Real Estate Indian Market Trends Aiding Buying & Selling

The best option for Middle Class

2007-12-22T00:05:00.000-08:00

The priority of every Indian family, irrespective of their economic strata has been to save for the marriage of their girl child, next in line is to plan for a permanent shelter which ostensibly also provides security. However with the turn around in the economy investing in real estate has become top priority for all, if not for personal use at least for the excellent return on investments. Money invested in real estate, for income and capital growth, provides stable predictable and long term income return. However, the most significant advantage of real estate investment is that such investments do not require day to day tracking unlike investment in stocks and shares where rate of interest fluctuates every now and then. This attractiveness of real estate investment would be further enhanced on account of favourable inflation and low interest rate regime. Within the above framework investment in real estate has become a good option . Return from real estate investment is obtained from rental, lease, and possible capital appreciation.The most favoured investment destination in India are the areas with strong Information Technology ( I.T ) business. It is estimated that IT professionals would grow at a rate of 20 % per annum. By 2030 India will need up to 10 million new housing units per year. Rapid population growth, rising incomes, decreasing household sizes and a housing shortage of currently 20 million units will call for extensive residential construction. This is the finding of a study conducted by Deutsche Bank Research.In Delhi which is come to be known as the BPO (Business Process Outsourcing ) capital of the world. The growth is happening in the adjoining areas, called as the National Capita Region , and it is prudent to invest in these areas , mainly Gurgaon and Noida for a good return on investment. In Bangalore real estate prices have already shot the roof and it better be ignored as investment in properties. Kolkata Pune and Hyderabad are the best options and the real estate prices are still at a realistic level.

Boom Time for Hospitality Industry

2007-12-22T00:04:00.002-08:00

As per the survey of a global hospitality consultant, M/S HVS International, hospitality industry and real estate India continues to have good time in future. As per the study, Bangalore has enjoyed highest room occupancy of 82% with highest average rental rate (ARR) of Rs.12,100/- The occupancy and ARR, in respect of other cities, such as Kolkota pegged at 77% & Rs.4500, Chennai 79% $ Rs.5850 and Delhi 78% & Rs.9750 respectively.Though traditionally, April to August is considered to be a lean season for hotel industry in India, yet there are certain destinations like Kerala and Goa which are round-the-year-destinations barring weekly fluctuations, therefore there is huge demand for real estate property in India. But as per the statement of Mr.Jagmohan Mishra, V.P(Operations) Bharat Hotels, there is buoyancy in the hotel market of metros. A positive point for Goa is that meetings, conferences, exhibitions as well as wedding markets are usually at an increasing pattern being a sea-shore and congenial climate whereas non-metro tourist destinations such as Agra and Jaipur etc. will face a dip of 25% to 45% in their occupancy and ARR in non-peak season i.e. April to August.

Expanding Islands of Real Estate

2007-12-22T00:04:00.001-08:00

The new development zones are a face of new real estate investment in India. Homes were not meant for investment. A real estate investment would invariably mean the islands of development which command premium prices. Hence property purchased in those areas would amount to real estate investment . The more the buyers for the limited space available in those development areas higher is the price. Hence there is sort of a descending-populations phenomenon as far as these islands of development are concerned. First of all what makes these places development areas is an interesting account in itself. First of all they are extensions of established cities, as spill-over effect. We have thus the given cities, the metropolitans turning into megalopolis and then extending into their suburbs. Suburbs, needless to mention, become the apple of the eye for the city-bred, jilted and tired of crowds and the traffic that just won’t abate anytime of the day. The city-wearisome would make a beeline for the suburbs, for low-population areas offer a ready sanctuary for those who want to enjoy the intimacy of a city and want to be away from it as well. Places like Gurgaon or the suburbs of Mumbai are the natural spill-over cities of the main lands. Properties for sale in these areas would be available in much more greater numbers than in the mainland. The choices too are pretty wide and hence the range of buyers. The appreciation shown by Gurgaon Properties and Places in proximity like Ghaziabad, Faridabad, Manesar are surely predict the future of real estate India to be incremental. FDI India or Foreign Direct Investment in India has opened up a channel for overseas investors to park their money in the development areas. This has further helped expand interest of the high-end investors and as a result more and more projects are now a norm of the day. The islands of development thus are expanding into bigger real estate and thence economic zones. Property for sale in India in these economic zones is slotted to be a premium one.

Indian Real Estate Market

2007-12-22T00:00:00.000-08:00

Are you searching a property? If yes, than do you know about Indian real estate market? If no, than here is some useful information just for you. How can you get a true value of your money? At the present time we have lots of choices but we have to concentrate on higher benefit through lower risk. Investing in real estate may be a way to get a good value of our investment. It covers minimum risk. On the other hand you must be careful about right investment, right property agent and government rules. With bit awareness you can get maximum return on your investment. Some objects play a big part in real estate market.Generally residential and commercial properties are two types of property, and government has different rules and regulations for those. Indian real estate market is a broad sector, therefore the individual States contains their own policies and rules. Anyone buying a property, have to be aware about state and center government policies, rules and regulation and consult a good property agent, also when you are choosing a property agent, and property developer, you should ensure about experience and prior work of such Agents. You should not sacrifice quality for small amount. Only good quality of product can give best profit and right value of investment.Indian real estate market is one of the intensively booming sector and Indian government is also promoting investors to invest in Indian real estate market. They are also providing investors many kind of facilities, with them investors can think to buy a property. Home loan, installment, subsidy lot's of other procedure are running in property market. Indian bankers are also launching planes for this specific investor. Real estate developer and real estate agent are offering customers number of schemes. Renting is also a new category of them. Estate agent offering rent facility to customers and NRI investors as well as Indian investors are showing interest in this category.

