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| Hyderabad Based Real Estate Company Bags Green Platinum Pre-Certification |
| 10.24.08 (11:28 pm) [edit] |
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Real estate Hyderabad lots of builders are procedure in Indian main cities as well delhi, Mumbai, kolkata and builders are procedure in Hyderabad.
Aliens Group, leading Real Estate Company in Hyderabad, just added another feather to its cap. It has become the only Real Estate Company in Andhra Pradesh to be pre-certified with a Platinum Rating by Indian Green Building Council (IGBC) in the Residential Townships category. This makes it one of the most Eco-Friendly Properties to live in and the First Platinum pre-certified Green Township in Hyderabad. This comes after Aliens Group being the only Company to get the HUDA approval for a 30 Storied High Rise in Hyderabad.
IGBC is a not-for-profit organization and also the certifying body for Green Buildings in India. It follows a series of studies and does extensive review after which these ratings are given to the developments. There are very few developments that are accredited with these ratings in India and Aliens Group is one of them. Speaking on the occasion Mr. Hari Challa, MD Aliens Group said, “It is a matter of great pride that the award recognizes our Eco- Friendly initiatives. We believe in self governance and are aware about our responsibility towards the society and environment. What makes me proud is - what we are building today is not at the cost of tomorrow.”
Mr.S Srinivas, Principal Counsellor of IGBC said, “We are happy to see Aliens Group contributing towards building a Green India. We are delighted to review their designs, which we found to be the best in class. It surely is a giant leap for the industry.” Aliens Group strives on their Intelligent Living Concept and this is a Silver Lining for them. It boasts about the use of the most Eco-Friendly concepts in Aliens Space Station-1. Healthy Environment, Energy Efficiency and Water Conservation are the main ‘green’ features of the development. They are contemplating to develop more ‘green townships’ in the coming future.
As the thought leaders of the ‘Intelligent living’ concept, they apply the new age phenomenon of ‘maximised spaces and minimised hassles’ to satisfy the most conscientious buyers of today’s generation.
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| 30-35% Drop Expected in Residential Price in Mumbai |
| 10.24.08 (11:20 pm) [edit] |
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Property price Drop inreal estate players participating in the highly lucrative slum rehabilitation and development business considering that half of Mumbai’s 12 million population lives in slums.
Strong cash flow visibility for Mumbai focused property developers – Stable cash flow of Mumbai focused developers will help these companies tide over the liquidity crunch. Mumbai suburbs to witness huge supply - The trend for suburbanization is likely to continue with suburban locations capturing demand for small to medium format spaces. Redevelopment of properties – Mumbai offers huge opportunities for developers in the redevelopment space. According to a survey done by the Maharashtra Housing Area Development Authority (MHADA) in 2006, Mumbai has 19642 dilapidated buildings that are more than 40-100 years old.
Harendra Kumar Head of Research, Centrum Broking Pvt Ltd says “Mumbai is uniquely placed as compared to other cities because of its huge population, need for housing and the opportunities that are available. We are optimistic that with the correction in the prices there will be a spurt in the demand.”
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| Sabeer Bhatia forays into Real Estate |
| 10.23.08 (2:57 am) [edit] |
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Sabeer Bhatia is trying up with Parsvnath Builder to develop a 11,000 acre Knowledge City near Chandigarh. The new company formed out of this union will be called Nano City Haryana Ltd in which Sabeer Bhatia will have 52% stake while Parsavath and Haryana Government will hold 38% and 10% respectively. The land has been notified near Punchkula. The city will be a hub for software development, nano science, drug discovery, bio-technology, and energy and semiconductor research. The company's initial investment would be Rs 400 crore in the first phase of the project. It would be completed in two phases over the next 10 years, where the company would develop 5,000 acres in the first phase.
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| Dream World's Deepawali Bonanza |
| 10.21.08 (6:19 am) [edit] |
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"Dream World Infrastructure Ltd" is constructing a township "Indraprastha Vihar" at NH-12 in Jaipur. On he occasion of Deepawali, this company has offered "Deepawali Bonanza Scheme". Under it, on buying a plot in "Indraprastha Vihar", he company will be responsible for its registration charges, that too absolutely free. Plots of 1250, 1800 and 2400 sq.ft size are available in this project. The facilities being provided in the project include playground, swimming pool, gym, club house, 24X7 ambulance, electricity and water etc.
