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Friday 16 December 2016

China's Wanda Group Submits Proposal to Build $10 Billion Township in Haryana's Sonepat

New Delhi : Days after a leading Chinese company signed a memorandum of understanding (MoU) with the Haryana government to set up 100 MW solar power projects in the state with an investment of Rs 500 crore, Wanda Group (one of the largest real estate developers in China) has submitted a proposal for setting up a green field integrated industrial township in Sonepat district in joint venture with the Haryana State Industrial and Infrastructure Development Corporation Limited (HSIIDC).

The joint venture will develop, operate and manage the integrated industrial township at Kharkhoda in Sonipat district.

According to an official spokesperson, the sponsors anticipate that the joint venture will catalyse investment worth $10 billion (Rs 65,000 crore) and generate opportunities for 34,000 direct jobs.

The project at Kharkhoda would fall within the Delhi-Mumbai Industrial Corridor and the National Capital Region. “Jointly developed by Wanda Group and the HSIIDC in phases over 2,800 acres, it will house companies engaged in software, automotive manufacturing, machinery, healthcare education, smart housing appliances and food processing,” he added.

The spokesperson further said a residential township integral to the project, including all civic amenities and social infrastructure, would also be created to develop a 4th generation integrated industrial township. Furthermore, a “cultural tourism city” will also be developed as part of the project.

According to the officials, the investment proposal is an outcome of a series of meetings between chief minister Manohar Lal Khattar, and chairman of Wanda Group Wang Jianlin.

Wanda Group is a $92-billion conglomerate whose business interests encompass shopping malls, theme parks, sports industry, and cinemas. It is one of the largest real estate developers in China with presence in the US, UK, France, Spain, and Australia.

Earlier, the Haryana government had signed an MoU with a leading Chinese company Prestige Ocean Holding and Investments Limited for the setting up of 100 MW solar power projects in the state with an investment of Rs 500 crore. The development had taken place over a month after several BJP leaders, including Haryana ministers, had asked people to boycott Chinese items.

Wednesday 9 November 2016

नोट बैन: रियल स्टेट पर पड़ेगा असर, प्रॉपर्टी रेट्स में आ सकती है गिरावट


ब्लैक मनी को खत्म करने के लिए 500 और 1000 के नोटों का किया गया मोनेटाइजेशन का सबसे ज्यादा प्रभाव रियल्टी और गोल्ड सेक्टर पर पड़ेगा। साथ ही डिजिटल पेमेंट्स कंपनियों में हिस्सेदारी रखने वालों की चांदी होगी। रियल्टी सेक्टर पर पड़ने वाले सबसे अधिक असर से प्रॉपर्टी के रेट्स गिर सकते हैं।


रियल स्टेट में ब्लैक मनी का काफी इस्तेमाल होता है। 500 और 100 के नोट्स के डिमोनेटाइजेशन के बाद रियल स्टेट सेक्टर में पारदर्शिता आने की उम्मीद है। इस कदम से प्रॉपर्टी की कीमतों में गिरावट लगभग तय मानी जा रही है। ऐसे में निवेशक रियल स्टेट में पैसा नहीं लगा पाएंगे और बिल्डर्स को मजबूरन प्रॉपर्टी के रेट्स गिराने होंगे। दिल्ली-एनसीआर में इस का सबसे ज्यादा असर देखने को मिलेगा क्योंकि यह मार्केट कैश में कारोबार के लिए जाना जाता है।

कितनी होगी गिरावट
ऐस्टेट एजेंट्स असोसिएशन ऑफ इंडिया के प्रेजिडेंट यशवंत दलाल के अनुसार, 'प्रॉपर्टी मार्केट्स में 30 प्रतिशत के करेक्शन की उम्मीद है। मार्केट्स कंडीशन्स को देखते हुए ऐसे बिल्डर्स को भी रेट्स घटाने होंगे जो चेक से पेमेंट लेते हैं। दिल्ली-एनसीआर के अलावा छोटे शहरों के प्रॉपर्टी रेट्स पर भी इसका काफी असर पड़ेगा।'


इसके अलावा प्रॉजेक्ट्स में देरी की भी समस्या आएगी। निवेश होने की स्थिति में बिल्डर्स निमार्ण कार्य की गति कम कर देंगे। डीएलएफ के सीईओ राजीव तलवार का मानना है कि सरकार के इस कदम के बाद से रियल्टी सेक्टर ज्यादा पारदर्शी हो जाएगा।

Source - http://navbharattimes.indiatimes.com/business/property/property-news/real-estate-to-be-hit-hard-but-homes-may-get-cheaper/articleshow/55326880.cms

Thursday 20 October 2016

BMW launches 3 Series Gran Turismo at Rs 43.30 lakh

BMW globally unveiled the 3 GT facelift a couple of months back. This time around, India being one of its important markets, it has launched the new 3 GT at Rs 43.30 lakh. The new 2016 BMW 3 Series Gran Turismo is offered in three trim levels: 320d Sport Line, 320d Luxury Line, and 330i Luxury Line. Loaded with impressive performance figures, styling and the fact that it has no direct competition for now, it is indeed expected to do well in the Indian market.  