Builders Project In India

2007-12-21T23:59:00.000-08:00

Buying a home or a property is one of the most important aspect in one's life, which anyone aspires for. Earlier there were not many opportunities in Indian real estate market and only few people were working on property field but within last few years Indian real estate sector has been expending their boundaries from India to abroad and a new real estate market with various possibilities has been emerging with different types of builders projects in India. At present time, it is easy and more profitable to buy property in India. Now, Indian real estate has became an organized sector and have its own concept. Real estate members started thinking globally, targeting not only Indian investors but also foreign investors through their modern technologies, new style, good market value, reasonable prices and various opportunities.Boom on property business are pressuring other associated business to change their strategy and policies in favor of real estate market. Bankers understand requirement of a new type of investors, who want to invest in real estate market. They are providing home loan to customers on lower interest and under lots of schemes, also providing customers subsidy on home loan, even builders projects in India are also dependent on bankers and their schemes. Government is launching various programs to attract property buyers and appreciating investors to buy property in India.Property or real state sector contains a better money growth than other sectors, and on other hand, risk factor is minimum here. Real estate India, due to this reason is one of the biggest growing sectors of world.Buying property in India is also suitable for investors due to emerging new renting system. After buying a house, one can easily get a well paying renter. A new, modern concept and a new thinking differs from others are making unique builders projects in India

India Property

2007-12-21T23:57:00.000-08:00

Real Estate India is one of the main theme of diversification for national and multinational investors with particular emphasis of buying residential & industrial properties in Delhi & N.C.R. The main reason behind this logic is that the economy of India has achieved a sustained growth and is further progressing day by day in all fields i.e. industrial production, information technology, agriculture, real estate, travel and tourism etc. On top of it, the big businessmen of India have given a catalytic effect to its economy by purchasing big industries through out the world in recent past in the field of steel, aluminum, I.T. and other various sectors.Since property in India is becoming a heaven for safe investments, FDI has increased by 100% within two years comprising major share in real estate and infrastructure. Moreover, the country is trying to successfully host the common wealth games in 2010 and cricket world cup tournament in 2011. There is dire need to emphasize the development of real estate and tourism related infrastructure in Delhi & N.C.R to face the national and multinational influx in the coming years, as there will be great need of habitation unit as well as travel and tourism sector. In addition, Delhi has begun the process to bid for the Asian games in 2014.The Essel Group shall develop 45 entertainment centers in smaller cities across the country. To be developed under E. City ventures, the project size is $ 453 million and the company will raise $ 145 million through F11 placement. In addition, zoom motels is in pact for 11 budget hotels in association with IRCTC with an investment of Rs.350.00 cores.Real Estate India market News reported that nine key trends were depicted which will shape the business landscape of the Indian real estate in another 3-5 years ; A shift in the project magnitude getting bigger; Great geographic de-concentration as the focus of developers shifts from metros to smaller cities; Emergence of some national level developers. Consumer acceptability towards leasehold residential Properties will increase significantly. Industry will witness a shift from land-focused transactions to Development transactions. There will be Upward movement of construction giants on the value chain. Emergence of a stronger real estate capital market is imminent.

Commercial or Residential property in India

2007-12-21T23:56:00.002-08:00

With the pace of time Indian real estate market is emerging as one of most lucrative options for investment in the world markets. Since the amount of investment is large, the investors first want to know about the credential of developers and the number of project developed by them before taking investment decision. A large number of NRIs, besides their motives of investment, want to buy residential property in India or buy commercial property in India ,as the growing economy of India also offers huge opportunities.According to the statement of an IT professional, India is also offering very bright and challenging prospects equivalent to any other world class universities and that is why the NRIs elite group is in no mood to stay abroad and anxious to come back to India.The present worth of real estate is around $ 16 billion and may reach approx. $60 billion by 2010. Needless to mention heavy-weight investors from across the world may also enter in the fields of real estate and infrastructure.The main factor behind the rapid growth of real estate has been the boom in IT and ITES industry. It is expected that the industries would employ around four million people by 2010 which will considerably increase India’s GDP as well as foreign exchange inflow in future. The other factors, which boost the real estate and infrastructure development in real estate India , are that generally acceptable English language is widely spoken here and talent pool is unlimited as the country churns out around 15 million graduates every year. As compared to U.S, the man power cost is also cheaper in India by 10 – 14%.As per the recent survey, only one quarter of Indian population lives in urban areas whereas China’s ratio is 40% and that of Eastern Europe is two-third. Urbanization in India is still far from over and government is promoting smaller as well as new cities at a faster pace and thus provides a safe heaven for investment in real estate (particularly Delhi & NCR) to the buyers throughout the world