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| ARSVNATH BAGS RS 29.5-CRORE CONTRACT FROM DELHI METRO |
| 10.20.08 (10:23 pm) [edit] |
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Real estate firm Parsvnath Developers on Friday said it has bagged a Rs 29.5-crore order from Delhi Metro Rail Corporation for constructing station box at the upcoming Dhaula Kuan metro station. "Parsvnath is proud to strengthen its association with DMRC through the construction of station box at Dhaula Kuan. The project reinforces the confidence of DMRC in our execution capabilities," company chairman Pradeep Jain said in a statement. As per the contract, Parsvnath would construct a station box in the upcoming Dhaula Kuan station, which would be on the DMRC's Connaught Place-International Airport route. The company is already developing shopping malls in 13 metro stations across the city, Jain said. The project is scheduled to be completed within a period of 15 months, the company said. The capital-based realty firm is currently developing 114 projects; spread over 211.32 million sq ft across 51 cities.
Courtesy:- ET dtd:- 18th Oct. 2008
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| The ladies are catching up |
| 10.17.08 (12:36 am) [edit] |
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Today, one fifth of homebuyers are single women, this only proves the fact that investment in real estate is no more a male territory. The ladies are here.
So far, Women were only influencing home property investment has become a way of building long-term security and stability for themselves and their family.
According to Kunal Banerjee of Ansal API: “Women investor is a small percentage of the total pie but it is a growing percentage and one to reckon with. A lady, married or unmarried is taking a keen interest in buying property now than ever before. The key drivers of this change could be the fact that women today are far more educated and earn handsome salaries, which they want to invest wisely, in a longterm asset such as real estate.”
Women have become financially independent and are focused on careers and building long-term security. Thus, many workingwomen who are self-reliant are direct purchasers of property.
Prodipta Sen, VP,Marketing &Corporate Affairs, Alpha G:Corp says that, now around 30% of the property buyers in urban areas are women and over the coming years this figure will continue to rise sizably as globalization continues. One-fifth of homebuyers today are single women. According to Mr Sen: “A record numbers of single women are buying their own homes. Real estate provides better security as property, unlike stocks, doesn’t lose value overnight. We are seeing more women buying, within the last few years, than ever before. Owning a home is the single biggest taxbreak for most consumers and a single home-owner gets all the tax advantages that married couples who own a home together get. Owning a house in a good market ensures appreciation.”
Shilpi Kohli, 34, a textile industry professional is a well-traveled single woman earning a handsome salary. She goes the world over but needs a pad back in the homeland -one, which she can call her own. She says real estate investment for a single women now, as there is an intangible value of ‘security’ attached to it.
Developers agree that most women prefer buying a house of their own instead of the comparatively insecure proposition of rented accommodation.
So, what are the specific requirement of women clientele and are they distinctly different from those of men?
According to Prodipta Sen: “Women are more discerning and have a better eye for detail. Their priorities include doing thorough research into the developers’ project details, their market equity, price, security, aesthetics, location, facilities, et al.”
The regulatory authorities have gone ‘all out’ to encourage women-buyers of property. Leading players in the India housing-finance sector have been announcing a special offer all women home-loan seekers. They offer a concession on the rate of interest by 0.25% on the applicable card rates as well as concessions on processing fees to women working in the corporate sector. At present, the stamp duty on real estate purchases is biased in favour of women at 4% as against 6% for men. Recently, HARYANA has reduced the stamp duty for women to 5%, against 7% for men.
Courtesy ET Realty 10-10-08
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| HARYANA: TAKING CARE OF ALL FACETS OF LIFE IN GURGAON |
| 10.16.08 (3:18 am) [edit] |
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| HUDA HAS SPENT RS 2,967 CRORE |
| 10.16.08 (3:13 am) [edit] |
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The Haryana Urban Development Authority (HUDA) has collected Rs. 2,967 crore up to September 2008 as External Development Charges (EDC) from colonizers, developers, HUDA sectors and others. A sum of Rs. 2,022 crore has already been spent including the expenditure of Rs 197 crore incurred by the state government and other government agencies n the project of extension of Delhi Metro to Gurgaon.
Chief Minister Bhupinder Singh Hooda has informed that Rs. 1,384.57 crore has been spent since April 2005, which is more han 2.17 times f he expenditure incurred upto March 2005. Apart from this, Rs. 500 crore is expected to be spent during this year.
