Hyderabad Real Estate To Boom In Coming Months

Hyderabad is being touted as the next best real estate destination in India. Property in Hyderabad is witnessing a high demand due to high absorption rates. Real experts feel that the best market to invest now for a 8 to 10 year horizon is property in Hyderabad. One can get apartments in Hyderabad at almost a 30% lower price compared to property rates in other South Indian cities like Chennai and Bangalore for comparable infrastructure and localities. The upside over a long term is very high for Hyderabad property. If one has a small budget for investment in property in Hyderabad then one should look at upcoming area where a lot of development is taking place. One can invest in Hyderabad property in areas like Nizam Pet, Saroor Nagar, Shamshabad, L. B. Nagar, etc.  Here one will be able to find affordable apartments in Hyderabad as well as independent houses in a reasonable range. If one has an investment budget of upto 80 lakhs one can look to invest in decently to highly populated ares such as Gachibowli, HI-TECH, Madinaguda, Madhapur, Miyapur. Buying Hyderabad property in these areas will be the right areas for consideration. Many well-known builders are developing apartments in Hyderabad in various price range. 

Hyderabad property markets have started picking up pace after the political resolution of the bifurcation of the state. Against this backdrop and given that the city offers some of the best physical infrastructure and some of the cheapest prices for good quality real estate, this is a good time to invest in apartments in Hyderabad. Many people have started looking at Hyderabad property market with a positive outlook. The realestate market of the city had witnessed a slump in the last few years owing to political uncertainty and instability but with the situation now under control one can safely invest in Hyderabad property.

Demand For Luxury Flats In Kolkata Increases

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The real estate in Kolkata is witnessing a huge change in the house buying trend. The cultural capital was once looked as a place where one could purchase affordable properties. But now more and more people are looking to buy luxury flats in Kolkata over affordable Kolkata flats. The capital city of West Bengal houses numerous industries and it acts as a corporate and educational hub in the eastern region and so the demand for budget to mid-segment property at Kolkata has always been increasing. But now working people are showing keen interest in luxury Kolkata flats.

This change in the real estate in Kolkata can be attributed to increase in disposable income of a working couple. The buying power of people has increased as the pay scales have gone up in the past few years. Today people of Kolkata want to experience and enjoy luxury lifestyle. They are willing to show off their wealth and even developers are keen to capitalize this changing trend real estate and so they have started to launch luxury projects that are offering luxury flats in Kolkata.  

This change in Kolkata real estate is being welcome by industry players and real estate developers as they feel a new market segment has evolved in the real estate industry. But if one is planning to book quick profits in premium India properties a person will have to wait as he will have to hold a property for at least five to six years till they can earn a decent return of investment. Also investing in premium real estate in Kolkata also requires more funds. Since premium property in India are unsuitable for investment purpose as not many people show an interest to invest in the luxury sector and there is a sufficient supply of such properties in the Kolkata real estate market.

Hilton to come up with 2nd hotel in Bangalore

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Hilton Worldwide, a well known name in the hospitality industry, has recently announced that it aims to open a new hotel in India. Hilton has several India properties and it also facilitates online property booking of hotels. The hospitality chain will be coming out with a new property in Bangalore which will be named as 'the Hilton Bangalore Embassy Golf Links'. This Bangalore property will developed jointly by Hilton Worldwide and a prominent real estate developer Embassy Group. The Bangalore based Embassy Group has already invested Rs 350 crore to built 247 room hotel property in Bangalore which will spread over four acres. Currently Hiton group has one Bangalore real estate which is Double Tree Suites By Hilton Bangalore.

This will the Hiton's 13th India properties and second Bangalore property. With the opening of new Bangalore hotel the total rooms operated hospitality giant has reached to 2,000 in India. Hilton Worldwide is currently also in talks with several other companies in India to expand its presence across the country in the next  few years. The company in the coming months, will also open its Double Tree hotel brand in Agra and Conrad hotel brand in Pune. Currently the hotel chain has only four out 11 brands in India, in the coming years the hospitality giant aims to improve its presence.

The Embassy Group also aims to increase its market presence in hospitality industry and so the real estate developer is also planning to buy and come out with hotel properties Bangalore. The company is in process of acquiring  Four Seasons hotel for 600 crore.

In the city one can find several 5 star hotel properties in Bangalore which offer online property India booking facility: Bengaluru Marriott Hotel Whitefield, Clarks Exotica, Crowne Plaza Bengaluru Electronics City, Four Points By Sheraton Bengaluru Whitefield, Hotel Royal Orchid, Hyatt Bangalore MG Road, ITC Royal Gardenia, Bengaluru, ITC Windsor Bengaluru, JW Marriott Hotel Bengaluru, The Lalit Ashok, etc.

