http://tton4don.blog.co.uk/Information regarding real estate Inida and many moreen-EUMokoFeed10http://tton4don.blog.co.uk/http://data5.blog.de/design/preview/69/bfca7dd6c68a6727c48319c0e36faf_160x200.jpghttp://tton4don.blog.co.uk/2008/03/28/low-cast-flats-plots-and-houses-in-great-3956494/tag:tton4don.blog.co.uk,2008-03-28:/2008/03/28/low-cast-flats-plots-and-houses-in-great-3956494/Fri, 28 Mar 2008 10:41:34 +0100 <p><a href="http://www.indianproperty4u.com">www.indianproperty4u.com</a> inform you that the Greater Noida authority is offering the middle-income group a rare opportunity to own independent, expandable and well finished houses. the Greater Noida Authority will construct 3,000 houses in sector 3, Xu-II and Xu-III. PC Gupta, deputy chief executive officer, Greater Noida Industrial Development Authority {GNIDA} said . The size of plot will be 120 sq m. While constructed houses will be available in 98.24 sq m. (aprox. 1057 sq.ft area). So GNIDA is developing residential properties in Greater Noida.</p> <p> The cost of house is Rs 29.98 lakh and each house will be allotted through lucky draw. The allottees will be permitted to construct additional space beyond already approved building plan. Construction not confirming to the plan would have to be approved. The houses will have two bedrooms, one drawing room, kitchen and a bathroom. The housing complex will be built in new sectors like 3, Xu-II and Xu-III and will have a swimming pool. Park, community cente, post ofice, hospital, shopping complex and parking. Gupta said, this scheme is an opportunity for developers to be a part of making of a smart city.</p> <p>For more detail of this scheme log on :- <a href="http://www.indianproperty4u.com">www.indianproperty4u.com</a> or mail to us on <a href="mailto:info@indianproperty4u.com.">info@indianproperty4u.com.</a></p> <p> <small> <a href="http://tton4don.blog.co.uk/2008/03/28/low-cast-flats-plots-and-houses-in-great-3956494/#comments">Comments</a> </small> </p>http://tton4don.blog.co.uk/2008/03/28/low-cast-flats-plots-and-houses-in-great-3956494/#commentshttp://tton4don.blog.co.uk/2008/03/28/low-cast-flats-plots-and-houses-in-great-3956480/tag:tton4don.blog.co.uk,2008-03-28:/2008/03/28/low-cast-flats-plots-and-houses-in-great-3956480/Fri, 28 Mar 2008 10:39:53 +0100 <p><a href="http://www.indianproperty4u.com">www.indianproperty4u.com</a> inform you that the Greater Noida authority is offering the middle-income group a rare opportunity to own independent, expandable and well finished houses. the Greater Noida Authority will construct 3,000 houses in sector 3, Xu-II and Xu-III. PC Gupta, deputy chief executive officer, Greater Noida Industrial Development Authority {GNIDA} said . The size of plot will be 120 sq m. While constructed houses will be available in 98.24 sq m. (aprox. 1057 sq.ft area). So GNIDA is developing residential properties in Greater Noida.</p> <p> The cost of house is Rs 29.98 lakh and each house will be allotted through lucky draw. The allottees will be permitted to construct additional space beyond already approved building plan. Construction not confirming to the plan would have to be approved. The houses will have two bedrooms, one drawing room, kitchen and a bathroom. The housing complex will be built in new sectors like 3, Xu-II and Xu-III and will have a swimming pool. Park, community cente, post ofice, hospital, shopping complex and parking. Gupta said, this scheme is an opportunity for developers to be a part of making of a smart city.</p> <p>For more detail of this scheme log on :- <a href="http://www.indianproperty4u.com">www.indianproperty4u.com</a> or mail to us on <a href="mailto:info@indianproperty4u.com.">info@indianproperty4u.com.</a></p> <p> <small> <a href="http://tton4don.blog.co.uk/2008/03/28/low-cast-flats-plots-and-houses-in-great-3956480/#comments">Comments</a> </small> </p>http://tton4don.blog.co.uk/2008/03/28/low-cast-flats-plots-and-houses-in-great-3956480/#commentshttp://tton4don.blog.co.uk/2007/10/31/dial_attracts_interest_of_hotel_majors~3223342/tag:tton4don.blog.co.uk,2007-10-31:/2007/10/31/dial_attracts_interest_of_hotel_majors~3223342/Wed, 31 Oct 2007 11:25:46 +0100 <p>The proposed project of modernizing Delhi’s airport By Delhi International Airport Private Limited (DIAL) is attracting large interests from leading players in Indian and international <a href="http://www.zameen-zaidad.com">real estate </a>and hospitality industry to develop 45 acres of commercial land near the international terminal. The company has so far considered 15 applications, of which, 9 have been short listed and four will participate in a competitive bidding process.</p> <p>The list of short-listed list includes the prominent hotel chains such as Delhi-based Claridges, European hotel chain Accor and US-based Starwood (which owns the Le Meridien and Sheraton brands). As far as short-listed real estate firms are concerned, they are Emaar MGF, Parsvnath, Omaxe, Vipul, DB Realty, Pacifica and Marathon.</p> <p>Applications under consideration are from top hotel chains ITC, Indian Hotels and Lemon Tree and engineering and construction giant Larsen & Toubro.</p> <p>DIAL had invited 45 applications to develop hotel under different categories of the ‘hospitality district’ to come up near the international terminal. The district will feature premium, budget, business, upscale, and convention hotels to cater requirements of all visitors.</p> <p>Courtesy: Indianrealtynews</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/10/31/dial_attracts_interest_of_hotel_majors~3223342/#comments">Comments</a> </small> </p>real-estate-indiahttp://tton4don.blog.co.uk/2007/10/31/dial_attracts_interest_of_hotel_majors~3223342/#commentshttp://tton4don.blog.co.uk/2007/10/31/mumbai_properties_for_just_a_few_thousan~3223336/tag:tton4don.blog.co.uk,2007-10-31:/2007/10/31/mumbai_properties_for_just_a_few_thousan~3223336/Wed, 31 Oct 2007 11:24:50 +0100 <p>Here’s something about <a href="http://www.zameen-zaidad.com/real-estate-mumbai.aspx">Mumbai properties </a>which is truly surprising. </p> <p>Many millionaires pay a few thousand rupees annually as lease rent for some of the most expensive Mumbai’s properties they hold. The leases for such properties have been expired long ago but the state government was in no mood to take any initiative to renew.</p> <p>Indeed, the bungalow of the famous actor Shah Rukh Khan is leased out to him at mere Rs 2325 per year. The property is located in one of the costliest areas of Mumbai. Incidentally, he bought the property on an expired lease.</p> <p>The issue is not just restricted to <a href="http://www.zameen-zaidad.com/buy-property.aspx">residential property</a>. Many business houses and hotels in areas such as Mahalaxmi, Juhu, Bandra, and Dadar are rented out by the government on 3 to 99 year leases.There are 53 such expired leases in Mumbai that accrue only Rs 7 crore to the state government.</p> <p>The government is planning to release a new policy to calculate the rental value. The leasers started seeking legal assistance when the official asked them to renew the market value. The consultants hired by the government will recalculate the amount, by the end of December, says Rajendra Shingane, MoS, Revenue Department, Maharashtra Government.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/10/31/mumbai_properties_for_just_a_few_thousan~3223336/#comments">Comments</a> </small> </p>residential-property-in-indiareal-estate-indiahttp://tton4don.blog.co.uk/2007/10/31/mumbai_properties_for_just_a_few_thousan~3223336/#commentshttp://tton4don.blog.co.uk/2007/10/31/quebec_fund_targets_indian_real_estate~3223314/tag:tton4don.blog.co.uk,2007-10-31:/2007/10/31/quebec_fund_targets_indian_real_estate~3223314/Wed, 31 Oct 2007 11:21:33 +0100 <p>Caisse de Depot et Placement du Quebec, Montreal, is planning to make its first <a href="http://www.zameen-zaidad.com">real estate </a>investments in India, said Amelie Plante, senior adviser for communications and public affairs.</p> <p>Although no specific investments are on the table, she said the fund, which has C$237.3 billion (US$243.9 billion) in assets under management, is “really working hard” on India now and might eventually look at other emerging markets.</p> <p>The India investment would be made under the fund’s SITQ unit, which specializes in the investment and management of office buildings and had C$10.6 billion in assets as of Dec. 31.</p> <p> Ms. Plante would not say how much the fund plans to invest in India. “It’s really hard to give a hard number on,” she said, adding that it would depend on opportunities.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/10/31/quebec_fund_targets_indian_real_estate~3223314/#comments">Comments</a> </small> </p>real-estate-indiahttp://tton4don.blog.co.uk/2007/10/31/quebec_fund_targets_indian_real_estate~3223314/#commentshttp://tton4don.blog.co.uk/2007/10/11/realty_contours_of_pune_the_tech_city~3117875/tag:tton4don.blog.co.uk,2007-10-11:/2007/10/11/realty_contours_of_pune_the_tech_city~3117875/Thu, 11 Oct 2007 08:28:01 +0200 <p>The city of Pune has certainly covered a long journey from being known as pensioners’ paradise to the Tech city. These days, investors and builders seem to be making large money from <a href="http://www.zameen-zaidad.com/real-estate-pune.aspx">Pune real estate </a>market. This has given a strong push to wealth and development in the city.