Gurgaon; Millennium city greets the reviewed norms

Delhi NCR has been known for its strategic location and its contribution to commercial growth in Indian economy. Expansive urbanization has steered a massive influx of immigrant population in this region over the last decade. Subsequently, ecology in Delhi NCR has undergone many restructuring initiatives to sustain this quantum of commercialization and growing population.

Gurgaon also popularly known as ‘Millennium city’ has absorbed a prominent share of commercial growth and population burst. Most of the immigrant population constitutes salaried class and they prefer an ‘integrated’ lifestyle. Integration predominantly refers to proximity of schools, hospitals and shopping marts to their residencies. Hence the working class immigrants have welcomingly opted for high/mid-rise apartments for their habilitation. However, such a magnitude of demand for housing and commercial space was unannounced for this town. Therefore, high-rise residencies have rapidly proliferated and Gurgaon has turned into a full-fledged business district in a very short span of time. The persistent demand for construction has put immense pressure on limited availability of land in Gurgaon. 

Recently, the growing paucity of land encouraged government to constitute an investigation committee for recommending resolution to the problem of land scarcity. As an outcome of these recommendations, Environment and Forest ministry at the center has decided to delegate decision making powers. The state governments according to new rulings will be capacitated to locally formulate statutes for high-rise residencies in different states. This ruling has been welcomed by builder associations all throughout the states in India.  Gurgaon specifically needed favorable norms to complete the under-construction residential and commercial projects. Numerous Indian and Foreign service sector companies have their head and corporate offices in Gurgaon. With expanding operations and scope of trade, there has been a parallel increase in demand of office spaces and residences. This ruling will help permitting more high-rises to be accommodated here and subsequently overcome the mounting pressure from scarcity of land.

The collaborative decision has been taken in due consultation with administrative committees and real estate experts.  The new guidelines would further enhance construction scope in this region as the developers would get free from their blocked investments owing to lack of clearances from ministries. The government has made sure to implement this ruling with a strategy for future sustenance. Specifications for width of approaching roads to localities and proximity to firefighting stations have been laid down to be dutifully adhered for construction. 

The relaxing of norms by the union government has been opinioned as a logical move at the right time. It would certainly bring in the balance between growing need of houses and directing development to be well planned and sustainable. Developers have been encouraged with a mix of factors acting in favor of growth for realty sector. Recently, RBI has graded residential real-estate as a separate sub sector and allowed for cheaper external commercial borrowings. These rulings have been seen as a win-win situation for all the stakeholders in real estate sector. 

More information on Gurgaon Properties visit www.IndiaHomes.com

Delhi to comfort property registration for buyers

The tedious procedure for registration of properties in the registrar authority complexes is expected to be overhauled by the end of FY 2013. So far, it usually takes two weeks for the preparation of attested documents and getting due appointments in the registrar offices for registering ones’ property. The government is planning to digitalize this process and put in place a steadfast method for the ease of home buyers and property occupants.

The existing system has been in operation since we attained independence and hence is redundant to the contemporary real estate commerce. Moreover, this registration process is attached with certain voids which render the buyer, vulnerable to deceit and ambiguity. It has been tough for a buyer to confirm the probity of developers and a specific property owned by them. Another impediment for buyers is the calculation of fee for registration and paying the stamp duties. Cashing upon the ignorance of laymen, the uncertified rotary clerks charge excessive fee from the buyers.  Delhi urban development authority aspires to rid its’ domiciles of the hardships by devising a safe podium where the process will be made easier and effective.

All 13 registrar offices will be linked online where it will be an intuitive process for the buyers to do their due diligence of the property, they are transacting for.   The online portal will have all the information’s of fee, charges and the documents required for registering one’s’ property. The online registration will provide its clients with an appointment date and number for the registrar‘s office. Entry of unconcerned people in registrar’s office at the appointed dates will be strictly prohibited. Such registration process has already been implemented in the outskirts of Delhi and has been welcomed with an overwhelming response by all stakeholders.

One of the most prominent features of this digitization process is that the certification will be made smooth and least cumbersome. The auditing and verification of transaction and properties with this portal will be made completely transparent and at click of the buyer. Practically, the services of registrar offices will be made to knock at the doors of buyers with ease and dependability. Another drive to rationalize the circle rates is going on in the judicial circle where efforts are being made to prevent the generation of illicit money being funneled into the real estate.

