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Showing posts from July, 2008

NIBM Road: Emerging location in Pune

NIBM (National Institute of Banking Management) is become a centre point of lots of big real estate development from last few years with the support of well improved infrastructure, the place has transformed completely however still some people think differently about the location and does not even think about it as their perception about the location is not updated. here i would like to put more light upon why Area near NIBM is and will become one of the best prime location in near future. The major factor which fuels Real estate growth in particular area are: 1) Infrstructure 2) Road Connectivity 3) Schools & Institutes 4) Hospitals 5) Commercial Malls & Multiplexes 6) Upcoming Developments Residential & Commercial. I would like to summerize above factors in one paragraph as they intermingaled each other or batter to say that they complimant each other. the Infrastructure of Roads has been improved a lot on all sides of NIBM which makes easy access and transportation, we

Dubai housing market overheating

United Arab Emirates: Thursday, July 24 - 2008 at 09:35 Standard Chartered Bank is warning that Dubai's housing market is becoming overheated, particularly in the off-plan sector. The signs of overheating, it said, are related to the 'ultra loose monetary conditions which distort economic incentives and encourage risk-taking behaviour'. It says the government needs to address speculative behaviour.

How best to tackle inflation

The inflation fire is now an inferno. It singed wallets on its way from 4.7 per cent in July 2007 to 8.86 per cent in May 2008. It did not stop there, but shot up to a 13-year high of 11.42 per cent for the week ended 14 June. Much of this recent rise is being attributed to the pervasive impact of the increase in the state-administered prices of oil products on 5 June. That looked inevitable after international oil prices rose to an all-time high, up to $140 a barrel last fortnight. Worse, this inflation is not expected to go south anytime soon. Says Shuchita Mehta, senior economist, Standard Chartered Bank: "We expect inflation to remain high for some time and to average 8.72 per cent this fiscal year."Why high inflation is here to stayOil aftershock. With little chance of increasing global supplies, higher extraction costs, production cuts and export taxes in some oil producing countries, and speculative investments in oil by large international investors has buttressed pri

Inflation rise will not allow any price fall in real estate:

the fact is that prices of each and every construction material has been increased many times and the future suggests that it will rise more, this will affect the construction cost and the cost will be increasing continuously. that means if future the new construction project will be having more construction cost and can not able to offer lesser prices even the case of reduced land prices. So folks, it is better to invest now..

Real Estate Market: Which way heading?

This question is in mind of everybody who is somewhere or somehow relates to Real Estate industry either a developer, investor or common man, The Global economy cycle affected by unprecedented hike or rather say unacceptable oil prices created a panic in world biggest economies like US, Europe and affected growth of developing giants like China & India. the rise is inflation is affecting each and every corner of economy and does not give any respite in current scenario, now in this situation if someone looking to buy properties is worth or not as you can feel that having liquid fund will be more secure rather investing in buying real estate.

NRIs home in on India, account for 10% of sales now

NEW DELHI: Home sales in India might have turned sluggish but sales to non-resident Indians (NRIs) are booming. According to Jones Lang LaSalle Meghraj (JLLM), residential sales to NRIs have tripled over the last six months, from 3% to about 10% of the total sales. "What would happen when one loses his job in the US? The downturn is scaring many NRIs who fear job cuts," says JLLM's Raminder Grover. "There is a renewed interest in selling abroad," says Lodha Group senior VP R Kartik. Many NRIs have been thinking of coming back to India and "many of them are making safety investments," explains Mr Kartik. Over the last few months, Lodha has seen a 25% increase in its sales to NRIs. Sobha Developers has seen the share of NRI sales go up from 5% to 10% of its sales. "In the last six months, we have been selling about 25,000 sq.ft. a month to NRIs," says Sobha Developers MD Jagdish C Sharma.

Buy your dream home now

Experts suggest that investors willing to buy residential properties should not wait. It is better to invest at current levels. The inflation rate is ruling at quite high levels (above 11 percent) and is expected to remain high in the short to medium term. This means the rise in input costs of properties will continue and builders will be forced to raise the property prices in future. Also, home loans attract income tax incentives for the borrowers. This means it is good to invest early in property. However, investors should factor in some variables while going in for a home loan. As a home loan is a longterm commitment from the borrower, it requires proper financial planning. Typically , a home loan tenure is 15 to 20 years. Some factors to consider while availing a home loan: Scheme First of all, a borrower needs to decide on whether to go in for a fixed or floating interest rate home loan. Usually, the rate of interest is 1-1 .5 percent higher in fixed interest rate options. Borrow

CREDAI / MCHI Proposed International Property Exhibitions Calendar - Year 2008 - 2009

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Please click this image to view proposed International Property Exhibitions Schedule to be organised by India's Premier MCHI / CREDAI

HILLS & DALES, NIBM ROAD, PUNE

MEGA LAUNCHING OF HILLS & DALES PHASE III A RESIDENTIAL PROJECT SITUATED AT UNDRI, PUNE. Product Size : 3 BHK Flat Product Area : 1600 sq.ft. to 1700 sq.ft. Product Budget : Rs.60 Lakhs to Rs.80Lakhs

Review: Bramha Emerald County, NIBM Road, Pune.

These 3 & 4 BHK Penthouses are in underconstruction project named "Bramha Emerald County" Developed by wellknown Developer named "Bramha Builders", The possession is due between march - Dec. 2008, the detail about the project is as follows: "Bramha Emerald County" (British Life Styles, Indian Values) is the latest address in pune. Nestle atop a hill, Bramha Emerald County is England revisited. Everything about it is oh so British! the ambiance, the architecture, the rolling hills....as if you are in England, even though in Pune. A Residential Township "Bramha Emerald County" Coming up at Off NIBM with the concept of spacious 2,3 BHK Apartments & luxurious 3 & 4 BHK Penthouses. A complete package to those who are looking a place with scenic beauty of pune with hills surrounding it, however just 5 Kilometer away from Main City MG Road & Railway Station. Neighbouring Wanwarie area. The Project is bringing exclusive design of Britis

Magicbricks.com is the mega brand of Times Group, Organizing a Property Bazaar 2008.

Magicbricks.com is a high end property portal, which is on an aggressive growth path of showcasing properties to a global market with its sound presence across India as well as across the world. Magicbricks.com 2nd time in a row, achieved Real Estate Excellence Award in May 2008. After the grand success of the our international exhibitions: --India Property Show – Dubai, March, 2007 --India Property Show – Singapore, April, 2007 -- India Property Show – London, June, 2007 -- India Property Show – Dubai, September, 2007 -- India Property Show – Singapore, November, 2007 -- The Luxury Show- Bangalore, January, 2008 -- South India Property Show - Bangalore, April 2008 After the grand success of South India Property Bazaar’08- April 5th & 6th, this time coming up with new horizons of your hopes and your dreams. MagicBricks.com is all set to provide property-seekers in Bangalore with the amazing experience of a landmark Real-Estate Property Fair - Bangalore Property Baza

GERA GREEN VILLE, Kharadi, Pune

GERA GREEN VILLE:The complex is of 81 Bungalows of 3 types spread across 13 acres. TheMaster Plan is conceptualised by Singapore based City Planners HelberHastert & Young and the landscaping by Belt Collins International, Consultants from Hongkong. The complex has spacious Club House with alarge Swimming Pool, Playgrounds and gardens. Some of the common amenities include - Independent remote controlledentry for owners, piped LPG, Water Treatment Plant, Security Systemsetc. The Bungalow also comes with a 5 years warranty from Gera which include Preventive Maintenance, Repairs and Re-Painting.