Expenditure incurred on the EDC during his tenure:
Up to March 2005 Rs 637.49 crores
During the year 2005-06 Rs 91.45 crores
During the year 2006-07 Rs 148.06 crores
During the year 2007-08 Rs 335.70 crores
From Apr. 2008 to Sep.2008 Rs 809.36 crores
Courtesy:- TOI dtd:- 13th Oct. 2008
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| (E)VALUATION |
| 10.15.08 (6:03 am) [edit] |
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Banks have their own valuation experts who will determine the value of your house. But an important criterion that banks look for is that the residential property should not have any encumbrances. You should have a clear title to the property and must be living in the house. Moreover, the property should not be involved in any type of litigation. "Banks are willing to give between 40-60% of the value of the property, subject to a maximum of Rs 50 lakh," says Imtiaz Ahmed, vice-president, mortgages, Axis Bank. The older you are, the greater your chances of getting a higher percentage. If you live in an area where the prices are rapidly increasing, you need not fear that you will lose out on the benefits. The bank either performs annual asset verification or at least once every five years. If you desire, the bank may modify the loan amount keeping the revised rates of the property in mind.
Courtesy:- ET dtd:- 12th Oct. 2008
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| FESTIVE FEAST |
| 10.15.08 (12:05 am) [edit] |
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The festive season can add sparkle to your wishes for a dream home. If you are looking at a good bargain with some great incentives coming your way, this may just be an ideal time to invest,
IT'S raining discounts in the real estate market and the festival season is just one more reason for the developers to line up a string of incentives for prospective buyers. But at a time when it is showering festive discounts all the way, the question is whether one should avail of these discounts or wait for a further price correction?
Developers such as Omaxe, Ansal API, CHD and Ansal Housing and Construction have a number of interesting schemes and discounts in store to woo buyers. Omaxe, for instance, is offering gold coins in the range of Rs 21,000-51,000 to every applicant on bookings done by October 15 for specific projects. A luxury massage chair in the range of Rs 3-4 lakh is also on offer for the first 15 applicants in projects such as The Forest Spa in Noida and The Royal Residency in Ludhiana. Similarly, Ansal Housing and Construction has a scheme of paying 15% now and booking a two or three-bedroom apartment at Zirakpur, near Chandigarh. The balance can be paid by loan and one doesn't have to pay any interest till possession.
Carrying the trend forward, CHD Developers is offering its customers an 8 gm, 22-carat gold coin for bookings made between October 1 and 31 on villas, plots and commercial properties. Incentives and value-adds include reduced down-payments to book flats, waiver of stamp duty charges, reduction of waiver on premium for floor-rise and value-adds such as free parking, furnishing, air-conditioning, enhanced security features are common.
Normally such incentives would have been limited to the festive season. But the slowdown in real estate ensures that such a scenario of 'incentivisation' may continue till the market is revitalised. So in the midst of the available discounts, should a prospective buyer wait a little more to bag a lucrative deal?
Says Raminder Grover, CEO, Homebay Residential, and Jones Lang LaSalle Meghraj: "There is a definite danger in waiting too long for the perfect opportunity. Much as in the stock market, it is impossible to predict the point of lowest ebb in the realty market. The danger in delaying too long is two-fold. First, the buyer may lose out on the best properties and second, the market may regain equilibrium, meaning the add-ons and even lowered rates may no longer be available."
Developers offer a similar take. "There will be no further price correction and this market condition will continue and is expected to go up even after the festive season. Real estate is price and EMI sensitive. An innovative offer is always a hit amongst the buyers. Hence offering cash discounts will be advantageous and buyers will surely avail these discounts. This is the ideal time toParsvnath Developers SRS Group and Assotech are not offering any discounts at this time. Rajeev Rai, V-P, corporate, Assotech, feels buyers must assess their requirement, repayment capacity financial capabilities and delivery capacity of the developer, so that they know that the 'festive offerings' are genuine enough. Experts, however, suggest that price corrections will continue in overheated pockets of the country, particularly in locations in the metros and tier II cities that have seen unreasonable price trends.
The festive season sure can add some sparkle to your wishes. So, if you are looking at a good bargain with some great incentives coming your way, then this may just be an ideal time to invest in your dream buy.
Courtesy:- ET dtd:- 12th Oct. 2008
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| 10.14.08 (4:13 am) [edit] |
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EAL ESTATE SECTOR BANRKS ON INNOVATION
The Next Nano in India could be an affordable home. A section of realty players are at a striking distance of developing innovative methods of constructing parts of a building on a large volume, and then transfer those to the actual sites. This could significantly lower the construction costs which in turn will enable builders to make a foray into commercially viable low-cost housing, sources in government told Sunday ET.
Ajay Shankar, secretary, department of industrial policy and promotion (DIPP), did not elaborate how soon that could be a reality, but said, "Yes, the next Nano could happen in realty. Developers will be able to sell houses at a low cost because of technological innovation." Significantly, the DIPP handles the issues related to the granting of patents. SundayET, however, could not verify whether any prominent developer filed patent applications on building-innovation. In fact, the basic premise of the Nano car, which will cost just Rs 1 lakh in the market, is based on Tata Motors' technological innovation which is guarded by as many as 34 patents. "As the government is increasingly forcing developers to earmark a section of houses for low income category, it's not surprising that some realty players are resorting to technological innovation to build homes at a very low cost, which will give them a profit as well. For low cost housing, there's also a possibility of getting subsidized land," a government official said.