</p> <p>The activities have indeed put Pune on global business map in a dramatic way. It offers a plethora of opportunities in the field of retail, IT industry, BPO industry, and the hotel industry.</p> <p>Everyone belonging to Pune property market is cashing in on the prospects that the city of gold offers. High and retail market space is the most preferred sector in the market. Pune education sector is also making rapid strides and has witnessed a huge influx of students coming in all across the world. This is contributing to the success of Pune and assisting it to come up as a global education destination.</p> <p>The IT sector in Pune is encouraging the young generation to come forward and contribute to the economy’s progress. The city shares a big chunk of the $350 billion Indian retail market which is likely to grow at a rate of 13% per annum.</p> <p>Pune Economy</p> <p>Pune corporate sector is also taking full advantage of the city’s retail boom and making hay while the sun shines. Ongoing activities in <a href="http://www.zameen-zaidad.com/real-estate-pune.aspx">Pune real estate</a> clearly underline great improvements in the infrastructure, economy, and policies of Pune.</p> <p>Pune properties are marking the growth along with prospects, excellent connectivity and educational facilities. Whether talk of industries or education sector, both are nurturing and shaping up in a decent manner.</p> <p>Optimum Growth Expected</p> <p>Pune is expected to see a sharp appreciation of around 500% in the service and industrial sectors. The actual potential lies in Pune residential property, shopping malls, education, and the hotel industry. These segments are undoubtedly fast flourishing. As a centre of education, Pune produces around 1,50,000 graduates each year, thereby adding to the manpower and fuelling the mentioned growth rate.</p> <p>Pune has become a cosmopolitan city that is largely attracting the likes of all. The city’s infrastructure is developing at a surprising rate and constructive changes have taken place in the last 5 years.</p> <p>The city has exclusive <a href="http://www.zameen-zaidad.com">real estate </a>projects in its pipeline. There is a project ‘Business Bay’ which will be an exclusive residential-cum-commercial project. It will accommodate high end retail outlets, corporate offices, and the residential units.</p> <p>The construction work of the International Convention Centre (ICC) is on peak. Its third phase is also going to be over. Then, there is a real estate project by Kolte Patil Developers Limited, a prominent name in the commercial and residential development. The company is planning to take Pune residential segment on high by developing properties such as integrated townships, service apartments, and high end residential projects.</p> <p>Courtesy: Indianrealtynews.com</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/10/11/realty_contours_of_pune_the_tech_city~3117875/#comments">Comments</a> </small> </p>real-estate-punereal-estate-indiahttp://tton4don.blog.co.uk/2007/10/11/realty_contours_of_pune_the_tech_city~3117875/#commentshttp://tton4don.blog.co.uk/2007/10/11/dlf_plans_an_investment_of_rs_2_500_cror~3117857/tag:tton4don.blog.co.uk,2007-10-11:/2007/10/11/dlf_plans_an_investment_of_rs_2_500_cror~3117857/Thu, 11 Oct 2007 08:23:22 +0200 <p><a href="http://www.zameen-zaidad.com">Real estate</a> major DLF is all set to extend its retail footprint to tier-II and tier-III cities. And for this the company is planning to invest around Rs 2,500 crore in setting up destination malls and shopping centres in these cities.</p> <p>A whopping 30 million sq ft of retail space is what DLF plans to develop over the next 36 months, spread across 30-35 cities. Some cities that have been identified for expansion include Amritsar, Jalandhar, Coimbatore, Kochi, Vadodara, Rajkot, Surat, Nasik, Lucknow, Kanpur and Varanasi.</p> <p>Apart from destination malls and shopping centres, other specialized formats such as luxury malls are also being planned along with Mall of India at Gurgaon, which is being dubbed as the world’s biggest mall.</p> <p>In the words of DLF senior executive director (retail) Ajay Khanna, “We believe that there is a huge potential in tier-II and tier-III cities. To provide the initial depth to our retail plans, we will be spending close to Rs 1,250 crore each on building the two formats, destination malls and shopping centres across the country. The development of destination malls and shopping centres will be spread over an area of 15 million sq ft each.”</p> <p>The branding too will be differentiated according to the format and the shopping centres will be called City Centre or Galleria, Mr Khanna said. The company is yet to decide on the brand name for the larger destination malls. “The overall signature brand, of course, will be DLF in both the formats,” he added.</p> <p>DLF sees a huge demand for the smaller shopping centres and is looking at building them in the central business districts. The larger destination malls, on the other hand, will be developed in the more spacious and strategic suburban areas to cater to a bigger catchment of the community in the respective cities.</p> <p>“The destination mall format will be more of a sold model where retailers will be able to buy the spaces within the mall while the shopping centre will revolve around the theme of leased model,” Mr Khanna said.</p> <p>The group’s first shopping centre outside Gurgaon is slated to open next month at Shalimar Bagh in Delhi.</p> <p>Courtesy: Indiarealestateblog</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/10/11/dlf_plans_an_investment_of_rs_2_500_cror~3117857/#comments">Comments</a> </small> </p>real-estate-indiahttp://tton4don.blog.co.uk/2007/10/11/dlf_plans_an_investment_of_rs_2_500_cror~3117857/#commentshttp://tton4don.blog.co.uk/2007/10/11/citi_to_invest_250m_in_bangalore_co_nite~3117850/tag:tton4don.blog.co.uk,2007-10-11:/2007/10/11/citi_to_invest_250m_in_bangalore_co_nite~3117850/Thu, 11 Oct 2007 08:21:52 +0200 <p>Citigroup is investing around $250 million in Bangalore-headquartered <a href="http://www.zameen-zaidad.com">real estate</a> major Nitesh Estates. However, the exact quantum of stake could not be ascertained.</p> <p>The deal, the single-largest in India’s hospitality sector, will see Citi partner Nitesh in the latter’s hospitality foray, which involves setting up at least five luxury hotels, said sources close to the deal.</p> <p>Citigroup Property Investors will invest directly from its global fund into holding entity Nitesh Estates as well as special purpose vehicles (SPVs) for setting up properties, which may also include shopping malls. Citi’s Asia-Pacific <a href="http://www.zameen-zaidad.com">real estate</a> fund head David Schaefer led the investment into the 31-year-old Nitesh Shetty-managed realty group.</p> <p>However, Nitesh Estates executive director LS Vaidyanathan declined to comment on the deal. Citigroup is picking up a minority stake in the holding company. Citi will, however, hold substantial slakes in individual SPVs setting up the chain of hotels, sources added.</p> <p>The latest deal with Citigroup does not include India’s first Ritz-Carlton property, which Nitesh is developing in <a href="http://www.zameen-zaidad.com/real-estate-banglore.aspx">Bangalore</a>. It is believed that Nitesh may be Ritz-Carlton’s preferred partner, not exclusive though, in India.</p> <p>Along with Citi, Nitesh plans to develop five-star hotels in Goa, Kochi, Kolkata and Chennai, sources added. This will be the fourth private equity deal being tied up by Nitesh in the past 30 months, and the third in the last one year. First, the US-based Siachen Capital invested $100 million through an SPV. This was followed up by the 25% stake sale in the parent company to the $26 billion global hedge fund Och-Ziff, for $51 million.</p> <p>Subsequently, Citi invested $35 million into an SPV for the Ritz-Carlton project in Bangalore. Currently, Nitesh Estates has over 8 million sq ft under construction across segments like residential, hospitality, commercial and shopping malls.</p> <p>Nitesh Group, as part of a backward integration move, is also getting into construction as well as infrastructure with separate entities being set up for the same.</p> <p>Courtesy: The Economic Times</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/10/11/citi_to_invest_250m_in_bangalore_co_nite~3117850/#comments">Comments</a> </small> </p>real-estate-indiareal-estate-bangalorehttp://tton4don.blog.co.uk/2007/10/11/citi_to_invest_250m_in_bangalore_co_nite~3117850/#commentshttp://tton4don.blog.co.uk/2007/10/03/nris_can_now_save_tax_on_homes_bought_ab~3077905/tag:tton4don.blog.co.uk,2007-10-03:/2007/10/03/nris_can_now_save_tax_on_homes_bought_ab~3077905/Wed, 03 Oct 2007 12:55:41 +0200 <p>The tax rate on long-term capital gains earned on sale of property is 20%. In case, the value goes over Rs 10 lakh, the tax rate increases to 22.66%. The rule remains same for both Non Resident Indians (NRIs) and India residents.