and the total price divided in installments and it's not too big to afford it.
You can see any type of property in Zameen-Zaidad which is a property portal it's provides you the property in all over India in affordable price for a middle class person. There are more than two hundred builders are included in our site with their projects and you search any one from all of them which suite to you. If you like to sale your property then you can also contact or submit you property in site for sale.
If you want to invest on the Indian Real Estate it's the best decision of your own because the property rates in India are going to high day-to-day and this process going to longer.
Now-a-days the status of real estate is too strong many big companies' likes to invest in land purchase after some time they make multistore buildings and then they earn more and more and the share market is also affected buy this field. Join the Real Estate Investment and getting your money grow.
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TATA HOUSING AND RAHEJA DEVELOPERS ANNOUNCE NEW PROJECT
2008-08-13
TATA Housing Development Company Limited, a fully owned subsidiary of TATA Sons Limited announced its foray into the North Indian market with the launch of Raisina Residency- a residential property in Gurgaon. TATA Housing and Raheja Developers are jointly developing the property, Aedas, one of the top five architects in the world has designed this unique Project.
Speaking at the launch of Raisina Residency Brotin, Banerjee, Managing Director, TATA Housing Development Company Limited said, "We are committed to offer our consumers a unique and differentiated product." Spread across a sprawling 11.73 acre campus, Raisina Residency has nine towers. The product mix consists of 3 BHK (2319 sqft and 2910 sqft) and 4 BHK (3375 sqft and 3829 sqft) apartments.
Courtesy: - August 9, 2008
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2/3 BHK Flat available in Jaipuria Sunrise
2008-08-12
2/3 BHK Flat available in Jaipuria Sunrise of Jaipuria Infrastructure Developers Pvt. Ltd. Indirapuram- Sufficient green spaces,Private balconies with all bedrooms ,Internet broad band connectivity.Ample parking space.Hi - tech security & fire fighting systems-Modern high speed lifts,Multipurpose hall,Power backup & round the clock water supply, Gardenia Square is such a beautiful place that fulfills your every dream and desire. Jaipuria Sunrise Greens is the new discovery that satiates your living thurst with complete Group Housing Solution, it unleashes a premium Class Living that uplifts your living to new altitude. An altitude of great architecture, unparalleled aesthetics and unrivaled designs it offers apartments at most affordable price that wins your heart with fascinating features:
Area:, Uttar Pradesh › Indirapuram Ghaziabad
Transportation: Indirapuram,Ghaziabad NH-24
Type of ad: Individual - Offer
Type of property: Flat
# of rooms: 3
# of bedrooms: 3
# of baths: 2
Basic Rate: Rs.2975/- sq.ft.
Amenities: Basement, Lift, Parking(Covered&Open)
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2/3 BHK Flat available in Orange County
2008-08-12
2/3 BHK Flat available in Orange County of Meriton Group, Indirapuram- Sufficient green spaces,Private balconies with all bedrooms ,Internet broad band connectivity.Ample parking space.Hi - tech security & fire fighting systems-Modern high speed lifts,Multipurpose hall,Power backup & round the clock water supply, Gardenia Square is such a beautiful place that fulfills your every dream and desire.
Orange County has a strategic advantage in terms of close proximity to Delhi. You can have the best of ultra modern lifestyle and yet be close to Delhi in more ways than one. In fact Orange County gives you the best of both the worlds.
Area:, Uttar Pradesh › Indirapuram Ghaziabad
Transportation: Indirapuram,Ghaziabad NH-24
Type of ad: Individual - Offer
Type of property: Flat
# of rooms: 3
# of bedrooms: 3
# of baths: 2
Basic Rate: Rs.3600/- sq.ft.
Amenities: Basement, Lift, Parking(Covered&Open)
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3BHK flats in NCR
2008-08-11
3 BHK Flat available in GC Centrum of Gulshan Homz , Indirapuram-Gulshan Homz presents GC GRAND fully air conditioned three bedroom premium luxury Apartments in Indirapuram with host of features & conveniences truly unmatched .Planned with modern living demands in mind, each apartment spells comfort and convenience in every aspect.Its focal point is its innovative architecture overwhelming the skyline with its grandeur.Visit GC Grand Show Home on week days/ ends to experience class and sophistication
Sufficient green spaces,Private balconies with all bedrooms ,Internet broad band connectivity.Ample parking space.Hi - tech security & fire fighting systems-Modern high speed lifts,Multipurpose hall,Power backup & round the clock water supply, Gardenia Square is such a beautiful place that fulfills your every dream and desire.