Cushman & Wakefield's executive MD Sanjay Verma said mid to lower segment houses were important as 70-80% of the demand came from there. "The slowdown is forcing developers to look at this segment now as it has become difficult to push for luxury products. But technological innovation will not be enough. Developers must work on other areas to make affordable housing financially viable," he said
Courtesy:- ET dtd:- 12th Oct.2008
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| Small cities continue to dazzle with real estate |
| 10.07.08 (6:24 am) [edit] |
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Smaller cities in India as well as china are expected to record high growths in real estate especially in the residential sector. According to industry reports, investment in real estate in both these countries will surge further. With the rising middle class, the investment in this sector will gain further
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| 10.07.08 (12:37 am) [edit] |
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OVER 60? RETIRED? HERE ARE SWANK HOMES FOR YOU
CHD Developers Limited will build four exclusive townships across north India. Named Active Senior Lifestyle Townships, these will comprise flats and villas and be targeted at senior citizens, with an investment outlay of Rs. 1700 crore. The uniqueness of these projects would be that they will comprise only ground floor villas and only those above 60 years of age would be allowed to own a property here.
CHD Developers plan to develop 7,000 such homes and villas in these projects planned for the cities of Karnal (Haryana), Rishikesh (Uttarakhand), Mathura (Uttar Pradesh) and Neemrana (Rajasthan) over a total land area of 350 acres at an approximate cost of Rs 5 crore per acre.
The first of these townships is slated to come up in Karnal and will be spread over an area of 100 acres and have approximately 2,000 villas. The project is expected to be complete by 2011 and the estimated cost for the Karnal Township is Rs 500 crore. The project in Rishikesh will be the largest with 150 acres of land.
Courtesy:- HT dtd:- 4th Oct. 2008
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| OPPORTUNITIES IN THE SLOWDOWN |
| 10.06.08 (3:39 am) [edit] |
India is nowhere as vulnerable to the fallout of the US recession as its being fashionably assumed.
Despite all the misgivings about a so-called 'global recession' and the US sub prime crisis, it is a good time to be doing business in India For quite a while now, India's economy has been robust enough to sail through any turbulence. The country has the ability to show high single-digit growth rates for very long periods of time. Moreover, India is a savings-oriented nation that has a domestic savings rate of 33 per cent, which means it is better equipped to absorb the fallout of variations in the economy. This is more than what the extravagantly wasteful economies of most developed countries – including the US – can claim.
More specific to the property market – we are indeed witnessing a correction, but this is predominantly brought on by the sharp 200-300 per cent rise in property rates seen over the last two years. It is perfectly natural and expected that there would be an adjustment of such irrational growth.
Do we have a challenge situation on our hands? Yes, but it is one brought about by lack of faith and information.
The origin of the challenge does not lie in foreign markets, but our own. Nor is the challenge anywhere as big as it's being made out to be. India is nowhere as vulnerable to the fallout of the US recession as is being fashionably assumed. I'd like to point out here that according to the international credit rating agency Standard and Poor's, India and China are in the category of 'not vulnerable' countries.
Asia Pacific is only about India and China now. No other part is experiencing any exponential growth, and India is among the biggest growth drivers. Foreign players will continue to invest in India and China and cut back markets that are less of a priority, especially on the developed ones where investments take longer to pay off.
However, unlike China, India's growth story is a domestic market driven growth. India is better placed than China to withstand the worst effects of an economic downturn. China, unlike India, is more susceptible to the US financial crisis because it follows the East Asian export-led model of economic growth.
In any case, neither India's nor China's markets are particularly integrated with the United States, since both have market fundamentals that have separately evolved from the West over the past 60 years. China and India will not participate in a worldwide recession and will, in fact, be hedges against this. All the prophecies of doom that are floating around these days seem to rely on the erroneous assumption that the global markets are pulling out of India. The fact is that lenders and investors have merely become understandably and justifiably cautious.
We all know that there has been a slowdown of sorts in the real estate sector, but we are equally aware of the fact that this slowdown was predicted anyway, and that it is specific only to some overheated markets in the North and the recent stock market fluctuations. Some domestic investors have certainly sought to sell their holdings and withdraw from the property market. However, this does not represent the international investor scenario and is not even altogether bad news. It is, in fact, positive in the sense that real estate values are correcting in overheated pockets, leading to a brake on illogical land valuations. Major players are still making serious inquiries.
