real estate india

Ashiana is a word which defies translation. Very simply it means a home. But it is an Indian home and represents an Indian concept of peace and harmony borne out of family well-being related to the home. In its true sense, it can only perhaps be understood, by one who has cherished a home and built his aspirations and dreams around it. At Ashiana Housing & Finance (
India) Ltd., this concept has helped to construct more than 3.0 million Sq.Ft. of residential and commercial space. Ashiana Housing began its operations in 1986 from the state of
Bihar.    The projects executed have been in
Patna and
Jamshedpur. The singular aspect of the construction activities is that the company has constructed residential and commercial complexes without any time/ cost overruns. The corporate philosophy has been to provide quality construction at affordable price tags and to deliver in time. More recently the company has gone into construction of residential projects at Bhiwadi, Rajasthan and Vaishali,
Ghaziabad.                                                                                         Courtesy: TOI dtd: - July 11, 2008

Felicity Estates Pvt. Ltd. is a name synonymous with leadership, trust, quality and reliability. Building on strong pedigree and established reputation, the group combines an impeccable record of performance with innovation and leadership in real estate industry. Part of the SRA group (S.R. Ashok & Associates Pvt. Ltd.), Felicity Estates Pvt. Ltd., combines strength of experience with the dynamic needs of modern living. With over three decades of proven excellence in construction of residential, institutional and commercial projects for leading govt. and private agencies, today SRA group is known for consistently set benchmarks for landmark construction. Felicity Estates Pvt. Ltd. has to its credit, some of the finest residential projects in Rudrapur, Jaipur,
Chandigarh, and
Goa, which reflect best of the design, planning and viewing the needs of modern families.              

Courtesy: - HT dtd: - July 11, 2008

The Pushpanjali Group is an amalgam of premium quality, quintessential contemplation and emphatic foundation of trust. The group is developing townships located at NH-2, have not only many captivating features to live in ultra modern life style but also to have tremendous investment growth possibilities. There are especially designed lucrative investment plans to match one’s need and value for money. Pushpanjali is developing beautiful townships on NH-2 Delhi-Agra highway — Pushpanjali Baikuknth divine homes and PP Town holiday homes. Courtesy: - HT dtd: - July 11, 2008

The

Tivoli
Holiday
Village will win hearts at the very first sight. And what can be a better way to unwind than swinging the golf club. Keeping this thing in mind, it also has fun golf by
Tivoli miniature golf courses complete with a golf academy for the beginners.  Courtesy: - HT dtd: - July 11, 2008

Godrej Properties Ltd. (GPL), established in 1990 and is one of the leading real estate development companies in
India. GPL entered in its first project in 1991 and started operating in the Mumbai Metropolitan region. Later they expanded its business to cities like Pune,
Bangalore, Kolkata and
Hyderabad. Recently, they have diversified into Ahmedabad, Mangalore,
Chandigarh, Chennai,
Kochi and Greater Noida. Their business focuses on residential, commercial and township developments. GPL is a fully integrated real estate development company undertaking projects through their in-house team of professionals and by partnering with companies with domestic and international operations.                                                                                                      Courtesy: - TOI dtd: - July 11, 2008

CZAR SUITES will be having the tallest towers in Greater Noida with SKY STUDIO.Landscaped
Lake with water channelCZAR SUITES is Facing 330 feet wide Green Belt6 Acres of
Central Park within the complexEvery Flat is 3 Side Open & park facing30 Feet Wide Internal Roads24/7 Concierge Service - Latest International Concept in Urban Living; Being Introduced for the first time in NCR by SUPERTECHArray of branded utility & retail services to be made available to residents of CZAR SUITES  The Club at CZAR SUITES shall be made operational by December 07 At CZAR SUITES greenery is plentiful; with 83% green area, 6 Acre Central Park & each apartment facing the park, CZAR SUITES has about 165 Sq. Ft. Green Area Per Person.

For commercial retail, one needs higher investments compared to residential or office real estate. For a standard size retail outlet an investment of Rs.70-80 lakh is required. “But one can buy retail space in a mall with Rs.30-40 lakh. There are 300-500 sq.ft. outlets available in the malls in the form of food stalls, ATMs, florists, travel and money transfer outlets”, says Ramesh Menon of Ground Realty. But then according to Menon, higher entry-level investment is no deterrent as rental returns and capital appreciation are quite high. Investment is much more secured and exit route is easy (one can exit in six months).  Shubrahnshu Pani feels that in the commercial retail real estate smaller investors are obliged to go in for quoted price and as such they have limited bargaining power. But then the investors clubs which are springing up all across the country are proving to be a real boon for the retail investor. Says Lakhotia, founder of an Investor Club “The popularity of such clubs can be gauged from the fact that today we have a membership of 280. Since we buy in bulk, we are able to get a special bargain benefit of 15-24 percent on retail property. There is another advantage of joining such clubs. While for individual investors, investments in retail property is high (Rs.30-35 lakhs), Investor Club members can invest as low as Rs.5lakhs and reap the benefits of high ROI. Now that more and more small investors are realizing the benefits of joining the Investor Club, we are getting number of requests from other cities like Mumbai and
Bangalore to set up branches of our club there.                                                                          