</p> <p>Serving as a savior, Section 54 of the Income Tax Act exempts those capital gains which are invested in a <a href="http://www.zameen-zaidad.com/buy-property.aspx">residential property</a>/house within a year before to two years after the sale. In case, an investor wants to build a house, the time limit is increased to within three years of the date of sale.</p> <p>The exemption would be proportional if only a part of the capital gain gets utilized and the excess will be liable to tax. NRIs can benefit from the rule as it is not mentioned that the new house purchased should be located in India. This gives NRIs the liberty to purchase a house in their host country abroad and yet save tax here.</p> <p>However, this is simply a theoretical possibility based on a plain reading of the law. There are possibilities of extending the exemption offered by Sec 54 to a property bought abroad, says Income Tax Tribunal.</p> <p>The Mumbai Tribunal verdict in case of Mrs. Prema P Shah vs ITO 282ITR (AT) 211 [2006] is critical to shed the light on the law. Outlined below are the facts of the case:</p> <p>Mrs. Prema P Shah is a NRI, who sold her house purchased in 1983 for Rs 6 million in 1992. She bought another property in London on 150 years lease, and claimed exemption u/s 54 of the IT Act.</p> <p>The A.O. did not permit the claim because of following reasons:</p> <p>The assessee had only bought the tenancy right.<br> Only the individual investing in India can claim the exemption.<br> The sale proceedings were not used for buying the <a href="http://www.zameen-zaidad.com/buy-property.aspx">residential property</a>.<br> The argument was rejected by the Tribunal based on the facts of the case.<br> In the UK, property is granted long term leases rather than being allowed to buy. In the given case, the residential property was taken on a lease of 150 years, which clearly is in perpetuity and the assessee was the property owner.</p> <p>The same amount of capital gains may or may not be used to purchase the property. Indeed, the assessee is allowed to buy it even on mortgage and is liable to exemption if it complies with the conditions mentioned in Sec. 54. For that reason, the borrower instantly becomes the property owner of properties purchased through mortgage.</p> <p>Now, NRIs can think about <a href="http://www.zameen-zaidad.com/buy-property.aspx">buying property</a> abroad and claiming tax benefits in India.</p> <p>Courtesy: : Indianrealtynews</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/10/03/nris_can_now_save_tax_on_homes_bought_ab~3077905/#comments">Comments</a> </small> </p>buying-property-in-indiaresidential-properties-in-indiahttp://tton4don.blog.co.uk/2007/10/03/nris_can_now_save_tax_on_homes_bought_ab~3077905/#commentshttp://tton4don.blog.co.uk/2007/10/03/gra_international_bizkom_limited~3077880/tag:tton4don.blog.co.uk,2007-10-03:/2007/10/03/gra_international_bizkom_limited~3077880/Wed, 03 Oct 2007 12:50:18 +0200 <p>Whether it is Bangalore or Chennai, and irrespective of the direction or alternate routes motorists utilize to enter these cities, they are resigned to spending over one hour just to move from the borders to the <a href="http://www.zameen-zaidad.com/buy-property.aspx">residential colonies</a> located within the cities.</p> <p>So if you have a job that entails frequent travel between these cities, it would make terrific sense to reside just outside the metropolitan area, especially if your office is also around thereabouts. Maybe Hosur for <a href="http://www.zameen-zaidad.com/real-estate-bangalore.aspx">Bangalore</a> and Poonamalle, Porur, or Vandalur for Chennai. So who is building houses in Vandalur now?</p> <p>GRA International Bizkom Limited a unit of the Ganapati group which has been primarily involved in the businesses of leather exports, steel smelting & manufacturing, commodity trading and construction since 1984, has built up a reputation for reliability and trust, GRA has been constructing quality homes at affordable prices in prime locations in <a href="http://www.zameen-zaidad.com/real-estate-chennai.aspx">Chennai</a> and is now constructing and marketing Vandalur Park, a unique residential Colony on a prime property owned by group company, Ganapati Leather Products. The housing colony will provide space for departmental stores, clinics, a pharmacy and various other retail shops.</p> <p>The location-wise advantages of land situated on the main GST Road, supported by bus stand, railway station, colleges, schools and yet within the CMDA Chennai jurisdiction.</p> <p>It is but a short drive from Tambaram, and has the best possible infrastructure in the form of well constructed wide roads linked to a four-lane national highway, drainage treatment plant and water supply system. The site is within walking distance behind the Urappakkam Railway Station and is so large that it extends up to the next parallel road on the opposite sides.</p> <p>The specifications reveal that only thirty-five percent of the area is covered whereas as much as sixty-five percent is left as open space. The architect has displayed a very pleasant atmosphere replete with well designed landscape, avenue trees and a children’s play ground of round 15,600 sq ft.</p> <p>In keeping with contemporary trends an excellent drainage system enhanced by a sewage treatment plant and ground water will be recharged with a rainwater harvesting system. The entire housing colony is secured by a compound wall with round the clock security ensures peace of mind.</p> <p>The bus stand and Railway Station are located along the boundary walls. Outside the compound are numerous schools and engineering colleges and not far away is the Vandalur Zoo. In the other direction, 2 kilometres away is Perungalathur - GST Road, the Shriram Gateway, SEZ, IT Park, a shopping mall and Hotels. 12 KM Meenambakkam Airport</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/10/03/gra_international_bizkom_limited~3077880/#comments">Comments</a> </small> </p>residential-propertiesreal-estate-chennaireal-estate-bangalorehttp://tton4don.blog.co.uk/2007/10/03/gra_international_bizkom_limited~3077880/#commentshttp://tton4don.blog.co.uk/2007/10/03/rate_spike_takes_a_toll_on_mumbai_realty~3077856/tag:tton4don.blog.co.uk,2007-10-03:/2007/10/03/rate_spike_takes_a_toll_on_mumbai_realty~3077856/Wed, 03 Oct 2007 12:44:14 +0200 <p>Demand for property has slowed down by as much as 30 per cent in lower and middle-income <a href="http://www.zameen-zaidad.com/real-estate-mumbai.aspx">housing in Mumbai</a> suburbs following the series of interest rate hikes since January that have seen lending rates rise 125 to 200 basis points this year, raising anticipation of a fall in prices.</p> <p><a href="http://www.zameen-zaidad.com">Real-estate</a> consultants and housing finance companies say the number of deals has dropped in suburbs such as Bhandup, Malad, Vasai, Kharghar and Panvel. “We have seen a slump of 30 per cent in the number of enquiries and sales in these areas. The slowdown in property registrations also indicates this trend,” said Pranay Vakil, chairman of realty consultant and agents Knight Frank India.</p> <p>“The maximum pinch can be seen in the Rs 15 lakh to Rs 50 lakh range in the suburbs,” he added. This price range tends to be sensitive to rising lending rates. Confirming the trend, Rajesh Mehta, chairman, Raha Realtors, said half the registrations were taking place for rental accommodation rather than for property transactions, which used to account for 60 to 70 per cent of registrations.</p> <p>The slowdown in demand has had a marginal impact in prices so far. Rajeev Sabharwal, head, retail assets, ICICI Bank, one of the largest private-sector lenders of housing loans, said though developers were not offering major price cuts, minor discounts could follow soon.</p> <p>“Even though builders do not offer price cuts openly, they give discounts between 5 and 10 per cent when they come to the negotiating table,” added Mehta.</p> <p>Some areas, however, have seen a drop. “Prices have already dropped 10 to 15 per cent in places like Kharghar and Panvel, a 1.5 to two-hour drive from the business district Nariman Point,” said Sanjay Dutt, deputy managing director of realty consultant and agent Cushman & Wakefield. He expected the stagnation to continue for another couple of months.</p> <p>Part of the reason for the relatively minor fall in prices is the sharp jump in property prices over the past year. In Kharghar and Panvel, for instance, Dutt said prices had risen 50 to 70 per cent in the past year “which was way ahead of time.”</p> <p>“Property prices have gone up 50 to 100 per cent in the last one year in Bhandup, Vasai, Malad and other areas that are in a 50 km radius of Nariman Point” added Mehta.