How will real estate companies deal with the current scenario? It is very clear that diversification and corporate performance will be the watchwords in the future. Of course, this is a time of change, and change often gives rise to uncertainty. But corporate history has amply displayed that strong companies that emerge even stronger in turbulent times always react to change with renewed focus and energy.
They react by improving their cost efficiencies. They do it by concentrating on business, maximising it and leveraging their intellectual capital. They do it by becoming more client-oriented, helping their clients tackle the economic situation more efficiently by changing their value propositions. The only real question is whether our collective entrepreneurial spirit will be encouraged or discouraged by the recession in the US. The current scenario will certainly separate the 'men from the boys'. In a recession, fortune favours the brave.
Courtesy:- HT dtd:- 4th Oct. 2008
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| Why do you want to improve your home |
| 10.03.08 (12:36 am) [edit] |
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Home improvement. What images flash across your mind when you hear these two words ? Do you think you will have to tear down your home and rebuild it ? Do you think you will have to hire hotshot contractors and architects from home improvement companies ?
Truth is, home remodeling and improvement can be fun, low cost and easy. You do not have to hire expensive professionals or tear your home down and rebuild it. Of course, hiring top contractors and architects would be a good thing to do if your budget allows it. But you do not have to.
That said, before you start on your home improvement project, you might want to begin by answering this one question ...
Log on to
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| Spaze Privy Avante at Sohna Road, Gurgaon |
| 10.01.08 (6:11 am) [edit] |
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Spaze Privy Avante at Sohna Road, Gurgaon houses 3BR + study, 3 BR+ sq and 3 BR + study apartments+garden and luxury penthouses. The main feature of Spaze Privy is the world-class security provided within the residential complex. Get 24 X 7 security systems with CCTV monitoring, Intercom connection and regular interval surveillance that will ensure you peace of mind for your loved ones.
specifications privy avante
structure
privy avante
3 bedroom+study+s.room 2375 sq.ft
sky avante
3 bedroom+study+terrace garden+s.room 2400 sq.ft
avante penthouse
5 bedroom+f. lounge+terrace garden+s.room 4700 sq.ft
flooring
living/dining/passage/stu dy room
imported marbie
imported marbie
imported marbie
master bedroom/all bedrooms
laminated wooden flooring
engineered wooden flooring (only in master bedroom) laminated wooden flooring
engineered wooden flooring
modular kitchen
vitrified tiles
vitrified tiles
vitrified tiles
master toilet
italian marble tiles
italian marble tiles
italian marble tiles
toilets
ceramic tiles
ceramic tiles
ceramic tiles
balcony/terrace
antiskid cermaic tiles
antiskid cermaic tiles
antiskid cermaic tiles
s.room/s.room toilet
ceramic tiles
ceramic tiles
ceramic tiles
walls
living/dining/passage/stu dy room/all bedrooms
acrylic emulsion paint with pop and punning
acrylic emulsion paint with pop and punning
acrylic emulsion paint with pop and punning
modular kitchen
ceramic tiles upto 2ft above counter with acrylic emlusion paint
ceramic tiles upto 2ft above counter with acrylic emlusion paint
ceramic tiles upto 2ft above counter with acrylic emlusion paint
master toilet
italian marble tiles upto 7ft
italian marble tiles upto 7ft
italian marble tiles upto 7ft
toilets
ceramic tiles upto 7ft with acrylic emlusion paint
ceramic tiles upto 7ft with acrylic emlusion paint
ceramic tiles upto 7ft with acrylic emlusion paint
balcony/terrace
exterior paint
exterior paint
exterior paint
s.room/*s.room toilet
oil bound istemper/* cermaic tiles upto 6ft with oil bound distemper
oil bound istemper/* cermaic tiles upto 6ft with oil bound distemper
oil bound istemper/* cermaic tiles upto 6ft with oil bound distemper
ceiling
living/dining/passage/stu dy room/all bedrooms/modular kitchen
part false ceiling (in borders) & in loft area for a/c units/ acrylic emulsion paint with pop and punning
part false ceiling (in borders) & in loft area for a/c units/ acrylic emulsion paint with pop and punning
part false ceiling (in borders) & in loft area for a/c units/ acrylic emulsion paint with pop and punning
master toilet/toilets
acrylic emulsion paint with pop and punning
acrylic emulsion paint with pop and punning
acrylic emulsion paint with pop and punning
s.room/s.room toilet
oil bound distemper
oil bound distemper
oil bound distemper
doors hardwood door frame with european style flush panel
hardwood door frame with european style flush panel
