Bangalore Real Estate: New Investment Plans for NRIs
Feb28

Bangalore Real Estate: New Investment Plans for NRIs

Non-Resident Indians (NRIs) have been attracted to the Indian real estate for many years now. Mainly because the Realty prices in the country are much more affordable as compared to other places on the globe. Furthermore, to propagate Foreign Direct Investment (FDI) the Indian government has launched many attractive schemes to attract NRIs to the Real Estate market. Subsequently, the Realty industry has never failed to attract the attention of the NRIs. Even the Reserve Bank of India (RBI) has given special permission to NRIs holding an Indian passport to invest in the residential and commercial properties in India. This has opened a new avenue and hope for the Indian real estate. It is only fair to say that the NRI contribution has boomed the Indian real estate sector in multi-folds within a short time span. What is Making Bangalore a Lucrative Deal for NRIs? Immovable properties except farmlands or plantation estates are available to NRIs for purchase. An NRI can acquire any such property by gift from an Indian resident, even if the owner of the land resides outside India. An NRI can also obtain a property by the virtue of inheritance. The NRI can even transfer his property to any person living abroad, residing in India, or is a person of Indian origin. These are just a few investments options that an NRI can make when purchasing a good property deal in the Bangalore Real Estate. With the value of rupee is depreciating globally, and the return on the real estate investment is huge, today more and more NRIs are grabbing a large chunk of Indian Realty sector. Moreover, with lenient rules and regulation from RBI on real estate investment by the NRIs, it has opened new and green pastures for NRIs to dig in. The government is also taking steps to ensure better handling of property deals and investment growth activities via their promotional investment council for the NRIs to put their money safely in this sector. Aggressive growth of Bangalore Real Estate due to NRIs NRIs have taken a great interest in Bangalore’s Realty sector. The “Garden City” has always been an eco-friendly and Smart City for real estate investment, however with the escalating interest of NRIs in these past few years, it has gone up to a different level. The residential sector has been booming with unique plans and designs which have been aggressively accepted by the NRIs. The need for open, green spaces, lavish living quarters and opulent lifestyle has enhanced the interests of NRIs in Bangalore. No wonder the premium residential projects have many NRI buyers. The speed at which these premium...

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REIT Has The Potential To Change The Real Estate Sector In 2015
Feb25

REIT Has The Potential To Change The Real Estate Sector In 2015

With the new government at the center passing the bill for Real Estate Investment Trust (REITs), the Indian commercial real estate will be the next big thing in 2015. As the Realty sector has been reeling under an acute shortage of funds, this proposal will give a much-needed boost to the sector. Real Estate sector is among the fastest growing industries in India. The market size of this sector is expected to grow to Rs. 3,000 crores in the next 5 years. The growth rate is already moving upwards, with major cities recording 40% sales in the last quarter of 2014. The demand for office spaces in the major cities (Delhi, Bangalore, Mumbai, Pune, Gurgaon, NOIDA) has been all time high in 2014. The figures are simply staggering, with 58% increase in their demand and supply in just one year. The demand in the housing sector has also increased by 43% in the major cities. The residential sector has a tremendous potential for growth due to the increasing demand of residential units for a rapidly budding urban population. In the coming years it is anticipated that the urban population will grow up to 600 million people will live in the cities. Indian Real Estate is highly favorable for global investment because of the rising demands for development. The demand for space has created a massive opportunity in the Indian Realty sector. What is a REIT? Real Estate Investment Trust (REIT) operates like a mutual fund trust which generates income from residential and commercial buildings. Investors are driven to invest in an Infrastructural project that gives them a high return on their investments, which is tax exempted. The profits paid to the investors and shareholders are in the form of Dividends, which is tax-free. Anyone can purchase stock like they would in other industries. Investment is direct and easy with the REIT. The shareholders earn a steady income from the share they own and it’s not necessary to own the property to make profits. There are two types of REIT’s Equity REIT Mortgage REIT The Equity Real Estate Investment Trust generates incomes based on the rent, while the Mortgage REIT earns from long term mortgages, both residential and commercial. REIT Advantages: A Realtor can buy, develop and sell the properties while managing the property. REIT invites investors for professionally managed properties, anticipated to numerous advantages over the conventional methods. There are many Advantages to REIT’s as compared to the traditional method of investment. REIT’s in India will be very stable and offer uniform returns to the investors, because; No autocracy involved and the process will be administered by the professionals...

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Will General Budget Fuel the Realty Growth?
Feb23

Will General Budget Fuel the Realty Growth?

