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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Gurgaon – A Top Realty Destination in Delhi NCR
Jun23

Gurgaon – A Top Realty Destination in Delhi NCR

As the country strives to recover from the falling economy, the real estate sector is expected to revive soon, fuelled by further cuts in the home loan interest rates, FDI’s eased norms for real estate, and other measures taken to boost the demand for new homes and real estate investments in the years to come. As Delhi-NCR continues to be a top investment destination for most real estate buyers and investors, certain prominent regions have seen more than 20% appreciation in capital value over the past 4 years. So, if you are planning to invest in a property or buy a house near Delhi, Gurgaon is certainly one of the top realty destinations, and of course, for abundant reasons. Offering high returns on investment, lucrative options, better pricing, and a secure environment for investing in property, Gurgaon continues to “rule the roost” in the Delhi NCR realty market. Top-notch realty developers such as Tata Housing, DLF, Godrej, Raheja Developers, Homestead, Hines, IREO, Emaar, Adani, and Supertech have vast land banks in Gurgaon and they regularly come up with new projects to invest in. A recent survey indicates that Gurgaon’s property market is holding up positively and is optimistic about radical growth in the future. With fast developing infrastructure, world-class projects, and improved connectivity, capital and rental values have been indicating steady and healthy growth, particularly along National Highway 8, Golf Course Extension Road, Dwarka-Gurgaon Expressway, and Gurgaon-Sohna Road. Why Gurgaon Tops Realty Market in Delhi NCR? There are several factors contributing towards making Gurgaon the top real estate destination in Delhi NCR. State-of-the-art Infrastructure and Improved Connectivity Gurgaon is one of the fastest developing cities in India, witnessing an exponential growth in infrastructure. Increasing government initiatives towards building National Highways, expressways, and other prominent infrastructural development has contributed towards creating opportunities for large multinationals and corporate sector setting up large establishments in this city since the last two decades. Moreover, it has excellent educational facilities, hotels and restaurants, shopping malls, and other modern conveniences that are one of the best in India. All these factors make Gurgaon, one of the preferred destinations to buy a new home or invest in property that derives maximum ROI. Lucrative Job Opportunities A key driver of real estate demand is lucrative employment opportunity in Gurgaon. With world-class infrastructure and fast connectivity, the city attracts large enterprises and MNCs, creating job opportunities for professionals from across the country. Moreover, it is also offers the highest CTC salary for professionals, which eventually translates into a very strong demand for residential properties in peripheral areas. There is an upsurge in the real estate market from people...

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Condo Living-A Walkthrough
Jun02

Condo Living-A Walkthrough

Searching home in today’s market can be quite confusing and stressful when lots of residential choices are available. It’s a challenge to find a suitable residential space that will perfectly match your taste and preference for good living. If you are one of those who are looking for an abode that offers clean & beautiful surroundings, independent living, and luxurious lifestyle all under one roof, then condominiums can be a good option for you. Condominiums are premium apartments that make living more heavenly.  Condominiums are yet another architectural way of defining comfort and luxury living. They are a gateway to a vibrant living complete with designer features, beautiful landscape, and posh neighborhood that reflects the living status of the residents. Condominiums The concept of condominium is not old; the trend started in Mumbai around forty years back with the intent of setting up an alternative to the “cooperative housing society” model though, of course, with some changes. Cooperative housing societies basically catered to the affordable housing segment, whereas condos are premium flats cater to the needs of buyers looking for high-end residences. In recent times, the concept of condominium has gained momentum. A condo building has almost everything that an ideal home should have from efficient administration in form of a governing body or owners’ association to most modern amenities, and good neighborhood. Condo Living – Luxury Housing Redefined Condominiums commonly known as “condos” are often located in prime location and have easy access to city centers, shopping zones, schools, work place and restaurants. When you own a condo you have the ownership of your unit that includes the floors, walls and ceilings but not the land. However, you have to share the responsibility of maintenance of your condo building with other unit owners for the exteriors, the common areas, and all amenities within the complex.  Since it’s a shared responsibility the maintenance charges are borne by all. Three things that make condominiums exclusive and premium are – they are thematic in design; they come with some breathtaking view – it may be a sea view, a golf course view, or a lake view; and lastly, many condos are full-floor residential units that are spacious and laden with most modern amenities. That’s why condominiums come at a premium and are priced higher than the residential apartments in societies. Some of the factors that make condominiums a popular choice among high end buyers are: A good neighborhood of likeminded people is a key feature of condo living. Condo living is a contemporary living style which has evolved from demand of the modern times, where it is possible to mingle with...

