Thursday, June 6, 2013

Gurgaon Property:-Gurgaon Property Is A Good Option For Heavy Investment

by Paul Joseph June 6, 2013 Featured

There is a good news for investors, who are showing their interests to invest some amount of capital in the realty sector. This is good advice but the applicable advice of experts who say that it is one of the pretty cities of the country which produces better returns.  Even though they differ in various points, their advice about the Gurgaon Property is very profitable. There is much difference concerning the improved gains from this city. Moreover you will actually be interested seeing how this fulfills the dreams and ambitions of the investors. There are some many reasons, which you should notice, while you are planning to have a heavy investment in the property market of Gurgaon. Even though you will reap better from the city, it is never an easy and simple task to find some of the luxury properties that will make you a good investor. The city is primarily investor oriented and there is no more doubt that there are so many investors in this city. In such cases, they are very key stones for real estate builders as well. Let us think widely how to buy real estate property in Gurgaon. If you are taking the help from real estate dealers, he will take you to some of most splendid locations in all over the city. Most of these good locations are carefully noticed for attractive prices which are beyond the reach of any ordinary man. Gurgaon Property is really a good option for various types of investments. This investment option can give you unexpected returns as never expect in the coming years. If you are planning to invest for a short term, these growing areas will be the best but if you are planning to invest for long terms, you can move to some local areas. In addition, real estate Gurgaon always gives you heavy profits.

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CREDAI for maintaining equilibrium between public and realtor

by Paul Joseph June 6, 2013 Featured

CHENNAI: Proposed Real Estate Regulatory Bill should maintain “equilibrium” between the realtor and the public besides regulating the entire industry, industry body CREDAI said today. “..from industry perspective it is important that the Bill maintains equilibrium between the developer’s community and end users,” Confederation of Real Estate Developers Association of India (CREDAI) National President C Shekar Reddy said in a statement. However, he cautioned some provisions in the Bill were required to be modified otherwise it would result in “substantial increase” in the cost to buyers and shatter the dream of ‘housing for all”. “It will also impact the affordable housing initiative”, he said. To make the regulation effective, the

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Housing prices rise by around 1 pc in 20 major cities: NHB

by Paul Joseph June 6, 2013 Featured

NEW DELHI: Housing prices have increased marginally by an average 1.1 per cent in 20 major cities, including Delhi and Mumbai, in January-March 2013 over the previous quarter due to slowdown in demand, National Housing Bank said today. Residential housing prices in 12 cities have shown increase in prices in this quarter ended March, 2013 over the previous quarter (October-December, 2012), quarterly update of NHB Residex said. On the contrary, eight cities have shown decline in prices over the previous quarter with maximum fall observed in Guwahati (-7.84 per cent) followed by Ludhiana (-6.71 per cent), Surat (-6.67 per cent). Besides, price correction was witnessed in Kolkata by 5.75 per

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India Property Market Expected to Rise In The Financial Year 2013-2014

by Paul Joseph June 6, 2013 Featured

Indian Property market is circumspectly expected to do better in financial year 2013-2014 than it did in financial year 2012-2013, despite of current slowdown, say that real estate developers, and consultancies and real estate experts. Compared to 2012-2013 year, coming year is making a true promise for real estate firms particularly for those that provide luxury and top class apartments. This is because of increasing the job opportunities and inflow of highly qualified and highly skilled professionals in NCR where they can get professional jobs. Residential property market in India struggled in the year 2012 with changing macroeconomic environment that kept potential property buyers and real estate investors in stay and watch style. Upper rise in the labour price, higher interest rates and inflation that continued to impact the buyers sentiments, along together these essential factors led to fall in the sales particularly in Indian Property market. Nevertheless with varying scenario, diminution in interest rates and with expectations of enhancement in macroeconomic conditions the privileged demand in residential property market is expected to rise. During 2012-2013 year, not only commercial property, even in residential property segments too, office spaces will observe a great hike as overall economy is expected positively and office rentals have previously fallen down. According to recent reports by Cushman and Wakefield and Nomura, in 2013-2014 sessions, the returns could be in the range of 10-20% unlike 2012-2013, when the returns from property market were in the range of 30-40% in different cities of the country. Heavy Returns from real estate during 2013-2014 will take a pulsation because of a slowdown in the economy, Cushman and Wakefield said in the recent report. In addition, investment in India is really a good option for earning huge amount of capital. This investment option has given many golden opportunities to earn a lot of profits in coming years.

