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Thursday, July 22, 2010

Resident Retention At Your Apartment Communities: Reasons To Stay

Classifying Your Assets
So how can you tell which aspects of your business are hygiene factors and which are motivation factors? First, you should ask yourself this question: if you do not provide a certain service, are your residents going to get upset? If the result of your service, or lack thereof, is an angry tirade, it is generally a hygiene factor. For example, waiting two weeks to fix a broken window will probably result in a screaming resident causing chaos in the leasing office, and constitutes a hygiene factor. The second way to determine if your “amenities” are actually hygiene factors is to look at your competitors. If every one of your competitors has the same amenity, then it is no longer unique and therefore, not a motivating factor to stay at your community. In fact, some amenities will switch sides over time. For example, online rent payment is still relatively new in the industry and many residents will see this as a value-added benefit to living at your community. But two years down the road, it is likely that most communities will have some sort of online rent payment. At that point, it will have slipped from a motivating factor on the renewal process to an expectation, or hygiene factor.

Remember that classifying your assets and amenities should be based upon your local competition. For example, a feature in a Class A property may be an expectation in one region while being a motivating factor in another region. Additionally, a feature may be a hygiene factor in a Class A property while being a motivation factor in a Class C property. Here are some examples of some common hygiene factors and motivating factors for a sample Class A property. Remember these factors are unique to this specific community based upon its local competition. Another Class A property might classify these factors completely different based upon its own set of circumstances. (Note: I included “Locks on doors” to illustrate that almost every asset in your community could be classified in this manner)

Illustration 2

Two factors probably jumped off the page at you. First, I am sure some of you might have looked at the motivating factor, “Resident Friendships,” with a curious eye. Did you realize that your residents should be considered assets as well? If your resident “Jennifer” has made three good friends at your community, those friendships are unique to your property and reasons for Jennifer to continue living at your community. In our industry, we continually refer to creating a “sense of community” because we instinctually know that residents who form emotional bonds with their community are more likely to stay. Therefore, forming those types of relationships can be very strong motivational factors.

Second, maintenance is generally not a motivation factor for a Class A property. Maintenance is crucial to retaining your residents; however, since it is an expectation rather than a perk, it should fall into the hygiene factor category. In other words, if your residents are paying Class A level rent, they are expecting Class A level service. However, in special cases a specific service can move from hygiene factor to motivation factor if it is truly going “above and beyond.” For example, your maintenance tech enters an apartment for a leaky faucet but also notices that a light was out and they need a new air filter. Without request, the maintenance tech takes care of these issues, as well. Service such as this can be considered a motivating factor if it outpaces the service provided by your competitors.

Using Your New Information
So now you have categorized all your assets and services into hygiene factors and motivation factors, how should you use this information? Categorizing your property’s assets in this way helps you determine where your property’s true value is, and will help you to market it to prospects as well as motivating your current resident to renew. Retaining a resident is a function of satisfying their needs (hygiene factors), giving them reasons to stay (motivation factors), and reminding them that you do both. Maybe you previously considered your maintenance as a motivating factor and now realize that your motivating factors column is looking a bit bare. In this case, you need to increase the number of motivating factors for living at your community. The more cash-strapped your community is, the more creative you have to get. One of the most cost-efficient motivation factors can be establishing a sense of community through inexpensive events and using a resident portal that includes a social interaction component.

Categorizing your assets and services will also allow you to promote your community more effectively to both prospects and residents. Back to the restaurant example, imagine the reaction if they advertised, “All our food is served warm!” They clearly do not understand that this is an expectation, not a perk; therefore, you will probably be wondering how good their food is if “warm food” is the best thing they can advertise. In other words, their advertising has turned into a negative because they did not fully understand their own business and its place in the competitive environment. It is ok to include hygiene factors into your promotional materials, but it is imperative that you understand that they do not constitute some revolutionary feature. Instead, it is best to focus on your motivation factors, which are essentially your competitive advantages relative to your peers.

Ultimately, using these tools will ensure that you have created both reasons for your residents to stay as well as fulfilling their expectations so you don’t inadvertently push them out the door. Once you have implemented these programs, you will be able to more effectively promote your community to both prospects and your existing residents, inspiring more leases and a strong improvement in renewals.

Thursday, June 17, 2010

Duplex Apartments in Delhi NCR

A Duplex apartment is a dwelling containing of two units or two different floors by sharing a common central wall. Actually Duplex apartment will occupy less ground compared to a regular sized house and mostly these duplex apartments will allow two units to share a common perpendicular wall. Commonly the accurate meaning for duplex apartment is that the entrance for both units will be on the ground floor only. Inside the house the bottom floor will contain the rooms like living room, kitchen, bath room and dining room. The second floor will generally reserve for bedrooms and bathrooms.