While digitalization facilitates buyers in the process of registration, it also empowers the developers and housing authorities against the miscreant defaulters. With all the transactions being recorded, a watchdog will be capacitated to keep check on payments and dues in the registration process. These judicious endeavors by Delhi government will surly control fraudulent practices in real estate sector while making the system more streamlined and legitimate.  

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Home Decor in 2013: What’s Popular?

Knowing current trends in home decorating would help you in making your home chic and stylish

Change is inevitable in nature. So, if you are keen on altering your home décor, you are not breaking any rule. As history repeats itself, you can modify the looks of your home and energize your home in a big way. Whether you are moving out of your small home and moving into a bigger home or just tired of your over accessorized home, here is your chance to take a little time out to re-think and redo your home decoration, depending on your financial situation and individual taste & preferences.

Green is the New Buzzword

‘Green’ is the new catchphrase in today’s world. Irrespective of the financial status, green and organic products are wooing every home buyer. As a result, the demand for artificial and man-made products is taking a back seat. Even, the market today is filled with lucrative organic options, offering greater value of money for all. Instead of using expensive and inorganic decorative items, home owners have stringed with a wide choice of unique artworks, fabrics and ideas to cater different tastes.

Following are some of the home decoration themes that can tickle modern home buyers:

French Styling

Reliving the saga of French Renaissance, this theme is amongst very popular themes today. Depending on the individual preferences, home owners can add more detailed work in forms of fabrics, color schemes, light arrangements etc.

French Kitchen Cabinets

Again, French theme is all over the cloud these days. Taken aback by the fantasy of French mannerism, white and cream cabinets are in vogue. Matching the pace with the modern kitchen design, French Country Kitchens are very popular.

Florals, Patterns, and Stripes

Drawn inspiration from legendary French artists like Van Gogh, Picasso and Monet, home owners can buy a range of print fabrics and enhance the overall appeal of their homes.

Doors in French Style

French doors can never go out of style. Broad with defined glass panes, the windows can add more attraction into your bedroom, living rooms, and kitchen. The windows with elaborative French detailing add character and interest to the home décor.

Two-Panel Doors with Metal Handles

Why not get a two-panel door with metal handles for your home? These types of doors add an interest in your overall designing aesthetics.

Wallpaper Matters

Obviously, French is the flavor of the season. The market is flooded with wallpapers, bedding, curtains and hanging in absolute French look and feel. You can’t get enough of French this season for sure!

Décor in Style

Any kind of exposed feature definitely looks charismatic in your home décor. Get a range of stained glass, marble tops, wooden beams, and wall patterns to create an interesting appeal for your home décor. 

IT SEZ, freeways and realty in Bangalore

Massive investments in infrastructure, ever expanding number of commercial catchments and superior connectivity through freeways have had a bolstering effect on real estate in Bangalore. Due to developing infrastructure, complimented with immense capital investments, value appreciations have flanked the graph to imposing levels

Better rail connectivity along the cohesive commercial-residential pockets has changed the value grade of Silicon Valley in India. NICE road bestowing connectivity from Bangalore till Mysore and the significant Cauvery feed to the urban areas has led to sprawl of habilitation around this area. Particularly the rimming ring road is witnessing spirited absorption levels owing to the floor area ratio (FAR) and matching magnitude of influx in commercial activity. This area has cashed upon the ready to move in residential projects which have appreciated substantially from the rental and lease returns.

Forecasts for the last two quarters of FY2013, unequivocally propose a bright future of retail investments in Bangalore. The market around rig road is packed of end-users and the demand for houses is on a spread. This area, owing to its location has two major factors attracting more developers to invest and erect structures. First being the occupancy with majority of working-class tenants.  This class prefers staying closer to their place of work and demands an affordable living. The adjoining IT corridor is the second factor which has drawn more investors and landlords to settle in and around this zone.
 

The concurrent presence of corporate and private real estate players has added to the growing realty market in Bangalore. Social infrastructure with sustained retail recovery has advanced developers to enter into joint ventures for constructing budget housing for target buyers. However, Northern Bangalore has flourished in terms of commercial real estate due to its proximity to the international airport. Another factor that has been assistive in attracting investors from other parts of world has been the hospitable climate.

FDI is a foremost factor that cannot be disregarded in the making of a prosperous realty market in Bangalore. Weakening rupee and more employment opportunities have encouraged the foreign players to invest money in this part of the world. Not only has the value of currency, but cheap and skilled labor market has been critical to the growing number of corporate offices. A large number of research institutions with supporting urban development have come up in the recent past in Bangalore.

