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Tuesday 23 august 2011 2 23 /08 /Aug /2011 16:38

Taneja Developers & Infrastructure Ltd.(TDI) has launched a thematic TDI Tuscan Plots. TDI Tuscan Plots is located at Sonepath Kundli. TDI Tuscan Plots, at a distance of just 2.5 kms from the national capital. TDI Tuscan Plots offers 250, 350, 500, 750, 1000 Sq.Yrd plots.  TDI Tuscan Plots is inspired from the sceneric grand Italian Tuscan theme which is known for its green lush landscapes and artistic infrastructure. With this unique concept, the arena connects style to life, and is the first-of-its-kind venture in the themed habitats sphere of India.

TDI Tuscan Plots Features :
• Direct Connectivity from NH 1
• Architecture Inspired by Tuscany in Italy
• 2.5 Kms from Delhi
• Proposed Connectivity Via Delhi Metro
• Adjacent to the 5000 acres Rajiv Gandhi Educational City
• Landscaped Garden and Water bodies
• Children’s play area’s
• Power back-up
• Educational facilities nearby
• Exclusive recreational club

Click the link below to read more................

http://7bigha.com/blog/tdi-tuscan-plotstdi-plots-sonepath-kundli-haryana/

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By 7bighagroup - Posted in: Haryana, Gurgaon Real Estate News
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Tuesday 23 august 2011 2 23 /08 /Aug /2011 16:36

Introducing Prestige Tranquility, The most prestigious project soon presenting by Prestige group in the pleasant area of Bangalore. Prestige Tranquility is located at off old madras road in Bangalore. Prestige Tranquility is filled with 38 acres of fresh, green spaces. It is a haven that promises to offer you the best incosmopolitan lifestyles. Prestige Tranquility is a 18 high rise building comprising of 1 BHK, 2 BHK & 3 BHKStylish Apartments. Take a look and you’ll know why we can offer you the best in residential spaces, hospitality, leisure spaces and larger than life experiences.

Prestige Tranquility is just located at Budigere off old madras road, Bangalore.

Click the link below to read more........

http://7bigha.com/blog/prestige-tranquility-old-madras-road-bangalore/

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By 7bighagroup - Posted in: Bangalore Real Estate News
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Tuesday 23 august 2011 2 23 /08 /Aug /2011 16:34

Siddhartha Group Presents an Innovative & Green Residential Project Designed to produce a home befitting your dreams & your aspirations. Sidharth Group brings a new residential project Sidhartha NCR Estella Sector 103 Gurgaon. Sidhartha Estella project is located in the residential sector 103 in Gurgaon with other renown developers in the neighborhood and adjacent to Northern Peripheral Expressway (NPE) 150m wide road joining Delhi (Dwarka / Airport) to NH-8. The Apartment is positioned on the brink of the and located at Dwarka Expressway, close to KMP and 10 minutes from IGI Airport surrounded by very high profile residential, business hub, High Rise Condominiums and Corporate Towers.

This Projects offers 2BHK, 3BHK, 3BHK+Servants Room Apartments ranging in the size from 1245 sq ft – 1910 sq ft.

Salient Features: Siddhartha Estella Gurgaon offers world class infrastructure and facilities like Tennis / Badminton / Basket Ball / Squash Court to be provided.
Club House with State-Of-Art gymnasium, Steam & Sauna.
Ample Landscaping with green area in the site.
Children’s Play area with the swings and sand pits and sit-outs for senior citizens.
Walking / Jogging Parks Reception & waiting Lounges in every tower.
Optical Fiber Network.
Smart Card access for Residents.
Lagoon & Waterfall view with the deck.
Aromatic Gardens & Graveled Paths.
Stylish Cornices.
Piped Gas Connection with meters.
Ergonomically designed for maximum comfort. Meditation cabana.
Green Areas with Tree Lined Streets.
Swimming Pool with children splash pool.

About Sidhartha Group
Sidhartha Group, was founded in 1995, and has set various kinds of new trends and benchmarks of architectural excellence in the modern global scenario. The Group has successfully completed 15 years of business in Real estate industry. Sidhartha Group is trying to reach new heights and touch the horizon of excellence. Siddhartha Group is amongst the fastest growing Real Estate Group. The Group has built a strong relationship with the Corporate MNCs over a period in service to the real estate segment and has gained edge over other competitors by following consistent Sales and Services Project policy.