</p> <p>The scene, however, is different in south <a href="http://www.zameen-zaidad.com/real-estate-mumbai.aspx">Mumbai</a>, where few new projects have come up in the recent years and prices have jumped 30 to 40 per cent, peaking to Rs 35,000 a square foot. Vakil of Knight Frank said apartment prices in south Mumbai have doubled in the last two years as sellers wait for higher prices before they sell their properties.</p> <p>“There is a shortage of ready-to-use luxury apartments in South Mumbai. Non-resident Indians are also scouting for properties in these areas.</p> <p>Today we have at least 15 to 20 people all wanting flats of more than Rs 6 crore to Rs 7 crore each, so prices are going up every 15 days,” he added. Property prices have gone up 50 to 100 per cent in the last one year in Bhandup.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/10/03/rate_spike_takes_a_toll_on_mumbai_realty~3077856/#comments">Comments</a> </small> </p>real-estate-indiareal-estate-mumbaihttp://tton4don.blog.co.uk/2007/10/03/rate_spike_takes_a_toll_on_mumbai_realty~3077856/#commentshttp://tton4don.blog.co.uk/2007/09/24/commercial_realty_to_be_buoyant_in_delhi~3030191/tag:tton4don.blog.co.uk,2007-09-24:/2007/09/24/commercial_realty_to_be_buoyant_in_delhi~3030191/Mon, 24 Sep 2007 08:06:12 +0200 <p><a href="http://www.zameen-zaidad.com">Real estate</a> prices for commercial space in Capital are likely to remain buoyant in the short term while realty prices in Mumbai are expected to witness a dip in medium term, global consulting firm has said.<br> Lease rentals and capital values are expected to remain high in Delhi property market in the short term, Cushman and Wakefield said in its latest updates. </p> <p>It pegged <a href="http://www.zameen-zaidad.com/office-space-in-india.aspx">office space</a> supply at 7.8 million sq ft in the Capital during the year. During last quarter (January-March), office rentals rose by 10-16 per cent in booming satellite city Gurgaon. </p> <p>On Mumbai property market, C&W said supply of 12 million sq ft of new office space in the next 24-36 months was likely to bring a downward correction. </p> <p>This much-needed downward price correction over medium term would help retain Mumbai’s competitiveness over the long term, the realty consulting firm said. </p> <p>C&W, however, predicted the rising trend of Capital and rental values of office space to remain for few quarters to come due to short supply of quality space.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/09/24/commercial_realty_to_be_buoyant_in_delhi~3030191/#comments">Comments</a> </small> </p>office-space-in-indiareal-estate-indiahttp://tton4don.blog.co.uk/2007/09/24/commercial_realty_to_be_buoyant_in_delhi~3030191/#commentshttp://tton4don.blog.co.uk/2007/09/24/amritsar_attracts_investments_in_real_es~3030187/tag:tton4don.blog.co.uk,2007-09-24:/2007/09/24/amritsar_attracts_investments_in_real_es~3030187/Mon, 24 Sep 2007 08:04:48 +0200 <p>The thaw in Indo-Pak relations has attracted investment in mega projects, worth Rs. 3,204.59 crore, in Amritsar. Moreover, with a majority of the projects belonging to the <a href="http://www.zameen-zaidad.com">real estate sector</a>, it seems that the city will soon have more malls, multiplexes, townships, and penthouses. This investment also includes infusing fresh capital of Rs.765 crore by four industrial houses.</p> <p>Of a total of 25 projects, 21 projects are from the real estate sector. <a href="http://www.zameen-zaidad.com">Real estate developers</a> like Alpha G Corporation Ltd, Dynamic Continental (P) Ltd, PVP Entertainment (P) Ltd, PVP Entertainment (P), Ansal township & Project Ltd, DLF, Parsvnath Developers Ltd. are making their presence felt by building township, malls and multiplexes. Confederation of Indian Industry (CII) Northern Zone Chairman Gunbir Singh said: “There is immense Potential in Amritsar. Also, the modernization of the city will help in attracting tourists. At present, in the absence of professionally managed hotels, most of the tourists do not want to stay in the city.”</p> <p>Alpha G Corporation is investing Rs. 239 crore for the development of a city center and a hotel, Dynamic is investing Rs. 100 crore, PVP Entertainment Rs. 105 crore, DLF Rs. 463 crore, and Ansal Township Rs. 800 crore. While DLF will develop an SEZ in Amritsar, Ansal will concentrate on building townships.</p> <p>Alpha G Corp CEO S K Sayal said: “Developers planned by the state through private-public partnership is also a large motivating factor.” </p> <p>Also, India’s largest waste paper unit at a single location, Khanna Paper Mills, will be investing Rs. 500 crore for capacity expansion, while Rana Sugar Mills has already set up their distillery unit with a total project cost of Rs. 35 crore. Also, Khusi Ram Bihari Lal, a company engaged in rice processing, is investing Rs. 205 crore in a new unit in Amritsar.</p> <p>Already, 17 companies (three industrial houses and 14 <a href="http://www.zameen-zaidad.com">real estate companies</a>) have signed the memorandum of understanding (MoU) with the state government and the remaining would also sign the MoU shortly. According to sources at the district industries center, these projects will be completed within three years from the date of signing the Mou. The development has also led to a sudden hike in land prices immediately after the announcement of advent of big business houses. </p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/09/24/amritsar_attracts_investments_in_real_es~3030187/#comments">Comments</a> </small> </p>real-estate-indiahttp://tton4don.blog.co.uk/2007/09/24/amritsar_attracts_investments_in_real_es~3030187/#commentshttp://tton4don.blog.co.uk/2007/09/24/goa_an_intelligent_building_to_take_shap~3030174/tag:tton4don.blog.co.uk,2007-09-24:/2007/09/24/goa_an_intelligent_building_to_take_shap~3030174/Mon, 24 Sep 2007 08:02:01 +0200 <p>Gera Developments, one of western India’s most progressive <a href="http://www.zameen-zaidad.com">real estate developers</a>, and pioneers of the intelligent building in Pune, will make their first venture into Goa with Gera’s Imperium, a 75,000 sq. ft. <a href="http://www.zameen-zaidad.com/buy-property.aspx">commercial project</a> in Panjim, to be completed in 15 months. The building will be Goa’s first ‘IntelliPlex’, combining futuristic building technology with intelligent features. The project will boast of ‘intelligent’ features such as motion sensor lights, lux sensors for external lighting control, intelligent fire alarms and safety systems, intelligent building monitoring systems and optional technologically advanced security systems such as biometric access control, making it a premium commercial destination. The property is strategically located in Patto Plaza, behind Kadamba bus stand and opposite the office of the Commissionerate of Custom and Excise. Gera’s Imperium, like all other Gera projects, will have a five-year warranty to ensure that it stays in premium condition. This warranty covers two areas: preventive maintenance in areas of carpentry, electrical diagnostic works, plumbing and bathroom tiles; and repairs as a result of improper installation or supply of any of the building’s fixtures or fittings</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/09/24/goa_an_intelligent_building_to_take_shap~3030174/#comments">Comments</a> </small> </p>real-estate-indiacommercial-projecthttp://tton4don.blog.co.uk/2007/09/24/goa_an_intelligent_building_to_take_shap~3030174/#commentshttp://tton4don.blog.co.uk/2007/09/18/how_govt_should_plan_housing_for_urban_p~2998006/tag:tton4don.blog.co.uk,2007-09-18:/2007/09/18/how_govt_should_plan_housing_for_urban_p~2998006/Tue, 18 Sep 2007 08:09:38 +0200 <p>The government is thinking hard about the ways to accommodate urban poor, a goal which can bring a round of applause for politicians. Urban housing is struck in between the outdated policies and bureaucracy.</p> <p>Considering housing for poor a prime responsibility, the government has largely focused its attention towards development of large number of houses and allotted them to the poor. Funds have been garnered for development of such units, with the remaining cost shared between a bank and the beneficiary.</p> <p>Demand for <a href="http://www.zameen-zaidad.com/buy-property.aspx">residential property</a> among urban poor is increasing because of a rapid urbanization. Since, there is a shortage of land in cities; an effective urban policy requires to be brought into effect to optimize proper land use.</p> <p>Outlined below are some suggestions for drafting housing policies for poor:</p> <p>Housing policies must meet broader economic goals in the best way, thereby ensuring regulated urban development. </p> <p>Any urban housing policy must give the first priority to urban poor who actually run the urban growth engine. Else, it will only serve as one of the futile incentives, which do nothing than promoting indiscriminate migration<br> .