Substantive research of the topographical disparity suggests that Bangalore has benefited from the outer stretch of Andhra Pradesh and Kerala. Working and apprentice class of people have migrated to the Indian silicon valley in search of occupation. This has given an impetus to the developers to construct cheap and inexpensive housing for this not so affluent class of tenants. In summation, Bangalore is expected to receive ample capital in residential and commercial real estate segment due to blend of triggering factors cited in this article. 

If you are interested in buying properties in Bangalore visit below link:
http://www.indiahomes.com/india-properties/Bangalore-Properties.html

Godrej Prakriti Kolkata, Godrej Prakriti, 2 BHK Godrej Prakriti

Gordrej Prakriti is ideally located on the BT Road, at a kilometer’s distance from the Sodepur more on North Kolkata. Its location on the BT Road ensures that any important destination in the entire Kolkata city is accessible at a few minutes’ drive, 3 BHK Residential Apartments in Kolkata, BT Road, Sodepur, North Kolkata, Kolkata.

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Thriving realty along the metro link in Noida

The adjoining areas of Delhi NCR have been constantly feeding exodus of working class population that has habilitated in Noida. Already cluttered with multiplying population base, Noida has witnessed, sprawling commercial and residential real estate in past three years.  Being termed the media city of northern India, Noida hosts all the electronic channels in the northern zone. Moreover, with religious sites, amusements parks and Budha international circuit in Greater Noida, this part of Uttar Pradesh has become a sorted terminus to settle for.

Owing to skyrocketing prices in Gurgaon and exorbitant accommodation in Delhi, Noida, lately has been accommodating non-natives in large numbers.  A combination of all these factors has led to a number of developers to invest in residential realty sector.  Apparently, latest of all the lucrative zones for real estate in Noida has spurt along the metro – rail corridor, proposed from Noida till Greater Noida. As elaborated above, growing demand for housing has stretched the gap between demand and supply of residential spaces in few areas of Noida. The construction that has now started on a massive scale in this corridor will result in the gap getting mended and also solving a major requisite of homes. Some of developers are double timing the construction work to fulfill the urgent need of housing in this corridor. To the relief of developers, governments of Noida and Greater Noida have sanctioned the increase of floor area ratio (FAR) on both the sides of this metro link. The link will stretch to an expanse of 29 kilometers and the earnings from neighboring developments will be channelized to support the metro infrastructure. FAR is projected to increase by 0.5% on both the sides of metro link for a depth of 500 meters. Funded with INR 5000 crore, metro rail link and the increment of FAR along this route has brought cheer to the developers in Delhi NCR.

Earlier the FAR stood at 2.75 which is going to surge at a level of 3.5 now. The group accommodation ventures along many sectors will be substantially benefitted with 200 more residential units under increased FAR. Beside the growing number of units and habitants, infrastructural investments are subjected to receive a robust boost on this route. The metro link for a stretch of 29 kilometers will eventually invite more builders to not only construct condominiums along this route but  also in sectors demarcated in a radius of more than 15 kilometers of this region.

The real estate projects, planned at present will be privileged for the flexibility of adjusting the specifications and lay outs in tandem to the increased FAR.  Proposed JVs have started bidding for more partners to invest and many commercial and retail pockets are already developing in this division. It is evident that Noida is going to be stage for burgeoning realty sector in the coming future. It is swiftly catching up to pace of south Delhi and Gurgaon in terms of value chain for properties and investments.

Gurgaon to go eco-friendly

Gurgaon, the pivot of commercial surge in the state of Haryana has been growing at an unprecedented pace since a decade now. Real estate sector has simultaneously throve and cashed upon the raising demand of residential units due to the immigration of working population. So hence forth, accommodation of this professional sector has turned Gurgaon into a forest of concrete. From commercial to residential and mixed land use pockets have been jam-packed with commercial turrets and condominiums.

Gurgaon lodging farmhouses in today’s world sounds inconceivable but it is quite near to be a reality. The state government has decisively planned to formulate the policy for a farmhouse colony in Gurgaon. A 100 acres are supposed to be demarcated to habilitize this colony with each farmhouse to be of a size of 1 to 2.5 acres. The township is envisioned to accommodate about 20-30 farmhouses which will be a role model in today’s polluted and clogged commercial/satellite agglomerations.  In true sense of the notion ‘planned’, this town ship is projected not be an erratic expansion of green enclosures but intricately planned and positioned with the essential infrastructure in and around it. Let’s probe into the provisions of the drafted policy for this farmhouse colony in Gurgaon.