Area: | Uttar Pradesh › Indirapuram Ghaziabad |
Transportation: | Indirapuram,Ghaziabad NH-24 |
Type of ad: | Individual - Offer |
Type of property: | |
# of rooms: | 3 |
# of bedrooms: | 3 |
# of baths: | 2 |
Basic Rate: | Rs.3000/- sq.ft. |
Amenities: | Basement, Lift, Parking(Covered&Open) |
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3BHK Flats in Ghaziabad And Indrapuram
2008-08-11
3 BHK Flat available in Rishabh Platinum of Rishabh Group, Indirapuram-A home has always to be the matchless. A place where imagined ideas are sensed planned and then cared to propose. Find yourself not just a home but a cloud nine. to make you swerve in heaven-like environs.. that remain always beguiling and enticing. Be at... Rishabh Platinum.
Sufficient green spaces,Private balconies with all bedrooms ,Internet broad band connectivity.Ample parking space.Hi - tech security & fire fighting systems-Modern high speed lifts,Multipurpose hall,Power backup & round the clock water supply, Gardenia Square is such a beautiful place that fulfills your every dream and desire.
Area: | Uttar Pradesh › Indirapuram Ghaziabad |
Transportation: | Indirapuram,Ghaziabad NH-24 |
Type of ad: | Individual - Offer |
Type of property: | |
# of rooms: | 3 |
# of bedrooms: | 2 |
# of baths: | 2 |
Basic Rate: | Rs.3250/- sq.ft. |
Amenities: | Basement, Lift, Parking(Covered&Open) |
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2/3 BHK Flats In India
2008-08-11
2/3 BHK Flat available in Charms Solitaire of Charms India Pvt. Ltd.
Sufficient green spaces,Private balconies with all bedrooms ,Internet broad band connectivity.Ample parking space.Hi - tech security & fire fighting systems-Modern high speed lifts,Multipurpose hall,Power backup & round the clock water supply, Gardenia Square is such a beautiful place that fulfills your every dream and desire. Provision for natural gas pipeline in kitchen. Installation of fire fighting arrangements at all floors (No installation charges. A project to bring Ganga Water in the vicinity is under active implementation by GDA.
Area: | Uttar Pradesh › Indirapuram Ghaziabad |
Transportation: | Indirapuram,Ghaziabad NH-24 |
Type of ad: | Individual - Offer |
Type of property: | |
# of rooms: | 3 |
# of bedrooms: | 2 |
# of baths: | 2 |
Basic Rate: | Rs.2850/- sq.ft. |
Amenities: | Basement, Lift, Parking(Covered&Open) |
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Information of Ansal API Ghaziabad
2008-08-09
Flats in "Ansal API Aquapolis" Located in NH 24, Ghaziabad. 2047 sqft, 2 BHK Luxury apartments with servant room, modular kitchen, piped cooking gas, Jacuzzi with shower cubicle in master bedroom and more. Any further information and detail visit this portal
And all types of commercial and residential flats are available.
http://www.zameen-zaidad.com/ .
: NH- 24
Area: 1275 Sq Feet
Bedroom: 2
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NOIDA-FEATURES MADE IT SPECIAL
2008-08-09
If you are out to search a dream home in the adjoining areas of Delhi, believably your look will stay on NOIDA. Inhabited right between Yamuna and Hindon rivers, while one part of this city joins NH-24, the beautiful Express Way passes through the other part of the same. During the forthcoming days, people could reach direct to the love symbol 'Tajmahal' via this Express Way. In all, this area will undergo a sea change after a period of three years.
After some time you will see the changed face of NOIDA. Here on one side you will see Entertainment City, National Botanical Garden, International Cricket ground and Film City, while on the other side one will see skyscraper 20 to 40 storeyed towers. Amongst all these things, NOIDA authority has offered to builders of international brand to construct a model house in NOIDA.
Otherwise also, NOIDA has become the first choice of bureaucrats, big dignatories of film and sports including corporate world. The facilities which are available in the field of education and medical in NOIDA, may perhaps not be available in other cities of NCR. Robust arrival of Metro Rail has increased the attraction of NOIDA several times more. In forthcoming days when the rehearsal and competition of cycling during Common Wealth games will happen in NOIDA, its image will also emerge on the world map.