For information Call: +91 9811667761
Contact Name: Rahul Sogani(About Discounted Flats)

http://7bigha.com/blog/sidhartha-ncr-estella-sector-103-gurgaon/

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By 7bighagroup - Posted in: Haryana, Gurgaon Real Estate News
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Tuesday 23 august 2011 2 23 /08 /Aug /2011 16:31

Ireo Fiveriver a new residential project from Ireo at Panchkula, Haryana offering best standard of living and pollution free environment.

Ireo developer; one of the fastest rising real estate developers in India. Ireo developer is also known for providing next level of living by its residential project. Ireo is the answerable for the some of the best residential project in India, now Ireo coming with their exclusive residential project Ireo Fiveriver located at Panchkula Sector -3, 4 and 4A, Haryana.

Ireo Fiveriver new residential project is 200 acres of planned township offering residential plots in different sizes (250, 370, 500, and 100 sq. yds) and Villas at very reasonable price points. Ireo Fiveriver residential project on Panchkula, Haryana is just 15 minutes driving distance from Chandigarh, convenient access via fast exit routes to National Highway – 22, famous hill stations Shimla and Kufri is just 3 – 4 hours driving distance away from here. Panchkula Fiveriver plots Haryana bounded by best schools, hospitals and commercial developments and situated in the most scenic part of Panchkula with eye-catching views of the Shivaliks hills which gives you the feel of live in nature and pollution free environment.

Truly, with the superlative outcome and reputation of Ireo amidst the home seekers and investors, Ireo Panchkula New Plots in Haryana has come out as the most awaited residential property objective to achieve the fine returns and to enjoy the best standard of living in the integrated township of future. Among the other residential projects in Haryana, Ireo Panchkula Fiveriver Plots Haryana from Ireo materializes the mainly underlined new residential project assuring for a good profitable intention, without any doubt.

Fulfillment to stand you with the very up to date amenities and world class specification, Ireo Panchkula Fiveriver plots and villas bringing new age facilities has been gone through to juxtapose the people with specific development and the prosperous neighborhood. Hereby, Ireo Panchkula Fiveriver Plots is the exclusive advantageous chance coming at the doorsteps for those people who looking for the international living services like vehicle free pedestrian walkways, themed garden, club house, swimming pool, power back up, ample parking space, fresh water supply, round the clock security system, gym, children play area and landscape garden. Ireo Fiveriver has a matchless combination of entertaining and wellness facilities for every group of people like multiple wellness and fitness themed parks, special picnic zones and a central retail and shopping center. To know more about Ireo Fiveriver Panchkula Haryana please dial HCO : +91 9811 999 666.

About Ireo : Ireo is the first and the largest Private Equity Fund dedicated to the Indian real estate sector. The company has a pan India footprint of projects in prime locations across NCR including Gurgaon, Haryana, Punjab, Tamil Nadu and Maharashtra under various stages of development and implementation.

Call HCO : +91 9811 999 666, +91 11 4950 0000

http://7bigha.com/blog/ireo-panchkula-fiveriver-plots-haryana/

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By 7bighagroup - Posted in: Haryana, Gurgaon Real Estate News
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Friday 19 august 2011 5 19 /08 /Aug /2011 18:08

In 2010, Rajesh Gupta booked a two-bedroom apartment in Patel's Neo Town in Noida Extension. After the Allahabad High Court cancelled land acquisition in Patwari village in which the project stands, Gupta is feeling helpless and doesn't know what to do.

Unlike in the Sahberi case, where the Supreme Court directed the Greater Noida authority and builders to refund money to affected buyers, there's no word from the high court on the Patwari judgment. Gupta realises that builders may not be able to refund money.

“If it was about one project, the builder could shift people to other projects or refund the money but what does he do when the entire Noida Extension is coming under cloud. He has invested the buyers' money into construction and is paying the suppliers. There's no way he can refund money to so many people,” said a broker in the area.