<br> Government should look towards developing enough stock of rented housing for the poor. It will set a new paradigm instead of transferring ownership to inhabitants. </p> <p>The rents will seldom be an additional burden on the poor, as they pay s 500 – 1,000 per month for dingy huts in slum, without access to basic facilities. Contrary to this, residents will not suffer from the problem of uncertainty in tenure. In any case, the government housing schemes now have a significant bank loan share, which the beneficiary (who can be allotted rent vouchers) repay in monthly installments. Rent Vouchers will only be helpful in replacing the rent payments. </p> <p>Seeing the large demand for lower income housing units and the pool of long tenure financing prospects, these ventures offer large potential for builders. </p> <p>A contract can be signed with private builders to develop these housing units for poor. A build-operate-transfer contract for tenure of 15-20 years can be an attractive proposition. They can collect predetermined rents and the rental subsidy from the government can be directly transferred to the builders. The move can help to ensure better focusing of the subsidies.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/09/18/how_govt_should_plan_housing_for_urban_p~2998006/#comments">Comments</a> </small> </p>residential-properties-in-indiahttp://tton4don.blog.co.uk/2007/09/18/how_govt_should_plan_housing_for_urban_p~2998006/#commentshttp://tton4don.blog.co.uk/2007/09/18/rents_in_nariman_point_leave_manhattan_b~2997966/tag:tton4don.blog.co.uk,2007-09-18:/2007/09/18/rents_in_nariman_point_leave_manhattan_b~2997966/Tue, 18 Sep 2007 08:00:29 +0200 <p>Indian firms are being bullish on to buy or rent <a href="http://www.zameen-zaidad.com/office-space-in-india.aspx">office space</a> in Mumbai, a factor which has fuelled the prices of commercial property in the city. Another factor pushing the average rentals in the commercial business district areas is a sharp increase in value of rupee. The rentals are believed to be more than those in New York.</p> <p>The average per sq ft cost in Nariman Point and Bandra Kurla Complex (BKC) stands at 1.5 times higher than Manhattan. According to the market trend, the rentals in BKC will rise higher than the existing rates.</p> <p>Rentals in Mumbai are going through the roof. Knight Frank finds it cheaper to lease 1 lakh sq ft of <a href="http://www.zameen-zaidad.com/buy-property.aspx">commercial space </a>for $55 per sq ft per annum than to pay $90 for the same in Mumbai.</p> <p>Close on the heels of BKC, Nariman Point is also fetching rentals which are around 1.5 times higher than Manhattan, says Pranay Vakil, Chairman, Knight Frank India.</p> <p>The weighted average rental in Manhattan hovers around $60, according to the latest survey. It all started a year ago when Lehman Brothers leased a property in BKC for Rs 300- 400 per sq ft per month, adds Mr. Vakil.</p> <p>The cost per sq ft per annum in Mumbai’s CBD was never heard to exceed $30. As compared to it, it has been three times higher in the past 18 months.</p> <p>The overall average rental in Manhattan was $53.43 sq ft, says Cushman & Wakefield. The amount was the highest ever recorded.</p> <p>Rents for class A offices in Manhattan are now $64.54 per square foot. Shortage of Grade ‘A’ supply and increase in demand has caused a sharp increase in Mumbai by 20-30% over the last quarter.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/09/18/rents_in_nariman_point_leave_manhattan_b~2997966/#comments">Comments</a> </small> </p>commercial-space-in-indiaoffice-space-in-indiahttp://tton4don.blog.co.uk/2007/09/18/rents_in_nariman_point_leave_manhattan_b~2997966/#commentshttp://tton4don.blog.co.uk/2007/09/18/ap_govt_says_no_to_property_tax_hike~2997950/tag:tton4don.blog.co.uk,2007-09-18:/2007/09/18/ap_govt_says_no_to_property_tax_hike~2997950/Tue, 18 Sep 2007 07:57:39 +0200 <p>Andhra Pradesh Chief Minister Y S Rajasekhara Reddy turned down the proposal of bringing a further hike in property tax to increase the revenue of local bodies.</p> <p>The minister has also expressed his displeasure over the manner in which the municipalities and municipal corporations raised the property tax even after the dissent of the state government for the same.</p> <p>Reddy has asked the municipal administration department to issue a fresh government order canceling the revision of property taxes for residential purpose after 2004.</p> <p>Instead of making the things worst for common man as far as <a href="http://www.zmeen-zaidad.com/buy-property.aspx">buying the property </a>is concerned, municipalities should think of another way to bring improvements in their non tax revenue.</p> <p>The municipalities have also been assigned the work of identifying lands to develop <a href="http://www.zameen-zaidad.com/buy-property.aspx">commercial property</a> to add to their income. If it is a government land, municipalities need not pay for it. On the other hand, if it would be a private land, the expenditure will be borne by the state government.</p> <p>Commercial complexes would be developed on a public private partnership (BOT). The local bodies will be permitted to use the revenue generated from such complexes to execute other development activities.</p> <p>The minister also agreed for outsourcing necessary staff like managers, sanitary inspectors, bill collectors and ministerial staff by the municipalities.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/09/18/ap_govt_says_no_to_property_tax_hike~2997950/#comments">Comments</a> </small> </p>residential-propertis-in-indiabuy-property-in-indiahttp://tton4don.blog.co.uk/2007/09/18/ap_govt_says_no_to_property_tax_hike~2997950/#commentshttp://tton4don.blog.co.uk/2007/09/18/ahmedabad_offers_property_buyers_to_buy_~2997936/tag:tton4don.blog.co.uk,2007-09-18:/2007/09/18/ahmedabad_offers_property_buyers_to_buy_~2997936/Tue, 18 Sep 2007 07:54:05 +0200 <p>People buying <a href="http://www.zameen-zaidad.com/buy-property.aspx">residential property</a> in Ahemdabad can now also buy parking space by shelling out some extra money. They can easily get it in around Rs 1.2 lakh to 1.5 lakh in upmarket areas of the city.</p> <p>However, some economically less well-off parts may charge near about to Rs 20,000 for the same. The trend will soon be seen in both <a href="http://www.zameen-zaidad.com/buy-property.aspx">commercial and residential property </a>market. Earlier, the prospect of buying parking space was available with only a few builders in areas such as Prahladnagar, C G Road, S G Road, Navrangpura, Ellisbridge and Satellite.</p> <p>As such, the legality of selling parking space has not been specified under the existing norms. It requires some space reserved for parking of the total permissible floor space index, says I P Gautam, Ahemdabad Municipal Commissioner (AMC).</p> <p>Selling parking space in a megacity can be an attractive option for builders. Considering the increase in number of vehicles in Ahmedabad, the trend to buy the space is likely to boom.</p> <p>The cost of parking space should be determined by studying the density of parked vehicles in the area, construction costs, and parking management costs, says Saswat Bandyopadyay, a CEPT Professor.</p> <p>In case the property buyers narrow down on the option of buying parking space, they should demand added facilities such as car wash area, proper sheds, and maintenance of the parking space.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/09/18/ahmedabad_offers_property_buyers_to_buy_~2997936/#comments">Comments</a> </small> </p>residential-properties-in-indiacommercial-properties-in-indiahttp://tton4don.blog.co.uk/2007/09/18/ahmedabad_offers_property_buyers_to_buy_~2997936/#commentshttp://tton4don.blog.co.uk/2007/09/12/current_real_estate_scenario~2967228/tag:tton4don.blog.co.uk,2007-09-12:/2007/09/12/current_real_estate_scenario~2967228/Wed, 12 Sep 2007 12:06:14 +0200 <p>Currently the <a href="http://www.zameen-zaidad.com">real estate</a> market is going through a phase of correction in prices and there are inflated possibilities that the artificially inflated/increased prices are likely to come down.</p> <p> Before the slow down phase in the past, the projects were sold instantly without any hitch at an exorbitant rate. But that would be a thing of past now. The negative impact is explicitly visible as lots of high-end /cost oriented projects are still lying unsold. In such an eventuality, there may be blessing in disguise as high profile speculators will be out making way for the actual users.</p> <p>It is but natural that with price correction, the market will turn towards end users thereby enabling the developers to sell out their remaining products.