Friday 16 November 2012

Mumbai: The Home Buyer’s Preferred Destination


On the Western coast of India lies the city of Mumbai. Popularly known as the city of dreams, Mumbai is witness to lakhs of professionals vigorously chasing their dreams and aspirations. These professionals are the primary reason which drives the Real Estate Sector of Mumbai towards its fast growth and profitability. For many such professionals and business-class people as well, Buying Home in Mumbai is an investment which is always profitable. There are also reasons apart from the profitability which make Mumbai the dream destination of the Home Buyer.
It is an oft-heard remark that homes and properties in Mumbai have prices which cannot be afforded by the common man. However, this is not true about all the places in Mumbai. Homes in the developing areas of Mumbai can be bought at affordable prices. The fast rate at which Mumbai develops ensures that these areas get developed in no time. If the budget allows it, then there is profit in Buying Homes even in the developed areas. The value of the property doubles up in no time as the prices skyrocket.
Region-Wise Property Rates
In Eastern Mumbai, the property rates start from a very affordable Rs. 1200 per square feet approximately at areas like Karjat & Badlapur and can go as high as Rs. 29900 in areas like Dadar.
The scene in Navi Mumbai is a tad different as the rates do not vary to a great degree. Buying Property in Airoli and nearby areas will cost around Rs. 4000 while Panvel Properties will set you back by over Rs. 6000 at present.
Property rates touch higher when you go for buying homes in the Western Suburbs of Mumbai and the scene is more or less the same for South Mumbai.
So Many Choices!
If the Home is for personal use, one near the workplace can be easily found. The Real Estate of Mumbai is a fully developed market and the different types of homes that are available, provide ample options to the Home Buyers. Even if the Home is to be rented out or re-sold, it is also viable option in the Real Estate of Mumbai. Due to the growing population of Mumbai and the influx of professionals from different fields, renting out or leasing out of the property can be easily done.
The Real Estate of Mumbai saw the opportunity of foreign currencies when professionals from abroad landed up in Mumbai. It promptly presented Furnished Homes in the style of American households and made use of the opportunity.
Buying a Home in Mumbai is one of the safest investments, as Mumbai’s fast growth and development and the rising population ensures that the rates of properties keep rising. This is why the Home Buyers prefer Mumbai for their investment

Real Estate Sector In Chennai


Real Estate Sector in Chennai is traversing an upward path. The growth has been steady and promises much more in the coming days. There are several factors that can be credited for this upsurge. Chennai’s aesthetic geographical location makes it an ideal place for both residential and commercial set-ups.
Easy accessibility to the city plays a very crucial in the growth of Real Estate Sector in Chennai. Chennai is very well connected through sea, road and railway networks. Certainly these modes of transportation encourage the industrialists to come to the city and explore the business opportunities. With the expansion of Chennai’s economic base, the demand for the growth of realty sector is bound to increase.
If we talk about Chennai’s Real Estate Sector, it can be classified into three broad categories; commercial, residential and retail. The residential real estate sector in Chennai relatively shows much scope of growth when compared to other Indian cities. There are some prime locations in Central Business District (CBD) area. These locations include Alwarpet, Nungambakkam, Egmore, Mylapore, etc. New residential projects are being approved for these locations.
The commercial Real Estate Market in Chennai is also booming. IT/ITES companies prefer this city and thus the demand for office space, industrial set-up, etc. is on the rise. When talking about retail real estate sector, malls are mushrooming and hypermarkets have developed. The policies of the state government are encouraging the investors thus giving the impetus to the Real Estate Sector.
As far as Realty Sector is concerned, it would not be an exaggeration to say that in the upcoming years, Chennai will be stiff competitor for other major cities in India. Infrastructure, accessibility, location, government policies, etc. are some of the factors that will lead real sector in Chennai to new heights.

Get Affordable Property Deals in NOIDA


NOIDA has set an example for the rest of the growing cities in India. NOIDA’s growth journey too is marked by hiccups but the eventually the achievements have been great. If you look back a decade ago, NOIDA was staring at an uncertain future under the shadow of national capital. But in the end, the close proximity with Delhi proved to be a blessing and played its crucial role in giving impetus to the town’s rapid growth and development.
NOIDA has emerged as a hub of industries. Huge investments by IT companies, MNCs and big corporate houses have set the things going. The town has excellent road and rail connectivity; the infrastructure is fantastic; and the investments are pouring. There cannot be a better place for Real Estate Investments. Property Dealers in NOIDA have sensed the opportunity and latched on it with both hands.
Property Dealers in NOIDA are keen in facilitating property deals both for commercial and residential purposes. The reason is that there are huge margins in both cases. On the other hand, investors should too seize this opportunity and the returns are really promising. Buying, selling and renting residential flats/apartments in NOIDA has become a hot business you can bag affordable property deals through established Property Dealers only.
Residential flats/apartments are available at affordable prices in Sector 14, 15, 27, 28, 29, 37 and 44 in NOIDA. Now the question arises how to get these flats in the best prices? Property Dealers can be of real help. But you need to do your homework before contacting one. Browse over internet, gather details, use your discretion to analyze the efficiency of several dealers and then go for one. With their huge network and acquaintance with the trade, Property Dealers will certainly get you through a good deal.

