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A Brief Note On Noida Real Estate Scenario

Known to be the largest planned industrial township of Asia, Noida witnesses an ever expanding real estate market. The town is an emerging destination for foreign direct investments. The projected development of civil society has initiated rapid construction of state-of-the-art housing and commercial complexes in the city.

Due to the sealing drive against the unauthorized establishment of commercial businesses in Delhi, Noida authority has sold around 304.5 acre plots worth Rs 2,557 crore to five of the top notch real estate developers. The following are some information on the latest activities in the Noida real estate arena.

Noida Real Estate Scenario

The plots that are alloted to the five developers by the Noida development authority are in sectors 112, 113, 115, 116, 117 and 118. Unitech has been alloted with two plots 71 and 54 acres at the cost of Rs 1,050 crore. For 72 acres, Parsvnath Developers has paid a sum of Rs 602 crores, Omaxe has paid Rs 307 core for 37 acres, Ambience has paid Rs 323 crore for 37.5 acres and IVCRL has paid Rs 274 crore for 33 acres.

According to Rakesh Bahadur, chairman Noida Authority, the demand for office and commercial spaces in Noida. MNCs and big corporate houses are gradually expanding their bases in the city.

According to real estate experts, the insufficient availability of land in Delhi has caused the development of real estate in the suburbs. Noida scores over all other suburbs like Gurgaon and Faridabad due to the advantage of better connectivity. Noida is well connected to Delhi through the toll bridge and the expressways.

Not only good connectivity, the well developed social infrastructure of the city is far better than the rest of NCR. Hence, the future prospects of Noida are really fine.

The price for residential real estate in the newly developed areas varies from Rs 25,000 per sq m to Rs 50,000 per sq m, while the reserved parking for grouped housing is Rs 3,000 to Rs 4,000 per sq ft. while the price ranges from Rs 50,000 to Rs 75,000 per sq yrd. in case of commercial spaces.

With the completion of the Taj Express Way by 2013, the real estate prices are estimated to be increasing even further.

South Delhi The Most Happening Residential Place In Delhi Property Market

South Delhi is the most happening residential place in Delhi property market. The major residential localities in South Delhi include: Ashram, Amrit Puri, Alakananda, Anand Lok, Amar Colony, Bijwasan, Bhogal, Bikaji Cama Place, C.R. Park, Defence Colony, Central Market, Delhi Cantt, Dilshad Garden, East Of Kailash, Deoli Village, Freedom Fighter Colony, Ghitorni, Friends Colony, Gautam Nagar, Golf Link, Hauz Khas, Green Park, Greater Kailash, Gulmohar Park, Jasola Vihar, Kailash Colony, Jungpura, Jasola Vihar, Jamia Nagar, Kailash Colony, Lajpat Nagar, Kalkaji, Khan Market, Nehru Place, Munirka, Mahipalpur, Mehrauli, Malviya Nagar, Malviya Nagar, Netaji Nagar, Okhla, New Friends Colony, Nizamuddin, Okhla Industrial Area, Niti Bagh, Safdarjung Enclave, R K Puram, Panchsheel Park, South Extn., Sudarshan Nagar, Sheikh Sarai, Saket, Sangam Vihar, Sarojini Nagar, Sarita Vihar, Sarvpriya Vihar, Vasant Vihar, Sunder Nagar, Vasant Kunj, etc. Being the most prominent residential parts of Delhi, the real estate market in these locations of South Delhi is vibrant with talks, deals and transactions.

South Delhi has been rated to be the most preferred residential place of most of the people who look for a hassle-free accommodation. Be it businessmen, corporate executives, government servants or public sector employees, South Delhi is their first choice when residential property matter is concerned. This has made property market in this location very much vibrant and active. Hotel Leela Ventures Ltd. alone has invested recently Rs.611 crore in this region primarily because of the popularity of this place. It was through a highly competitive bid the Leela group acquired the property. The group outbid other players such as Emaar-MGF, Indian Hotels, Uppal Builders, ITC, Park Hotel, Positive Builders, etc. to grab a 3-acre estate in the heart of Delhi by paying a hefty sum of Rs.611 crore against a reserve price of Rs.300 crore. Reportedly, this high priced plot is to be changed into deluxe apartments and other residential complexes.

There are reasons for the upward trend in South Delhi residential property market. A high-paying corporate sector, Central and State Governments’ salary hike, presence of world class property developers building trendy residential units, etc. have lent a fillip to the real estate market in the region. Estimably, property values are to go up in the coming years as there is a mismatch in the demand-supply matrix. The national capital of India, a leading industrial centre, the primary educational centre, etc. are factors which trigger migration to Delhi and this in turn has augmented the demand for residential property in South Delhi. However, a number of mega residential unit projects of the major infrastructure development companies are going on at different locations in the city.

Choosing An Energy Star Home

When you make the decision to build a new home, you want a builder who will provide the highest quality at an affordable price. Many Knoxville home builders can offer competitive prices but when you are investing in a new home, you want the best. Home ownership is a great investment, but it can also cost a lot of money over the years. You can save in future ownership costs if you choose a builder who can build an Energy Star qualified home.

