The Real Estate sector, which was hit by the slowdown in 2009, could well be at the revival stage. Industry experts feel that signs of revival in property volumes are now visible. Even with lower volumes, sales seem to be flowing at a steady pace in the Delhi Ncr Region, despite price increases. Prices increased by 5-10 per cent across key projects since August, 2009. Prices in some key areas in South Delhi have moved to new highs.
As the recovery in the residential properties saw strong volume and price momentum, the same for the commercial and retail vertical is daunting,while leasing is yet to pick up strongly, the commercial and retail verticals are set to revive over next 6-9 months.
Major office markets in India will revive by mid 2010 with increased interest from tenants and a downward correction in rentals taking place, according to latest research. The real estate markets of India breathed a sigh of relief with visible signs of recovery towards the third quarter of 2009. The research reviews the last twelve months performance of commercial real estate markets in Delhi NCR, Mumbai, Bengaluru, Kolkata, Pune and Chennai against its estimates of 12 months ago and predicts that the markets is on the the recovery path . According to research the pace and scale of market recovery will be led by the Tier 1 cities such as Delhi NCR, Mumbai and Bengaluru. Tier 2 cities such as Kolkata and Chennai will see a gradual recovery in the later part of 2010 while the Pune market is unlikely to see any major changes. After correcting between 25 to 40 per cent across almost all markets over the last year, rentals are now getting support at the development cost level in some markets. No further significant price correction is expected for the next six months. Experts says IT-ITES will continue to drive the absorption volume. The Telecom sector is expected to be another significant demand driver over the next 12 months whereas the banking, financial services, insurance and manufacturing sectors will drive local market dynamics for some cities. It is only after peak vacancy is attained that a price revival can be expected. Total market revival is likely to be achieved by mid 2010.
Retail and real estate are the two main sectors of Indian economy in the present times, and if experts are to be believed, the prospects of both the sectors are mutually dependent on each other. Retail, one of India’s largest sector, has presently emerged as one of the most dynamic and fast paced sector of our times with several players entering the market. As the contemporary retail sector in India is reflected in sprawling shopping centers, multiplex- malls and huge complexes offer shopping, entertainment and food all under one roof, the concept of shopping has altered in terms of format and consumer buying behavior, ushering in a revolution in shopping in India. This has also contributed to large scale investments in the real estate sector with major national and global players investing in developing the infrastructure and construction of the retailing business. One of the factor in the prospects of the retail sector in India is the increase in the young working population. In India, hefty pay-packets, nuclear families in urban areas, along with increasing working-women population and emerging opportunities in the services sector. These key factors have been the growth drivers of the organized retail sector in India which now boast of retailing almost all the preferences of life - Apparel & Accessories, Appliances, Electronics, Cosmetics and Toiletries, Home & Office Products, Travel and Leisure and many more. With this the retail sector in India is witnessing a rejuvenation as traditional markets make way for new formats such as departmental stores, hypermarkets, supermarkets and specialty stores.
India is being seen as a potential goldmine for retail investors from over the world and latest research has rated India as the top destination for retailers for an attractive emerging retail market. India’s vast middle class and its almost untapped retail industry are key attractions for global retail giants wanting to enter newer markets. With over 1,000 Hyper Markets and 3,000 Super Markets projected to come up by 2011 in India presents international retailing specialists with a great opportunity.
A studio/service apartment is a type of furnished, self-contained apartment designed for short-term stays, which provides amenities for daily use.This is a new concept in India but the western countries have already welcomed it. Five Star Hotels brought this style to clients who would stay for a long period. They realized in the beginning clients loved the luxurious service but after a month they longed for their home. Thus a serviced apartment would offer most of the aspects of your home. Making you feel at ease, as though you were at home. Many peoples who travels a lot find it difficult to adjust to the new culture and setting.