</p> <p>Meanwhile, the beginning of correction phase started with the increase in home loan rates by the banks/ government since February/ March onwards which mainly, interalia, eroded the purchasing power of middle and upper middle class majority of whom are covered in the category of end users or actual users. Now the <a href="http://www.zameen-zaidad.com">real estate</a> marketing is passing through the scene of wait and watch for seizing the best opportunity clubbed with the hope of reduction in home loan rates. </p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/09/12/current_real_estate_scenario~2967228/#comments">Comments</a> </small> </p>real-estate-indiahttp://tton4don.blog.co.uk/2007/09/12/current_real_estate_scenario~2967228/#commentshttp://tton4don.blog.co.uk/2007/09/12/buy_property_in_gurgaon~2967220/tag:tton4don.blog.co.uk,2007-09-12:/2007/09/12/buy_property_in_gurgaon~2967220/Wed, 12 Sep 2007 12:04:50 +0200 <p><a href="http://www.zameen-zaidad.com">Zameen-zaidad.com</a> supports your plans for buying and selling properties in Gurgaon. From gaining access to current property rates to sale and purchase of property, our real estate solutions apply to a whole host of situations across the economic value chain in commercial (retail and office space), industrial & residential/rental properties in Gurgaon. The initiative by the Government of Haryana in inviting investments to Gurgaon has brought about the active growth in knowledge based industries like IT Services. This has created demand for office space and consequently to residential properties in Gurgaon. </p> <p>In commercial space reputed developers like DLF, Unitech, Vipul, Vatika, JMD, Omaxe Parsvnath, Suncity Projects Ltd. are pushing the concept of workspace, urban living and leisure time in all directions. The realty boom is unbridled but eminently sustainable.</p> <p>Malls in Gurgaon have been instrumental in giving a pattern to mass affluent household spends as retail and commercial business is becoming specialized. There are a number of large format retail stores in Gurgaon and existing formats are changing radically according to size and category. <a href="http://www.zameen-zaidad.com/office-space-in-india.aspx">Office spaces</a> in corporate buildings as well as in commercial centers like IMT Manesar, Pace City, InfoCity and Udyog Vihar in Gurgaon have catapulted Gurgaon to become the Commercial hub of India. </p> <p>The proposed expressway to Jaipur, Metro Rail connection to Delhi and the Special Economic Zone to be developed by Reliance Industries are already adding value to Gurgaon apartments for builders and owners. About eight SEZs are expected to be set up which have mandates to build up residential areas or zones in order to improve the total infrastructural class in their respective areas. </p> <p>The varieties existing in residential segment have Bungalows, Houses, Villas, Flats, Farmhouses, Penthouses and much more. Most of the residential units have power backup club house facilities, multipurpose hall, pool, day care, car washing facilities and children's play area.</p> <p>Other areas developing fast as a shopping street are Sohna Road, National Highway no 8, Dlf Phase I, Dlf Phase II, Dlf Phase VI, Sector 15 Part 2 and many more. Hilton Hotels Corp., the second-largest US provider of rooms, and joint venture partner DLF Ltd, have plans to invest $30 Billion for setting up a chain of hotels across the country, around 50 to 75 hotels.</p> <p>Zameen-zaidad.com welcomes you for most competitive & transparent property deals in <a href="http://www.zameen-zaidad.com/gurgaon-real-estate.aspx">real estate Gurgaon</a>.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/09/12/buy_property_in_gurgaon~2967220/#comments">Comments</a> </small> </p>real-estate-indiareal-estate-gurgaonoffice-space-in-indiahttp://tton4don.blog.co.uk/2007/09/12/buy_property_in_gurgaon~2967220/#commentshttp://tton4don.blog.co.uk/2007/09/12/buy_property_in_faridabad~2967209/tag:tton4don.blog.co.uk,2007-09-12:/2007/09/12/buy_property_in_faridabad~2967209/Wed, 12 Sep 2007 12:02:23 +0200 <p>Faridabad the once sleeping town of Haryana is on the fast track to be one of the emerging and happening cities of NCR. The city is fast catching up to be a favorite for buyers and the corporate world are moving in as the neighboring cities like Gurgaon and Noida reach a saturation level. As Faridabad develops into a preferred destination for MNCs, the IT, ITES and the BPO sector, the retail sector is also in its best with sprawling malls and swanky offices donning the streets of Faridabad.</p> <p>As Faridabad moves on to be the next happening city in NCR, the capital values and rental values of property are gradually on the rise. It’s high time to explore the growing opportunities in Faridabad realty sector which is on a constant upswing. Be it investments in <a href="http://www.zameen-zaidad.com/faridabad-real-estate.aspx">residential properties in Faridabad</a>, commercial property or rental properties; </p> <p><a href="http://www.zameen-zaidad.com">Zameen-zaidad.com</a> is the perfect platform to cater to your demands and provide professional services to your real estate needs. </p> <p>If you are planning to buy a property in Faridabad, then you're at the right place as zameen-zaidad.com has tied up with India's best and world class builders, promoters, constructors, real estate agents and brokers for providing you the ultimate real estate solution and best property deals.</p> <p>As Indian economy experiences unprecedented growth, be it in economic development, infrastructure, foreign investments and related business opportunities; <a href="http://www.zameen-zaidad.com">real estate in India </a>is experiencing the boom. This boom is further strengthened by the relaxation of FDI in the real estate and construction sector and also retail which has opened the doors for the commercial real estate sector. </p> <p>The industrial town of Faridabad is fast becoming the next hot destination for expanding developers and the pace of real estate growth is expected to prosper as more and more companies are now choosing to opt for Faridabad as its connectivity to Delhi and the nearby NCR cities like Gurgaon and Noida is proving to be a favorable factor. </p> <p>Top developers from Delhi and the neighboring NCR like Ansals, Omaxe, Parsvnath Developers, Eldeco Group among many others are making headway for Faridabad which is much evident from the fast track construction in progress - from integrated townships, group housing projects, residential apartments, malls cum multiplexes, business parks and state-of-the-art office spaces. So we welcome to you to buy, sell, rent properties, commercial, residential plots/flats, office and retail space from reputed builders/developers by our qualified real estate agents with extensive experience in Faridabad properties.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/09/12/buy_property_in_faridabad~2967209/#comments">Comments</a> </small> </p>residential-properties-in-faridabadreal-estate-indiahttp://tton4don.blog.co.uk/2007/09/12/buy_property_in_faridabad~2967209/#commentshttp://tton4don.blog.co.uk/2007/08/28/mumbai_being_and_island_city~2883675/tag:tton4don.blog.co.uk,2007-08-28:/2007/08/28/mumbai_being_and_island_city~2883675/Tue, 28 Aug 2007 13:23:31 +0200 <p>The Financial Capital of India is a hot favorite destinations for MNC's, Banks and various other companies which accommodates high quality of <a href="http://www.zameen-zaidad.com/office-space-in-india.aspx">office space in India</a>. Mumbai being an island city has limited Central Business Districts and it becomes easier at times to make a choice considering the few options you have. Mumbai is well connected by Local Trains and an extensive network of BEST which runs the local buses in Mumbai. Office spaces in the past 2 qtrs in Mumbai till August 2006 have increased steeply. The pressure is on A quality Commercial Corporate office complexes with little availability left</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/08/28/mumbai_being_and_island_city~2883675/#comments">Comments</a> </small> </p>office-space-in-indiahttp://tton4don.blog.co.uk/2007/08/28/mumbai_being_and_island_city~2883675/#commentshttp://tton4don.blog.co.uk/2007/08/28/office_space_in_india~2883666/tag:tton4don.blog.co.uk,2007-08-28:/2007/08/28/office_space_in_india~2883666/Tue, 28 Aug 2007 13:22:02 +0200 <p>With our Local Expertise, Network and a Good 15 Years Experience in the Mumbai Real Estate Market, we are able to provide you with Comprehensive Services for finding a New <a href="http://www.zameen-zaidad.com/office-space-in-india.aspx">Office space </a>suiting your requirements or either upgrading you to a Larger Office Premises across Mumbai, Thane and Navi Mumbai. </p> <p>Mumbai has been a favorite for many Foreign & Multinational Companies setting up their offices/operations here. Its diversified and cosmopolitan culture, professional attitude and responsibility in the corporate world sets itself away from a lot of its Metro competitors all across Asia Pacific. </p> <p>Mumbai being an Island City has its own Central Business Districts and over the years these (CBD's) have spilled over in many new areas stretching down till far suburbs.