Growth of Real Estate in India

2007-12-21T23:56:00.001-08:00

The Growth of the Real Estate in India and How you can profit from it.Indian realty is growing at 30%, particularly in Tier II and Tier III cities. The $15 b realty market is expected to reach $ 90 b within the next 8 years. If you have proper info, you can profit from this bullish market. The rise of the middle class ( 500 million ), Non Resident Indians investing in Indian realty, Foreign Direct Investment entering the market, expansion of MNCs and Indian multinationals, proliferation of eduational instistutions, growth of IT, BPO, food processing & health care - all these are the factors responsible for the growth of Indian realty. Chandigarh, Gurgaon, Vizag, Coimbatore, Kochi, Jaipur, Nagpur are some Tier II cities witnessing unprecedented boom. Real estate prices are now not affordable to the common man. IT parks are proliferating and more and more MNCs are entering India. NRIs, traders, well settled doctors, lawyers, engineers are ready to spend crores for their dream lands. After purchasing these lands, they are spending 50/60 lakhs on construction. How can the common man, bereft of the much needed capital, afford houses or flats in India ? Trading is one of the reasons for the rise in prices, as a high potential nation industrialises slowly and steadily . Many builders have stepped in the realty sector and they are buying old houses, renovating them and selling them off at a huge profit. Across the length and breadth of India, real estate prices are skyrocketing, as NRIs and foreign firms fuel the demand of residential space and business. Whether you buy in South, North, West or East India, the chances of your capital appreciation is immense. The Indian GDP is growing at 9.1% and India has already opened up the Realty, Agri and Retail sectors. Research has it that realty can give an average return of 8%. Realty prices are doubling in some TIer I cities like Bombay, Chennai, Bangalore etc. Residential prices have gone over Rs 5000 per sq feet and commercial prices are over Rs 10000 in Tier I cities. Goldman Sachs has predicted that the top six economies of the world in 2050 will be China, USA, India, Japan, Brazil and Russia! The demand for IT space is estimated at 66 million sq feet and commercial space 15 million sq feet. There are three main types, flipping, speculating and investing.Speculating This is equal to the speculation in the stock market, when you buy a scrip and sell it when it rises. This is the wait and watch approach to realty investing and it requires a fairly good financial background, as you might end up owning homes before you decide to sell them. If you can identify the right property, you can make a lot of money. Speculators are on the rise, with loans becoming easier. FlippingThis is the method of buying and selling properties in a short span of time. You just buy the property and when the prices go up, you sell. The advantage of Flipping is that you dont require vast amounts of money. InvestingThis is the method of investing and holding on for a longish time. The long term investor always benefits in a developing market. You have to choose your right market, You can find a low market. You should buy undeveloped land and hold on for a long time. Buy cheap, sell dear is the motto. You have to do your homework properly. You will find that successful real estate investors spend a lot of hours studying graphs and charts before investing. Future is unknown and nobody can predict what will happen in a years' time but a good investor can make an informed guess

Making Money in Real Estate Marketing

2007-12-21T23:42:00.001-08:00

Real estate investment property has always been an area much loved by the rich and the famous. If you have real estate business, you are well aware of the importance of marketing. Internet marketing is an excellent solution for real estate. A real estate agent can reach people who they would not be able to meet otherwise by using Internet marketing.
Those figures would seem to indicate that a large number of Indian homeowners don't believe that now is the time to take on any more debt. But does that mean the overall economy is slowing down and that the home price booms are over? Not necessarily, but it would seem to indicate that Indian consumer confidence has waned significantly. Either way, it's a safe bet that economists will be keeping a close eye on the market for trends.
You need a Professional Web Site for Your Real Estate Business. You need to present a professional online image for Potential clients who find your web site will equate the professional look and feel of the web site to your own professionalism, since the web site is the only piece of information they have to evaluate your real estate business.
As home prices continue to rise at double-digit rates in many areas of the country (or double in the past four years, as was the case in India), an Experian-Gallup Poll found that nearly two-thirds of all Indians (60%) expect prices to keep rising. On the other side of that coin, a large majority (85%) of homeowners said that it's not a good idea to take on any more debt in the current economy. That's not good news for those who study things like consumer confidence.
Mr. Mahajan beginning real estate investors how to find, finances, fixes, and sells houses. No matter what the real estate market does, smart investors still make money. Find out how to make more money using interior design psychology strategies and get a free Survey, The Truth about Making Money Flipping Houses at OnlineGhar.com
This web site for real estate business should have a professional look and feel and have information about business, and services that provide their your clients.It has a great tool to keep in touch with you, share information with them and educate you about your products and services.

Real Estate Prices Soaring in Bangalore

2007-12-21T23:41:00.001-08:00

Bangalore Real Estate: Scales New Heights
The international airport in Devanahalli is seeing real estate, in and around the area, attract huge investments, while appetite for commercial, residential and retail space in Bangalore remains at an all time high. But, it is the construction of the airport, showcase project of the southern city that is drawing the biggest names in the business to the northern part of Bangalore.
Real estate analysts say, though projects are being announced on a daily basis, the focus is on building land banks to be unlocked, once the airport nears completion. The last twelve months alone, have seen real estate prices on National Highway that leads to the airport, jump as much as 35 to 70%, as owners of critically placed land hike plot prices on a weekly basis.
According to Ashish Singh, Director of Cushman & Wakefield (realty consultants), here are more joint development deals than cash deals on the table at the moment, with prices at levels that seem risky to mid-size investors, as scope for appreciation seems less for them. Investors are also keenly eyeing the partnership with Bangalore International Airport to develop 300-acres of non-aeronautical business land inside airport land boundaries.
While, small and mid-sized investors seem hesitant to invest, however, large investors from Delhi, Mumbai, Pune, including high net worth NRIs are chasing big, bigger, biggest deals. Reliable sources inform us, Reliance has been seen scouting for land in the area, its big ticket entry into the real estate market, while US hotelier Sant Singh Chatwal is pooling together major US investors for staking claim to large land tracts around Devanahalli.
And, top developers like Prestige, Sobha, Hiranandani, Raheja, Emaar-MGF, DLF are on the look out for opportunities, as well. Dubai-based Emaar, in a joint venture with MGF, is in the hunt for land, as well for the launching of its world class townships. Hungry for land, Sharavan Gupta, MGF Managing Director says the joint venture is open to alliances with strong local partners with significant land holdings on a project-to-project basis.
At the same time, Mumbai based Raheja Group is in talks to acquire a sizeable land bank in Devanahalli, whilst Ajmera Group is negotiating with a few land owners to acquire between 50 to 100-acres, in and around north Bangalore's international airport. Falling apart infrastructure or no infrastructure, it has done little to deter the who's who of global real estate from buying every inch of Bangalore real estate, Bangalore land that has acquired the status of a potential goldmine.
If you inherited land from your forefathers in the area, keep a grip on it, and if you hang on to it long enough, it could well garner you a billion ere too long. Hold tight till the moment's ripe, you'll be a billionaire when the time is right!

