Economic Activity and purchasing power

Realty experts are of the view that while there might be some euphoria-driven rise in transactions and a marginal rise in prices, this will dissipate soon. “It will take another 12-odd month before prices begin to rise within the sector. And that will happen only if the new government has a successful first six months and its initiatives put the economy on a higher growth path. One reason why prices may not rise immediately is that they are already very high in most major metros. The economic slowdown has had an impact on salary revisions, and hence on urban buyers' purchasing power.

“Economic activity has to pick up and purchasing power has to rise before we see more demand in the housing sector. High interest rates are another deterrent. In the near term, the new government can't down interest rates, especially with inflation reining high.

Urgently needed reforms while the new government can't engineer a quick revival of the real estate sector, it can take several steps that would have a salutary impact in the medium to long term. One, it could expedite the process of granting approvals to real estate projects. “We expect the new government to be more efficient in granting approvals to real estate projects. Developers complain that the authorities too should be made accountable for not granting timely approvals.

Reference URL: http://hitendrachoudharysblog.blogspot.in/2014/05/property-prices-may-not-go-up-for-6-12.html

Continue reading →

Residential Property in Gurgaon

Fast real estate development, particularly the housing sector, has taken place in Dharuhera over the last few years. Dharuhera is identified as an industrial township. It is one the fast developing cities of Delhi NRC and has been included as the new growth corridors of Gurgaon.  There is a great demand of residential properties in Dharuhera as it is close to Gurgaon – a millennium city, National Capital Delhi and Airport Delhi and other NCR cities and it is a wide open area and has pollution-free environment. Moreover, property prices here are comparatively low. So, at the present time it is a most sought for place for the people. A large number of residential projects in Dharuhera have been developed and some are under construction which is being carried out by the several reputed real estate developers that are offering attractive features and amenities of a modern lifestyle.

Reference URL: 

http://zameenrealestate.blogspot.in/2013/11/residential-projects-in-dharuhera.html

Continue reading →

The latest news for Supertech Emerald Court project

The upcoming latest news about Emerald Court project by Supertech Limited twin towers nervous and the builder scampering to appeal to the Supreme Court against the high court order. It is not possible to demolish the towers at a stage they are 80 % complete. The Noida authority had given its explicit approval for the construction.

Supertech cannot be blamed for violating construction norms. The builder cannot be the Noida Authority. The fact that Supertech Group is a member of CREDAI has brought the latter’s role into debate as well. Supertech has decided to move Supreme Court against the High Court orders to demolish the under-construction twin towers -Apex and Ceyane- in its Emerald Court project. Interestingly, the buyers don’t want a refund at the end of an eight year long journey, unknowingly; they are fighting the builder’s battle with the courts.

Vivek Singh, a investor who has booked a 3 BHK flat in Apex tower of Emerald Court, said, "Majority of buyers are in favor of getting their dream home and don't want to get trapped in legal trouble. Most of us are working and do not have time to fight in courts. We hope that Supreme Court considers our plea and renders us relief."

Continue reading →

Residential/commercial property news on zameen-Property Blogger

A recent development is the launch of a monthly property blog. A large number of residential projects in Noida have been developed and some are under construction which is being carried out by the several reputed real estate developers that are offering attractive features and amenities of a modern lifestyle.

Apart from that, Noida has many reputed instructional institutes, healthcare centre etc. creating it a perfect place to own a property. Buying and Rental of Residential Property and Commercial Property have emerged as a favored investment option in the city of Noida. Noida is a best location for investment because Noida is an upcoming satellite town catering to the requirement of all sorts of properties i.e. residential, commercial and industrial.

This Blogger features real estate news, new residential and commercial projects, market reports, articles, featured agencies and estate agents, and property listings from Noida, Yamuna Expressway and Greater Noida (West). As a result more and more people like to make real estate investment in Noida extension.

