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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.

Discuss: No automatic residency for property buyers in Dubai

Source: AME INFO United Arab Emirates: Tuesday, June 24 - 2008 at 08:00 Marwan Bin Galita, chief executive of Dubai Real Estate Regulatory Agency (Rera), said there is no direct link between property ownership and residence visas in the emirate, reported Gulf News. Noting that it is 'not a must' that those who buy a property can get a residence visa, he said that even if an investment company applies for a residence visa for a buyer, the residency department could reject it.

Asia's realty market on a roll

Source: The Economic Times Dominic Whiting SINGAPORE I N THE property world, the momentum appears to be with Asia. Funds designed to buy offices in Tokyo or build homes in China and India are sucking up money from Western investors eager to enter a region so far only grazed by the global credit crunch. But is the easy money to be made elsewhere? Maybe in the ravaged London market in the United States in a few months if price declines slow, or even in undervalued Asian property stocks rather than in bricks and mortar? At this week's Reuters Global Real Estate Summit, fund managers ING Real Estate and LaSalle Investment Managers, the property arm of British insurer Prudential and Dubai's ETA Star Property Developers all said they were raising new funds this year to invest in Asia. Hailing strong regional growth and a more mature investment landscape in Asia, where the advent of real estate investment trusts (REITs) has brought more transparency to the murky world of property deve

Real estate FDI inflow up nearly five-fold

Source: The Hindu Business Line New Delhi, June 24 The Indian real estate and housing space emerged as the darling of foreign investors in 2007-08, clinching FDI equity inflows of about Rs 8,749 crore, a near five-fold increase over FY07. "The investors have seen that the real estate potential in India is huge. The returns are quite attractive. In fact, we see the trend picking up even further this year as the prices are getting more attractive for investors," Mr Ra-mesh Sanka, Chief Financial Officer at DLF said. Late last year, DLF Ltd had sold 49 per cent stake in eight residential project SPVs to private equity investors for a total consideration of Rs 1,675 crore. A Merrill Lynch & Co entity had bought 49 per cent equity in seven residential projects in Chennai, Bangalore, Kochi and Indore for Rs 1,481 crore. The company headed by Mr K.P. Singh - has also diluted 49 per cent stake, in another middle-income housing project in Panchkula, Haryana, to Brahma Investments

Demand for Housing set to grow: NIBM

Source: The Financial Express At least 68 million Indians will require independent housing by 2015 and add to the housing demand of nation due to age-demographic effect. Inthecase of urbanpopu-lation, the additional need for housing would be 31 million, a report on the 'Study of Residential Housing Demand in India prepared by the Nation-al Institute of Bank Management (NIBM) for National Housing Bank (NHB) said. NIBM has forecasted additional demandforhousingfor 2012-13 at around 6.79 million, a figure that has been projected by the 11th Planning Commission. Studying the linkages between housing demand and other sectors like steel and cement production, NIBM has estimated a 10 % increase in realised demand for houses (proxied by number of loans disbursed by HFCs and banks) resulting in a 4.59 % increase in steel produc-tionand 4.67% in cement production. A typical borrower, according to the study, would most likely to be a male in the age group of 40-50, a significant 25% were belo

INVEST, SELL AND THEN BUY

Source: The Economic Times Properties in the metros are literally going out of the reach of common people, the latest is to invest in affordable houses on the periphery, and later on encash these assets to purchase another house in the city. ET Realty explores the idea of buying property in the peripherals. M eet the new home buyer, who is actually a medium-term investor with a long-term end-user perspective first, an investor on the outskirts of the city, and later, a buyer in the city. Take a look at the case of Sanjit Baijal, a guy in his late twenties who works with a retail company. He wanted to own a house in Delhi itself. Anything which can be called a decent accommodation comes for nothing less than Rs 50 lakhs, whereas, he had only Rs 15 lakhs to spare. The result- he explored options in this range and combed the projects across Delhi NCR. The projects in affordable range were all on the periphery of Delhi, further away from the suburbs. He finally invested at the Ansal Town p

Emaar MGF plans $3bn expansion in India

Emaar MGF Land, a joint venture between Dubai's Emaar Properties and India's MGF, is to develop 31 million square feet of area in 10 locations in South India with a planned investment of $3bn. The first of these developments to be launched is Boulder Hills Golf & Country Club, a leisure and residential community in Hyderabad. The $1.4bn project features an 18-hole championship golf course, luxury residences, large format retail facility, luxury & boutique hotels and IT park.

Small flat owners may get property tax relief

Source: The Times of India Mumbai: Small flat-owners across Mumbai could expect greater relief in their property tax assessments. All party MLAs on Tuesday proposed that no changes will be made in the tax structure for flats with an area up to 500 sq ft for an initial five-year period. Put simply, lakhs of middle-class residents in chawls in the island city and those living in old buildings in suburban Mumbai could be spared any increase in the property tax which would shortly be levied on the basis of the market value of a property as against its rental value. The proposal was discussed at the joint select committee meeting of the state legislature which met on Tuesday to seek an all-party consensus to shift to the capital value system of determining property tax while protecting the interests of the middle-class. At present, property tax is calculated on the basis of the rents determined in 1940. Minister of state for urban development Rajesh Tope chaired the meet. While the MLAs una

NCR project hits new price high

Source: Business Standard SIDDHARTH ZARABI New Delhi, 18 May S etting a new benchmark for apartments in the super-luxury segment in the national capital region, a local developer is offering 7,672 square feet of super area at a basic prices ranging between Rs 13,500 and Rs 14,750 per square foot (sq ft), the highest in the region. The property is attracting keen interest in the market and analysts said it indicates the market for luxury properties remains strong as ever. The 240-apartment property is being developed by Ambience Infrastructure Pvt. Ltd, a company promoted by Raj Singh Gehlot. Located 800 metres from the toll gate on the Delhi-Jaipur expressway of national highway 8, the 150-acre site borders the vast Rajokri greens. The smallest apartment in the Ambience project - The Caitriona - has a basic sale price of Rs 9 crore, while the largest carries a basic tag of Rs 11.31 crore. There are others charges that buyers have to bear: for preferential location, an open terrace with