About Flats or Apartments in Metropolitan Cities


Life in Metropolitan cities is said to be very fast-paced. One begins the day rushing to the metro station and evenings too are not much different. Yet, these big cities witness maximum levels of emigration. Have you ever imagined why people are attracted towards Metropolitan cities? The answer is one “To make it large”. Yes, Metropolitan Cities have those infrastructural facilities, those big opportunities, those luxuries and those amenities that are yet to reach small and developing cities and towns.
Certainly there are numerous temptations. Specifically, if we talk about Real Estate Business in Metropolitan Cities, there is much on offer and the only thing you need is to grab the opportunities smartly. Metropolitan Cities are hubs of IT companies, BPOs, MNCs, and other big enterprises.  Job opportunities are vast and thus these cities experience major influx. To accommodate more and more people Real Estate Sector in these cities has really taken long strides. You can see new commercial and residential structures emerging within days.  New projects start and get completed within matter of time and that too with the best of facilities.
In such a scenario, it is not difficult for you to find flats or apartments with better facilities. You may have to pay quite a few bucks, but the investment is a promising one and will fetch great returns in future. You can buy flats nearby your office to make commutation easy and less time taking. There are various options; in case you are bachelor you can go for 1 BHK flat otherwise there 2BHK and even 3BHK flats available at affordable prices.
When buying flats or apartments, you must conduct a thorough research and seal the deal only when you find that all the documents are genuine. It is better to seek professional assistance as Real Estate Agents are seasoned guys and know all the tricks of the trade. They may eventually guide you in getting a better deal.

Indian Real Estate Investors: Opportunities Galore


Why do people invest in real estate? It is a crore rupees question if you are in India now! India has become a major beneficiary of the globalization of the Real Estate with a population over billion and a liberalized Foreign Direct Investment (FDI) policy. India’s real estate market, at present, has become an investors’ dream come true with a dramatic surge in growth rates that are looming around 30% per annum. Strong macroeconomic fundamentals and the changing economic and demographic profile of India are the icings on the FDI cake feasted on by Real Estate Investors from different parts of the world. The world is indeed becoming ‘flat’ in terms of global real estate investment as cross-border capital investment is on the rise wiping out those physical barriers between nations, thus increasingly forming a common global market.
Some of the key drivers of the recent boom in the Indian Real Estate Investment Market are:
1)    High Rise in Consumption
2)    Diverse Demographic Characteristics
3)    Inflow of Large Foreign Capital (thanks to FDI in Real Estate Investment!)
4)    Service and Knowledge Economy
5)    Rapid Urbanization and Rising Population
The growth is predicted to be more or less the same in all verticals of real estate viz. Housing, Retail, Hospitality and Commercial owing to the factors mentioned above. Real Estate Investment remains a long-term investment prospect with most of the major drivers driving the Indian Real Estate Investment promising to be available for a long and secure period. Improved market transparency like availability of reliable market data for the office and hotel sectors in India’s main cities and towns, is another major plus point for the inflow of Foreign Investors. Easy exit options with liberalized government regulations have also helped in gaining confidence of the Investors. Everything points to the Indian Real Estate Market as the ‘next big thing’ in the world investment sector.

Buy Residential Land For Your Dream House


A property deal is a very crucial task as it involves huge amount of investment in terms of money. Whether it is buying or selling a property, both require considerable amount of effort, money and time to be invested, in order to get a profitable deal. But when it is comes to buying a property, in this case a residential land, the risk becomes double. This is because even a little miscalculation or overlooking on the part of the buyer can backfire and result in loss of investment or property disputes in the worst case scenario.
Buying a residential land is the first step in building a dream house for many people. To ensure that this dream doesn’t turn into a nightmare, there are some tips you can keep in mind while buying a residential land.
Check Points To Consider While Buying A Residential Land
  • Clear Title – One of the foremost factors to ensure that the title is in the seller’s name and he holds absolute ownership of the land. Get hold of a professional and make sure that all the legal property documents are up to date. Check for hidden clauses or any irregularity to avoid any hassles.
  • Property Valuation – Before buying a residential land, get the property valued by experts to ensure that you are getting a fair deal.
  • Govt Regulations – Check whether building a house on the residential property will not flout any government regulations, building laws, etc.
  • Basic Amenities – Make sure that your property has access to basic amenities like drinking water, electricity connection & so on.
  • Connectivity & Accessibility – Having a well-connected & accessible property is not only vital for those living there, but also increases the future resale value of the land. Good roads, connectivity to major hubs, proximity to hospitals/railways/airport all have impact on making your living experience a great one.
Keeping all these factors in mind will ensure that you do not face any hassles after buying the residential land & you are able to realize your dreams of a beautiful house.

Reliable Property Dealers in Delhi


With a number of Real Estate Companies cropping up in Delhi, it becomes quite a task to locate a reliable one. Although, Internet is an information highway yet people are skeptical about the details that are furnished online. How to find reliable property dealers in a city like Delhi remains a big question? Here are some tips to help you in the selection of reliable property dealers.
If you want to buy or sell a property you have to go to a real estate dealer or agent who is well established and has good experience in this field. It is always difficult to choose when you have the option of many. In that case, a bit of research is the best way to go. You may enquire about dealers’ previous projects to get a fair idea.
Real estate industry is swamped with an unbelievable number of property dealers. It is difficult for someone to get an advice on what is the best possible deal. One can find plenty of options in Delhi. It is advisable to go for a Property Dealer that offers a wide range of services. This will ensure that your diverse requirements in case of buying or selling a property are fulfilled. For example, the current crop of Property Dealers in Delhi offers a comprehensive range of services to the customers. These services include locating plot for construction of residential or commercial building, assistance in buying or selling commercial or residential property, guidance in leasing and renting, construction consultation services, etc. Also consider the one who is able to give you maximum choices and can accommodate your requirements and budget constraints at the same time.
Commonly referred to as Real Estate Agents, the Property Dealers In Delhi have come a long way in terms of offering organized and reliable services. Owing to their specialized understanding of the field, they play significant role in the real estate market in Delhi and thus the onus lies on you to select a reliable property dealer.

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