Purchasing a duplex apartment will treat as a single building even it will have two separate units. These duplex apartments are not used for the owners as one to use for their own and another for rental purpose to get rent as income. There are both advantages and disadvantages of these duplex apartments.

The Advantages are huge living area will available. This is well suitable for joint family or the family with more members. Privacy and security can be in superior. Store capacity will be high. The Disadvantages are too much of expensive, higher and usually more service bills and advance amount will higher.

Duplex apartments will available with all the ultra modern facilities and with innovative scientific security services. There are many duplex apartments are available in Delhi and NCR for sale and rental. If you want to buy duplex apartment in Delhi you have to spend a lot of money to purchase it. Because Delhi is the most preferred location for NRI’s and for executives and they are ready to spend as much as on those properties.

Mostly these duplex apartments in Delhi NCR will available at prime locations. It is better to buy duplex apartment in NOIDA or in other NCR regions is better to buy duplex apartment in Delhi, the capital city. Because of the existing crowd and property values Delhi is in sky-scraping position. Multi millionaires can afford to buy these properties but to some middle income group may not able to buy it. For them NCR is the best solution to buy duplex apartments and luxurious apartments. Purchasing such type of expensive properties you must be careful and have to enquire more and more the details about the property, location, facilities, available services, security, and proximity to major locations.

Thursday, June 3, 2010

Rohini Real Estate Market in Delhi

Rohini is one of popular area of North Delhi and Rohini has been divided into various sectors. Rohini is mainly famous with having Delhi Development authority Flats (DDA flats) for Lower Income group and Middle Income Group. Rohini property rate is less comparatively with Delhi city because being Rohini the farthest from the capital city. The first commercial district in Delhi is the Rohini district which is to be connected by the Metro rail and then have good connectivity.

This Metro rail project is not only benefited for the people who have already residing in Rohini but project will helps more people who are residing along the Shahdara-Rithala Metro corridor. These factors are making Development in Rohini which is becoming as one of the hot commercial spot of the Delhi. In Rohini there are various malls, multiplexes and commercial complexes available for buying, Rent or for lease purposes and many are still under construction. The major reason for the real estate development in Rohini is the Metro.

From Rohini to other places the accessibility is very convenient and comfort. The distance from New Delhi Railway Station to Rohini is approximately 18kms, distance between Punjabi Bagh and Rohini is approximately 07kms, distance between Vasant Vihar and Rohini is approximately 27kms, distance between Nehru Palace and Rohini is approximately 31kms, distance between ISBT and Rohini is 15kms, distance between ITO and Rohini is approximately 21kms. Due to this convenient connectivity Rohini Real Estate market has became one of the hotspot of Delhi. Many investors want to invest on Rohini property.

Many Builders and Developers are already started their ventures in Rohini. A 2bhk apartment with 1000 sq in Rohini Sector-9 will available for sale at Ronini for RS.38lakh. Not only lesser price of Rohini property compared to Delhi NCR has became demandable but also there are many factors to consider which will effect our daily routines such as crowd, greenery, open space, water shortages during summer and traveling connectivity to most important destinations.

These all make Rohini property market demandable. After Metro operation has became started the Rohini Delhi property prices has increased by 40-70% according to the property available area. Few years before the journey from Rohini to central Delhi it will take almost one-and-a-half hour but now this traveling time has reduced o 40 to 45 minutes only by Metro and the comfortable roads of Rohini.





Tuesday, June 1, 2010

Ansal API in Construction for Delhi NCR

Ansal API, a New-Delhi based realty firm is launching a major township for 115 acre of land in Gurgaon and in Delhi with the expected target sales of Rs.2, 000 crores. The company is looking for investment upto Rs.1, 500 crores to the make the planning execution and also will be raising the investments through its customer in the form of advances in 1st phase of call on issuance of ownership. 

The developers have received a sanction of Rs.1, 300 crores to the build the township for land acquisition from HDFC bank from which Rs.500 crores are already invested and Ansal API official claimed that they are building one of the biggest township under the head of green projects which is supported by ministry of new & renewal energy to be constructed as luxury apartments in NCR.

The technology factor used in the township will be one of the most expensive materials, equipments which have increased the cost of land and residential ownership by 7-10% as it includes the value addition of solar power by getting the project more enviornment friendly. The cost of each unit for luxury apartments in NCR will go upto start range of Rs.55 lakhs to Rs.5-7 crores, which includes the villas, service apartments, and plots too.