                                                  Courtesy realty plus

Eldeco Aurum, Latin for Gold, is a symbol of opulence, of status and of the very best in living standards. Located at a prime location in Greater Noida, Eldeco Aurum has been designed in meticulous detail to match international standards of high-end residential development. The simple yet elegant design by the award-winning  Architects Bose International, is a winning combination of undiluted privacy for individual apartments and a vibrant community life. The rich specifications and state-of-the-art amenities compliment the good life envisaged by the design. All this backed by the trusted Eldeco expertise in bringing visions to life.Eldeco Aurum is more than just an illustrious residential complex. It is a new lifestyle concept where utility meets beauty. Welcome to the gold standard in living!  17 acres in a prime location surrounded by green belt 2/3/4 bedroom luxury apartments and penthouses, all facing greens Primmed garden and main entrance plaza Multilevel landscaping with water bodies and jogging tracks Retail facility inside the complex Club house with Swimming Pool, Multipurpose halls, Outdoor Tennis Courts, Gymnasium and Spa Landscaped play area for children Entry and exit access control to vehicles 100% power backup Fully secure gated complex with CCTV Piped gas supply Computerized electricity billing.

Harry Singh, Head Business Development, Do Rent a consulting firm focused on rentals, says that the intent of every investment is to earn safe revenue returns, commensurate to or higher than the available channels. In the case of real estate investment, there is obvious advantage of physical possession of a tangible asset, which gains capital appreciation, fixed monthly returns besides higher liquidity with minimal depreciation against market value. “Particularly in case of commercial retail space, investment is higher but the rental gains are the highest compared to other investment channels. It is however to be noted that returns vary between all the segments, commensurate to the entry timings and the risks factored in”. Adds Shubrahnshu Pani of Tramell Crow Meghraj “Comparing investment in retail real estate with residential and office real estate, I would say that appreciation is higher while rentals yield and risk factor are lowest in residential property. Commercial real estate is less volatile in comparison. In retail real estate, the returns are moderate in terms of appreciation while the rental yield is highest, subject to the demand-supply scenario. Finally it depends on investor’s ability to weather risk, investment power and temperament for his decision to invest”. Sanjay Sachdeva says that in terms of comparative returns and security, investing in retail property is a lucrative proposition. In fixed deposits and mutual funds, the money value goes down due to inflation. Moreover the lock in period is higher. On the other hand in retail real estate lock in period is low and value and returns constantly go up.                                                                                             Subhash Lakhotia, Tax and Investment Consultant, also endorses Sachdeva’s viewpoint “While stock market is very volatile, there is more liquidity with investors in retail real estate. Along with high rental returns there is hidden capital appreciation. I would advise all investors to allocate 20percent of their investible funds for retail real estate”. In fact Lakhotia’s Investor Club is investing 100percent in retail real estate market. “On one hand our investment is secure as we are investing in legally authorized space in malls. On the other hand we are getting a ROI of 10-14 percent,” he says.                                                                                                                                                                               Courtesy realty plus

In the wake of the ongoing mall boom investment in commercial retail property has turned out be a secure investment, paying rich dividends in terms of capital appreciation and promising big rental gains.  The current retail landscape in the country looks really promising with number of malls set to touch 500 mark by 2010, adding an estimated 50msf of organized retail space over the next five years. The retail demand, according to Shubrahnshu Pani, President, Retail Services, Tramell Crow Meghraj, will see quantum jump with the entry of Wal Mart and big Indian players like Reliance, Tata, Birlas and Future Group. The way these Big Boys of retail are scaling up their operations with multiple formats, one would see a big boom in retail stores, throwing up endless opportunities for investment in retail property. Sanjay Sachdeva, Senior VP and Head Retail of APIL says that the large-scale expansion by big retailers and speedy has been possible thorough the franchising route. This has thrown up more investment opportunities in retail real estate. “Earlier investors used to fight shy of investing in shops on high street as in many cases the legal status of these retail properties was doubtful. And as such they were investing in office property for rental gains. But now with the emergence of legally free hold space in malls, more and more investors are going in for investing in retail property.                                                                                  

                                                                   Courtesy realty plus