hardwood door frame with european style flush panel
windows
upvc/powder coated aluminium glazing & shutters
upvc/powder coated aluminium glazing & shutters
upvc/powder coated aluminium glazing & shutters
fixtures/fitting/other
living/dining/passage/stu dy room/all bedrooms
ceiling fans
ceiling fans
ceiling fans
modular kitchen
imported modular cabinets with granite/marble counter top with ss double bowl sink, imported cp fitting, exhaust fan
imported modular cabinets with granite/marble counter top with ss double bowl sink, imported cp fitting, exhaust fan
imported modular cabinets with granite/marble counter top with ss double bowl sink, imported cp fitting, exhaust fan
master toilet/toilets
jaccuzi (only in master toilet)/granite/marble counters, imported sanitary fixtures & imported cp fittings, provision for hot & cold water supply, exhaust fan
jaccuzi (only in master toilet)/granite/marble counters, imported sanitary fixtures & imported cp fittings, provision for hot & cold water supply, exhaust fan
jaccuzi (only in master toilet)/granite/marble counters, imported sanitary fixtures & imported cp fittings, provision for hot & cold water supply, exhaust fan
s.room/s.room toilet
conventional fittings & wc
conventional fittings & wc
conventional fittings & wc
common area
ground floor lobby
finished in italian/imported marble
lift lobbies
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| Spaze Privy Avante at Sohna Road, Gurgaon |
| 10.01.08 (2:40 am) [edit] |
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Spaze Privy Avante at Sohna Road, Gurgaon houses 3BR + study, 3 BR+ sq and 3 BR + study apartments+garden and luxury penthouses. The main feature of Spaze Privy is the world-class security provided within the residential complex. Get 24 X 7 security systems with CCTV monitoring, Intercom connection and regular interval surveillance that will ensure you peace of mind for your loved ones.
specifications privy avante
structure
privy avante
3 bedroom+study+s.room 2375 sq.ft
sky avante
3 bedroom+study+terrace garden+s.room 2400 sq.ft
avante penthouse
5 bedroom+f. lounge+terrace garden+s.room 4700 sq.ft
flooring
living/dining/passage/stu dy room
imported marbie
imported marbie
imported marbie
master bedroom/all bedrooms
laminated wooden flooring
engineered wooden flooring (only in master bedroom) laminated wooden flooring
engineered wooden flooring
modular kitchen
vitrified tiles
vitrified tiles
vitrified tiles
master toilet
italian marble tiles
italian marble tiles
italian marble tiles
toilets
ceramic tiles
ceramic tiles
ceramic tiles
balcony/terrace
antiskid cermaic tiles
antiskid cermaic tiles
antiskid cermaic tiles
s.room/s.room toilet
ceramic tiles
ceramic tiles
ceramic tiles
walls
living/dining/passage/stu dy room/all bedrooms
acrylic emulsion paint with pop and punning
acrylic emulsion paint with pop and punning
acrylic emulsion paint with pop and punning
modular kitchen
ceramic tiles upto 2ft above counter with acrylic emlusion paint
ceramic tiles upto 2ft above counter with acrylic emlusion paint
ceramic tiles upto 2ft above counter with acrylic emlusion paint
master toilet
italian marble tiles upto 7ft
italian marble tiles upto 7ft
italian marble tiles upto 7ft
toilets
ceramic tiles upto 7ft with acrylic emlusion paint
ceramic tiles upto 7ft with acrylic emlusion paint
ceramic tiles upto 7ft with acrylic emlusion paint
balcony/terrace
exterior paint
exterior paint
exterior paint
s.room/*s.room toilet
oil bound istemper/* cermaic tiles upto 6ft with oil bound distemper
oil bound istemper/* cermaic tiles upto 6ft with oil bound distemper
oil bound istemper/* cermaic tiles upto 6ft with oil bound distemper
ceiling
living/dining/passage/stu dy room/all bedrooms/modular kitchen
part false ceiling (in borders) & in loft area for a/c units/ acrylic emulsion paint with pop and punning
part false ceiling (in borders) & in loft area for a/c units/ acrylic emulsion paint with pop and punning
part false ceiling (in borders) & in loft area for a/c units/ acrylic emulsion paint with pop and punning
master toilet/toilets
acrylic emulsion paint with pop and punning
acrylic emulsion paint with pop and punning
acrylic emulsion paint with pop and punning
s.room/s.room toilet
oil bound distemper
oil bound distemper
oil bound distemper
doors hardwood door frame with european style flush panel
hardwood door frame with european style flush panel
hardwood door frame with european style flush panel
windows
upvc/powder coated aluminium glazing & shutters
upvc/powder coated aluminium glazing & shutters
upvc/powder coated aluminium glazing & shutters
fixtures/fitting/other
living/dining/passage/stu dy room/all bedrooms
ceiling fans
ceiling fans
ceiling fans
modular kitchen
imported modular cabinets with granite/marble counter top with ss double bowl sink, imported cp fitting, exhaust fan
