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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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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Real Estate India: What To Expect In 2015?
Feb14

Real Estate India: What To Expect In 2015?

The real estate market of India has seen a lot of improvement in the past years, especially along the areas of Bangalore and Delhi. This growth has been due to many Non-Resident Indians (NRIs) making investments in the Indian Real Estate market. They have seized the opportunity and NRIs from Malaysia and Middle East countries have stormed the metropolitan cities of India, especially in the residential segment.  In 2014 Bangalore and Chennai witnessed the highest demands, with NRIs investing heavily in these real estate markets. Bangalore has been well known for its development in the field of IT and Infrastructure and it continues to prove as the leader in the country. Chennai also saw its fair share of real estate market profits with new projects launching and getting sold very quickly. The market may not have boomed as much as Bangalore, but it was second in terms of the entire country. However, there have been newer project launches towards the end of 2014, which was true in case of every metropolitan city. There is also a backlog of property from 2014 as we head into the New Year 2015. The year 2014 had witnessed delays in projects clearance and funding. Many projects which should have started in the middle of the year were forced to start near the year’s end because the important paperwork was not approved in time. However, there were a significant amount of profits which came from the real estate market in 2014. How important is Real Estate in India? In India Real Estate plays an important role and it is not just because of housing needs, even commercial spaces are in huge demands, with foreign companies launching their offices. Here are some of the reasons why the Realty sector will move forward in the New Year. The Economic Survey of 2012-2014 period indicated that housing generates the maximum amount of employment after agriculture in India. This is a vital reason why real estate is given a heavy-duty importance in the country. The cities of Bangalore and Delhi are witnessing the growth of IT & Corporate sectors, and subsequently the need for robust residential and commercial infrastructure has become the need of the hour, for the companies to launch their business here. The building material for construction both residential and commercial complexes are provided by the country’s steel, cement, brick industries. These markets are simultaneously booming because of the infrastructural growth. India has been known to have real estate as the third best industry in the country; its effect on other industries also grows extensively when it comes to employment and revenue generation. The real estate...

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Top 10 Vastu Shastra Tips For Kitchen
Feb12

Top 10 Vastu Shastra Tips For Kitchen

Vastu Shastra has been around for decades and it is an ancient Indian architectural practice which incorporates directions and other vital aspects, such as, positioning the furniture and windows into a way that they rejuvenate the mind and body. This is an art which has been proven to bring out the highest potential in your body and create a soothing surrounding for your house. It is a science of the elements and has several factors into play. It has different methods and techniques which you need to familiarize with in order to get successful result in every area of your life as well as others. Vastu Shastra techniques can be incorporated into any room of the house. Each of them has different methods and things which you should do in order to successfully tap the forces. Vastu Shastra prescribes a place for every object in your kitchen as well as rules regarding how you should cook so that you and your family lead a prosperous and healthy life. Just like that there is also a set of vastu shastra tips for kitchen you can follow which will help you to be there and create a soothing environment. Below listed are 10 Vastu Shastra tips for kitchen: 1. Since direction is a vital thing when it comes to the art of Vastu Shastra it is a very good thing if the kitchen in in the south east corner. If that is not possible another great position to build your kitchen is on the north east corner of your house. The south east corner is regarded in this case because it is said that it governs fire. So it is a suitable and a very valid choice for your kitchen. 2. The placement of the gas strove should also be looked upon. Since it also handles fire it is advised that it too is placed in the south east corner because of reason mentioned in the previous point. If south east is not available then try putting it up in the north east direction. 3. Place all the sink and basins which you sue to wash your dishes away from from the stove. Flowing water resembles the exact opposite of what fire does. So try putting it in the North East direction. This is done because fire and water are two opposite elements and in this way they do not clash against each other. 4. The refrigerator should be placed in the south west direction if the kitchen has one.  Also it should be kept a foot away from the corner. Make sure you avoid putting it near the north east...

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Gurgaon: A Rising Star in Delhi-NCR Real Estate
Feb02

Gurgaon: A Rising Star in Delhi-NCR Real Estate

According to the industry experts, Delhi-NCR real estate, with its business opportunities and economic development has remained the top choice among real estate investors for some time now. Spread across approximately 34144 km². It includes National Capital Territory (NCT) Delhi with selected areas of neighboring Rajasthan, Haryana, and Uttar Pradesh. Key micro-markets among these are NOIDA towards the east and Gurgaon towards the south. Location proximity to Delhi, enhanced connectivity, talent pool, and land availability has inspired both international and local businesses to establish their offices in this region, thus initiating real estate development in return. Gurgaon Realty a Front-Runner Information and Credit Rating Agency of India (ICRA) researches indicate that New Gurgaon and Golf Course Ext. Road remain highly active when it comes to micro-markets in the Delhi-NCR real estate. In the recent times, Gurgaon market has witnessed maximum number of launches. Total development area here was 66.1 1 million sq ft as per March 2014 results. Of this, 40.7% land area is from New Gurgaon and 31.6% from Golf Course Ext. Road. DLF Societies: Over the years, the city has witnessed a consistent rise in the number of DLF Societies. This Includes DLF City, Phase II, Phase III, and Phase V. According to the recent statistics, DLF City and Phase II witnessed 108% and 105% capital value rise respectively in 2014 Q4 compared to 2010 Q4. Availability of various recreational options and better infrastructure may be spurring on growth here when compared to the other parts of Millennium City. Golf Course Ext. Road: This is no doubt is the jugular vein here! The DLF redevelopment scheme is all set to make this road among the best in India. Plans are there to link it to Cyber City via 16-lane corridor. It is home to approximately 40 or 50 housing projects. So it’s no wonder that it has shown a 103% increase from 2010 two 2014 quarter to quarter. Besides the new developments, old locations in the Delhi-NCR real estate region has also shown substantial real estate growth with Metro connectivity and improved road infrastructure with a slew of residential projects both ready and in the offing. The main real estate development is concentrated in such localities as Palam Vihar, IMT Maneswar, Sector 106, South Peripheral Road, with Sectors 69-92. A.   Palam Vihar: This region has witnessed a 133% increase in 2014 Q4 to 2010 Q4. Being Old Gurgaon locality, it boasts of lower base rates at, Rs. 3000/square feet in the beginning with an increase in capital appreciation values parallel to the overall growth here. Great connectivity with Jaipur and Delhi, with improved infrastructure, and Metro availability...

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