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Thursday, 28 November 2013

Property in Noida Bolstered by Better Collectivity and Speedy Performance

Noida property at Makaan.com
Noida, a city that has surprised many of us with its pronto development and infrastructural improvement, is one of the most-sought after real estate destinations for property-seekers. Its amalgamation of residential and commercial spaces has make a hit with both the investors and end-users. The city's proximity to other hot-pots of realty like Gurgaon and Delhi has shortened the distances. People, who could hardly imagine a daily commutation to from the city, are now finding it a convenient thing, thanks to its metro connectivity. The development pf super-speed Expressways too has bolstered the commutations.

Real estate Noida, in light of these developments, has only augmented, both in quality as well as quantity. Seeing the good potential that the city has for residential and commercial projects, has hooked the eminent developers like Anjara, Mahaguna, Unitech, and several others. With plenty of land available for construction activities, they are coming with a plethora of new projects, every now and then. The number of ongoing projects in Noida, at present is more than 80, with biggest proportion falling in the ambit of sector 78, where 9-10 projects have been rolled out.

The per sq. ft. rate for a property in Noida, varies between 4000-11000/-. So, one can find all types of flats that fall within this highly flexible range. Let's have a look at the sft prices in main sectors of the city. In sectors 143, 76, 119. 133, 143B, 129, and 134, the average sft rate falls below 5000/-. In 5000-6000/sq. ft. range, come the sectors like 78, 77, 137, 75, 121and 120. The average sectors that have sft values between 6000-7000/- include sec 107, 45, 100.  At 128, 74, 93A, 96, and 34, the rates are even higher, between 6000-8000/sft.

The presence of top-class facilities, presence of big guns in IT industry, and availability of flats that can cater todifferent levels of buyers has worked in favor of Noida's realty market. Though there have been cases of scams, the things are expected to turn out better with better implementation of law and order.

Buy house in Noida over the preeminent property portal, Makaan.com. Look for flexible price brackets for Noida property and keep yourself apprised of the current scenario.

Tuesday, 26 November 2013

Rapid Metro Transport to Transform the Shape of Gurgaon Flats

Gurgaon property at Makaan.com
With the launch of Rapid Metro, a completely privately owned enterprise, commuters from Delhi have taken a sigh of relief. Earlier, you could see them getting down at Sikanderpur Station and negotiating with autowallas to reach their offices. Those who took private auto-rickshaws had to pay Rs. 70-80 to reach up to Udyog Vihar, and around 60 bucks for Cyber city. These money-gluttonous hawkers are now finding hard to find the passengers. With the cost-effective, time-saving, and comfortable ride of rapid metro, most of the commuters now prefer travelling by train. While the metro is here to stay forever now, residents of Gurgaon properties too have welcomed the step, as it will make their local travel far too easy and quick.

Those who are still ignorant about the basics of Rapid Metro, let me give you a brief. Costing @ Rs. 12 one side, this private metro is stretched over 5 km and talks about 15 minutes to complete its one round from Sikanderpur Metro to its last station, Phase 3. The frequency of trains is 4 minutes and Gurgaon flats located over its route are going to reap many benefits. It is expected to garner more inquiries for residential properties in these localities. At present, the train covers important commercial hubs and corporate companies present in DLF Phase 1,2,& 3, City Court, Vodafone Belvedere Towers, Emaar MGF Park, and MIcromax Moulsari Avenue. The IndusInd Bank Cyber City station is not yet operational. So the commuters to Udyog Vihar, Cyber Hub, and Gateway Tower still have to wait for some more months.

There are more than 26 million sft of office space in Cyber City alone, and the total number of employees working ere is a whopping number. The Rapid metro is like a windfall for them. For the offices that have been providing rental cars to their workers, can now, let go off such services and save their pockets.

Buy house  and rent flats in Gurgaon in different price brackets over the realty portal Makaan.com. Locate Gurgaon flats that fit within your budget and offer you the desired amenities.  

Friday, 22 November 2013

Prices of Property in Navi Mumbai Undergoing Escalation Lately

Navi Mumbai Property at Makaan.com
While realty market is facing a crunch in most of the cities, developers are busy rolling out high-end projects in some of them. Navi Mumbai is one such locality that is seeing larger-than-life residential and commercial project lately. Though a large chunk of population in the city is not affluent enough to buy such pricey properties, yet certain section has accumulated enough wealth for themselves. So, the demand for ultra modern and spacious apartments comes from this class. The prices are soaring like anything in the city. A few localities like Kamothe, Ulwe, Panvel, and Ghansoli are still within the reach of middle segment, others like Palm Beach Road and Seawoods have skyrocketing prices.