 

Gupta has no option but to wait and watch and hope that the Greater Noida authority renegotiates with farmers, or file a review petition in the courts, and find a solution. Ujwal Ray, who has booked a two-bed room apartment in Amrapali's Golf Homes in Noida Extension for Rs 20 lakh, faces a similar predicament.

Ray has invested all his savings and taken a bank loan to pay 30-40 per cent of the cost of the flat. Though his project has not been affected yet, he feels it's a matter of time before a court verdict annuls the land acquisition in another village where his project stands. Ray has been in touch with other customers - many like him have formed groups on social networking sites like Facebook (Noida & Noida Extension Owners & Members) in trying to stay connected and exchange notes on what they should do.

“My bank has stopped disbursement but refuses to communicate it to the builder. The builder, meanwhile, has sent a fresh demand letter seeking the next instalment,” said Ray, a 30-year-old professional who works in Mumbai and is a first-time home buyer.

“The company has been asking affected buyers to take the option of an alternative flat than take refunds. Those seeking refund are being sent back to get more documents. It's anyway difficult to be put through to Amrapali executives on the phone,” he said.

Ruchi Mitra has paid 34 per cent of the cost for her three-bedroom apartment at Ajnara's Homes 121 project that will cost her Rs 38 lakh. Despite paying nearly a third of the flat's cost, she wanted to cancel her booking until her father asked her to wait and watch.

According to the agreement, if buyers want to cancel their booking, they stand to lose 10-15 per cent of the money paid to builders. “If I cancel the allotment I will lose money and time. Moreover, I will not be able to get the cheap apartment. My priority is to pressurise the builder to provide the flat at the old rate,” said Dhiraj Sharma, one of the investors.

(In 2010, Rajesh Gupta booked a two-bedroom apartment in Patel's Neo Town in Noida Extension. After the Allahabad High Court cancelled land acquisition in Patwari village in which the project stands, Gupta is feeling helpless and doesn't know what to do.

Unlike in the Sahberi case, where the Supreme Court directed the Greater Noida authority and builders to refund money to affected buyers, there's no word from the high court on the Patwari judgment. Gupta realises that builders may not be able to refund money.

“If it was about one project, the builder could shift people to other projects or refund the money but what does he do when the entire Noida Extension is coming under cloud. He has invested the buyers' money into construction and is paying the suppliers. There's no way he can refund money to so many people,” said a broker in the area.

Gupta has no option but to wait and watch and hope that the Greater Noida authority renegotiates with farmers, or file a review petition in the courts, and find a solution. Ujwal Ray, who has booked a two-bed room apartment in Amrapali's Golf Homes in Noida Extension for Rs 20 lakh, faces a similar predicament.

Ray has invested all his savings and taken a bank loan to pay 30-40 per cent of the cost of the flat. Though his project has not been affected yet, he feels it's a matter of time before a court verdict annuls the land acquisition in another village where his project stands. Ray has been in touch with other customers - many like him have formed groups on social networking sites like Facebook (Noida & Noida Extension Owners & Members) in trying to stay connected and exchange notes on what they should do.

“My bank has stopped disbursement but refuses to communicate it to the builder. The builder, meanwhile, has sent a fresh demand letter seeking the next instalment,” said Ray, a 30-year-old professional who works in Mumbai and is a first-time home buyer.

“The company has been asking affected buyers to take the option of an alternative flat than take refunds. Those seeking refund are being sent back to get more documents. It's anyway difficult to be put through to Amrapali executives on the phone,” he said.

Ruchi Mitra has paid 34 per cent of the cost for her three-bedroom apartment at Ajnara's Homes 121 project that will cost her Rs 38 lakh. Despite paying nearly a third of the flat's cost, she wanted to cancel her booking until her father asked her to wait and watch.

According to the agreement, if buyers want to cancel their booking, they stand to lose 10-15 per cent of the money paid to builders. “If I cancel the allotment I will lose money and time. Moreover, I will not be able to get the cheap apartment. My priority is to pressurise the builder to provide the flat at the old rate,” said Dhiraj Sharma, one of the investors.

(Names of flat buyers have been changed at their request to protect their identities)

http://www.business-standard.com/india/news/greater-noida-buyers-have-to-waitwatch/443678/

By 7bighagroup - Posted in: Greater Noida, Noida Extension Real Estate News
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Friday 19 august 2011 5 19 /08 /Aug /2011 17:57

Dwarka has over 300 group housing societies. It is a place of choice for many people who work in Gurgaon but choose to stay in Delhi.