Contribution of NRI's To Real Estate Boom

2007-12-21T23:38:00.000-08:00

The real estate market in India is getting hotter not only from within but also from outside. If the local investors are leveraging the higher trend of real estate rates from within, it is pressure from the Non Resident Indians (NRIs) and global market players that are determining the future of the real estate boom in India.
Malini Alles, a Silicon Valley billionaire and social activist has launched Maia Fund, a real estate $150m fund with a greenshoe option of another $100m to invest in the Indian property market. She also proposes to chip in $10m into the fund.
An entrepreneur from US, Raj Vakharia, announced the launch of a private equity fund, which will invest $250m worth of US institutional capital into India's booming real estate market.
These are not just one-off reports that are making headlines in the Indian real estate business. Rather, such investments are becoming a routine in the highly rated real estate boom in India. The NRI investment in India is constantly on the upswing thanks to the liberal investment policies of Indian governments at the Centre and the States.
The technology boom is largely considered as a major contributing factor in the present boom in the Indian real estate sector. The tier I cities like Bangalore, Delhi, Mumbai have registered a phenomenal growth in the past decade. This boom is slowly percolating to the tier II and tier III cities like Chandigarh, Gurgaon, Pune, Hyderabad, Mysore.
The NRIs, who had left the country for better opportunities abroad and made it big in the alien land have started looking at dream India positively. Their desire to invest in immovable properties in India is seen as reverse brain-drain (as is known in IT circles) in the real estate sector. And all this is the result of sustained liberalized policies adopted by the successive Indian governments. The Indian juggernaut has just started to roll and it promises greater revolutions in every future roll!

Real Estate prices ignores Appeasement

2007-12-21T23:34:00.000-08:00

Real estate clobber in India is anchored in its stout financial augmentation currently being observed in the nation, principally in the ITES sector, which has created innate requirement in Realty sector, mainly in the housing sub-division. The realty segment fête in India is roaring right now and seems to flout the laws of gravity. Albeit we exclude the standard demand in the metropolitan cities still we will be observing an elevated latency in the bazaar.
The envisaged bottoming out of the real estate market has not turned out hitherto. Market analysts suggest countless explanations, like the ongoing buoyant outlook in the market to the dawdling deliverance of stock on the supply side. "High grade office supply is still short of demand. Three years ago, the entire office stock of the country was still less than Bangkok city. Even today, the city states of Hong Kong or Singapore have more office stock than the all-India market," said Anshuman Magazine, CEO of property brokers CB Richard Ellis India. Then again, CEO of Colliers Jardine Property Services, Akshaya Kumar, felt the strong upbeat mood, both in the stock market and in the economy in general, are propelling prices. "Prices are still firm. There is no sign of a let-up," Mr Kumar said.
Real estate prices in the country have been skyrocketing for more than eight months. In various cities and different segments of the property market, prices are rising stridently, ranging from 15% at the stumpy end to 40% for high-demand properties. The admonition sounded by HDFC chairman Deepak Parekh also failed to have any beneficial upshot on the inflamed realty market.
Prices have stopped rising or have fallen in some (exceptional cases) markets where the growing ascent was rapid and motivated by speculators, Gurgaon and the National Capital Region (NCR) for instance. Infotech and ITeS industries have continued to be the main propellants for commercial real estate, consuming as much as 70% of the new stock coming into the market. This has indirectly - and through secondary buying in other property sectors like residential housing - fuelled prices.
A survey by Richard Ellis mentions that 80% of the commercial supply of corporate grade office space was being snapped up by the IT and BPO sectors. The survey predicted that commercial supply is expected to cross the 100m square feet mark by the end of '06. "The year '03 saw a total stock of approximately 36 m sq ft, which grew to 58.1m sq ft in '04. The total stock is expected to add over 23m sq ft in '05 to reach approximately 82.3m sq ft. The year '06 is expected to add approx. another 24m sq ft, thereby making the supply cross the 100m sq ft mark," the Richard Ellis statement said.
Significantly, however, the story of commercial real estate has shifted away from the big cities, as Pune, Hyderabad and Chennai have come into the limelight in the past six months, said the half-yearly property survey by Colliers Jardine. "Central Business Districts (CBDs) of most metro cities have been out-performed by suburban locations where new stock is being developed for IT/ITeS companies as per their requirements. This new stock is represented by grade 'A' quality buildings, larger floor plates with higher efficiencies, ample car parking with prices ranging from Rs 20-40/sq ft per month," the report said.
In Chennai, the most significant office space development is taking place on the Old Mahabalipuram Road, and the city promises to deliver around 3m sq ft over the next 12 months, the report added.
From the consumer's point of view, office rentals have not spiralled upwards as have capital values. In Delhi, the Colliers survey said that the rentals in the central business districts like Connaught Place have seen an appreciation of 10-20%, while in the Gurgaon-Noida region, they remain in check due to huge supply.
In Grade 'A' buildings such as the DLF's Cyber Greens and Unitech Cyber Park, rentals are in the Rs 30-35 per sq ft per month range. In the CBD locations such as Birla House or DLF Centre, lease rates are from Rs 85 to Rs 150 per sq ft per month.
In the retail sector, Mumbai's shopping mall development has shifted almost entirely to the suburbs after the initial spurt in projects like Phoenix Mills and Crossroads. Cheap industrial land is a factor. By end '06, it is expected that there will be around 26 fully-functional malls covering 4.8m sq ft.
In Delhi, though, retailers are opting more for high-street locations as a majority of the mall space is under planning, the Colliers Jardine survey reported. The concentration of malls is mainly seen in Gurgaon, Ghaziabad, Indirapuram, Vaishali and Kausambhi. By end '07, the NCR Region is expected to have as much as 18m sq ft of running shopping malls, the report predicted.