The service apartment is made to look and feel exactly like a home. Every room is furnished with a television & music set, microwave and other electronic goods. You can cook, eat and live the style you want, making it just the way it would be at home.The tariff charge depends on how long is the stay. It is less expensive if the person has a longer stay. A service apartment generally provides you with an AC furnished flat, equipped kitchen, TV, fridge, washing machine, landline, internet, power back-up, fire safety & security and some even provide you with a locker.
In the last few months some Real Estate Companies comes up with few Studio Apartment projects in Delhi Ncr. AMR I Homes Kessel I Valley, Vardhman`s Metropolis Studio Apartments & Globus Residency are located in Greater Noida. Builders are offering 12% assured return to investors on down payment options. Basic prices of these fully furnished studio apartments are from 12 lakhs to 23 lakhs.For more information about these projects log in www.krishnapropinfo.com or mail@krishnapropinfo.com.
Globus Galleria adorns the heart of the Globus Residency, the residential space inside Globus Business Park. The Place caters to all kinds of shopping requirements for the residents of Globus Residency and all the merchant establishments inside Globus Business Park.With its strategic location, Globus Galleria is planned in a shopper-friendly way to make shopping a fun and enjoyable affair for shoppers. To made more accessible and retain customer interest, it will have only ground floor and first floor. Globus Galleria will have a shop for every need. It will have among other things shops for food items, household materials, apparels restaurants, kid’s corners, departmental stores and utility centers.The place is easily accessible from all directions. With its smartly managed ample parking spaces, coming to the Globus Galleria will always be a pleasant experience. With something for everyone, this place will serve as a great place to hang out for your family.
Features:
There will be three kinds of Shopping Unit based on dimension.
The shop areas will range form an area of 400 square feet to 700 square feet.
Global Galleria is a local Shopping Complex which is located in Greater Noida. Globus Galleria is spread over an area of 10 acres & is situated at , Techzone, Taj Expressway, Greater Noida. It is one of the most developing area in Greater Noida which is already having several SEZ’s, Corporate, Colleges & IT Companies.
Assured return guaranteed upto Sep 2013
Highly beneficial for end users demanding low rentals and low maintenance cost
Having unique concept of “Open to Sky” Would be having very low maintenance cost
First Amphi Theatre , Ice Skating zone & mini amusement park in Globus Galleria, Greater Noida
Price starts from Rs. 1945800
It is located at Techzone, Taj Expressway Greatrer Noida
Space vary from 400 sqft to 750 sqft
Possession by Sep 2011
Surrounded by SEZ’s of WIPRO, INFOSYS, NIIT, ANSALS, UNITECH.
On 8 lane Taj Expressway towards Agra
Opposite 650 acres of Gautum Budh University & Night Safari
Lowest price in Greater Noida
Only LSC in 650 acres Tech Zone (having 100 acres of residential area)
Commercial real estate market which had seen a slump for most of last year because of economic slowdown, is showing signs of a revival, although growth is nowhere near as compare to 2007 yet. Some big corporates have entered lease deals for top-level office space of late, but at lower rates. Last month, one big Mnc took 1.7 lakh square feet (sq ft) on lease at Gurgaon and Noida. Many other international firms are in talks for similar deals. DLF, the largest developer according to market capitalisation, leased 2.1 lakh sq ft last month across the country. Industry experts says Leases are happening but the market has not fully recovered but they expects demand to pick up from the third quarter of the fiscal. At present, there is a lot more supply than demand and thus pressure on value remains. But if there is a pick-up in demand owing to lower rentals, there could be a shortage of top-grade commercial space as most of the developers have altered their commercial development plans into residential in slowdown time.
Unless you were hiding inside caves or living in the so-called dream-world, you must have heard about the slowdown in real estate markets worldwide but buying real estate is an investment and buying during the dips - while prices are falling - can lead to gains over time. The buying decision is not fully dependent on whether the real estate market is up or down , investing in real estate is quite unlike buying stocks. The racks at book shops, TV Shows, Corporate Handouts, and Internet Web Portals or Blogs may be overflowing with books and ideas insisting that many are making their fortunes in real estate, but the truth is, compared with stocks, real estate is a complex, multi-dimensional investment. So, if you have to buy a new home to live-in and can afford it, just buy - whether the market is up or down. Property ownership is the best overall investment, and when you look at the complete picture, it is true - there are many tax and financial advantages to owning a home, and most properties do tend to appreciate over the longer term.