Keeping all this features of NOIDA in mind, NOIDA authority has once again increased the land rate during their board meeting held on 1st May, 2008. Though the authority had increased these rates on 17th July 2007. The major reason of increase in rates with in ten months only is the increasing popularity of NOIDA. Residential property rates have been increased by 20% this time.
Looking to the possibilities of commercial properties in NOIDA, five categories have been made first time in commercial sector. On this point Parsvnath Group MD.Pradeep Jain says "The infrastructure of NOIDA is of high quality as compared to its other cities in NCR.Investment opportunities in real estate are unlimited here. In forthcoming days NOIDA will consist of IT Hub, Education Hub and also coming big projects on both sides of express way. Alongwith NOIDA, all these factors will further help to develop Greater NOIDA also".
ATS Group Director Anand agrees that authority has hurriedly increased the rates. Owing to MNCs based in Gurgaon, the big corporate families have started constructing their homes in Gurgaon. Had there been no increase in rates, then they were sure to come to NOIDA. This evolution was also started.
In fact, people like NOIDA due to availability of water and electricity. Their opinion is that NOIDA should now be freehold. They say, "If it happened so, a sea-change would be visible in the outlook of NOIDA".
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Office Space in Gurgaon
2008-08-08
Gurgaon has been the most developing city in India in recent past. Most of the big MNC's such as Coke, Pepsi, Perfetti, Gillette, Xerox, Honda, Flexotronics, Daksh, GE, IBM, Nestle, American Express, Maruti, LG, Samsung and many more private & public organizations are having their corporate offices in Gurgaon.
Gurgaon has many new and finely constructed buildings by DLF, Unitech,EMAAR MGF,Spaze,Orchid,Vipul, Senior Builders, Raheja, Eros, JMD,Landmark which is the address of top companies of the world.
Office space is still available in many A class buildings with complete ultra modern infrastructure and amenities such as broadband internet,ample parking, 24 X 7 power, water, security in Signature Towers, Business Global Park, JMD Tower, DLF Cyber Park, Pacific Square, Paras Downtown, Augusta Point, MPD Tower, Millennium Plaza, Galaxy Towers, Senior Plaza, Vatika Triangle, First India Place and many more.
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DDA gears up for flat rush
2008-08-07
On Wednesday, Delhi Development Authority (DDA) will start accepting applications for the 5010 flats it has put up for allotment through a random draw of lots. Expecting a massive turnout, DDA has printed five lakh brochures which will be sold for Rs 100. In 2006, DDA received nearly 1.90 lakh applications for the 3000 flats up for allotment.
Under the DDA Housing Scheme-2008, 5010 flats are being put up for allotment through a computerised process wherein every application after scrutiny will be allotted a random number to prevent irregularities and keep the process foolproof. The data will be fed into the computer and a draw will be carried out in the presence of judges and the media. Results are likely to be declared nearly three months after the application process ends on September 16.
Of the 5010 flats on offer are 3483 one bedroom flats, 889 two bedroom flats and 352 three bedroom flats. Another 286 flats will be under the expandable category where the owner can add upto two extra storeys. The flats are priced keeping in mind the middle and low income group.
Meanwhile, Tuesday was a busy day at the otherwise quiet housing department of DDA. With last minute preparations underway, housing commissioner Asma Manzar could be seen rushing from one meeting to the other. The counter at the DDA headquarters at Vikas Sadan was also being prepared to handle the rush of applicants. Two additional sales counters have been added here. Forms will be available from 10.30 am to 4.30 pm at Vikas Sadan.
To deal with the expected rush, forms will also be available at selected branches of banks like HDFC, IDBI, Axis and ICICI. Forms can also be collected from the branches of State Bank of India and Central Bank of India at Vikas Sadan and the Nehru Place branch of Union Bank of India.
DDA Housing Scheme-2008 is the 43rd such scheme from DDA. The first housing scheme was launched way back in 1968. Then it was an open ended general scheme where the applicants were registered and as and when the flats were available the DDA allotted them through a manual draw of lots. This general pattern continued till 1999.
The first one-time scheme was then launched wherein one time allotments were made and the deposits returned to unsuccessful registrants. According to senior DDA officials in the housing department, the general scheme was discontinued as it was leading to a backlog of pending registrants. Till date, DDA has allotted 3, 71,215 flats in all categories.
At prices almost 40% less than market rates, DDA's newest offer is expected to elicit a huge response. DDA officials said though the flats may not look as good as builder-developed apartments from outside, the quality of construction could not be faulted. They added that samples were lifted from the construction sites periodically and put through checks at the quality control laboratory of the DDA.