Real Estate Realty check in Delhi/NCR

2007-12-21T23:30:00.000-08:00

Real estate in India is booming, and how. You can see it in the billboards of new real estate projects being promoted by builders. You can see it in the upsurge of home loans being given by banks, both national and multi-national. You can see it in the smile of investors, who are seeing the price of their property shoot up in a matter of weeks.
This is the Real Estate revolution, the likes of which India has never seen before.
Capital values in residential and commercial real estate have more than doubled in some locations in the five metros over the past 2-3 years. In Delhi, the metro, malls and the Commonwealth Games are driving up land prices. So even though the work on NH8 is taking an inordinately long time, no one is complaining in Gurgaon. Ask the 4000 people who invested in Unitech Apartments over the past one year, or the scores who are queuing up at the banks for a home loan to fund their dream house!
Gurgaon and NOIDA have witnessed an unprecedented surge in real estate prices, and the spillover effect has been felt in Faridabad, Indirapuram and Vaishali in Ghaziabad. Demand in these places has grown, thanks to their proximity to well-established locations in the NCR. Even within Delhi, Mayur Vihar, IP Extension, Rohini are the next real estate boom towns. In Dwarka, where the Metro service to Connaught Place is expected to begin by the end of 2005, capital values have gone up by 50 per cent. Experts opine a 6-8 per cent appreciation in the inner city and about 10-12 per cent appreciation in the suburbs in the future.
Mumbai continues to be the most expensive residential real estate in the country, even though it has not shown the kind of upswing in prices that the Capital has. Property values have moved up by approximately 30 per cent in the past two years. Demand for places like Lower Parel and Byculla have gone up due to their proximity to south Mumbai and relatively low prices, with values surging 14-19 per cent last year. And the trends forecast a continued demand by end users in the real estate market.
Bangalore is still fighting the problems of a small city turning into a super metro but that's not stopping the real estate boom down south. According to Knight Frank India Research, the city has a huge untapped potential for bungalows and villas, and builders who have done just that are reaping the rewards in areas like Whitefield, Brookefield, Old Madras Road and Bellary Road. The trend here is not to invest in the traffic- congested town centre but to move towards townships that are likely to develop in the outskirts.
Investing in real estate in Kolkata would have been inviting disaster even 5 years ago. Well, no longer. With interest shown by IT companies like Wipro, IBM and Satyam and the Bengal Ambuja venture taking off, the city is suddenly showing a new lease of real-estate life. Places to look at are Rajarghat, EM bypass and Gariahat.
The commercial Property market has been fairly stable with the primary driver being IT/ITES which accounts for 70-80 per cent of all transactions. Retail real estate is still nascent. Although malls have mushroomed in all the metros, the business models needs to be looked at as the footfalls have been increasing but sales have been disappointing. Though the consumer is enjoying the mall culture, one can't really ring the death knell on them as yet.
The question however plaguing every real estate industry participant is "when will the bubble burst?" The good news is not just yet.
Given the wild climb real estate prices have been on, it is inevitable that they will plateau.
Almost all property experts agree that it does not mean they will slide. Prices will climb, but the rise will be far more sedate in the future. The key to this will be interest rates. If inflation is kept under check, interest rates will stay stable. You can then expect a surge in demand for housing and in values of property.
So, if you have been longing for a dream house, stop dreaming and buy one now. Believe us, there's only one way your investment can go, and it's up.