BMW 3 Series Gran Turismo is available in one petrol and two diesel variants. The diesel 320d is powered by a 2.0-litre four-cylinder engine that puts out 187bhp of power and 400Nm of torque. While, the top spec petrol 330i is powered by a 2.0-litre four-cylinder engine which puts out 249bhp of power and 350Nm of torque. 

The front and the rear section have been revised, thereby making the Gran Turismo appear bigger than the regular version. In terms of dimensions, the GT is about 190mm longer, 79mm taller and about 17mm wider. The new pair of LED headlamps connect to the kidney grille on the front. The bumper houses fog lamps and has been revised for freshness. The rear sports bigger LED tail lamps.
As for the interior, it gets premium leather upholstery as seen in the 3 Series. The GT version comes loaded with electrically adjustable seats, powered sunroof and the iDrive system. The rear sear section offers better legroom and the company claims that it can accommodate around three passengers comfortably. The car comes with a decent 520litres of boot space which can be easily stretched to 1,600litres, all thanks to the 40:20:40 split configuration at the back.

BMW 3 Series Gran Turismo variants are priced (Ex-showroom, Delhi) as follows –

BMW 320d Gran Turismo Sport Line – Rs 43.30 lakh
BMW 320d Gran Turismo Luxury Line – Rs 46.50 lakh
BMW 330i Gran Turismo Luxury Line – Rs 47.50 lakh

Wednesday 5 October 2016

Sonepat, Emerges as The Next Hottest Real Estate investment Destination in Haryana


Sonepat, a flourishing urban city in Haryana, lies just 16 kms away from Delhi and has emerged to be an important part of National Capital Region. Property in Sonepat is a hub of residential and commercial establishments that comprises of educational, corporate, industrial, hospitality and infrastructural projects. The city has a skyrocketing realty market that is witnessing a remarkable growth in almost all the sectors. Engulfed in rich green spaces, it is the most sought after destination by many buyers and investors and has several landmark projects coming up in various segments. Proximity to Delhi and great connectivity to some of the prime locations of Haryana add wealth to the city’s realty growth. The competitive property prices have made the place a desired target for many investors as well as developers as the prices are anticipated to appreciate considerably. Plots in Sonepat offer genuine benefits to all its investors as it gives you the freedom to build your home in your own style. The developers are eyeing this area as property rates in other parts of NCR are too high and they have an option to invest here and make quick profits in future.

An eight - lane express highway is also on the cards that will connect industrial areas like Sonepat, Bahadurgarh, Jhajjar, Palwal and Gurgaon. Many corporates are also proposing SEZ around the Expressway.

Kundli is the key locality in Sonepat that holds excellent investment potential due to the current and upcoming infrastructural developments happening like KMP Expressway, the 100-metre-wide road from the IGI Airport to Narela, the 5000 acres Rajiv Gandhi Education City at Sonepat, a proposed textile park, logistics park and improved rail connectivity.

Top developers coming up with independent floors in Sonepat are Jindal Realty, Omaxe Group, Eros Group, TDI, Ansals, ELDECO and Parasvnath.

Another reputed developer known as “Jindal Realty” is marking its huge presence in the property market in Sonepat. It is one of the top realty developers in Haryana that is coming up with mega integrated township project named as Sonepat Global City. The group in its real estate product range offers independent floors for a secured and spacious lifestyle, plots to give you the choice to build your homes the way you like, palatial villas for a lavish living for the discerning few and a commercial center in Sonepat.

Thus from the investment point of view, Sonepat due to its proximity to Delhi is and will always remain a promising location. Investors in order to get decent returns on their capital need to maintain an investment period of minimum 3-5 years so that the region develops sufficiently.

Tuesday 13 September 2016

Tuesday 9 August 2016

Noida Emerging as a New Hub for Real Estate Investment

Real Estate Investment

Noida is fast emerging as a real estate hub for investment in properties. Noida and Greater Noida are the two hot cakes for the real estate investors. All big and small builders and designers have entered the real estate market of Noida in the past few years. Noida is the most preferred destinations for opening offices by most MNS’s after Gurgaon. And, a lot of export houses and SEZ’s have been set up in this region for growth and development.