A 2 BHK property in Navi Mumbai comes within 15 lacs to 2 crore range. To buy a two-room apartment in localities within an affordable price tag, go for Kamothe, Ulwe, and Panvel , as the starting prices in them start anywhere between 15-30 lacs. The upper range, though, can be up to crores. For properties above 30 lacs, Belapur, Vashi, Airoli, Nerul, and Roadpali can be the right options. Both Seawods and Palm Beach Road are categorized as very expensive localities, only afforded by the affluent segment. The two-room apartment at Palm Beach comes in 98 lacs-2 crore range, while at Seawoods, such an apartment is available at relatively lower 60-65 lacs rate.

What would add to the hiking prices are the latest developments in the city. One such project with phenomenal significance is the new airport at Navi Mumbai. For its construction, land worth crores has been acquired from PAPs(Project Affected People). So far, airport project has succeeded in adding land worth 10,000 crores to the realty market. All-new Navi Mumbai properties for such people shall now be developed in a colony that is to be named as Pushpak Nagar. This would be constructed near Panvel, and as it would be close to the proposed airport, it would draw a large number of inquiries from residential market.

Look for high-end residential property in Navi Mumbai over the real estate portal, Makaan.com. Buy, sell, and rent Navi Mumbai properties available in different budget range, in different parts of the city.

Wednesday, 20 November 2013

What do Greater Noida Properties have in their Offing?

Noida Property at Makaan.com
It is all the time Noida, Noida and Noida that we are talking about. Why not say a bit about Greater Noida too, one of the important residential hubs for the ever-growing population of Delhi/NCR. The prime city falls within the purview of GNIDA(Greater Noida Industrial Development Authority) and lies at a distance of 48 km from Delhi. The city is close to Noida, and is undergoing development at an excellent pace. Greater Noida was developed keeping in mind the population burst, that is going to reach 12 lacs by 2021. It is one of the planned suburban locations that can be a good alternative to buy residential property in Delhi/NCR.

If you take a look over the Noida property, you will get to know that mostly they have been developed with international standards. The flats are well-furnished, present in posh locales, and are laced with all the avant-grade amenities that anyone can expect. They talk of comfort and luxury. Spaciousness is another feature of them. Add to that 24*7 power supply, maintenance and security, pools and lawns that make Greater Noida residential houses worth living for. The presence of global institutional and industrial sectors further add to the feather.

The city has more to see urbanization in the form of proposed IT SEZ parks and other infrastructural developments. This will be a good boon for both residential as well as commercial Greater Noida properties. Talk about connectivity, and is going to only improve in . It has been proposed to extend Delhi-Noida Metro line from Noida City Center  up to Noida Extension. The city is already connected to Agra via 6-lane Yamuna Expressway. One can be reached Delhi in a half-hour drive if takes route via DND flyover.

The development is expected to go at the same pace and soon, the city will see a good population from Delhi NCR settled here. Let's keep our fingers all crossed.

Makaan.com, the eminent real estate portal based in India, features residential and commercial spaces to buy, sell, and rent. Search Greater Noida properties over the portal and choose the best one for you.

Sunday, 17 November 2013

2 BHK Residential Properties in Pune that Cost above 50 lacs

Pune Property at Makaan.com
Finding a 2 BHK apartment in the IT-driven city Pune is not a rocket science. Though there are a number of options available to the buyers, we are, here, considering 2 BHK residential houses that come at a price above 50 lacs. Such a range is mostly preferred by upper-middle class, who have small members to accommodate and have enough finances to spend on purchasing. The localities where a two-room apartment is available above 50 lacs are too many and generally cost up to a crore or even more.

2 BHK residential properties in Pune in the range 50-75 lacs are available; at localities like Vishrantwadi, Kondwa, Tingre Nagar, Chinchwad, Bhugaon, NIBM Complex, Rahatani, and Pimpri.
The slightly more upper-values for two-room flats can be expected in localities like Warje, Katraj, Market Yard, Ravet, Kharadu Bypass, and Bimbwevadi. In areas like Undri, Pimple Nikah, Dhanori, Wadgaon Sheri and Baner Road, such apartments can cost a buyer up to 90 lacs.