The average capital value of a standard three-bedroom apartment is Rs 1-1.8 crore while its average rental is Rs 17,000-22,000. Giving a lowdown on the current sale price of flats here, Saini, a broker, says that Vidyasagar apartment on the main road in Sector 6 comes for Rs 1.25 crore. It has an area of 1,350 sq ft, two bathrooms, three balconies plus one study. Surya apartment is a wellmaintained society with a 3BHK going for Rs 1.26 crore. Anant in Sector 4 is a 3BHK plus study and comes for Rs 1.30 crore; flats in United apartment are available at a similar price point. The only fully airconditioned apartments are in Sunny Valley, in Sector 11, where a 1,700 sq ft apartment costs up to Rs 1.8 crore.

The latest set of residential units is coming with better flooring and fitouts and is also bigger in size. These four-bedroom apartments are valued at Rs 1.5-2.5 crore. Sandeep Sharma, a broker, says that a 4BHK at Gold Croft society of 2,000 sq ft is available for Rs 2.4 crore. On the upside, the apartments in Dwarka are safe, gated, coming with the latest in construction technology. All said and done, Dwarka is in Delhi and the development authority, the corporation, the roads are way better than those in the adjoining suburbs. Dwarka has good physical and social infrastructure. The rents are competitive here compared to elsewhere in Delhi and Gurgaon.

On the downside, in house purchase, the cash component is pretty high at the rate of 40-50% of the total transaction. The maintenance of the societies fades with time and the societies look a tad older each year. Also, these apartments are minus the lifestyle amenities offered by Gurgaon apartments of private builders, which come with swimming pools, gymnasiums, and party places within the complex. The two-bedroom category is virtually non-existent here.

From an investor’s point of view, the rental return is still a small percentage of the overall capital value, approximately 2%. Typically, a three bedroom flat fetches rental of Rs 18-25,000 per month while a two-bedroom flat can command Rs 11-15,000 a month. As of now, financiers are picking up any property, which is up for sale in Dwarka. The modus operandi is like this. They pay a large upfront amount to the seller and get a discount on the value of the property. This they then offload in the market at a prevalent market price and make good their investment. So, in such a scenario, both the seller and the financier are OK. The seller gets upfront money and does not have to scout for buyers and the financier makes money in the difference between the discounted price and the market value.

Shortly, a first of its kind project is being launched in Dwarka. It is by a developer. Dwarka only has CGHS and none of any builder projects, which Gurgaon can boast. Apparently, Uppal had bought this plot from the Delhi Metro Rail Corporation (DMRC) and the project is next to the existing Dwarka Mor Metro station. The Uppals ‘Winter Hills’ project has 2-, 3-and 4BHK Elite Condominiums (apartments) and the units come with all modern facilities like a club, well-maintained green areas, 100% power backup, etc. The project is coming up on approximately 5.40 acres; each tower will have ground + 12 storeys, with 50 apartments to a tower and four units per floor. Construction has already started on the site and the possession is to be given in December 2013. The pre-launch price is Rs 7,000 Rs per sq ft and the apartments cost anything between Rs 90 lakh and Rs 1.7 crore.

http://content.magicbricks.com/dwarka-flats-appreciating-in-value

By 7bighagroup - Posted in: Delhi NCR Real Estate News
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Friday 19 august 2011 5 19 /08 /Aug /2011 17:56

That is because of the worldclass infrastructure and amenities, transportation facilities with other neighboring states and the Metro rail connectivity to Delhi in particular, and also because of its proximity to the IGI airport. The booming market has also has made this region beyond the reach of the middle class or those who are still looking for some affordable home options.

Navin M Raheja, the managing director of Raheja Group, says: “The sectors along the Northern Peripheral Road have great potential in terms of investment; proximity to the airport and Delhi, which will accord added incentive, will make the place all the more alluring. This area will likely become upmarket due to a proposed diplomatic enclave in Dwarka Phase II, bordering Gurgaon, which would become a hub for all the major embassies. Thus, investing in this region makes a lot of sense.”

