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F-12&19, Globus D, Block H-1A/5&6, Sec - 63, Noida, UP, India

 
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Palm Garden
Emaar MGF Business Park Mehrauli Gurgaon Road� Sikandarpur Chowk, Sector 28, Gurgaon- 122 002�Haryana�

 
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Nirala Estate
Ansals Golf Links,� Greater Noida

 
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Unitech
Unitech,� Gurgaon

 
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Real Estate�s Real Answer
  • Can I convert my loan from fixed rate loan to floating rate loan & vice versa?
  • Yes, you can convert floating rate home loan into a fixed rate one with no extra charges. However, to convert a fixed rate product to a variable rate product, most banks will charge a small fee. The swap can be done any number of times and at any point of time.
  • Please suggest me is it right step to invest Rs 40-50 Lakh in a retail space in the NCR for an annual return of 24%. ?
  • Considering your modest budget, you may have to look at malls in the lower-middle income clusters of Ghaziabad or Faridabad. Purchase rates of retail space in better locations are all over Rs 10,000 per sq ft. in any case, a return of 24% is not possible the maximum you may expect is around 10-12% per annum.
  • What are the best options in Gurgaon for rental returns from commercial pre-leased property of Rs 1-2 crore? What are the options and an annual return one can look for ?
  • You should look at MG Road or Golf Course Road. Both have pre-dominantly commercial stock and vacancies are in single digits. A budget of Rs 2 crore should fetch Rs 1200-1800 sq ft pre-leased-options property. Annual returns would range from 8% to 9%.
  • Is it worth investing in a commercial project in Manesar; does it give an assured return? What are the prevailing prices and chances of appreciation ?
  • For investment purpose one can consider properties that are on the highway before Manesar, sector 60 to 65, and Golf Course Extension Road. Prices will be dependent on prevailing market conditions as well as amenities provided by the developers.
  • What are the criteria to get a home loan ?
  • The criteria for home loans depend upon bank to bank, like age, income tax return (ITR), loan repayment capacity, type of property, etc. however, as a thumb rule, banks generally sanction an amount salary or income of an applicant.
  • Where can I purchase a property on a budget of Rs 90 lakh after selling commercial property in New Delhi ?
  • The New Delhi area currently does not have many options n a budget of Rs 90 lakh. However, you could look at properties of around 1000 sq. ft in location like Netaji Subhash Place in Northwest Delhi. There are also some options in this range in Gurgaon on the Gurgaon-Sohna Road.
  • What is the size of a Road (in feet) necessary to run commercial activity in Okhla Phase I and II ?
  • The Road width must be 80 feet; this will enable you to go for a conversion of an industrial property in Okha Phase I and II.
  • I am planning to buy a 1BHK flat. How much discount can I avail by paying cash ?
  • It depends upon project to project. In new launches and for those under construction, developers generally offer 5-10% discount on cash-down payment.
  • What is the breakage being charged by property agents for rental apartments and what is the amount of registration fee ?
  • Normally, agents charge rental breakage amounting to 1-2 month�s rent depending upon the city, location and vicinity of the apartment; it is negotiable, As far as the registration is concerned, it too depends upon your negotiations.
  • What is moratorium and capitalization of interest on home loan? I want to take a loan from a nationalization bank and found these terms in the application form rather confusing ?
  • If the loan is sanctioned for construction of a house, a maximum period of 18 months or 1month after the completion of a house or taking possession of flat or house, whichever is earlier, is allowed as moratorium period where the equated monthly installments (EMI) are not required to be paid; only servicing of interest, as and when applied, is required. If a loan is granted for outright purchase of a ready-to-occupy house, the EMI is to be paid from the month following the sanction of the loan.
  • Which one is better to invest residential land or residential flat ?
  • In urban area it is advisable to invest in flats since the liability of clearing the land and getting approvals is tedious and expensive; it is better to allow a developer to handle this. In rural areas, land looks like a better opportunity.
  • Why don�t builders offer rental-housing projects ?