There are plenteous of localities in Pune residential property that carry two rooms and come at hefty rates. For example, the high in demand micro markets such as Baner, Viman Nagar , Kothrud, Singhad Road, Hadapsar, Magarpattta, and Aundh . Mot of these have good potential for employment generation and have flourished well over  years. The highest tags in most of these can go up to crores and even above. Examples are Karve Nagar, Singhad Road, Wagholi. At Kharadi, the highest price for a two-room flat can up to 3 crores!. At Koregaon Park and Kalyani Nagar, the two room apartment can go even up to 6 crores!!. And yes, there are takers too for the same. The per square feet rate (psf) in the above localities varies anywhere between 5000/- and 20000/-.

Makaan.com, the leading property portal, lets you search residential properties in Pune and other Indian cities. Search 1,2 . 3 BHK rooms in different price brackets. Look for price trends for Pune residential property and keep yourself informed of the changing scenario, month after month.

Tuesday, 12 November 2013

Flats in Ghaziabad Witnessing Good Pace of Development

Ghaziabad Flats at Makaan.com
Ghaziabad, no doubt, has emerged as one of the rising stars of the real estate. It is flourishing well and has gained quiet a popularity among the buyers. Delhi is all filled to its brim; Gurgaon's prices have swelled so much that budget-minded buyers are thinking twice before purchasing a property there. Projects in Noida too are mostly focused towards the affluent class. So, what is left then?  Small cities like Faridabad, Ghaziabad, Manesar, and Palwal have become the new alternatives for property-seekers. Let's talk a bit about Ghaziabad, the city in question here.

The real estate in the city has seen some of the top-notch colonies that cater to all segments of society. Take Indirapuram, Raj Nagar Extension, Vaishali, and Vasundhara: all have developed to a good extent; offer mod-cons expected by buyers today; and have good connectivity to the neighboring cities. Ghaziabad flats in Crossing Republic have been churned out of the joint venture of seven eminent developers. The result is all before us... It has transformed the shape of the city that was, a few years back, only a barren land.

The pace at which new flats in Ghaziabad have dotted the city's map is mind-blowing. The connectivity to Delhi Metro has cut the distance and time of commutation by several degrees. Though the local transport is still the cause of concern, a number of Expressways and National Highways that pass through Ghaziabad have done wonders for the commuters. The prices, though have grown appreciably, but several budget options are still available. NRI investors are eying the city in hope of making huge returns.

Pollution and high rate of crime, however, are big blots to Ghaziabad's realty market. There is lack of transparency in deals, no stringent property laws, and too much interference in real estate by goons. All these problems need to be addressed until it is too late.

Makaan.com, the premier property portal, lets you buy, sell, or rent flats in Ghaziabad and other cities across India. Choose Ghaziabad flats, floated by leading developers and builders.

Monday, 11 November 2013

Property Rates for Two-Room Residences in North Delhi

Residential Property in Delhi at Makaan.com
While South Delhi is famous or say 'notorious' for its pretty penny rates, the other parts of the capital city are not that pricey or say, somewhat less extortionate. In North, there are a few (read “very few”) localities where residential properties do not cost a buyer an arm and a leg. Rest part of the northern region imitates the South in realty rates. Let's throw a light on how the prices are faring in this particular region of the capital. We shall be discussing in context of  2 BHK apartments only.

The affordable residential property in Delhi can be searched in localities like Rohini, Rani Bagh, Burari, Madhuban Chowk, Alipur, and Kamla Nagar. The starting price for two-room flats in these colonies lies in the 20-30 lac range, which is indeed a budget sphere. But, in no way it means that you won't find any 2 BHK apartment in crores. They are very much present there. But since the starting prices are relatively low, the mid-segment buyers can hope to own a house in these localities. Talk of the per square feet(psf) rate, the range lies between Rs. 3000-7000/ sq. ft. At G. T. Karnal Road, the psf rates are still lower: close to 2500/ sq. ft.