Ansal API managing director said that they are most likely in the position to raise debt by the ratio of 1:1 as they are in comfortable position to service its debts from the regular operations and are not willing to raise the equity funding by way of raising the capital for the organization for any investment concerns.
So lot of concentration will be provided by way for rising from the customer itself for secure and more reliable source. Any the project will be ready for living in mid of year 2011.

Friday, May 28, 2010

Delhi is Evergreen Real Estate Destination

Delhi the national capital city of India there are many people with various culture and customs are coming from different state and various countries. All over the city population has spread and the lack of accommodation is resulting for the new coming people now. Although the superior locality like Lutyen’s zone in Delhi the real estate is facing a rough phase to preserve the continuity. The Lutyen’s region consists of area like Prithviraj Road, Amrita Shergill Marg, Aurangzeb Road, Golf link etc the real estate properties are selling like hot cakes.

In Delhi the posh localities are having huge prices. In these areas for many years several families are living and having their own properties which are having high value. Now really many investors don’t wants to make new investments in these areas to have their own houses. And also more number of properties is not available for sale in here. Because the families which are living here for many years doesn’t want to sell them and also the property cost is very high. Outstanding demand for properties and fewer properties are available for sale makes the property value to rising extreme. According to Delhi real estate brokers, any of the area in Lutyen’s the residential property costs around RS 2 to 4 Lakhs per sq ft. in future this value may vary depending upon the location and area unit in Delhi.

In this zone of Delhi the properties are regarding too much number of Civil servants, Politicians, Industrialists and business people. This zone is having its historical significance and popularity. In Delhi Real estate sector builders are saying that still there is natural spark which makes them so attractive. Also they said that there is a slowdown phase that tough Delhi properties like other metros have been growing. But Lutyen’s and its places in Delhi will never lose its significance in the real estate market of Delhi. Having a Delhi property is a big deal in itself and owing one in the posh area like Lutyen’s region mean having status.

Monday, May 24, 2010

Property in India

Anand Vihar, one of the classy residential area and also known as the fast growing commercial place in East Delhi. Saini Enclave, Jagriti Enclave & Pushpanjali are some of its nearby colonies. Investing in properties at this place is really beneficial due to its fast commercial growth. It is just 10 km away from ITO and 13 km from Connaught Place (Central Delhi), which make it more demanded place. 

It is well connected with other parts of Delhi or other states whether it is through Anand Vihar Railway Station or ISBT or Metro Rail, which has just started from Jan’2010. Demand of its property has risen by people because of its connectivity (Metro) with other areas of Delhi and NCR which are situated very much far away as it has become very easy to travel with an ease from Dwarka, Noida or Rohini etc. 

Anand Vihar has some of the most famous malls like East Delhi Mall (EDM), Pacific Mall and movie theatre like Wave Cineplex. All these and the Sahibabad Industrial area make this place more desirable for buying or selling of the properties. All types of properties whether it is residential, commercial, shops (retail) etc. are available in plenty out here.

DMRC, has started their operation at this place, this will be having five stations that are – Laxmi Nagar, Nirman Vihar, Preet vihar, Karkardooma and Anand Vihar which will be further connected to Yamuna Bank for further connectivity to West Delhi. About 80,000 passengers are expected to travel on this route daily.
As Anand Vihar is situated at the border of Uttar Pradesh, people from Vaishali, Indirapuram, Kaushambi and other part of Ghaziabad may also use the Metro to come to Delhi. People residing at Anand Vihar get the benefit of all their necessities like transportation in terms of Metro, Railway station, ISBT; Markets, Shopping Malls, Hospitals or Parks. And because of all these facilities people have started demanding properties in this area and also ready to pay huge amount for that.

Thursday, May 20, 2010

Different kinds of Real estate investments in India

Investment means getting some thing in return. These returns may be related to income returns as profits or may be increase in invested principal. Investment may relate not only to real estate market, it may relate to stock market investment, LIC investment, bonds, and commodities and saving accounts. The investment has to make us prepare for another investment. Actually investing in real estate will never make you loss, in some conditions such as recession and market downward.

There are different types investments can made in real estate sector. Especially they are long term investments and short term investments. If you want to make long term investments then be careful to choose the property, because in long period the property value may increase or decrease due to many reasons. In short term investment, you can guess the market value in the near future, if the value is going to be decrease then you can able to sell the property to get survive from the losses immediately. Then you can use that money to make invest on other property.