Gurgaon's groundwater level drops

The demeanor of Gurgaon, on front of real estate, keeps on changing, as it happens with other cities. Right now, a lot has been happening in terms of realty market as it seems that in a few years time Gurgaon will become a dry state. The cause of distress is the city's groundwater level which is depleting at an worrying rate. The groundwater levels in the city see a reduction of more than one meter per year. This alarming situation may seriously affect the real estate of Gurgaon as it may scare future investors of Gurgaon properties.

People are blaming receding groundwater table on the MNC boom, which has caused real estate developers to make more commercial properties and flats in Gurgaon. In the last two decades India real estate sector saw major movement in real estate Gurgaon. The real estate Gurgaon witnessed
mushrooming of innumerable multi-national companies which gave rise to numerous job opportunities that led to an exponential growth in population and the failure of civic agencies to cope with the situation.

The dropping of groundwater table has therefore been attributed to rise in number of companies, shopping malls and flats in Gurgaon. A high court order in the year 2012 had strictly prohibited  setting up borewells for groundwater extraction for construction and residential usage. But still many people use illegal borewell to use groundwater. According to the honorable high court's order only civic authorities can extract borewells water.

The city is under the grip of inflation right now. The prices for properties are quiet hefty. There is a dire need to work upon the things, so that properties are within the reach of every section of society.

Makaan.com, the property India website, lists all types of flats in Gurgaon and other cities across the country. Get to know the prices tends for Gurgaon flats in major localities, on quarterly basis.

Property in Delhi: Prices All Set to Correct in the Coming Months

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While every now and then, our talks about property in Delhi are highly focused on an exclusive topic: the prices in the city. Here too, I am going to have a few words about the ongoing rates in the capital. But this time, I am not going to rant about the skyrocketing rates, the reason being that these are going to see a steep fall in the coming months. As per the Jones Lang LaSalle report, the prices of the Delhi's residential properties are all geared to see a downfall. The main factor behind this is that the number of inventories lying vacant has reached a high value.

It can be seen like this: the prices kept on escalating year after year. The developers made it sure that the rates rose steeply, and that they did not correct. They, by creating an artificial demand market, let the prices soar like anything. The results were not good. The demand for a property in Delhi started tumbling. Even the elite segment found the properties out of their budget. As the demand started falling, the number of unsold inventories kept on building, month after month. And as the situation worsened, the developers were left with piles of unsold inventories. This, in turn, resulted in step-downing of the capital rates

In general, the average period for the unsold properties is around 15 months, but in case of Delhi, it has reached over 23 months. Such a scenario suggests that the prices are going to see a fall. An estimated depreciation of 12% is expected in the city. This would be good for the end-users who were holding themselves back from making any investment on real estate. The market is already seeing a correction in some localities of South Delhi. The prices in the localities like Vasant Kunj and Defenece Colony had crossed all the possible limits.

The developers had enough of their manipulations of property in Delhi; now the market trends are expected to incline towards end-users. And with market going in favor of buyers' sentiments, the demand shall rise again.

Makaan.com, a property websites with intelligent search facility, allows the end-users buy, sell, or rent property in Delhi, and other major Indian cities. Buyers can locate properties in their preferred localities and within the price-brackets that suit them the best.

Buying Property in Ghaziabad would now cost you more

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Remember the uproar that was created with the release of the movie 'Zilla Ghaziabad'? As the city was   portrayed as a nerve center of the worst form of crimes, people objected to it vehemently. Well, the city is indeed a hub of several nefarious activities. But all this ruckus did not deter the end-users from buying property in Ghaziabad. May be it is the affordability thing that has made people overlook the negative factor. As a matter of fact, the inquiries for the residential spaces have increased manifold in the recent months. As per a report of HT, there has been a phenomenal raise in the number of property interrogatories in the first quarter of 2013.

The prices, in such a scenario, are doing what they always do.... As the demand for flats in Ghaziabad has been an upsurge, the prices too are escalating, as high as 40%. This is a practically good situation for the investors who are eying on long-term profits out of their money. Seeing the hike in demand has further benefited the builders  as they have put a stop to the discounts on hoses rates they were offering hitherto.