What Is Energy Star?
Energy Star is an international, governmental standard for energy efficiency in consumer products. When you own an Energy Star home, you have a home that performs better than most homes in America. Your cost of upkeep and ownership is reduced, and your home will last longer without the need for repairs.

What Makes a Home Energy Star Qualified?
Energy Star homes have higher standards for insulation and water management. In an Energy Star home the walls, floors, and ceilings are all tightly sealed and properly insulated to reduce drafts and leaks. Proper insulation not only provides lower energy costs, but also better air quality. Energy Star homes will have protection from more pollen and dust then regular homes.

Energy Star homes also must have efficient water management systems. There must be a way to direct water off of the roof and away from the foundation. This keeps your roof in better condition for longer, and protects the foundation from water damage.

Benefits Of Buying Property In Gurgaon

When it comes to buying property, Gurgaon is a fabulous location for property investment as it has ideal combination of wide open industrial areas and good transportation facilities. In the last decade or so, Gurgaon has made swift growth and it has become one of the important industrial hubs of North India. The massive expansion in mechanical and IT sector has attracted big multinational companies to open their ventures in Gurgaon. One needs to have a good knowledge of property to buy sell property Gurgaon.

Clients can buy, sell and rent property at Ray White Gurgaon with assurance. The company possesses all the experience to provide best real estate services. Companys precise local expertise ensures its clients that no stone remains unturned in finding an ideal property for the clients according to their needs. One doesnt buy property daily; hence it is very important to invest wisely.

Here are few tips which will help clients when they go to buy property:

When going to buy a property one must have a clear idea on the things he is going to do on the property.

It must have a good surrounding view and community so the one can live happily throughout his life.

Clients must show eagerness in knowing the exact background of the property.This is very important as some properties might involve family massacres and crime that can spook customers in the long run.

Check property papers properly before making payment.

Gardens and terraces are very important. Its really amazing how customers react to an inspection asking for greenery outside their homes. These little things make a huge difference at the end of a deal.

The demand of property has increased in the city as more and more people are coming here in search of better jobs. To fulfill the demand of people, property developers in Gurgaon are developing commercial, residential and retail space in all the major areas of Gurgaon. Ray White Gurgaon is looking to offer quality property services to its clients at affordable rates.

Ray White is a dedicated property management team of professionals which helps customers to rent property Gurgaon. Home is the most valuable asset one will ever own hence it is very important to be realistic and always keep an eye on budget and limitations. Be clear about your specifications and tell the dealer about requirements and budget.

Ray White Gurgaon is a specialized organization in the area of real estate services which keeps track of the right facts and up-to-date knowledge of estate market. The company qualifies real estate developers and suggests their projects after inquiring the credentials like land banks, undergoing projects, executed projects, track record of the company and other such things closely. While buying ready to move villas, homes, apartments held by private owners; Ray White checks out solicitors to make sure that there is no chance of fraud. When it comes to buy, sell or rent property, Ray White offers best options to maximize customers returns.

Free Advice On French Lease Back Property

French leaseback property, also known as LMNP, for lou meubl non-professionel, was introduced in the early 1980’s by the French government to increase the quantity of holiday accommodation available.

French leaseback investment property

French leaseback property is principally bought for investment purposes and is a relatively low-risk, hassle-free, long-term, steady rental income investment that receives substantial tax benefits. Put simply, it is a guaranteed rental income scheme.

Leaseback property, which is freehold, is leased back’ to a pre-selected property management company for a fixed term, usually between nine and 11 years, but which can extend to 18 years from inception. The management company furnishes and lets the property, providing a guaranteed rental income. The guaranteed rental income tends to range between 2.5% and 6% per year depending on the property, its location and whether or not you will be taking holidays in it. Different management companies offer different rental incomes.

Buying property in France

When buying French leaseback property it is important to check the contract to ascertain the amount of personal usage allowable per year, as this can vary.

At the end of the initial fixed term and depending on the contract, you can either: exit the lease or renew it with the management company. At this point you should be able to negotiate your rents upwards. It is very important that you check the terms of the contract and the reputation of the management company.

Whilst capital appreciation can occur, leaseback should principally be viewed as a means for receiving a guaranteed rental income (yield).

French leaseback property tax advantages

French leaseback property attracts significant tax advantages. Under the terms of the scheme, leaseback property qualifies for a 19.6% VAT rebate, for example, if the price of your leaseback property is 100,000, the VAT saving means that you only pay 83,612. Additionally you can benefit from not having to pay any capital gains tax if you keep your property for 15 years.

Another major benefit for investors who do not take any personal usage is the possibility of it being placed within a SIPP (Self Invested Personal Pension). Whilst it is dependent on the SIPP manager whether or not they will accept the property, placing property within a SIPP attracts major tax advantages. See our SIPP property section for a further explanation of the associated tax benefits.

Readco Condominium Management Services To Ease Your Routines!