The year 2014 did not see an exponential growth in the Indian Real Estate market. However, with the formation of the new and stable government at the center, the sentiments have revived. The new government has laid emphasis on key factors controlling this industry and announced numerous short and long term measures to boost revival in this sector. What the homebuyers and investors will experience in 2015 is affordable housing, increase in tax rebate on interest repayment of home loan, lenient FDI norms, an increased income tax exemption slab and development of 100 Smart Cities. According to a survey conducted by the Industry Experts, the year 2015 will experience a sharp, positive growth trend from the previous years, which will stabilize the property market to a great extent. The survey reveals 39% homebuyers want to buy a property for self use as they are currently staying in rented accommodations. An additional 1/3rd portion of the homebuyers want to purchase property to meet the mounting family needs. Whereas, only 14% buyers want to purchase an asset for long-term investment, and 5% consider their asset as a short term investment tool, for a period of 2-3 years. These statistics indicate the positive and hopeful mood of the investors, which the new government is eager to build upon with its governance and strategies. The Central Bank predicts a 6.5% GDP growth in the FY2015-16, which puts Corporate India in the fast lane. It has made apparent that a steep raise in jobs and incomes will be witnessed all round the year. And, this indicates that the Indian Realty sector will boom as the demand for both residential and commercial properties will skyrocket. In 2015, Construction companies will be more transparent in their offerings on property sizes and the prices. This year, smaller, yet energy-efficient designed homes will rule the residential real estate market. A correction on over-priced cities will help in quickly clearing the stagnating inventory, paving way for new and better residential spaces. Townships will become widespread, and a moderate in increase in the construction of luxury homes will be seen, with emphasis on affordable housing for all. Affordable Housing: The new government at the center is expected not resort to “mindless populism” in the FY2015-16 Union Budget. This implies that the new government will not burden the Indian population with high inflation and will take stringent measures to improve employments and incomes. The economic revival in 2015 will positively affect the Indian Realty sector- with affordable housing being the motto and buyers and investors having a greater purchasing power. The new government has strongly indicated that good governance, better planning...

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Children Bedroom Colors As Per Vastu
Feb21

Children Bedroom Colors As Per Vastu

Vastu Shastra is an ancient Indian architectural practice which incorporates directions, colors and materials into the designing and arrangement of your house to offer mental peace, economic development and overall prosperity to the tenants. This ancient practice can be deployed to any part of the house, from the living room to the kitchen. This highly regarded practice has been known to indicate spectacular results. The ideologies of Vastu Shastra are not difficult to incorporate and practice, as it uses simple ways, such as, the alignment of the furniture, the color of the rooms and the construction of the house. Changing these simple things can immensely help in the overall happiness and success of the residents. What are Vastu Colors? According to Vastu Shastra colors play a pivotal role in the development of our mind and body. The right hues can help us bring out our full potential and the wrong colors can have a disastrous result. Since the white spectrum is a collection of seven colors namely Violet, Indigo, Blue, Green, Yellow, Orange and Red, these are the basic shades which you should focus upon when painting the interiors of the house; especially the children’s room. It is a proven fact that colors influence our minds, moods and emotions. A child’s mind absorbs tones with more enthusiasm than adults, so it’s important that they are cultivated in the right environment with suitable hues. Each of the seven tones is connected to a specific area of the mind and body and influences the development of that part. Thus, it becomes absolutely vital that you pick the right combination of colors for painting your children’s room, so that they can grow to their full potential, without hindrances. Which Colors To Choose? In Vastu, each cardinal direction is ruled by a specific color tone. So, analyze the direction of your child’s bedroom and paint the walls in the correct tones and patterns as per thus ancient science of living. Each direction is governed by a planet and a matching tone will enhance the harmony and balance of the universe, which will flow into your child’s development and learning. So, how do we decide on the suitable color patterns? Read on to find out… Main Directions: East: The ruling planet in the East direction is the Sun, and the color representing this direction is White. West:  Planet Saturn rules the West direction, and the harmony color is Blue. North: Mercury rules the North direction, and Green is its hue. South: Mars rules the South direction, and Coral Red represents it. Cardinal Directions: North-west:  Planet Jupiter rules the roost here. Use Golden Yellow to...

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Property Prices and Trends in Gurgaon
Feb18

Property Prices and Trends in Gurgaon

Gurgaon has been a serious competitor in the Real Estate market for some time now. With the booming infrastructure the “Millennium City” has a slew of high-end and mid-level projects, which has given a stiff competition to affordable housing area of NOIDA. Gurgaon saw an escalation in the demand for residential properties in 2014, yet the property prices in Guragon remained at lukewarm levels, with a 4.5% increase in the property cost over the duration of 3 months. Interestingly, when different project launches were fizzled in Delhi-NCR region, did Gurgaon witness a small hike in the prices. How was the year 2014 for Gurgaon’s Realty Sector? The purchasing percentage in Gurgaon may have slowed down, but it is still one of the highly favored destinations in the country. It has the lowest unsold residential and commercial inventories. Despite a lower demand in the residential segment, the property prices are witnessing an upward trend here. In 2014, Guragon witnessed fewer launches, as prominent developers like DLF and Unitech continued their hard efforts in clearing their unsold inventory. The lower number of project launches indicated that the housing demand was not adequately met, which led to an escalation in property prices. Since Gurgaon only started as a serious rival in real estate markets two decades ago, it has done well for itself, with multinational companies erecting their offices here. The infrastructure of the “Millennium City” has drastically improved, paving way for advanced and eco-friendly residential and commercial projects to be built. This city has witnessed the development in the truest sense, with grand villas as well as affordable apartments being built under different Construction companies. Today, the builders in Gurgaon have sensed the strong need for housing and are launching affordable apartments for the blue-collared workers. They have taken thoughtful measures to keep the property prices nominal for rapid growth and urbanization of this city. Nonetheless, a few developers saw Gurgaon as a gold mine and began constructing projects hoping to cash in on the money over night but have sadly failed. With a hike in the property prices in Guragon, buyers and investors began to shift their focus in affordable areas of Delhi-NCR, such as NOIDA and Ghaziabad. If Gurgaon must thrive, the builders must understand the importance of offering “affordable” housing. Infrastructural Development However it can be seen that many developers have kept a cool head and are still developing houses for an affordable price tag. For instance, DLF is one of the major real estate developers in India that has set out to construct a township in Guragon that offers apartments and gated community independent houses at highly...

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