Some of hot localities where the demand has escalated include Raj Nagar Extension, Vaishalli, Indirapuram, Vasundhra, and Crossing Republik. The prices of Ghaziabad flats in these areas have grown up anywhere between 3-30%. The price per sq. ft in Vaishalli in the month of August stood at Rs. 5880, a 21% increase from past one year. At Vasundhra, the psf has undergone a 19% hike, the value in August being Rs. 5415. The more affordable localities are Raj Nagar Extension, NH-24, and Crosslink Republik. In these areas, the psf ranges between Rs. 2500/- and Rs. 3500/-.

The prices, in spite of their recent hike, are still affordable for buyers seeking property in Ghaziabad. At Indirapuram, a 2 BHK flat can fall in the range of 30k-80k, depending upon the sq. ft area covered. Vaishalli is much cheaper: for a 2 BHK, you need to pay around 30-45k. And Raj Nagar is even more cheap: the price range of 25-30k for a 2 BHK isn't a big ask from you. Is it?

Search properties to buy or rent at Makaan.com, the fastest growing property portal in India. Choose properties on the basis of dimensions like price, location, age of construction, type of furnishing etc. The residential and commercial properties areas have been made available from owners, builders, and agents.

Indian Real Estate Saga: Soaring Prices, Dwindling Demand

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Indian real estate is burgeoning nicely, from year to year, and from decade to decade. Though the extortionate prices and scams have diluted its stronghold to some extent, It is still going great guns. The demand may have seen a depreciation in  cities like Delhi/NCR, yet the call for properties is very much there in the scene. And why that shouldn't be? With the population boom, the demand for both residential and commercial spaces is bound to prevail. The upper-middle and the elite class have a predisposition towards luxury houses and plush villas. Thanks to the  cornucopia of wealth that they possess that the demand for extravagant housing never ceases to exist.

As far as the middle-class is concerned, the real estate scenario says a different story. The considerable appreciation of rates has staved them off from buying even 1 or 2 BHK flats. Go and hunt a 2 BHK in the localities of Delhi like Kalkalji, Rohini, Vasant Kunj, Malviya Nagar, Chankya Puri, Golf Links, Sirifort Road and you will rarely get one with price below 50 lakhs. In certain localities, you will find a 2 BHK flat costing you as high as one crore! Of course, this middle-class is unable to invest their savings on such a high-valued property, so they end up cheaper localities, much below their expectations and preferences.

Same is the case with the rest of the country. Hebbal in Bangalore has seen an appreciation of 58%,  highest among all the Indian cities. In Hinjewadi too, the prices have escalated by 50% in the first quarter of 2013. Dwarka Expressway in Gurgaon, Kalyan in Mumbai, Gachibowli in Bangalore say the same story. The developers have successfully created an artificial demand for soaring the prices, thereby denying the access of ordinary buyers to the fruits of property in India.

So, what our covetous developers are doing now? In order to save the dwindling demand, they have now resorted to providing exclusive offers and tying up with international brands. But that too would work well for the upper strata and not the middle-class buyers. There is dire need to break this property bubble and let the prices correct. Once the bubble bursts, real estate India shall touch new heights.

Search 1, 2, 3 BHK rooms, flats, apartments, villas, condominiums, office spaces, warehouses over Makaan.com, India's premiere real estate websites. The properties listed from leading builders, land owners, and agents are available for buying, selling, and hiring on rent.    

Property in Noida: Becoming a Hub for Under the Table Activities

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The hot news, just out from press, says that sand-mafia is operating on a wide scale in Noida and Greater Noida. Property in Noida has remained a lucrative business for constructors and land dealers. To comply with the high housing demand, they have developed a nexus with police and politicians, thus carrying out all sorts of illegal activities, and that too fearlessly. In order to carry on with their felonious trades, the people involved in unlawful practices have no qualms about killing anyone who tries to expose their deeds. July 31, 2013 saw an activist gunned down by mafia; he was protesting against their illegal mining activities. The situation is really an eye-opener.

Noida properties has been in the front-page news for some wrong reasons or the other.  A few weeks before, we heard about booming of illegal colonies in Greater Noida. The buyers of Noida property are misguided about the registry and many of them get to know of the real facts after they become the occupants. The worst effected is the area around GT Road: about 60% of its land has been taken over by unauthorized colonies. Recently, to go one-on-one with these, the authorities have demolished many of them. But the situation is alarming. With illegal properties in Noida built on an accelerated rate, it has become very difficult to annihilate them all.

The corruptive people involved in such activities are able to dupe the common buyers by hiding the crucial facts and beguiling them in every possible way. The colonizers are able to produce fake documents by collaborating with police and are able to dupe people into buying illegal inventories. Even if they get caught under legal rules, they walk away freely, thanks to the tutelage provided by politicians and law protectors.