Todays lifestyle has become a high speed train with no breaks! All of us have some place to go, some work to finish and some deadline to meet. We seldom find any time dedicated to one task, its always a race and we find ourselves multitasking. We sometimes just wish our routine would consist of some more hours and we could have dedicated time for each daily routine. But tough luck, thats not how life works. We have to manage office work, home routines and everything in the given 24 hours of the day! This makes us worry about our most precious possession our property. Special attention is required for property management. Negligence could lead to monitory losses. This also applies to condominium management.

We at Readco Condominium specialize in exactly this. We assist home owners and condo associations with property management. Based in Connecticut, we have been providing condominium management services since 1996. Our motivation is the enhancement of clients quality of life and value of the property. We ensure that we manage all the property related work and you can continue with your daily routines rest assured that your property is in professional hands. Our team portrays professionalism, responsiveness and experience in management, and we ensure that we provide you with flawless services. Our team consists of professionals from all areas of expertise, be it financial advice, planning or strategizing, or legal, management, statistics, reporting. We shall appoint a property manager for your individual account so as to ease communication. He shall be the point of contact for all your property related queries. We shall ensure that the communication is transparent and there is no concealing of any information. We believe in building long term relationships with customers by building trust and credibility.

Condominium management services require knowledge of all the rules and regulations of local bodies and also accurate knowledge of financial aspects in property management. Our professionals are experts in these areas and shall flawlessly manage all the aspects giving home owners and condominium associations absolutely no reason to worry about. Our services are directed towards acquiring, developing and managing your property and ensuring that you get appropriate results. We also provide you with detailed reports stating the work done. Your property manager shall be able to provide you the report as and when you demand. We also work with utmost business ethics. Customer satisfaction is our prime goal and all our work is directed towards achieving it!

Right from drawing up a contract, vendor management, procurement and processing of claims, our team ensures that all the best practices are followed and ensures that there is total compliance with all the rules. Home owners and condominium associations are informed at every stage about the progress of any activity and that is exactly why we believe that a dedicated property manager will be beneficial for you to get quick access for any queries. You can now better manage your routines and leave the stressful task of condominium management to Readco Condominium.

Growing Indian Real Estate Market


India’s real estate market is on a high growth curve and is today one
of the fastest growing market in the world. It is categorized into four
sub-categories such as housing, retail, hospitality, and commercial.
While housing projects contributes six-seven percent of India’s gross
domestic product, the remaining three sub-categories are also increasing
at a fast pace. The Indian real estate is an infrastructure services
that is driving the economic growth of the country. The role of
Government of India has been instrumental in the real estate
development. There are many developer and buyer friendly policies which
are introduced by government.


The market of India real estate stood at US $ 56.2 billion in the
survey of 2010-2012 and expected to touch US $ 179.9 billion by 2021.
The market is expected to grow at the compound annual growth rate of 20
percent in the period of 2011-2014. With first series the modern cities
expected to account for about 45 per cent of this growth.

The
top eight metropolitan cities such as Delhi-NCR, Mumbai, Bangalore,
Chennai, Hyderabad, Pune, Kolkata and Ahmadabad have maximum office
space absorption were up to 59 per cent during January-March 2014 as
compared to periods of last year. During the period of January-March
2013 Ahmadabad and Delhi-NCR recorded a threefold increase in net
absorption.

In the first quarter of 2014 number of new
residential projects launches with 56,000 units across eight
metropolitan cities and Bangalore recorded maximum number of units at an
increase of 21 per cent at 17,838 units, followed by Mumbai and
Chennai, according to a report by Cushman & Wakefield.


Indian real estate has large number of investment opportunities, all
corporates look to expand businesses, India is expected to witness major
demand for office space in 2014. Office space absorption across the
country’s seven major cities is likely to increase ten per cent this
year to 30 million square feet, according to global real estate
consultant.


The retail space absorption by the top eight metropolitan cities is
expected to more than double to 12.7 million square feet in 2014 and
this will take up the retail space across India’s modern cities to 88.6
million square feet by the end of the year according to a report by
Jones Lang LaSalle.

Real estate construction development sector,
including township, housing projects, built-up infrastructure and these
projects garnered total foreign direct investment (FDI) worth US$
24,211.54 million in the period April 2001-January 2014. Infrastructure
activities during the period received FDI worth US$ 2,539.58 million
according to the Department of Industrial Policy and Promotion.


Indian real estate has some major investments and developments such as
Somany Ceramics plans to invest Rs 160 crores for capacity expansion and
brand building, Lodha Developers has invested Rs 1,254 crores for
acquired Clariant Chemicals’ 86-acre plot of land in Thane, Mumbai,
Xander Group has invested Rs 360 crores in Kapstone Constructions,
Ambience Group plans to invest about Rs 1,80 crores over the next four
years to develop two housing projects in Noida and Gurgaon, comprising
1,100 housing units and Vardhman Group invest $70 in Vardhman Camellias.

The market of real estate is expected to result in high
transaction activity, eminently in income yielding commercial office
equity during 2014.The country still needs to add number hospital and
educational institutes to meet the global average.