Apartments with Modern Amenities

2007-12-21T23:29:00.000-08:00

Various kinds of apartments, both pre-construction and already built, are available in cities across India.
Multi-storied, from two-bed to four-bed type with two-bath or more you can get. Want to be at the first floor or at the top, you can find. You want more spacious bed-room with extra-large balcony which can have sun light and open sky, there are such India apartments.
All types of apartments are there. Only you have to select from many options. If you want to be in Delhi or NCR regions, Mumbai, Kolkata, Chennai and suburbs there are upcoming projects. You are in tyre-ii or tyre-ii type cities like Jaipur, Bhubaneswar, Lucknow, Bhopal, Hyderabad or Shimla you can find apartments.
Want apartment in Bangalore, the city of knowledge and India’s IT capital, Sobha Developers has two under construction apartment complexes - Sobha Beryl and Sobha Basil at Tumkur Road. These apartment will be of highest quality and with the best amenities. The location is also very much conducive for residential houses.
Neelkanth group is coming up with a project at Chembur in Mumbai. You have options of spacious 2,3,4 BHK flats. Each flat at this complex comes equipped with posh amenities that support a handsome lifestyle including a 55,000 sq. ft garden and a Mediterranean style clubhouse.
Out of Indian property sites the one in Sector 80 of Faridabad, bordering Delhi, the Crown Group is developing a modern housing complex. There are apartments of 2, 3 & 4 bedrooms with total construction area of 16 lakh sq ft. The beautifully landscaped multi-storied housing will have all the modern facilities with full power back up, lifts, ample car parking, club house, swimming pool, and children play area.
In Faridabad, Era Infrastructure (India) Ltd is coming up with a group housing project over an area of 25 acres. The houses being built here will be equipped with all the latest amenities. The buildings by themselves are equipped with a stretcher and regular lifts besides the service lift, a general wash room for each floor of the building, ramps for physically challenged, intercom connectivity, grand entrance foyer and lift lobbies.
Also, Omaxe Group is coming up with ‘Green Valley’ in Faridabad. Sprawling over 25 acres of land the project includes parks, commercial complex, shopping and recreational facilities. The group’s other two residential projects, ‘Omaxe City’ and ‘Omaxe Hills’, are in the pipeline.
To know more about India apartment, visit www.realtyplusmag.com. The monthly magazine on real estate in India has details on residential properties all across the country.

Indian Houses and Apartments

2007-12-21T23:28:00.000-08:00

Owning a piece of space under the deep blue sky is the dream of every man. With the ever increasing population, and increased buying power, the demand of Indian houses has increased. With growing appetite among the people for Indian houses and apartments, India is experiencing a housing boom. The details of Indian houses and Indian apartments are given below.
Indian houses can be broadly classified into Individual House, Bungalow and Farmhouse.
Individual house consists of two bedroom, three bedroom or even five bedrooms. It carries a price tag of anywhere between Rupees 15, 00,000 to Rupees 35, 00,000. The pricing depends on various factors like location, accessibility, size of the property etc. In metropolitan cities and other big Indian cities, a two-bedroom house may even cost Rupees 40, 00,000.
A bungalow is a single story house with an optional basement. It is often associated with the rich people. And it comes with a bigger price tag. Its price may range between Rupees 80, 00,000 to Rupees 1, 50, 00,000.
A farmhouse is usually located outside the city in and around tourist destinations. It is serves the purpose of holiday goers. It also easily carries a multi million price tag.
An apartment is a self-contained residential unit or section that occupies a part of a building. An owner or an occupier may own apartments or it may be rented one.
Some apartment-dwellers own their apartments as cooperatives, in which the dwellers or residents own shares of a corporation that owns the building or development. Its ownership can also be in condominiums, in which, residents own their apartments and share ownership of the public spaces.
Apartments have become the latest craze in residential property in India. The Indian metros, their suburbs are currently witnessing frenzied development. The latest trend is self-contained townships wherein residential, commercial and retail zones are all located within the same development area. The Sahara Group has already decided to build 217 townships across India.
To get a fair idea of the various details of housing, and pricing of Indian houses and apartments, a buyer can visit www.realtyplusmag.com . This portal gives every detail and reviews of real estate. It provides the surfer information on the latest trends in housing, the location profile, and also answers every related query posted by the surfer.
Article Sources:

Property In India

2007-12-21T23:25:00.000-08:00

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. Property in India gives you such diversity! It is not without reason that India has emerged as a keen competitor in the global 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.
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 residential property. 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.
Find different types of land of varying sizes, all over India. The most coveted land for sale in India includes land in the outskirts of bigger cities, in smaller town and in rural areas. Buy land 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.
India is a fast growing economy, with a booming real estate market. To make the most of property in India, read Realty Plus and update yourself. Realty Plus is India's first real estate monthly magazine packed with hundred pages of in-depth reports, surveys, analyses and expert views on a variety of real estate issues. Learn everything about properties in India for sale, buying, selling, renting and leasing out. Realty Plus gives you the best listings of Indian property sale, property sites and information on 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.
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 property in India, rest assured that you are making a wise decision. And only Realty Plus magazine gives you all input, which can help you make the right one.