</p> <p>The emergence of the New age businesses of IT, ITes and BPO Companies there has been a huge demand for large office space/commercial complexes and the same are pretty much seen in locations like Malad, Goregaon, Andheri East, Powai, Navi Mumbai and Thane. </p> <p>A lot of Companies to commence operations will surely look at a lease transaction for 5 to 9 years, but with increased volatility in the leasing market, a lot of Large Companies are looking for an option to Buy out Commercial <a href="http://www.zameen-zaidad.com">Real Estate</a> in Mumbai. The most important reason is the appreciation in the Capital Values of Real Estate in Prime CBD's.</p> <p>Please feel free to mail us or send us a query on <a href="mailto:Info@zameen-zaidad.com">Info@zameen-zaidad.com</a> for a Complete Synopsis on the <a href="http://www.zameen-zaidad.com/buy-property.aspx">Commercial Property </a>Market and an overview which will enable to you to decide on your next move.</p> <p>Most of the Large Companies, Banks, Government Bodies, Semi Government Bodies, MNCs, Institutions, IT, BPO Companies, Ad agencies, Consulting Firms, Media Companies have their presence in the following location across Mumbai which are considered as Prime Business Locations or CBD's.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/08/28/office_space_in_india~2883666/#comments">Comments</a> </small> </p>real-estate-indiacommercial-properties-in-indiaoffice-space-in-indiahttp://tton4don.blog.co.uk/2007/08/28/office_space_in_india~2883666/#commentshttp://tton4don.blog.co.uk/2007/08/28/buy_land_in_india~2883655/tag:tton4don.blog.co.uk,2007-08-28:/2007/08/28/buy_land_in_india~2883655/Tue, 28 Aug 2007 13:18:24 +0200 <p>If you are considering to <a href="http://www.zameen-zaidad.com/buy-property.aspx">buy land in India</a>, you are about to make one of the best property related decisions, you have ever made. Whether as an investment, for business or other ventures, buying land here is sure to give you good returns as India is fast emerging as a lucrative property market. Find land of various sizes, at competitive prices - commercial land, agricultural land, land for schools, factories, industries, hospitals or resorts, land for houses, shopping arcades and more. </p> <p>The most coveted <a href="http://www.zameen-zaidad.com/buy-property.aspx">land to buy in India </a>includes land in the outskirts of bigger cities, in smaller town and in rural areas. Finding land to buy in the bigger cities such as Mumbai, Kolkata, Chennai, New Delhi or Bangalore, is a rare possibility as these cities are filled up to the brim. And even if you do find some, a small piece of land may cost you a fortune. Which is why, wise investors have now started to move to the city outskirt. You can avail of all facilitates of the city and yet buy huge sized land in India at much lesser price. How about buying hundred acres of land near Chandigarh for $1,000,000! </p> <p>Another option is to look at the smaller cities and towns such as Coimbatore, Bhopal, Jaipur, Visakhapatnam and the like. Here you can buy land and use it for building profitable commercial or business ventures. If you are looking at investing in farmland, agricultural land, industrial premises or factories, rural areas provide you large sizes of lands at very cheap rates. If on the other hand, you are looking for land to earn from tourism, buy land in coastal Kerala, Goa, or hilly terrains in Maharashtra, Northern India and the North East India. Resorts or adventure camps aimed at tourists in these areas are sure to generate great revenue. So you can now seriously consider buying an acre of land in Kovalam, Kerala for 70,000 Pounds!<br> India is a keen competitor in the global land property market for the variety of land it can offer, the variable sizes and the attractive prices. Whether you are planning to set up a school, resort or a factory, you can buy exactly the piece of land that may be in your mind. Be careful however, not to trust the first real estate agent you may come across. Read, enquire and only then <a href="http://www.zameen-zaidad.com/buy-property.aspx">buy land in India</a>.</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/08/28/buy_land_in_india~2883655/#comments">Comments</a> </small> </p>buy-land-in-indiahttp://tton4don.blog.co.uk/2007/08/28/buy_land_in_india~2883655/#commentshttp://tton4don.blog.co.uk/2007/08/22/dlf_unveils_its_first_it_sez_in_mihan_na~2849371/tag:tton4don.blog.co.uk,2007-08-22:/2007/08/22/dlf_unveils_its_first_it_sez_in_mihan_na~2849371/Wed, 22 Aug 2007 09:25:55 +0200 <p>DLF Ltd has announced the launch of its first IT SEZ at Nagpur. DLF is developing state of the art, world-class facilities in Nagpur, Maharashtra on 140 acres of land. This is the second IT SEZ project in the state and will be followed by projects in other cities in Maharashtra.<br> The Chief Guest Hon'ble Chairman & Director, Maharashtra Airport Development Company, Mr. R C Sinha launched the DLF IT Park at a press conference in Nagpur. This project is amongst the first IT SEZ projects in Nagpur. IT Park has received formal SEZ approval and would enjoy all the benefits of an SEZ under Govt. SEZ Policy and so will be surely the first choice for IT-ITES Companies in times to come.</p> <p>Speaking about DLF's entry in Nagpur, DLF spokesperson said, "After successfully launching our first IT SEZ complex in Nagpur, we believe that our IT SEZ / Park will become an important part of the MIHAN and at the same time will generate 50,000 jobs, directly or indirectly.</p> <p>DLF IT Park@ Mihan-Nagpur spells success. It is fully-equipped to operate any IT / ITES major 24X7. The IT space is spread over an area 140 acres and offering developed workspace over 12 blocks of <a href="http://www.zameen-zaidad.com/office-space-in-india.aspx">office space</a>, is all set to revolutionize IT workspace in Nagpur. Efficiently designed by the renowned contractor, M/s. Hafeez Contractor, it is a ready-built IT workspace to offer unmatched scalable advantages.</p> <p>This SEZ project will involve an investment of Rs 1000 crores approx. The IT Park is expected to be operational in a period of 3 years and being an IT SEZ, it would cater to all the international and national IT / ITES Companies. The project has the potential to generate 50,000 jobs directly or indirectly.</p> <p>DLF IT Park @ Mihan-Nagpur is a part of 1300 hectares MIHAN (Multi Modal International Hub Airport at Nagpur) SEZ project which is a part of the master plan comprising of IT City, Health City, a captive power plant and other manufacturing and value-added units. The project is adjacent to the international Hub Airport, offering high quality infrastructure facility and support services. The project is in close proximity to key residential areas. Undoubtedly MIHAN places Nagpur on India's IT map.</p> <p>Over the past decade the DLF properties have emerged as the preferred destination for both Indian as well as multinational conglomerates apart from leading IT / ITES firms due to its cost effective office space and best in class infrastructure. DLF is also responsible for triggering the corporate shift from Delhi to Gurgaon in 1990's based on the "walk to work" culture. This culture implied that corporates could now co-locate their offices, <a href="http://www.zameen-zaidad.com/buy-property.aspx">residential properties</a> & places in order to save time in commuting.</p> <p>Courtesy : INRnews Correspondent Dated: 21/08/07</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/08/22/dlf_unveils_its_first_it_sez_in_mihan_na~2849371/#comments">Comments</a> </small> </p>residential-properties-in-indiaoffice-space-in-indiahttp://tton4don.blog.co.uk/2007/08/22/dlf_unveils_its_first_it_sez_in_mihan_na~2849371/#commentshttp://tton4don.blog.co.uk/2007/08/22/ansal_properties_signs_agreement_with_ii~2849351/tag:tton4don.blog.co.uk,2007-08-22:/2007/08/22/ansal_properties_signs_agreement_with_ii~2849351/Wed, 22 Aug 2007 09:22:57 +0200 <p>Ansal Properties & Infrastructure Ltd, a leading <a href="http://www.zameen-zaidad.com">Indian real estate </a>developer, has announced that the Company has signed two Agreements with IL&FS Investment Managers (IIML), the private equity arm of IL&FS to develop two Projects of Township and IT SEZ in Gurgaon, Haryana. The agreement was singed in Mumbai by Mr.Pranav Ansal, Director, Ansal API with IILM.<br> These Projects, the Township and IT SEZ, in Gurgaon, will be constructed spreading over 11 million sq. ft of office, residential and <a href="http://www.zameen-zaidad.com/office-space-in-india.aspx">office space</a> at an investment of approx. USD 125 Mn. These Projects are expected to have a turnover of exceeding USD 1 billion over the next 5 to 6 years.</p> <p>Speaking at the occasion, Mr. Pranav Ansal, Director Ansal API said, “We are extremely delighted to sign this landmark agreement with IIML. This is yet another feather in our cap and will be amongst our landmark projects in the NCR region. We expect this project to finish in next 6 years. With Gurgaon growing as an important destination for business especially IT, we expect a very good response for the project”.