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Buyers protest delay in possession

by Paul Joseph June 6, 2013 Featured

As many as 50 irked home buyers on Saturday staged a sit-in outside the office of Unitech Limited Group to protest delay in possession of their flats. The buyers were supposed to get possession of their flats in Uniworld Gardens II by 2011. But four years after the project was launched in Sector 47, the construction work is still far from over. The housing society is supposed to have 500 flats spread over four towers. The buyers, living across the country, connected through Facebook and planned to raise voice against the developer. “We are fighting for our right to get our dream home on time, as was assured by the

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To clean up rivers, GPCB issues notice to municipal bodies

by Paul Joseph June 6, 2013 Featured

Aiming to clean up rivers in the state, the Gujarat Pollution Control Board (GPCB) has started issuing notices to municipal corporations and various nagarpalikas across the state to treat the domestic waste water before releasing it into rivers and to dispose off solid waste in a scientific manner after its segregation. “As per norms, these institutions of self-governance are required to first treat the domestic waste water and also to dispose off the solid waste in a scientific manner. However, most of them are not following it up. And, therefore, we have started issuing them notices to build pressure on them to adopt the green measures,” said a senior GPCB

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‘Eco-nod delay affects big real estate projects’

by Paul Joseph June 6, 2013 Featured

NASHIK: The delay in giving environment clearance to big real estate projects of more than two lakhsq ft has become a major deterrent for realtors, particularly those in smaller cities. Builders and realtors have recently put forth their grievances to chief minister PrithvirajChavan, who, in turn, pledged to facilitate a meeting between them and the Prime Minister. According to the industrial policy, projects of more than two lakh sq ft have to acquire environmental clearance. This generally takes over a year-and-half. At present, the state-level expert appraisal committee examines the projects and their impact on the environment before being cleared or rejected by the central authority on the basis of

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HC dismisses plea for power, water connections in houses within restricted zone

by Paul Joseph June 6, 2013 Featured

CHANDIGARH: The Punjab and Haryana high court on Monday turned down the pleas made by several residents of Gurgaon for electricity and water meter connections in their houses, which were constructed in the restricted zone – within 900 meters of the ammunition depot of Indian Air Force (IAF) in Gurgaon. A division bench comprising acting Chief Justice Jasbir Singh and Justice Rakesh Kumar Jain dismissed the petitions during the resumed hearing of an ongoing public interest litigation (PIL) filed against the encroachments in prohibited zones around the air force stations in Gurgaon and Faridabad. Some residents, who had constructed houses in the prohibited zone near IAF’s ammunition depot Gurgaon, had

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IIT-K called in for detailed study on city pollution

by Paul Joseph June 6, 2013 Featured

Concerned about rising levels of air pollution in the city, the Delhi government has commissioned IIT-Kanpur to conduct a comprehensive study of pollution levels and causes. The government plans to use data to formulate a policy to control and reduce air pollution, and initiate a second-generation air action plan. Commissioned last month, the IIT-K study will be the most comprehensive study since the 2007 Central Pollution Control Board and National Environmental Engineering Research Institute report. Director of Environment department Anil Kumar told Newsline: “We need data for a policy framework and so we commissioned a fresh study.” The Environment department said the predicted levels of air pollution indicators in 2017

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Healthy Sales Of Property In Bangalore

by Paul Joseph June 6, 2013 Featured

The property market of Bangalore stays flexible in spite of global disorder driven by the higher demand for mid end houses. Nearly 35,500 housing units freshly commenced here during the 2012 year and around 8,000 housing units in the initial quarter of 2013 year. The first quantum of current launched observed by the nice-looking city in the previous two years will incarcerate generous ascendant movement.” The year session 2012 observed the assimilation of nearly 36,000 housing units,” said in the recent report by Knight Frank. During 2012 year, there are some recent launches started here in North and South Bangalore. Most of these new launches are carefully planned to be completed in 2015 year, so indicating the probability of moving ready projects in the market in that era,” said in the recent report. Bangalore Property is a good option for long term  investment. This investment can give heavy returns in the approaching years. Through a recent report, the residential units prices in Bangalore encouraged in pointed ranges during the 2012 year, including numerous good locations like Tumkur road, Magadi and whitefield observed price positive response between 10-15% in the initial quarter 2013 over the logical prices in Q1 2012. According to the Knight Frank, North Bangalore has become a hottest property market just by applying various efforts on the move. South Bangalore is also expected to see healthy amalgamation level owing to the IT/ITeS populace affianced with the office projects along the outer ring road. Nonetheless, Whitefield, in the east, is a growing locality of the city, which will continue to attract home buyers, owing to its close propinquity to place of work centers and the visible presence of retail and public infrastructure. 

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