  • The government has no policy, in term of regulations and laws, to protect the interests of developers in rental housing.
  • What are the essential points should be cared while selecting a location for investment in residential or commercial projects ?
  • The quality of building, credentials of the developer, facilities like schools, retail, transport, office space, play grounds, clubs etc in the vicinity.
  • I want to buy a residential plot, measuring 200 sq yd, preferably a three-sides-open corner plot near to Patel Nagar Metro station in Delhi. What are the prevailing rates for this kind of plot ?
  • The average market value of residential plot in east or west Patel Nager starts from Rs 5.5 lakh per sq yd onwards.
  • Are the freehold plots of Gulawali Enclave in sector 162, Noida valid ?
  • Before investing in any such projects, please make sure whether the builder has authorized from Noida development concerned, like fire electricity board, water board, environment, etc.
  • Is it good decision to invest in property in Bhiwadi, which is under construction ?
  • In Bhiwadi, the maxmimum number of investments is along the Alwar Tijara Road. The area is expected to yield good returns once the industrial area around this region becomes fully occupied.
  • What is the current price of 2BHK in shalima Garden, Ghaziabad ?
  • The average capital value of a 2BHK residential apartment is Shalimar Garden starts from Rs, 2200 per sq ft. the locality is only 3km from Dilshad Garden Metro station and has good connectivity with Delhi.
  • Give me the information of EMI if I buy a flat worth Rs 25 lakh ?
  • The EMI will start as soon as you receive a cheque / draft from the bank in the name of the property seller.
  • I want to invest in 200 sq m plot in Greater Noida with budget of Rs 36 lakh. Please suggest some good options ?
  • With the budget of Rs. 36 lakh, one can look for 200 sq m options in areas like Alpha II and Beta II.
  • What are the main documents that must be verified before buying a flat or a floor in an old building ?
  • One must go through the following papers related to the beginning of the property, chain of title, occupancy certificate, sanctions from various authorities dealing with building plans like fire safety, completion certificate, demand notice related to renovation, tax dues and the latest receipts of payments made towards various services like water, electricity, ground rent etc.
  • Which area is a better option,Noida sector 137 or Noida sector 143? Why is there a rate difference between these two sectors ?
  • Both sectors are on the expressway. You should invest at a place. Where you pay less, as over a period of 3-5 years, prices in both the sectors will level off.
  • Are there any facilities, similar to a house loan from a bank, for purchasing land ?
  • Usually banks consider those projects for land financing where construction is already being carried out. So, if the plan of the area has been sanctioned by the relevant authority, land can be financed; otherwise, one has to provide alternative collateral and revenue stream to ensure the repayment of the loan for land.
  • What is the present rate of a residential plot in sector Chi Phi-3, greater Noida ?
  • The average residential plot value in Chi-Phi Sector ranges between Rs 22,000 and Rs 32,000 per sq yd. Before a purchase, one must look out for the location of the property, number of accessibility points, shape, abutting road width, proximity to local transport, commercial centre, etc.
  • I am planning to invest in a 3BHK flat in Pari chowk area, keeping in mind a time period of 3 years. Is it a good investment ?
  • Investing in this area will be a good option.
  • What would be a safe approach while investing in property, especially in Noida ?
  • Go for those projects which are ready-to move�in but if you want to buy projects which are under construction or may be launched, do a primary research on builder�s track record, project approvals, agreement copy and the like.
  • How much reasonable return on investment (ROI) cans one expert from real estate investment in the long term ?
  • Historical trends show that in the long run, real estate can generate 15-18% ROI.
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Residential housing Projects in Jaipur
Fame city, Jaipur
Contact Person: Rachna Sharma
Price: 1,62,000 /-
Landmark: Jaipur
Description: 333 Buildcon Pvt. Ltd. came up with the residential housing Projects in Jaipur, in which the company has planed to give royal life experience with mini golf course, Club house, Parks, Meditation Hall, Tennis court and the things which can be considered for a good township.