</p> <p>Courtesy : INRnews Correspondent Dated: 20/08/07</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/08/22/ansal_properties_signs_agreement_with_ii~2849351/#comments">Comments</a> </small> </p>real-estate-indiaoffice-space-in-indiahttp://tton4don.blog.co.uk/2007/08/22/ansal_properties_signs_agreement_with_ii~2849351/#commentshttp://tton4don.blog.co.uk/2007/08/22/ansal_housing_launches_residential_proje~2849337/tag:tton4don.blog.co.uk,2007-08-22:/2007/08/22/ansal_housing_launches_residential_proje~2849337/Wed, 22 Aug 2007 09:20:43 +0200 <p>Ansal Housing & Construction Ltd has announced that the Company has performed Bhoomipujan of "Ansal Town" at Karnal (Haryana) August 19, 2007. This marks the beginning of construction of fully equipped <a href="http://www.zameen-zaidad.com/buy-property.aspx">Residential Project</a> that integrates state-of-art lifestyle with world-class features.</p> <p>The project turnover is approximately Rs 250 crores.</p> <p>"Ansal Town", Karnal (Haryana) is spread over approx 98 acres. The Integrated Township is strategically located near the National Highway — 1. "Ansal Town", Karnal is 125 kms from National Capital (Delhi) and 125 kms from State Capital (Chandigarh).</p> <p>'Ansal Town' Karnal will have amenities like Jogging track, <a href="http://www.zameen-zaidad.com/buy-property.aspx">Commercial properties</a> & Shop-cum-Office complex. Community Centre with swimming pool & gymnasium, High School, Primary School & Nursery School and Dispensary etc. The Project is expected to be completed in 2 years from the date of commencement of work.</p> <p>Courtesy : INRnews Correspondent Dated: 20/08/07</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/08/22/ansal_housing_launches_residential_proje~2849337/#comments">Comments</a> </small> </p>commercial-properties-in-indiareasidential-properties-in-indiahttp://tton4don.blog.co.uk/2007/08/22/ansal_housing_launches_residential_proje~2849337/#commentshttp://tton4don.blog.co.uk/2007/08/18/strong_demand_for_commercial_property_in~2828023/tag:tton4don.blog.co.uk,2007-08-18:/2007/08/18/strong_demand_for_commercial_property_in~2828023/Sat, 18 Aug 2007 10:58:29 +0200 <p>In Delhi & Gurgaon, both rental and capital values for <a href="http://www.zameen-zaidad.com/buy-property.aspx">commercial property</a> have been on an upswing. The demand situation is strong with almost all grade A buildings occupied and those under construction already leased. While demand for commercial space in Delhi is high, supply is limited since the supply of commercial land depends on auctions by DDA which are held infrequently. </p> <p>Commercial property is becoming a real alternative to investment in residential <a href="http://www.zameen-zaidad.com">real estate</a>. In addition to capital appreciation, commercial property offers higher rental yields of typically 8-10% compared to residential yields of 4-5%.</p> <p>In Connaught Place and south Delhi is one of rising rentals and near-zero vacancy In CP monthly rental rates range from Rs 100 to Rs 150 per sq ft while vacancy level is less than 5 per cent. </p> <p><a href="http://www.zameen-zaidad.com/office-space-in-india.aspx">Office space</a> is being developed in the city in areas such as Saket & Jasola by developers such as DLF, Unitech, and others. In Saket capital prices which were around Rs 5,000 per sq ft a year ago have now touched Rs 13,000. In Jasola only six months ago the price was Rs 4,500-5,000; today it is Rs 12,000 per sq ft and above. In Saketr rentals start from Rs 110 per sq ft. In Jasola, rates could touch Rs 150 per sq ft by end of the year. </p> <p>Meanwhile Gurgaon continues to be an attractive destination for office space development driven by availability of large floor spaces, lower rentals than the city, proximity to the airport and a residential infrastructure for staff needs. Of the total 6.37 million sq ft space that will be absorbed in the NCR in 2006, Gurgaon will account for 4.16 million (65 per cent). </p> <p>Within DLF Cyber City rentals are Rs 35 per sq ft, up from Rs 30 per sq ft last year. On MG Road, the rental rate has risen to over Rs 70 per sq ft. On Golf Course Road, the rental rate is Rs 45 per sq ft. </p> <p>Noida is emerging as an IT-ITES hub with several campus style developments including Adobe, Cadence and Wipro. Rentals here range from Rs 35-40 per sq ft. In Noida, developers mostly develop built-to-suit (BTS) spaces for corporates. (Expressestates.in) </p> <p>Courtesy : INRnews Correspondent Dated: 16/08/07</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/08/18/strong_demand_for_commercial_property_in~2828023/#comments">Comments</a> </small> </p>real-estate-indiaoffice-space-in-indiacommercial-properties-in-indiahttp://tton4don.blog.co.uk/2007/08/18/strong_demand_for_commercial_property_in~2828023/#commentshttp://tton4don.blog.co.uk/2007/08/18/india_is_a_fast_growing_economy_with_a_b~2828003/tag:tton4don.blog.co.uk,2007-08-18:/2007/08/18/india_is_a_fast_growing_economy_with_a_b~2828003/Sat, 18 Aug 2007 10:53:59 +0200 <p>Find different types of property of varying sizes, all over India. The most coveted property for sale in India includes land in the outskirts of bigger cities, in smaller town and in rural areas. <a href="http://www.zameen-zaidad.com/buy-property.aspx">Buy property in India</a> to build profitable commercial or business ventures. If you are looking at investing in farmland, agricultural land, industrial premises or factories, rural areas provide you large sizes of lands at cheap rates.</p> <p>India is a fast growing economy, with a booming real estate market. To make the most of property in India, visit our website <a href="http://www.zameen-zaidad.com">www.zameen-zaidad.com</a> . Update yourself. Which is India? Packed with hundreds of pages of in useful information and expert views on a variety of Indian real estate issues. Learn everything about properties in India for sale, buying, selling, renting and leasing out. <a href="http://www.zameen-zaidad.com">Zameen-zaidad.com </a>gives you the best listings of Indian property sale, property sites and information on Indian real estate research, consultancy, agency, project and property management services for all asset types. Find also latest hot property in India, which you can buy at amazing prices.</p> <p>Rent a house or office, buy or sell house, apartment or commercial property – the options in Indian real estate are plenty. When you invest in <a href="http://www.zameen-zaidad.com/buy-property.aspx">property in India</a>, rest assured that you are making a wise decision and only zameen-zaidad.com you all input, which can help you make the right choice. </p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/08/18/india_is_a_fast_growing_economy_with_a_b~2828003/#comments">Comments</a> </small> </p>buy-property-in-indiaproperty-in-indiahttp://tton4don.blog.co.uk/2007/08/18/india_is_a_fast_growing_economy_with_a_b~2828003/#commentshttp://tton4don.blog.co.uk/2007/08/18/india_is_a_promising_investment_option_f~2827974/tag:tton4don.blog.co.uk,2007-08-18:/2007/08/18/india_is_a_promising_investment_option_f~2827974/Sat, 18 Aug 2007 10:47:40 +0200 <p>India is a promising investment option for investors. <a href="http://www.zameen-zaidad.com">Indian real estate</a> sale market includes lands, land services, commercial real estate to residential property. Invest in commercial offices, hotels, guesthouses, resorts, bungalows, flats, offices, shops.</p> <p>Invest in a profitable business venture in India’s commercial capital Mumbai, or other metros such as Chennai, Kolkata or Bangalore. Set up an office or a residential complex in smaller cities such as Indore, Jaipur, Ahmedabad or Coimbatore. Make revenue from tourism by investing in hotels, guesthouses or resorts in Kochi or Goa. Buy a magnificent villa in Kodaikanal or Mahabaleshwar. <a href="http://www.zameen-zaidad.com/buy-property.aspx">Property in India</a> gives you such diversity! It is not without reason that property in India has emerged as a keen competitor in the global Indian real estate market. Whatever you may be looking for - seaside residential complexes, hillside retreats, bungalows, farmlands, agricultural lands, or apartments in bustling cities - find it all in magnificent India.</p> <p>India is a promising investment option for investors. It is a favorable market and Indian property sale market includes everything from lands, land services, commercial real estate to <a href="http://www.zameen-zaidad.com/buy-property.aspx">residential property</a>. Invest in commercial offices, hotels, guesthouses, resorts, bungalows, flats, offices, shops, industrial premises, malls and more, in any part of the country. Or if you are looking at investing in lands, you can invest in commercial land, agricultural land, land for schools, hospitals or resorts, land for houses, shopping malls and more</p> <p> <small> <a href="http://tton4don.blog.co.uk/2007/08/18/india_is_a_promising_investment_option_f~2827974/#comments">Comments</a> </small> </p>property-in-indiareal-estate-indiareasidential-properties-in-indiahttp://tton4don.blog.co.uk/2007/08/18/india_is_a_promising_investment_option_f~2827974/#comments