The festive season with brand new homes!!

The Indian real estate sector has demonstrated a noteworthy resilience to the commotion in Indian economy over the recent past. During this period, the realty sector has also been steadfast on the way towards maturity and being constructively regulated. A recap of last few months vouches that the Indian realty has witnessed favorable reviews of policies by the central bank, regarding borrowings, novel prospects of investments and encouragement to FDI and NRI investors. Moving forward, the real estate sector is estimated to uphold the positivity and growth with the advent of festive season in the remaining period of 2013.

The developers are gearing up for further expansion and growth while the Diwali season is around the corner. The Diwali festival has been known for the joy and bliss that it brings along with it. It has been a customary practice to celebrate Diwali with substantial investments for asset creation, as the legend inspires positivity and hope for a brighter future. Diwali season is recognized to be an auspicious period that brings productivity along with it. As a result, the developers and property consultants encourage the home aspirers to be privileged by owning their dream asset during this time. This privilege is qualified with the discounts and festive offers that the realtors propose offer on under-construction and ready to move-in residential units. The offers include freebies like complimentary parking, discounts on per square foot prices and preferred locations of abodes with no extra charge, amongst many others.

Along with Diwali season knocking at doors, the latest RBI regulation that proposes to link the disbursal of loans with the completion stages of the projects is further expected to induce solidity in the realty market. This is the time when the home aspirers can safely invest in the realty market and own a suitable property for various objectives. The investment prospects have been bright due to the availability of cheaper land and built-up homes in the sprawling outgrowths of metro regions. Moreover, the ready to move in apartments in the mid-end segment are being developed in huge numbers. The good numbers of available homes and the festive discounts in the realty market have come at a promising juncture wherein the buyers are hopeful for better realty deals and the developers expect to receive increased demands from aspirers.

 

The growth and expansion in the Indian real estate sector has hovered around the deliberate efforts by the sector and the coincidental factors in the recent past. The leading developers have been introducing innovative realty solutions like integrated projects, serviced/studio apartments and green buildings. Subsequently the demand and preferential trends have also undergone a transformation and the quantum of demand for novel concepts of habitation has witnessed a considerable hike. Parallel to this innovative drive of assets, the currency exchange rate and the outreach of leading Indian realty brands have been successfully attracting FDI and NRI investments in the realty sector.

The next few months which are full of festivals (Diwali and Christmas), bring optimism for a reinvigorated growth for realty business for the year ahead. 

Invest in flats in DLF Sky Court

Gurgaon is the second largest city of the state of Haryana. Established as the commercial hub of the region, it has undoubtedly come up as the most sought out place for real estate developers and investors.

Located in Sector 86 Gurgaon, DLF Sky Court is a new housing apartment project by the famous DLF Group. An amazing opportunity offered by DLF of residing with a choice of 3 BHK vaastu enabled houses of around 1850 sq ft available with the luxurious functions, excellent facilities and fine-looking features finishing the image of perfect urban residence. They are priced at 1.20 crore. These air-conditioned flats have been bathed with modern design and functions for the modern living seeking people. It is a part of the upcoming Northern Gurgaon. Far from the noise of the city, 

DLF Sky Court Sector 86 Gurgaon is situated at 135 M application area with close benefits to KMP Expressway, IMT Manesar, RIL SEZ, Sec.88 (Commercial Sector), NH – 8, Dwarka Expressway, City Store, ISBT, Haldirams, IT Hub, IGI Airport terminal in New Delhi, upcoming City Place and Culture Town Hotel. Apart from the top quality residing components described, luxurious facilities are also offered like kids play area, clubhouse, playground, twenty-four hours a day security and a lot more. Thus, investing in DLF Sky Court would prove to be highly beneficial and will give excellent profits later on.

The DLF Team has started working on its next growth steps in order to continue with its authority rank and position in the Indian market of real estate business. Apart from other projects and tasks, the DLF Sky Court is also eye-catching and all apartments are air conditioned. They can truly be named as one of the finest installments in the city of Gurgaon. It is already an important player in cities across the nation such as key places likes the metros and also in Gurgaon, DLF boasts of over six years of experience and is working hard on constructing up horizontal and vertical company ventures. These include growth of impressive company techniques, building up of professional sources and driving industry transmission with an ear-to-the-ground strategy that is flexible to local industry needs.

The DLF Sky Court is taking advantage of growing industry possibilities to provide high-end features and tasks to the wide platform of customers by regularly improving inner skills and source abilities. In accordance with current development plans, the DLF Team has over 289 thousand sq. ft. of growth across companies, such as designed and on-going tasks. Under the category of home, workplaces and shopping center sections, DLF is acknowledged with over 224 thousand sq. ft. of finished improvements, while tasks under development signify over 45 thousand sq. ft spread over the three verticals.

In the present era, if you are planning to invest your money in Gurgaon then DLF Sky Court is definitely the place to go for. It is going to be very advantageous and will bear sweet fruits at the end. Sometime later after investing you will be proud of your investment as it is going to earn at least double the profit. 

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.