And detail information visit http://www.zameen-zaidad.com/
Courtesy: T. O. I. 6th August 2008
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FDI In Real Estate May Touch $25b In 10 Years.
2008-08-06
Foreign direct investment in the country's real estate sector is likely to rise to $25 billion in the next 10 years from $4 billion, even as the industry faces a slowdown in the short term due to rising interest rates, an Assocham study said. "Despite real estate market confronting a temporary depression with real interest rates hovering between 12 and 16%, FDI in real estate market would increase by about $21 billion to $25 billion in the next 10 years," industry chamber Assocham said in its latest study. At present, the domestic real estate market is estimated at $115 billion.
Courtesy: - The Economic Times 6Th August2008
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GAMES VILLAGE FLATS GET GOOD RESPONSE
2008-08-06
It has been a month since the under-construction apartments at the Commonwealth Games Village were thrown open for sale, without any announcement or advertising. The response from the buyers has, nevertheless, been enthusiastic with almost 80 per cent of the 300-odd apartments on sale already booked, according to industry officials.
Costing Rs.2 crore for the smallest (two-bedroom) ones to Rs.5 crore for the largest (five bedroom) ones, the apartments are being built by Emaar-MGF under licence from the Delhi Development Authority (DDA) and are being sold at a base price of Rs.12,500-12,750 per sq ft.
This rate is much lower than the capital rates of other prime properties in Delhi (see chart), and in the same bracket as that quoted for luxury apartments selling in the outskirts of the city. For instance, the multi-crore luxury apartments from DLF in Gurgaon in two projects - The Aralias and The Magnolias - are selling at Rs.10,500 to Rs.13,000 per sq. ft.
"The response has been better than expected," says an elated Sanjay Malhotra, Emaar-MGF's Chief operating officer, who is in charge of the village construction. There are a total of 1.168 apartments at the village spread across 34 towers. Emaar has the right to sell two thirds of these apartments while DDA will sell the rest after the Games in October 2010. Nine towers are currently open for booking; the two-bedroom flats are sold out and the stock of the larger ones is depleting fast.
"This shows that there is still an appetite for real estate investments from long-term investors and the short-term investors have exited from the market," says Anuj Puri, chairman and country head of real estate consultancy firm Jones Lang Lasalle Meghraj.
Puri has made a personal investment in an apartment at the Games Village after taking into account the (it will be flanked by the Akshardham temple on one side and by the Yamuna river on the other), the developer, and the fact that it will be completed in time, since there can be no shifting of the Commonwealth Games deadline. And of course, he expects capital appreciation over a three-five-year period.
Work is happening simultaneously on all the 34 towers and the first milestone under the project developer agreement with DDA has already been achieved. The finished apartments are to be handed over by the company to DDA by April 1, 2010.
The 10,000 athletes and officials slated to attend the Commonwealth Games will be housed in these apartments. The flats will then be touched up before being handed over to the buyers in early 2011.
The brochure boasts that the apartments are spread across the whole Commonwealth Games Village project - estimated to cost over Rs.1,000 crore - is spread across 160 acres and includes, in addition to the residential zone, an operational zone and international zone. The preferential charges, which are typically levied on the lower floors, are applicable on the higher floors in these apartments as the view is better on the high floors. The charge ranges from Rs.150 per sq. ft. on the fourth floor and goes up to Rs.750 per sq. ft. on the eighth floor. According to the Delhi government, the objective of the project is to provide a world-class games village by 2010 and also to leave a legacy that provides a first-class residential precinct for Delhi.
Courtesy: - Business Standard 5th August 2008
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5020 DDA Flats Going, Will You Get Lucky?
2008-08-04
Your dream of buying an affordable flat in Delhi might come true very soon.
The Delhi Development authority (DDA) on Friday announced a new housing scheme offering 5,020 flats across the city. The one-two and three- bedroom flats will come for prices much less than what private builders ask for. Starting from Rs.7.95 lakh, the price varies depending on the . The maximum is Rs.77.80 lakh for a three-bedroom flat in Motia Khan.
Forms will be available from August 6 and the last date for applying is September 16.
The ready-to-move flats are located in Dwarka, Paschim Vihar, Rohini and Pitampura in West and Northwest Delhi, Vasant Kunj in the south and Dilshad Garden in the east among other areas.