Buying Property In India

2007-12-21T22:48:00.000-08:00

India is a beautiful country, full of contradictions and contrasts, with abject poverty living side by side with affluence. There is Asia''s largest slum in Mumbai, right next to the most expensive real estate in Asia. It has an ancient civilization and culture, and a rapidly growing young educated population. You can play golf in a beautiful course in the centre of New Delhi, at a course where the greens are flanked by monuments built 400 years ago. Now, however India has come into the forefront for many more reasons. For the last few years the IT boom in India and the amazing technological advances here have fuelled a massive interest in most sectors. It has become the hub for most software development, and the outsourcing industry has seen foreign direct investment rise manifold. This has led to a rise in all ancillary sectors and has been responsible for the real estate sector becoming one of the most lucrative investments in India. As in everywhere else in the World, property development in India can be classified into two sectors ? the commercial and the retail sectors. There are a few paradigms which are unique to the Indian sub-continent and which need to be taken into consideration before any investment into real estate. India is a large country, with an even larger population. Real Estate, especially in the metro and urban areas is scarce and is mainly driven by demand. Until a few years ago, it was the stronghold of a few, most of it was owned by individual owners and there were almost no large corporations or conglomerates involved in this sector. Real Estate was bought and kept for generations as easy buy and easy sell systems did not exist. Even now 99% of India''s urban middle class will buy a property only once, and will probably live in it all their lives. Even if anyone wanted to buy more real estate ? loans have been difficult to come by, and the interest rates were too high. The young lived with their parents, or in rented accommodation. Rents took a large chunk of their earnings, but the prohibitive interest rates, and scarcity of land prevented them from buying their own homes. Commercial property was also very scarce. In the large metros such as Delhi and Mumbai, there were very few fully developed commercial complexes and the satellite towns had not yet come into their own. Property Market Today the scenario has changed amazingly, to the benefit of all those connected with India. For the last few years everyone in India has been talking about the property boom in the metros. However the sale price of large properties in the heart of Mumbai, has stunned even the most optimist of investors. An amazing $100 million dollars for a relatively small property of 5 acres seemed unrealistic, but as days went by everyone realized that the property boom in India had finally arrived and would stay for a long period of time. There are many factors that have propelled this change - all interconnected ? and mostly driven by the boom in the technology sector and the rapidly growing urban middle class. The rise in foreign direct investment, an economic growth rate of over 7%, rising salaries and a loosening of the stringent lending regulations have given rise to a real estate market which is expected to show a growth rate of 25% annually. In the retail sector ? or the residential sector, the boom has been just as great. The mortgage rates at 7.5% to 9 % are among the lowest in the world. The satellite towns of Delhi, Mumbai, and other metros have sprung up very quickly, and most developers have bought large tracts of land. These are being built into highly affordable apartments to cater to demands from the young affluent executives. The entry of large corporations into the residential sector has led to a raising of standards and a more efficient infrastructure. Why Invest in India? There is no real survey that has been done on the kind of return one can expect from investing into property in India. However, figures on the advent of foreign investment, and into the kind of developments ongoing speak for themselves. The Indian government has brought in new regulations to permit foreigners to bid on construction projects, without the mandatory local partners, Sam Zell, one of America''s best known real estate entrepreneurs has said "There''s probably no better market in the world for low cost housing" . The easing of restrictions has seen the inflow of companies from many countries investing in the Indian market. Until 2002, India had only 3 shopping malls but by 2008 this is expected to rise to over 250. Reliance Industries, India''s largest conglomerate is building over 40,000 retail supermarkets, and as they say it ? once they enter the market "it will be a bloodbath out there". The local developers such as DLF, who in the 1980s bought large chunks of undeveloped land in the outskirts of Delhi in Gurgaon, are now reaping in the harvests of their investments. Gurgaon, after Bangalore, has become India''s second largest technological hub. The return on their capital investment is believed to be between 30% to 50% . By next year ? 2007, it is expected that more 35 million square feet of commercial space will be released in the market. The outlook for capital invested in real estate in India is very promising. The demand will exceed the supply for many more years, after all there is a population in excess of one billion people. The economy is buoyant, the demand for commercial and residential space will only keep rising. The advent of large overseas commitments in this sector, followed by the rise of corporate developers has seen the development of even the smaller cities such as Pune, Jaipur, Chandigarh etc. Most of these developers are looking at a return of 15 to 25 % A study conducted by the United Nations has said that by 2015, ten of the world''s largest cities will be in Asia (excluding Japan) and three of these cities will be in India. A " Knight Frank India Research ''India Property Investment Review Quarter 4 2005'' " has stated that "Returns from rental income on investment in commercial property in metros is around 10.5%, the highest in the world" As is evident, investment in to the real estate and property market in India can bring high returns, and will be an investment in the future of one the most rapidly growing economies in the developing world.