imported modular cabinets with granite/marble counter top with ss double bowl sink, imported cp fitting, exhaust fan
imported modular cabinets with granite/marble counter top with ss double bowl sink, imported cp fitting, exhaust fan
master toilet/toilets
jaccuzi (only in master toilet)/granite/marble counters, imported sanitary fixtures & imported cp fittings, provision for hot & cold water supply, exhaust fan
jaccuzi (only in master toilet)/granite/marble counters, imported sanitary fixtures & imported cp fittings, provision for hot & cold water supply, exhaust fan
jaccuzi (only in master toilet)/granite/marble counters, imported sanitary fixtures & imported cp fittings, provision for hot & cold water supply, exhaust fan
s.room/s.room toilet
conventional fittings & wc
conventional fittings & wc
conventional fittings & wc
common area
ground floor lobby
finished in italian/imported marble
lift lobbies
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| BANGALORE |
| 09.29.08 (6:15 am) [edit] |
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Global Mall, But Rooted In India
What is going to be the final destination of Bangaloreans and out-of-town visitors? This is the Sobha Global Mall, one of the largest in India, symbolising the Sobha Group's maiden entry in retail development. Davanam Constructions Pvt. Ltd is its partner in this venture. The Rs 1500-crore malls will be constructed on 17 acres of land.
Located in the heart of Bangalore, the mall promises a larger than life "shoppertainment" experience for all its visitors. There will be a futuristic amusement park, a world-class ice skating rink, superior residential and business towers, a convention centre and a 192-room hotel. Over 4500 cars can be put under covered bays.
With a super built-up area of 2.8 million square feet, this outstanding complex will be developed on the old Minerva Mills site. Supported by all forms of transport, the mall will be easily accessible from most parts of the city. It intends to be a one-stop destination where everything from high-end to economy shopping and exciting recreational activities for all age groups will be available.
The project would be developed by Sobha Group from its internal resources and debt. The proportion has, however, not been finalised. Davanam Constructions, which owns the land, would be given a certain percentage of the developed property. Sobha intends to run the mall and the additional facilities by itself.
The totally integrated mall complex, to be developed in about two years on the 17-acre land bought by Davanam in an auction, will have a modular mix of hyper market, home store selling furniture and household fittings, hotel and amusement centres with large screen multiplex.
This is the first time that the company would be entering the hotel business directly. It would be looking for a tie-up with a marketing brand rather than a management brand for its hotel.
After the Infosys building, the Sobha Global Mall is all prepared to set a trend, a benchmark for other retail developers and become a landmark of Bangalore.
Courtesy realty plus
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| PAL CITY PARK |
| 09.25.08 (2:34 am) [edit] |
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PAL Infrastructure and Developers Pvt. Ltd. is aventure of Pal Group. The Group has a strong presence of over 10 years group has carved a niche for itself in the urgeoning field of real estate development and construction. The Group is developing and creating world-class group housing and commercial space, in prime locations.
PLC (Preferential Location Charges)
Corner Park Pool Park First Second Third
Rs.50/- Rs.50/- Rs.50/- Rs.100/- Rs.75/- Rs.50/-
Specification
All bedrooms will have individual Air Conditioners
Description Area Floors W alls/Ceiling Doors Window s
Lift Lobby Granite/Marble
Living/Dinning Living/Din ning Verified Tiles OBD/Acrylic Paint with European Style Aluminum/UP/ VC/Hardwood
Flush Panel
Bed Rooms Master Bedroom Wooden Floor OBD/Acrylic Paint Hardwood door frames with European Style Flush Panel Aluminum/UP/ VC/Hardwood
Other Bedrooms Verified Tiles
Kitchen Modular Kitchen with Granite Top Antiskid Ceramic Tiles 2 Ft. high Ceramic Tiles above Counter Hardwood door frames with European Style Flush Panel Aluminum/UP/ VC/Hardwood
CP Fittings with Steel Sink
Toilets Colored/White Sanitary fixture, CP fittings, Provision for hot & Cold water Supply Antiskid Ceramic Tiles 7 ft. Ceramic Tiles Hardwood door frames with European Style Flush Panel Aluminum/UP/ VC/Hardwood
Balconies Antiskid Ceramic Tiles
External Facade Permanent texture/paint finish
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| WELCOME TO INDIAAH! |
| 09.19.08 (5:34 am) [edit] |
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The day has come when the Indian real estate industry is being looked at by the international real estate players as a venue to invest in.