Residential Property in Noida

So, owing to these reasons mentioned above, Noida has been witnessing fast growth and development in the past decade. The rich and the influential have been targeting the residential property in Noida due to investment returns it promises. All giant builders are plunging into the real estate market here. The projects being developed are huge with all kinds of basic amenities that are often referred to as community amenities. Noida is emerging as a complete industrial township. It’s close vicinity to the capital of India is another major contributing factor to its development and preference.


The rising per capital income of the youngsters with an approach to having a working spouse is really contributing well towards the property demand. The young population is able to buy a property soon after a few years of working. Easy financing and loan facilities have further pumped in the demand for good residences and flats. There are some prime locations in Noida where the real estate market is appreciating very fast. The locations are Sector - 128, Noida, NH - 24 Highway, Sector - 131, Noida, sector - 117, Noida, Sector - 120, Noida, Sector - 1, Noida extension, Yamuna expressway etc.

Commercial Property in Noida

The Greater Noida West which was earlier referred to as Noida Extension, has seen the property prices appreciating by 15% in past one year. A lot of planning has gone into developing the infrastructure of this place. There are a lot of MNC’s that are setting up offices here. All major real estate commercial players have started working on new projects here. The metro extension is already happening till Greater Noida and Noida by itself is very well connected to Ghaziabad, Delhi and Gurgaon. This is a major factor as to why people prefer to stay in places like Gurgaon and Noida rather than in over-crowded Delhi.

Greater Noida has approximately 8980 acres of land area with it. And, there are already 75 builders who are already into real estate project development in Greater Noida. The residential and commercial property in Noida is getting a good hold in the market with a lot of prospective buyers around.

Thursday 21 July 2016

Vaishnavi Oasis - Elegant Homes having Remarkable Edifices

The Bangalore supported realty developer Vaishnavi Group proudly announces the launch of its novel residential project in Bangalore, known as Vaishnavi Oasis. This property in Bangalore is an imminent residential development thoughtfully planned to grow manifolds in future. This latest venture by the company will change the topology of Kanakpura road and will attract huge investors in the coming years. It is a pristine and iconic creation in one of the most renowned localities of the Silicon Valley. The innovative housing community has been built up using latest technologies and construction methods and has a robust engineering which makes it a favorite destination offering incredible enjoyment and lifestyle to all its occupants. The project will meet all the requirements of a dream house right from the ambience to the apartments to the incredible features and facilities provided.

The magnificent campus of Vaishnavi Oasis, Bangalore extensively extends beyond 3 acres of land and has charming greeneries all around. It houses 262 residential spaces of configurations 2 and 3 BHK spanning across 1070 - 1550 square feet serving the requirements of all types of residents. These accommodations will be stylized into 3 blocks of towers having G+13 floors.  The capacious and spectacular homes are fully stocked with some brilliant features. The apartments are watchfully deigned and decorated with remarkable features of modern times allowing its occupants feel the exclusivity at every end.

The proposed predominant facilities at Vaishanvi Oasis are an Infinity roof top swimming pool, well equipped gymnasium, sky view club house, indoor and outdoor sports facilities, multipurpose hall, toddler’s play area, reserved car parking, intercom facility, 24x7 maintenance staff, tennis court & air hockey. Your little angels can roam around and play freely in the kids play areas where vehicle mobility is restricted. There are many other lifestyle and recreational facilities, advanced healthcare facilities, social hubs and educational centers available all under one roof. There are several indoor games and other sports facilities available fully equipped with imported sporting equipment to pump up the sportsperson in you.

The urban development of Vaishnavi Oasis is opportunely positioned in JP Nagar, Off Kanakapura road of Bangalore and enjoys proximity to the basic social and civic elements of daily life. It is quite close to NICE- Bangalore- Mysore Expressway, Kanakapura road, Electronics city flyover, Mysore road, NICE ring road, and many other linked express transits. It is easily connected to the prime locations of the city via all means of transport. Many top schools, educational institutes and hospitals lie in close vicinity of the project.

Key amenities of the project are:

1.      Large size club house
2.      Fully operational gymnasium
3.      Kids play area
4.      Infinity roof top Swimming pool
5.      Meditation center
6.      Sports facility
7.      Multipurpose hall
8.      Intercom facility
9.      Visitor parking
10.  Maintenance staff
11.  Day care center
12.  Landscaped open spaces

The high end homes at Oasis, Bangalore by Vaishnavi group are available in the price range of Rs. 48.04 Lakhs to Rs.69.59 Lakhs and are backed by easy payment plans with relaxed schedules for the convenience of the buyers.

Thus the urban residences of Vaishnavi Oasis let you experience the excellent apartment living in a highly satisfactory manner amidst international level comforts. Thoughtful architecture and feature rich interiors promise you assured returns in future. The cutting edge project resonates with lifestyle needs of ultra-modern people. So go ahead and book your space now as homes like Vashnavi Oasis aren’t easy to find.

 
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