But the idea of real estate investment returns should consider major property buying drivers like cost, location, condition, rental value and choice. The bottom-line is, investment property is a piece of real estate that generates income - more income than it costs to own and maintain. Whether it is a IT Park , Mall or office space, the biggest consideration is income from it must exceed the cost. The cost includes everything: loan payments, taxes, upkeep, utilities, etc.
Greater Noida is a planned township situated in proximity to the India’s Capital city, Delhi and the area falls within the NCR region and is adjacent to Noida. If Noida boasts of a vigorous growth as far as real estate is concerned, Greater Noida indeed tops the chart in real estate development. Much development has taken place here during past years, making Greater Noida an attractive destination for prospective investors. Greater Noida has shed its old area tag and is on the verge of emerging as a fast developing infrastructure support system.
What adds on to real estate value of Greater Noida is its proximity to Noida and also its pollution-free environment. Greater Noida authorities do not permit polluting industries to set their establishments here. A lot of quality constructions are expected to be coming up in the residential market of Greater Noida. Top real estate developers like Unitech, Eldeco, Ansals, Omaxe, Parsavnath, Assotech, Bhasin Group, Vardhaman, Amr, Arn have established their presence in Greater Noida. Adding to the living standard are improved infrastructural facilities like wide roads, proper underground cabling and excellent drainage system. A number of shopping avenues featuring world class brands and outstanding services also make Greater Noida an attractive destination for investors.
Greater Noida is also establishing itself as an attractive value proposition for commercial properties. One of the most significant sector gaining high market value in the commercial phase of into view, is the IT and ITES sector. It is believed to be the key driver for the office market which accounted for a major portion of the over all office absorption. Adding more to its investment features are better connectivity like plans to build an international airport and connecting by Metro Railway plus Formula 1 Track & Night Safari projects make Graeter Noida one of the best Investment option in Delhi Ncr Region. Undoubtedly, Greater Noida is riding on growth wave and promises to set new benchmarks.
Krishna Prop Info Pvt Ltd is one of the leading Real Estate Consultancy firm in East Delhi, providing total property management services solutions. We specialize in Buying, Selling & Leasing of Residential, Commercial, Industrial & Retail properties in East Delhi, Noida, Greater Noida, Indirapuram, Crossing Republic, NH - 24 & NH - 58.
We help our clients in finding perfect property deals according to their need and wish. We approach our work with a deep sense of purpose and responsibility and assure that safeguarding the interest of our clients is our major focus. This in turn leads to high standards of service, quality and satisfaction that has helped us build a vast network of clientele.
Starting in 1995 there is no looking back for us. Our goal towards providing complete transparency in every aspect of the services has enabled us to achieve 100% customers satisfaction and today our existing customers can vouch for our commitment to higher service quality and speedy processing. It is our ultimate aim to be known as the most trustworthy real estate consultants and we understand that helping you as best as nobody else can will help us achieve that. We provide you a comprehensive range of good quality real estate projects by all the reputed builders be it residential, commercial or retail.
Services We Offer:
Sales / Purchase / Leasing
Project Marketing
Portfolio Management
Pre-launch Bulk Purchase
Investment in Rented Properties
Our Scope Of Work (Unrestricted):
Writing and presenting proposals
Site visits
Making of LOI and MOU for the property selected
Liaisons and execution of lease or sale agreements
The main person behind Krishna Prop Info Pvt. Ltd. is Shri V. K Joshi, who is full time involved in this profession. He is a God fearing person and a great believer of Lord Krishna. He has a list of many satisfied customers be it sellers or buyers.