Bound by 6 feet wall, the farmhouse colony will be gated. However, no such boundaries will be permitted inside the colony. Each plot will be segregated with barbed wires and fences. Only Eco-friendly layouts and structures are planned to be permitted inside this colony. The government is striving to make sure that this up-coming space of farmhouses is not used for commercial gains by using it as venues of collective functions and junctures.

A revamped change of land use policy has been in demand for a long time by the realty sector and land owners. Under present provisions, owners of farmland in an agricultural zone can convert this land into a farmhouse by obtaining permission. However, there are tiresome hurdles for such endeavor where the individual aspiring to obtain permission actually becomes a victim of red-tapism. Moreover, even if the permission was granted swiftly, specific provisions are prohibitive to set up a farmhouse on one’s own land. The requisite of a minimum of two acre land to set up a farmhouse is a candid instance of these provisions. Looking at this yet to be ratified farmhouse policy, such obstacles will be scrubbed and a whole new expanse of real estate braced with infrastructure is soon to be a reality.

So far no such conversions of land use have been possible owing to the contentious land use policy and security concerns in this part of Haryana. However, it is envisaged that this colony will be founded upon a well-planned infrastructural investment to be securely sustained for a long time. Equipped with connecting roads, electricity, water and other exigent amenities, the farmhouse colony will be a gasp of fresh air around the outskirts of Gurgaon.  

For the latest Information for Gurgaon Real Estate

Government Announces New SEZ Norms to Boost up Real Estate and IT Sector

Special Economic Zones (SEZs) are indicators to the growth level of the Indian economy. The driving forces behind these SEZs are quality infrastructure and a comprehensive fiscal package and favorable rules and regulations, both at the centre and the state level. Fiscal incentives were made effective and functional from 2000 to 2006, under the provisions of the Foreign Trade Policy.

SEZ – Expanding Business Skylines across the Country

Recently, the government has made it mandatory that a minimum of 10 hectares land area must be acquired to establish an information technology/Information Technology enabled services special economic zone. This ordinance is likely to prove to be a major boost to the real estate market. This move will equally motivate the IT sector as well. Further, the government has come forward with a plan that will make it compulsory to allocate minimum built-up requirements of 100,000 square meters for SEZ developers in the major seven cities, 50,000 square meters for Category B cities and 25,000 square meters in the rest of the country.

Several IT SEZ developers who have met the 100,000 square built-up area criteria are making use of the balance land for the development of residential blocks, that gives a mixed-use edge and enabling the formation of more walk-to-work residential projects. In fact, real estate developers will now be able to divide their land holdings and allocate smaller parts to IT companies to construct their own IT SEZs. This new announcement has made it possible for the developers to exit from SEZs by transferring the ownership of SEZ units. Realtors can also sell their SEZ units, as per the announcement.

The opening up of the SEZ skyline will help in encouraging FDI inflows and doing smaller deals in their preferred locations. This move is likely to invite more number of smaller IT companies to launch their own SEZs as compared to the large IT companies since they can manage the capital required to buy minimum 25 acres. This move has been well received by the National Association of Software and Service Companies (NASSCOM) which hopes that this along with the support of the Foreign Trade Policy can enhance exports and ease export procedures. Not to forget, abandoning the land requirement and reducing minimum built up area will make it practical for more IT SEZs to come up in Tier II/Tier III cities. All the above mentioned changes are likely to ease the SEZ policy to lure more number of small and medium businesses to set up their base in the country.

The property show NDTV profit, Real Estate Properties in India

IndiaHomes Relocated to Global Business Park in Gurgaon

(PRBuzz.com) June 11, 2013 -- IndiaHomes, the leading property advisory company has relocated its office from Saket to Gurgaon, right into the center of corporate hub. Relocation has made commutation easier for the employees as well as the customers owing to its proximity to the metro and Delhi-Gurgaon highway. Now, IndiaHomes can cater its expert property advice to customers easily and more proficiently.

IndiaHomes strives for its journey, not only to be a success but a value for all. Its latest move to Global Business Park in Gurgaon is evident of its advance and strength in the industry. The company aspired to be in the proximity of their clients and partners for ease of all. By relocating, the company has seamlessly integrated its operations in Delhi and Gurgaon which streamlined its operations to an unprecedented extent. First fortnight of experience has proved notably worthy for them. It has facilitated the commutation of workforce at a central location and placed IndiaHomes in the midst of the corporate gamut.