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Our Channel Partner
meet our property experts

"As a channel partner of 333 Acre, Mr. Gagan deep take care of "UAE" projects. Mr. Gagandeep added great value in 333 Acre's experts corner by helping people to choose best property in his area. Mr. Gagandeep have ensuring quality and service norms to achieve customer satisfaction."

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"As a channel partner of 333 Acre, Mr. Mittal take care of NH 1 belt especially Sonepat, Panipat and Kundli projects. Mr. Mittal added great value in 333 Acre's experts corner by helping people to choose best property in his area."

Mr. Vijay Mittal
(+919212370832)

Property News

Work on Delhi-Mumbai DFC moving at high speed

The completion of the much awaited Delhi Mumbai Dedicated Freight Corridor (DFC) may have been officially delayed to March 2017 but the work on the project is at a high swing. The project was conceived during the budget session of 2005-2006 and in October 2006, a special purpose vehicle was created under the ministry of railways. The Western Corridor covers a distance of 1483 km of double line electric (2 X 25 KV) track from JNPT to Dadri via Vadodara-Ahmedabad-Palanpur-Phulera-Rewari.

Fresh residential project Mahagun Marvella

Mahagun Group is coming up with fresh residential project Mahagun Marvella, well located in sector 78, Noida. Magnificently designed by internationally renowned architect, Hafeez Contractor. Mahagun Marvella is marvelous & lavish housing project with all luxurious comforts & attractive landscape.

Fresh residential project Mahagun Marvella

Mahagun Group is coming up with fresh residential project Mahagun Marvella, well located in sector 78, Noida. Magnificently designed by internationally renowned architect, Hafeez Contractor. Mahagun Marvella is marvelous & lavish housing project with all luxurious comforts & attractive landscape.

Eight city clusters to be developed at Rs 2,100 cr

Karnataka government today decided to develop eight city clusters in Bangalore Metropolitan Region Development Authority (BMRDL) areas at an estimated cost of Rs 2,100 crore.

Government will avail Rs 1,400 crore loan from Asian Development Bank and contribute Rs 700 crore to develop the city clusters, Minister for Urban Development, S Suresh Kumar told reporters after the cabinet meeting here....

source : financialexpress

DDA readying parking plan for capital

The Delhi Development Authority (DDA) is preparing a comprehensive parking policy based on travel demand management principles to tackle the parking problem and it will soon be finalized by the special task force (STF) headed by the Delhi chief secretary.

Minister of state for urban development Deepa Dasmunsi, in a written reply to Lok Sabha on Wednesday, also said that DDA has informed the UD ministry that 21 multi-level parking sites have been identified by the local bodies. In addition to these sites, land owning agencies are required to finalize other sites from time to time, she said.

source : indiatimes

Tata Housing sells 150 housing units for Rs 350 cr in Gurgaon

Tata Group's realty firm Tata Housing Development Company Ltd today said it has sold 150 luxury homes for Rs 350 crore at Gurgaon within just two days of launch. In a statement, the company said it has sold the entire second phase of its 36-acre premium luxury housing project 'Primanti' within two days of the launch.
"The phase II of the project comprised of 150 units spread across 4,50,000 sq ft and valued at Rs 350 crore," it added. The project offers 102 villas, 75 executive floors, 89 executive Apartments and 828 tower residences. The price of the housing units was in the range of about Rs 2-3 crore.

Home prices in major cities up 10-12% in 2012: Cushman & Wakefield

NEW DELHI: Prices of residential properties across major Indian cities have risen by up to 12% in 2012, according to real estate advisory firm Cushman & Wakefield. While prices have risen at most locations across major cities compared with the year-ago period, the average increase in price of mid-end properties has been 10% and that of high-end properties 12%, Cushman & Wakefield India said in a report on Thursday.
Chennai has recorded the highest increase in prices in the mid-end segment at 16%, followed by NCR at 15% and Mumbai at 14 %.

PepsiCo leases office space in Gurgaon's Golf Course Road Extension

NEW DELHI: Food and beverage major PepsiCo has leased 150,000 square feet of office space in Gurgaon's Golf Course Road Extension, a signal that it is preparing for a consumption boom in the Walmart era.
PepsiCo, which was one of India's first MNCs in the post-liberalisation era and among the first few companies that moved into Gurgaon, has five offices in the city spread over 70,000 sq ft.

Luxury segment of real estate market in city on road to recovery

After a lull of over a year, the luxury segment of the city's real estate market has shown signs of a comeback. Realty sector experts say that there has been a steady increase in luxury projects across cities in India and Pune is a big contributor to this movement.

Property tax in trans-Yamuna area likely to go up

Property tax in trans-Yamuna area is likely to go up with East Delhi Municipal Corporation today proposing an increase of property valuation by 1.6 times and imposing education cess and betterment tax on it.
In its budget for the next fiscal, the EDMC also proposed professional tax and electricity tax on power generators of five KW and above and new parking fee rates on minute basis to augment its coffers.
Though no increase in property tax was proposed in his budget speech, EDMC commissioner Sajjan Singh Yadav said there was a need for revising the valuation of property and proposed that in all the 8 categories of residential properties, the valuation be increased by 1.6 times.

Government Up-lifting Housing Sector

"Month beginning has brought-up with exciting news for real estate industry. The Govt. has declined 2% interest rate for home loans where the cost of property does not exceed Rs 25 lakh. In this modern era, where the inflation rate is on peak and property rates are rapidly up-lifting, Government took this step to inspire confidence of buyers basically in rural and middle areas."

Pre-Budget 2012: Developers Standpoint

"As the Budget 2012 approaches, expectations from developers are rising in anticipation of economic reforms and announcements of affordable housing measures by the government."

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