Among those on offers are 280 expandable flats - independent units on which you can build an extra floor.
Realty experts said at a time when property prices in Delhi and NCR towns like Gurgaon, Noida and Ghaziabad are going through the roof, the DDA flats give hope to the middle class. "Despite the fact that interest have gone up, people can still think of getting their homes financed as these flats are affordable," said Anshuman Magazine of real estate consultancy firm CB Richard Ellis.
The only problem: you have to be lucky.
The allotment will be decided by a draw of lots. In the last DDA scheme in 2006, there were 230 applicants for each flat on offer.
3 STEPS TO APPLY FOR A FLAT
- Buy a form for Rs.100/-from any authorized bank like HDFC, ICICI, IDBI or SB. You can also buy it from DDA's head office at INA or pay and download it from www.dda.org.in.
- Make a cheque/demand draft of Rs.1.5 lakh in favour of DDA Housing. This is the refundable registration fee.
- Fill up the form, attach the cheque/demand draft to it and deposit them at any of the branches of the authorized banks. Wait for the result of the draw expected by Dec or First week of Jan 2009.
WHO CAN APPLY?
Applicant should not have any flat allotted in his/her name. However, if the individual share of the applicant in jointly owned plot or land under residential house/flat is less then 66.9sq.m., then he/she can apply.
One has to be a citizen of India holding a Permanent Account Number (PAN).
One person from a family is eligible to apply and can submit one application only.
There is no income limit for the applicant and one can apply according to his requirement and affordability.
WHEN CAN I BUY THE APPLICATION FORM?
The form will be on sale from August 6, 2008.till September 16, 2008.
WHERE CAN I BUY THE FORM?
From branches of Axis Bank, HDFC, ICICI, IDBI, Central Bank of India, State Bank of India, Union Bank of India.
HOW DO I APPLY?
Deposit registration money of Rs.1,50,000 by a banker's cheque/demand draft of any bank drawn in favour of ‘DDA Housing'.
Applicants using downloaded form need to deposit a separate draft/banker cheque of Rs.100 in addition to Rs.1,50,000.
Form can be download from DDA's Website - http://www.dda.org.in/
WHO WILL BE ALLOTTED FLATS AND WHEN?
Allottees will be decided by a draw in the first week of November 2008. Flats will be allotted in December or January 2009.
CAN I SELL IT OFF LATER?
Yes, you can without hassle.
WILL MY REGISTRATION MONEY BE REFUNDED IF I AM NOT ALLOTTED A FLAT?
Yes, you will have to approach the main branch of the bank where you deposited the application form.
WHERE ARE THESE FLATS COMING UP?
Pitampura, Dwarka, Motia Khan, Paschim Vihar, Dilshad Garden, Vasant Kunj, Narela, Shalimar Bagh, Jhilmil, East of Loni Road, Nand Nagari, Peeragarhi, Sarai Khalil, Rohini, Lok Nayak Puram, Bindapur and Zafrabad.
The maximum numbers - 1,640 - of flats are in Rohini, Sector 28.
Vasant Kunj's Sector A has just one two-bedroom flat priced at Rs.35 lakh.
WHAT'S THE PRICE?
The price of the flats, depending on the locality, starts from Rs.7.95 lakh (one-bedroom) and goes up to Rs.77.80 lakh (three-bedroom flat in Motia Khan).
ARE SOME OF THE FLATS RESERVED UNDER CERTAIN CATEGORIES?
Yes, nearly 28 per cent of them are reserved as under:
17.5 per cent for Scheduled Castes
7.5 per cent for Scheduled Tribes
1 per cent for war widows
1 per cent for physically challenged persons
1 per cent for ex-servicemen.
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SIX HOTEL PROJECTS ON THE BLOCK AS SMALL DEVELOPERS BITE DUST
2008-08-04
Most of the properties put up for sale belong to small developers, who don't have the holding power. They are now approaching bigger developers for a buyout.
A buoyant real estate market last year saw several realty firms foray into the hospitality sector. But with slowdown hitting real estate and choking cash flow several small realty firms have been forced to put at least half a dozen hotel projects on the block.
A developer has put on the block a 200-room hotel project in Ahmedabad that has a management tie-up with a reputed international hotel brand. Work on the project is around 60% complete. Similarly, two mid-size hotel projects in Bangalore, which are in the early stages of construction, and one each in Pune, Chandigarh and NCR have been put on the block. Almost all the projects are mid-size. Some