Situated in the Global Business Park, the new office is well connected with the metro and the road link between Delhi and Gurgaon. According to IndiaHomes, the new location has worked wonders for their employees, and the supply chain mechanism. It has considerably complimented its hiring and expansion plans. Now based at a corporate complex, the company avails all the state-of-art facilities that are imperative to be productive in the contemporary corporate culture. The company is now strategically located and catering their clients with finest of properties in Gurgaon and surrounding states. In summation, relocation of their corporate office has proved to be doing what's right, the right way, at the right time.

9th Floor, Tower - D
Global Business Park
M G Road
Gurgaon
Landmark - Next to Guru Dronacharya Metro Station
PIN: 122002

About the Company:
IndiaHomes is a leading property advisory company, headquartered in Gurgaon. Being India's No.1 in the domain, we serve our customers through a network of eight offices in top cities in the country. We empower buyers by rendering them choice and voice. By ardently practicing high ethics, professional services and transparent dealings, we have created an indispensable space for ourselves in the landscape of property advisory business. In our operations, we maintain the highest level of management practices and financial integrity. Our entire Management Team is committed to building an ecommerce platform for the most efficient real estate advisory. We persistently maintain the best international practices in property services business. Exemplifying the spirit of an aspired home, we render our customers the right choices to make an informed decision. For more details visit- http://www.indiahomes.com

Vision: Empowering Home Buyers with Choice & Voice

Value:
Excellence - In Everything we do
Service - To Our Clients
Integrity - Of Thought & Action
Trust - With All Our Stakeholders


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Choose WoodWinds, DSR for Stylish Contemporary Living

Beauty lies in details and that is what perfectly describes every aspect of WoodWinds by the DSR Group. Each aspect of this residential project is so meticulously crafted, that you would want to reign in its ultra luxurious spaces the very moment you know about it. Every aspect of WoodWinds, DSR is opulent and magical. Here grandeur receives complete salutation. All the 256 residential units at WoodWinds are signature style apartments.

Beauty and majestic appeal of its living cum dining rooms comes alive whether it is day or night. Grand Lobby at the entrance of every block / building sort of develops a complete aura of grandeur and anticipation. The entire landscape of the project is majestically designed with well manicured gardens, Water cascade, vast swimming pool, central park, putty golf, coffee lounge and what not.

Handpicked Location – WoodWinds resides in the heart of Doddakannelli, which is Bangalore’s one of the most distinguished and sought after residential destinations. Right adjacent to Wipro Technologies, Bangalore, WoodWinds is perfectly located on the Sarjapur Road and shares close proximity with the various important landmarks such as Total Mall, Spring fields etc.

Apart from this, Koramangala is 10 minutes and Electronic city is mere 15 minutes away from WoodWinds.

Project Highlights – Wood Winds, DSR is spread across the sprawling area of 3 acres and 2 guntas. The project is proposed to have highly sophisticated and lavish 256 signature style residential units in the form of 2 BHK, 3 BHK, 3 BHK Duplex, 4 BHK and 4 BHK Duplex units. Here the accommodation is set over well defined & structured fourteen floors in the form of large as well as very spacious residential apartments. These apartments exude a feeling of complete style and opulence.

This ultra luxurious residential project will attain a prestigious corner in the Bangalore real estate market because of its prime location and world class design and structure. The exterior of the project receives an all weather tennis and badminton court. The project also offers extremely secure two tier underground parking facilities for the residents and guests. There is ample two-tier underground parking space so that the residents are not at all disturbed by the traffic movement within the residential colony.

Notable Specifications – WoodWinds, DSR is specified to include luxurious specifications in living room, bed rooms, balconies, bathrooms and kitchen. There is plenty at WoodWinds, DSR to surprise as well as delight your inner souls.

• The project has well proposed 5 residential blocks
• Solar fencing
• Water Harvesting Pits
•  High tech video door phone
•   Launderette
•  Distinguished Servant & Drivers Restrooms
•  24x7 Security along with CC camera surveillance
• In-house water treatment plant for adequate & pure water supply from Bore well
•  24x7 power and water supply
•  Centralized piped cooking gas supply

The WoodWinds project by DSR Group is under construction and shall be available to move for the residents from March 2014. For anyone and everyone who is looking out for majestically attractive residential place, WoodWinds, DSR is the place to be. Here you can rest assured to receive beautifully constructed premium quality residential apartments to live in.