Continue reading →

Better Zameen/Property option in Noida

If you think that you can get an apartment at a place which provides you with such amenities and facilities which actually match the lifestyle of the international citizens, then residential project should be your final bet. So if you are thinking of buying a home for your family from a long time then wait no more, as you will get the finest of the premium services and facilities at your doorsteps when you enter township. The construction work at this township is going on at a very fast pace and thus the Noida Extension projects will be completed by the end of this year. So don’t wait to invest, this is the offer you have been looking for. 

Supertech Group has already converted more than 33 million sq. ft. area of residential and commercial entity into architectural landmarks and more than 36 projects that accommodates nearly 6000 families. One positive aspect about Supertech Oxford Square flats that all the houses have been developed by the vaastu shastra rules. Only in this project consumer not only find world class security system but also special rooms for doctors for emergency. These dream houses have all the type of specification which is richer than another project. After giving quality housing to more than 10,000 families at Eco Village I and II, we now expand our commitment of housing for all, further. Eco Village II promises to provide high quality lifestyle at a pocket friendly cost, just like its predecessors.

Continue reading →

Supertech oxford Square project more than affordable for common people

Supertech Group has been in business for a long duration of time and within this period of time it has changed itself a lot to fit the modern property situation. This is the purpose that the developer has obtained the popularity of a constructor of quality property. From past 25 decades the developer is consistently attempting towards the improvement of Indian economic system. During its base decades only Supertech Limited revealed its mettle and shown that it has joined the industry to stay for a lengthy period. From that period until now, Supertech Group have not looked back, it has only grown with efforts and has won almost every task. This is the purpose that it has made quite a name for itself especially in the North Indian housing industry. The places it has protected so far include Noida, Ghaziabad & Meerut. Now the developer eyes the Tier I cities of Southern India and thus it has placed its very first personal property venture at the IT capital of South India, Bangalore. Soon Supertech will also be able to distribute its property kingdom in Southern India too. 

Supertech has a big part in bringing the structural rebirth to Noida and it has been able to do so by including up a number of structural edifices to Noida’s skyline. Now Supertech Limited has come up with another of structural wonders and has named it Supertech Oxford Square. These are top quality personal surfaces with dimensions which range from 1067 Sq ft to 2346 Sq ft. If you are fed up of working in small offices and living in similar houses then Oxford Square Greater Noida West is the venture you should invest in. This venture includes a total story area of 50 acres which is protected entirely with lavish green planned and natural scenery. These flats will be available in 2 & 3 BHK room options and thus will serve the needs of almost all family dimensions. Oxford Square Noida offers its citizens all kinds of top quality features which are needed by the modern individuals who look for modern luxury features in their houses.

Continue reading →

Supertech Eco Village makes you close to some important locations

Supertech Limited is a name which cannot be overlooked when you are talking about a buying a property especially in Delhi & NCR. The reason behind its popularity is its major projects which are located in the northern region of the nation which includes a number of major cities in Northern India namely Meerut, Ghaziabad, Bangalore and Delhi. The NCR is more or less occupied with projects by this developer. Most of the projects by the Supertech Group which are completed are commercial ones and are has become benchmark in architectural development. This makes the developer not only a constructor of spaces which are luxurious ones but also a great developer which has a lot deliver, as most of the projects by Supertech Limited are still under construction. If someone really wants to invest on basis of a brand name then Supertech will definitely be the first choice of many. This shows the belief of a plethora of customers in this developer and their trust that the developer will never promise anything which it can’t deliver within a stipulated timeframe. Thus, the Supertech limited becomes an organization which became a great choice for the customers who have a definite lifestyle to maintain. 

The landmark project which was rolled out by this developer is Eco Village 1 which became a prominent landmark in the Greater Noida West area and was sold out even before it completed a year. The project Eco Village was succeeded by two more instalments of this project as one township didn’t entirely suffice the demand of the common man for a dignified place to live. Thus were launched two more instalments of Eco Village, namely, Supertech Eco Village 2 and Supertech Eco Village 3. Noida Extension is a place where finding an apartment which fits into the pocket of a common buyer is almost impossible, thus Eco Village comes out as an option which best suites the needs of a common man. 

Continue reading →