Before you make up your mind in buying any property in Noida, scrutinizing on a deeper level can be help you take the right decision. Inquire about it from the sources available. Keeping yourself well-informed can prevent you from signing any dubious deals.

Makaan.com is India's leading real estate websites. Catering to the needs of both commercial as well as residential needs of the buyers, the portal presents lakhs of properties online. A buyer can search the site for locating the space that he is interested in purchasing and can contact with developers, landlords, and promoters to initiate the buying process.

Buying Properties: Look Before you Make a Leap

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You cant' just do it: Choose a property and pay right away!! There are certain legalities that you must pay heed to or you could end up being caught into hoodwinking or paying more that you get in return. In the absence of any concrete regularization of properties and flaws in the law- implementation procedures, buyers often have to face counterfeiting or not receiving what they paid for. The higher authorities too refrain from taking any action against such dealers and the developers. There are certain things you need to check and sort out before you pay even a single penny of your hard earned money.

Check the authenticity of the dealer: Buying a house/plot/land requires generation of identification-documents on your part. The same is expected from the real estate dealers/developers/agents also; before you enter into an agreement with them, ask them to furnish all their identity proofs like PAN/ Aadhar Card/Voter ID etc. These documents must also be signed by them in ink. In fact, have their signatures for all the papers involved in transactions.

Scrutinize all the documents related to house/plot/land: The developers and dealers need to furnish all the documents related to the properties they intend to sell. Being a buyer, ask them to show you papers like water and electricity bills. There have been cases in Delhi/NCR where a developers did not even apply for water connections after submitting the completion of projects. The residents, after the occupation , got to know about this and were to forced get to use ground water for drinking/cooking. To avoid such fraudulence, scrutinize all the papers before taking the deal any further.  Ask them to show completion certificates and the final layout papers. Many times, the developers tend to add more houses to the final layout to reap profits, thus compromising amenities available to a buyer. The most important is the agreement document which should be prepared by a well-read lawyer. Also check if the documents are all authentic and have been issued by the valid authorities.

Inquire from Local Residents: No one can tell you better about a property than the residents that are the current occupants there. Through them, you can get to know about the disputes, if any, linked to the properties there. The real estate in India is prone to laxities and loopholes. So, it is better to do the thorough investigation of the things beforehand.

Take loans from Banks: Purchasing a house by taking loan from a bank is an advisable thing to do. Banks make an inquiry on their part for the authenticity of the properties; this way you are already saved from a number of frauds.

At Makaan.com, India's fastest growing property website, search rooms/houses/plots available for buying and renting from renowned developers and dealers.

Choosing the lucrative property site in India

The demand of Indian properties in the global market has increased manifold. In the past decade, prices of luxury properties in major cities have surged because of the coming up of varied infra projects, modernisation of cities and commercial projects. Because of such reasons, properties in India are seen as a good long-term investment option that could yield much higher returns. So, buying a property in India has certain benefits which many smart investors are noticing.

In the realty market, the old adage ‘buy low sell high’ seems never to be out of fashion. There are varied potential property sites in India with promising returns that can give investors a good dividend. But the challenge is to find one at reasonable price. Smart investors are shifting their search online instead of relying much on real estate agents because the web offers a range of options including facilitation of transaction between home buyers and sellers.

More and more people are visiting real estate websites as it allows home buyers to find easily their desired India property within their budget.
The realty market of India is experiencing a period of greater stability that is well reflected in its prices. The market is experiencing positive changes with the development of housing and office segments. Moreover, the economic reforms that favours home buyers the realty market of India is in a new phase that is characterised by cautious demand.

The demand of property India has surged over the years but at the same time purchase capability of people has also increased because of the growing economic status. Additionally, easy finance or house loans have kept the realty market afloat even during the period of gloomy economy.
  
Real estate seems to be the hottest investment instrument. Although realty market of India is emerging but a lot of factors influence the realty market. And India having its own uniqueness, its realty market plays a crucial role in formation of growth and business. In the housing segment, the demand and supply seems to be well balanced. The demand for luxury housing units often outpaces the supply in cities like Delhi National Capital Region, Gurgaon, Mumbai and Bangalore. And these are certain property sites in India that investors do not hesitate to invest.

While the majority of population prefer to live in cities, real estate in metros has become a highly preferred investment option compared to gold and other traditional investment instruments. To know more view at Makaan.com