Trends In the Real Estate Market

2007-12-21T22:42:00.000-08:00

When Satish, a Non-Resident Indian brought a 1000 sq feet flat in Delhi, India for Rs 30 Lakhs in 2004, he thought he was over-paying for it. Today, not only has the value of the flat more than doubled, but Ram, who is based in Austin, Texas, is truly estatic, that for the first time, his real estate investments are giving him such a return. He has not only brought into upcoming projects but is also scouting for more. Says Ram “ This market have not even reached 20% of it’s potential. Any investment in real estate here is bound to be profitable.” That statement clearly sums up the Indian Real Estate Market.Going by recent trends the India properties market, is not only booming, but growing by leaps and bounds. Research data estimates that the Indian Real Estate Market is expected to grow from the current 14 billion dollars to a whopping 102 billion dollars in the next 10 years. Since the September 11th attack in the US, investments in Indian markets have gathered pace. India has encouraged Non Resident Indians (NRIs) and Foreign Investors with tax incentives and relaxation of foreign direct investments (FDI) rules. The dramatic change in sentiments is clearly visible in India’s bulging foreign exchange reserves, which are at a record high of over 120 billion US dollars. And the Reserve bank of India has further relaxed the rules for NRIs with respect to repatriation of foreign exchange on real estate investments. Besides being a safe destination, India offers 15 to 25 per cent returns, perhaps the highest in the world. 30 per cent of all high major real estate transactions in Mumbai are accounted by NRIs.Moreover, with increasing volatility in stock markets and falling interest rates, many investors have started considering investment in commercial and residential properties. The bottom-line is that this is the time to go shopping for property; as the market has started firming up already. As the organised market develops, real estate as an investment is one of the better options available today. In fact the main growth thrust is happening due to faourable demographics, increasing purchasing power, existence of customer friendly banks and housing finance companies, professionalism in real estate and favourable reforms initiated by government to attract global investors. So which would be the potential growth areas to look for ? The main growth sectors include residential real estate, commercial real estate, retail sector, industrial sector hospitality and healthcare sectors. The commercial real estate sector is led by the booming information technology and information technology enabled services industry. Estimated demand from this sector alone is estimated to be 150 million sq feet of space in cities throughout India by 2010.In residential real estate there is a shortage of almost 20 million units, of which 7 million are in urban India. The increasingly organized retail sector is also a magnet for growth. With Mukesh Ambani controlled Reliance Industries and many other top industrial houses entering into organized retail in a big way, the growth potential is enormous. There has been a mushrooming of retail projects all over the country. The real estate investment sector has never had it so good. But it was not always like this. Ever since India started liberalizing its economy, the international property investors' refrain has been that though the country opened up its most crucial infrastructure sectors to foreign investments, it is still reluctant to allow FDI in the property market. The government justified this by citing political and security compulsions. However, realizing the huge investment potential in India, Chesterton Meghraj estimates that the country will require investments of $24 billion over the next five years and that development of the real estate segment is crucial for its economic growth. The same belief led the erstwhile National Democratic Alliance government to permit as a part of the budget proposal, FDI in township development, information technology parks, special economic zones and hospitality sectors. But many feel the liberalization was half-hearted. For instance, though the new policy allows a 100% FDI stake in a venture - which, incidentally, is allowed in few sectors - there are stumbling blocks in the form of clauses, such as a minimum lock-in period of three years before original investment can be repatriated, and a project completion mandate that a minimum of 50% must be completed within five years of possession of land. This is why there were few proposals in the initial years. But over the last six months, a slew of foreign construction groups have been seeking government clearance to invest in the country. A few major FDI proposals that have taken place include :-• Dubai-based Emaar Group has invested $100 million in a township project in Hyderabad that includes a hotel and a golf course. • Jakarta-based Salim Group is to invest over $100 million in a 309-acre (124 hectares) township project in Kolkata. This Rs500 million ($11 million) project will be developed as a joint venture between Salim Group and the Kolkata Municipal Development Authority. • High Point Rendel of UK, US-Based Edaw Ltd and Kikken Sekkel of Tokyo have teamed up to work on a township development project in Jharkhand. • Canada-based Royal Indian Raj International Corporation is coming up with $791 million for Royal Garden City, a fully integrated township in Bangalore. The total development will include 35,000 residential units with an investment of approximately $2.9 billion and is scheduled to be completed by 2015 in various phases. This is the highest FDI investment till date. • CESMA International Pvt Ltd, a subsidiary of the Singapore government's housing agency, along with the Andhra Pradesh state government, is promoting a township in Hyderabad. • Lee Kim Tah Holdings (a Singapore-based company) with an investment of $115 million is developing a 100-acre mega township along with commercial complex and related social infrastructure near Mumbai. • The Andhra Pradesh Housing Board has approved a 50-acre township in Vijaywada. CESMA International will construct houses and apartment blocks here. • Malaysian developer IJM is working on a township spread across 35 acres in Hyderabad near Hi-tech City. • Ho-Hup Construction Company Berhad is coming up with a 125-acre development project at Shamshabad in Hyderabad along with the Andhra Pradesh Housing Board. • SembCorp Engineers and Constructors Pte Ltd, Singapore, is working on eight projects in Mumbai, Pune and Bangalore. The company has invested $50 million. • Universal Success Enterprise Limited of Indonesia has signed a memorandum with Delhi-based developer Unitech Ltd for a $155-million information technology park and housing project in Kolkata. • Singapore's fifth-biggest property group, Keppel Land Ltd, made its first foray into India after buying land in India's software capital Bangalore for $13 million. Keppel Land, which is partnering Puravankara Projects Ltd, is developing the first phase of a condominium project located in an area known for high-tech campuses. It will be launched in early 2006. • Singapore-based Evan Lim & Co Pte Ltd is associated with a township development project in Visakhapatnam, Andhra Pradesh. More over, land in India is mostly freehold land. In fact certain important markets like Mumbai in Maharashtra are seeing a dramatic increase in land availability as textile mills lands in the heart of the city are opened up to redevelopment. The other big opportunity, say industry sources, is the involvement of state governments in large-scale government projects like development of the surplus land of Mumbai Port Trust or that of sick public sector firms. State governments have realized that they can make more money if they get into joint ventures with private developers than just selling the land. This is an ideal opportunity for foreign investors because such arrangements reduce entry-level costs. But not all real estate investments are so easy. In India, it is very difficult to find large plots near big cities. Foreign investors prefer to stick to larger cities because returns there are more lucrative. Moreover, a minimum lock-in period of three years from completion of a project is mandated, which nullifies an investor's flexibility to play around with the time frame or phasing the project when circumstances get beyond control.The other problem that acts as a dampener for foreign investors is the insistence of local financial institutions on a personal guarantee from property developers over and above the land as collateral. Another problem is that local banks and financial institutions also tend to loosen their purse strings when property prices are rising because that raises the value of their collateral, but when prices fall, they pull out, triggering a bust. Still, all agree that the potential of India's real estate sector is huge. It is one of the most attractive markets for two reasons. One, with a billion-plus population, the opportunity is huge; no other market is going to witness this kind of growth both in commercial as well as residential and retail markets. Two, the industry has an average rate of return on capital in excess of 30% and it is not unusual for local developers to achieve IRR of as much as 50%. Clearly, India rocks in real estate. You cannot disagree.