At a time when India Inc is making its presence felt under the global spotlight, back home its real estate sector is offering one of the steepest returns in the Asia-Pacific region. No wonder, real estate giants from world over are now considering India as their next destination. If EMAAR, UEM Malaysia and Tishman & Speyer are already here, knocking at the Indian door are Salim Group, Donald Trumph Corporation, Liberty International, ETA Star and others. Reasons for this have been the booming Indian economy, favourable demographic transition and liberalised foreign direct investment (FDI). "With relaxation of the FDI ceilings, India has become a hot spot in the real estate investment. A closer look reveals that Indian realty is expected to grow from the current USD 14 billion to USD 102 billion in the next 10 years. It's apparent why foreign players are making a bee-line to India in this sector," says Rohtash Goel, MD, Omaxe. Noteworthy is the fact that almost all foreign real estate players coming to India are inclined to tie-up with a strong Indian counterpart. Industry leaders say it is primarily because it becomes difficult for a foreign realty company to invest and do good business overnight. "These tie-ups are also because the ways of land procurement, methodologies to reach out the right land in proper price are best known by the Indian professionals with knowledge and understanding," explains Kunal Banerjee, President, Ansal API.
Greeting foreign players in the Indian market, major real estate consultancy firms in India anticipate the tie-ups will result in projects of higher international quality and usher in sustainable 'green' buildings. "I don't see any possibility of direct competition in Indian market because of alliances. They will be complimentary to each other in developing superior design, structural integrity and cutback in environmental impact," opines Anshuman Magazine, Chairman and Managing Director, CB Richard Ellis. While the Indian players have advantage in terms of due diligence and land resources, the international experts will be contributing by way of greater transparency, technology, sustainability practices which will improve the quality bar for local players. "The challenge brought on by the arrival of international developers has also catalyzed a nationwide manhunt for highly trained human resources in the real estate sector," says Raminder Grover, CEO, Homebay Residential, and Jones Lang LaSalle Meghraj.
And here is a piece of good news for the urban Indian middle class as well - Indian real estate players share a chorus to assure that the middle class will be benefited more with the arrival of foreign players in India since it will bring in better infrastructure and value for money. "The middle class Indian should thank the inflow of foreign capital as it will boost supply of realty to meet existing demand. This will bring the prices under a check, and in turn opens greater accessibility for the middle class to reach out to real estate," says Ajay Midha, Director, Marketing and SEZ, Raheja Developers Pvt Ltd.
Courtesy:- ET dtd:- 19th Sep. 2008
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| Rishikesh & Haridwar |
| 09.18.08 (10:14 pm) [edit] |
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Gateway to the Chardhams-Badrinath, Kedarnath, Gangotri & Yamunotri, these twin pilgrimage have around 300 units under construction and are witnessing a boom in real estate development. The areas have witnessed a rise in prices from a mere Rs.700/- per sq.ft. In 1990 to around Rs.2500/- per sq. ft. as on date. With land still available at low prices compared to larger cities, supported by improved infrastructure, these religious destinations are witnessing a rise in demand with investors looking at combining their spiritual need with a long term investment decision. The state industrial corporation is also developing a SEZ on the outskirts. Over 250 industries are also being set up in these cities which will be the prime driver for housing need in the near future.
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| Moradabad |
| 09.18.08 (12:30 am) [edit] |
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Lying on the NH-24 and well connected with Delhi, Lucknow, Bareillly, Patna, Haridwar, Howrah, Amritsar, Moradabad is witnessing some fast paced industrial & commercial developments in Moradabad, this can largely be attributed to the town's location and accessibility. There are plans to develop Garhmukteswar (Near Moradabad) on the lines of Hridwar. To accommodate the city's burgeoning population, the Moradabad Development Authority (MDA) has recently carved out 16 new sectors on 900 acres of land called New Moradabad.
Currently, average plot prices in New Moradabad range form Rs.4500-500 per sq. mtr. And in Ramganga Vihar Rs.8000- Rs.10, 000/- per sq. mtr. . There has been anincreaseinprices by 20-30% in the last two three years. Prices are expected to rise further by 40-50% in the coming years.
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| 2 BHK Flats For Rent in Noida |
| 09.17.08 (1:30 am) [edit] |
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They offer professional services for sale, purchase, renting and even construction services on both self-owned and turnkey basis. Also get property deals for 2BHK, 3 BHK Flats, independent houses, retail shops, mall spaces, office complexes etc. in Noida, Greater Noida, Faridabad, Ghaziabad, Indirapuram, Delhi, Bhiwadi, Gurgaon and other cities in NCR.
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