Now, let's talk about the pricey property for sale in Delhi. Pitampura, Paschim Vihar, Narela, Kamla Nagar, Pitampura, and Ashok Vihar are good examples in this regard. At Kohat Enclave, a two-bedroom flat is available at around 1.5 crore, while at Narela, Ashok Vihar, Kamla Nagar, and Pushpanjali Enclave, the starting range is around 40-80 lacs. At Ashok Vihar, the psf rate can go up to 40,000/ sq. ft. Accordingly, the price can go up to a value of whopping 4 crores!! At Paschim Vihar and Pitampura, the apartments as pricey as 1 crore or above are available. 

So, you see that rates in North Delhi ape that of South, in a majority of areas.

Looking to buy house and residential property in Delhi over the real estate portal, Makaan.com. Look for property for sale in Delhi and other Indian cities and locate the one that fits in your budget.

Friday, 8 November 2013

The Problems with the Ailing Real Estate Gurgaon

Gurgaon property at Makaan.com
Since the day I have been commuting to Gurgaon, I have not encountered two consecutive days when the traffic was all-smooth and I could reach office on time. Many-a-times , I have thought of relocating to the city, as commutation from Delhi takes too much of a time. But the city is facing too many problems of its own. Buying flats in Gurgaon comes with too many repercussions. One, the traffic problem, I have already mentioned. There are many other that make me and many other buyers apprehensive of leaving Delhi and shifting their residence here.

The prices are too high. Have a look at the new projects floated by the eminent developers. None of them cater to the affordable class. Most of them have been developed to cater to the high-end buyers who are backed by strong financial means. Even if you are going for a 2 BHK apartment in the city, you may need to spend around 70k! And for flats with more rooms, price rarely is below 1 crore. For middle-income group, it is a too much to ask for. Real estate Gurgaon has fully blown into a bubble, a bubble that has reached the verge of bursting anytime.

The cost of inputs required for construction is on a all-time high. Water, electricity, sand, and other materials cost too heavy for developers, and they, in turn, keep on rising the prices month after month. This, along with the delay in completion, makes the buyers feel disgusted and cheated as well. Then come the countless frauds that have driven their sentiments to the negative direction. There have been cases, when the occupancy for flats in Gurgaon gets delayed by many years. Last, but definitely not the least is the number of frauds that have caught the realty market. Developers, builders and agents play really dirty games with the 'not so well-informed' buyers: double dealings, selling unauthorized constructions, lack of approval from authorities have played havoc with the buyers' interest in making a purchase.

Makaan.com, the real estate portal, lets you search 1, 2, 3 BHK flats in Gurgaon. Look for the quarterly price trends for real estate Gurgaon and join forums to get yourself apprised of the property trends.

Wednesday, 6 November 2013

Buy Well-Planned, Low Cost Flats in Mohali

Mohali Property at Makaan.com
When Mohali (better called) was planned to bring into existence, it was decided that it would be modelled after Chandigarh, India’s first planned city. Today, it comprises of more than 110 planned sectors and is becoming popular among those property buyers who want to live sans pollution and traffic-congestion. Delhi NCR is already saturated with population and so, the buyers need to look towards other alternatives. And Mohali is the one. Let’s see why buying a flat here can be a good decision on your part.

Flats in Mohali have been developed with meticulous planning, so they do not seem to grow mindlessly from here and there, as is in Delhi and many other parts of the country. People love to live in houses that have been well-built, are spacious, and have green surroundings. Mohali’s flats are a good example in this regard. As the city is not yet fully developed, the question of over-population does not arise.

Another interesting development is the venturing of tech giants into the city. The famous “quark city” developed by Denver-based Quark Inc. is a good example in this regard. This particular MNC has put into a whopping $500 million into city’s construction. In addition to provide a residential complex, Quark has everything from entertainment centres, educational institutes, cricket stadiums, to health care facilities. Flats in Mohali are going to benefit from this ultra-modern residential cu commercial hub. A Special Economic Zone (SEZ) has also been developed here. The residents are going to get benefitted by the ample job opportunities that this Quarkcity shall generate.

Flats in this particular city come at cheaper rates. Think of Delhi, where for a 1000sq. ft. 2 BHK apartment, a buyer needs to pay around 40-45 lacs; in Mohali, it is available within price-range of 20-30lacs. Though there are high-end sectors too here, but city, as a whole, can be called the best budget options for the buyers.

Buy, sell, or rent flats in Mohali and other cities of Delhi NCR over property site, Makaan.com. Buy house that fits within your budget and offers you the best amenities.

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