Once a small farming village located south of Delhi, Gurgaon has gained a pole position in the development of Haryana in the last two decades. Nor that it was always recognized as a developed city; the planned development and favourable tax polices followed by the state government created a success story. The diligent efforts of the Haryana Urban Development Authority (HUDA) have put Gurgaon high on infrastructure. This has been a magnet for developers eyeing Gurgaon for their projects.

Harmit Chawla, the managing director of H Corp Realty Pvt Ltd, says: “Some of the areas that are witnessing a tremendous response are Sectors 80, 81, 82, 85, 86, 90, 92, 93 and 95. A very good aspect of this area is the proposal by the authorities to let developers do the sector roads.

“Another factor is the proximity of these areas from Dwarka-Gurgaon link expressway or the Northern Peripheral Road, which will help the residents here bypass the traffic at Gurgaon toll near Delhi during peak hours. We have Legend Heights, a commercial project with 3 lakh sq ft of prime commercial space in twin towers. The project is strategically located in Sector 80 on the intersection of the proposed 270-metre-wide and 12-lane expressway, NH-8, and the proposed 84-metrewide sector road. A mixed use development will include Grade A office space, an upscale 140-room Hyatt hotel and world-class retail facilities. This LEED gold-rated project is designed by The Design Group of USA. To accord investment opportunity for entrepreneurs, office space, starting at Rs 40 lakh is being offered at a 70% discount to completed projects and is estimated to provide a 20% annual capital appreciation over the medium term. The project is currently under development and will be delivered by January 2013.”

Navin Raheja says: “We have many projects coming along the Dwarka expressway, that is, the Northern Peripheral Road. The projects are Raheja Vedaanta and Raheja Vedas located in Sector 108; Raheja Atharva and Raheja Shilas in Sector 109, and Raheja Navodaya and Raheja Sampada in Sector 92, in Gurgaon. There are many more projects lined up along this highway. The rates of all these projects are between Rs 2,675 per sq ft to Rs 4,175 per sq ft. They are all a mix of two-, three-, four- and five-bedroom apartments, presidential suites, penthouses and independent floors. Their floor sizes are between 1,100 sq ft and 5,500 sq ft in all these projects. A few of the projects like Atharva and Vedas come fully loaded with modular kitchens and airconditioners. Right now, we are constructing six projects.”

Vivek Seth, the managing director of V Square Development Company, says: “Gurgaon has been lucky because it is strategically located. The city boast of good connectivity to all major metropolises as it is close to the Indira Gandhi International airport. This has given a fillip to development, as the most prominent outsourcing and offshoring hubs in the country. In fact, leading auto companies like Maruti Suzuki and Hero Honda set up their manufacturing bases in the city only because of the high potential and ample land space to accommodate their huge manufacturing plants.”

Vijay Gupta, the managing director of Orris Infrastructure, says: “Most of the city is adorned with modern structures, which are like a magnet to the aspirations of the nouveau riche. The city is a home to leading corporate houses in the country. Proximity to the national capital is an added attribute. The proposed unified power authority for the NCR will support the telecom boom in the area with all cellphone and landline service providers treating the entire NCR as a single telecom circle.”

“Serving the needs of modern, busy and challenging lifestyles, Gurgaon has become a preferred city for thousands of professionals choosing the apartments and housing options. Realizing the potential demand from NRIs and well-heeled customers who consider it worth splurging on luxury and high-end facilities, Gurgaon has caught the fancy of most of the developers.

The multi-directional developments in terms of infrastructure and commercial activities have promoted the residential segment that range from affordable to high-end lowrise and highrise houses, tall condominiums and huge penthouses and villas. The BPO and IT revolution in the area has supported high purchasing power,” Gupta says.

Suman Yadav, a resident of Sector 15, Gurgaon, says: “The city is definitely high on rentals as compared to Delhi, but given the amenities and facilities, people still prefer to own a house in Gurgaon. The rentals may start with a ticket price of Rs 10 lakh. The development of offices and residential areas has paved way for the development of commercial sector in the city.”

http://content.magicbricks.com/gurgaon-realty-prices-move-north

By 7bighagroup - Posted in: Haryana, Gurgaon Real Estate News
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