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Fly-Ash Bricks
May31

Fly-Ash Bricks

Our Homes are Our Dreams made of Bricks and Mortar With the concept of sustainable living catching up, this catchphrase might need a slight twist – Our Homes are Our Dreams made of Fly-ash Bricks and Mortar. Fly-ash Bricks are Eco-friendly Bricks FABs (Fly-ash Bricks) are eco-friendly bricks and that’s what makes them the most viable option in this day and age of Green Living. They have two major advantages over clay bricks. One, they are stronger than clay bricks and two, being made of fly-ash, a by-product of coal based power generating plants which was earlier a nuisance to dispose, they are good for the environment too. FAB is a “green” product which is helping save precious landfill space which was earlier being used to dispose unused fly-ash. Now, that unused ash is being used to manufacture bricks. What’s more important is that these bricks, especially, ‘the fly-ash sand lime bricks’ can be manufactured the green way. In this method the fly-ash mixes with lime at ambient temperature while the brick cures. These bricks are air cured for 24-48 hours and then steam cured in autoclave at desired pressure and temperature. This is a sustainable manufacturing process. There’s another process in which ‘the burnt-clay fly-ash bricks’ are made and fired in a kiln at about 1000 degree Celsius. The previous method is a sustainable one, saves energy, and also reduces mercury pollution. Both types of bricks are being manufactured though most people are adopting the sustainable method to manufacture ‘the fly-ash sand lime bricks’. Even when these bricks are not being manufactured in the greenest possible way, they still are saving the environment from fly-ash – an industrial waste and a pollutant. Fly-ash Bricks Vs Clay Bricks Practitioners of sustainable living are in favour of fly-ash bricks, because they are eco-friendly, but that’s not all. Fly-ash bricks are becoming popular, because they have many advantages over conventional clay bricks. Here are a few: They have dense composition and high compressive strength which gives them higher load bearing capacity They are uniform in shape and size and have a smooth finish. They help saving in mortar up to 25%  mortar and saving in plaster up to 15% , because of even shape and size. They have higher moisture resistance, as their water absorption ability is much lower than clay bricks. This reduces chances of dampness on walls. They are less porous and have a thermal conductivity of 0.90-1.05 W/m2°C as opposed to the thermal conductivity of clay bricks which is 1.25 – 1.35 W/m2 ºC. Thus, they have better thermal insulation than clay bricks. They don’t absorb heat; rather, they reflect...

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Emergence of Dwarka Expressway
May28

Emergence of Dwarka Expressway

With the growing urban population across the National Capital Region and increasing preference of consumers to stay closer to work places as well as opt for hassle free & faster routes to work places, prompted Haryana Urban Development Authority (HUDA) to commission  an eight-lane expressway, known as Dwarka Expressway also known as the Northern Peripheral Road. The Dwarka Expressway Corridor starting at Dwarka, New Delhi and terminates at Kherki Dhaula on NH-8, Gurgaon has turned out to be a big attraction for real estate developers, investors and end users alike in the last 4-5 years. The entire Expressway stretch will act as an alternate link road between Delhi and Gurgaon. The biggest influential role the expressway is expected to play is to ease the traffic situation on the Delhi-Gurgaon Expressway. The entire 18 km long expressway project is being developed by India bulls Group under public private partnership (PPP). Backed by powerful infrastructure development plan for the stretch, Dwarka-Gurgaon Expressway is now registering the biggest real estate development. The eight lanes, 150 meter wide and 18 km long Dwarka Expressway will play an important role for the daily commuters from Delhi to Gurgaon and vice versa. The expressway will be providing them a congestion free travel especially when the Delhi- Gurgaon Expressway has witnessed highest number in traffic volume growth. Once finished, Dwarka Expressway is expected to be one of the best motorways to journey from Delhi to Manesar. Real Estate Developers with their projects in Dwarka, Gurgaon and along the Expressway are depending on the completion of the Expressway project to get them the desired return on investment (ROI). More than 33,000 houses are under construction along different sectors of Dwarka-Gurgaon Expressway. Around 50% of the expected houses will be ready for possession in the next 12-18 months period. Proximity to the IGI airport, the Delhi Aero City, and the forthcoming Diplomatic Enclave in Dwarka, the Dwarka Expressway has achieved similar growth rate curve as premium Gurgaon locations like Golf Course Extension Road and National Highway (NH)-8. With the increasing number of corporates & MNC’s operating out of Gurgaon, coupled with the locational advantages, Dwarka-Gurgaon Expressway has emerged as an attractive alternative destination for residential users eyeing either Dwarka or Gurgaon. Dwarka Expressway, a boon to real estate The completion of Dwarka-Gurgaon Expressway will give huge boost to the real estate development in this area. As a number of properties start getting completed on this expressway, more and more end users will be interested to moving here. Over the period of time, Dwarka Expressway will evolve into a seamlessly prime real estate destination for variety of end users...

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