In Real estate sector long term and short term investments can be made on residential properties for own or for rental purposes what ever it may be. Like that investment can be made on commercial properties such as corporate offices or small offices, shopping malls, entertainment places and retail malls etc. if we are investing for rental purpose then we will get returns as profit and the property will be there for us principal amount. Otherwise the investments are making for own purpose the property will remain as an asset for future use.

There is another type of investment will seen in the real estate market which is risk less. If we find some property as best property to make an investment and at the same time some other also looking for that property then the demand for that property will high. In that case if there we can have a chance to make agreement with the owner primarily then we can able to sell that property to the other party with profit by increase the property value. In this deal we can’t loss anything and we will get profit in a short term only.

Wednesday, May 12, 2010

Real Estate Events and Exhibitions in Delhi

Real estate events and exhibitions in Delhi are very common now-days especially they are basically the medium of communication from the constructors and builders to the buyer or reseller with wrapped in the best possible packet. Selling for asset chances in Delhi real estate market and infrastructure is on hike.

The demand for real estate investment in Delhi is on large formulation supportive by the investors and buyers as they are the experts in these projects so communication has to be the better part of the interaction and if done within the frame line then can turn into good results.

Real estate events in Delhi are organized at different locations and taken care by the media groups for the sponsorship and the special campaigning programs which helps each and every locality to aware of the scheme and launches other than Delhi people are also participating tremendously in the events which goes on throughout the year.

You can find the top builders like Hindustan Construction Company Ltd., Unitech Group, Jaypee and others who are fetching the maximum benefit under special roof with 2-5 days of time.

The potentialities for the Delhi real estate property market can be opened to all and hope that open invitation will help the economy to come up with more dynamic optimism. So these events and seminar can be blissful for connecting each other’s needs.

Monday, May 10, 2010

Realty Market in Delhi

Delhi, the national capital of India is one of the hottest destinations for investors. One of the main reasons why Delhi is an investor’s priority is due to its good connectivity with most of the cities in India other than the best connecting city to all international airports. The property prices in Delhi in the recent times have been quite exorbitant.

In the residential market segment, Delhi has been known to make the most astronomical transaction where properties sell for millions. This trend though most common in the posh localities of South Delhi is now moving towards earlier less significant places like Dwarka. The rental values of residential properties like the apartments and independent houses are quite high.

Commercial properties like the office spaces in particular are in much demand as every other company want to have their offices in the city, as Delhi has better edge over many other metros in infrastructure, availability of professional work force and connectivity. In recent years, Delhi property has seen an exponential growth rate due to immense improvement in the transport system, expansion of Delhi Metro Rail and the commencement of 2010 Commonwealth Games in the capital.

A look at Realty Market in Delhi:
Apartment rates in Delhi –
Central Delhi – Rs 7500 to Rs 28000 per sq. ft.
East Delhi - Rs 3000 to Rs 6000 per sq. ft.
West Delhi – Rs 4000 to Rs 10000 per sq. ft.
North Delhi - Rs 5000 to Rs 8000 per sq. ft.
South Delhi - Rs 3500 to Rs 12500 per sq. ft.

Builder’s flats in Delhi – 

Central Delhi – Rs 2700 to Rs 18000 per sq. ft.
East Delhi - Rs 4000 to Rs 10000 per sq. ft.
West Delhi – Rs 5800 to Rs 13000 per sq. ft.
North Delhi - Rs 5000 to Rs 14000 per sq. ft.
South Delhi - Rs 4000 to Rs 28000 per sq. ft.

Plot rates in Delhi – 

Central Delhi – Rs 80000 to Rs 500000 per sq. ft.
East Delhi - Rs 25000 to Rs 100000 per sq. ft.
West Delhi – Rs 100000 to Rs 200000 per sq. ft.
North Delhi - Rs 70000 to Rs 250000 per sq. ft.
South Delhi - Rs 75000 to Rs 400000 per sq. ft.

Rental values in Delhi – Apartment rental values (2 BHK)
Central Delhi – Rs 8000 to Rs 50000 per month
East Delhi - Rs 5500 to Rs 13000 per month
West Delhi – Rs 3000 to Rs 10000 per month.
North Delhi - Rs 5000 to Rs 15000 per month.
South Delhi - Rs 15000 to Rs 35000 per month

Builder flat rental values in Delhi –

Central Delhi – Rs 10000 to Rs 60000 per month
East Delhi - Rs 4000 to Rs 40000 per month
West Delhi – Rs 10000 to Rs 20000 per month.
North Delhi - Rs 6000 to Rs 30000 per month.
South Delhi - Rs 8000 to Rs 150000 per month

These are the latest rates and rental values of potential realty market of Delhi, but still it has lot to offer to both sellers and buyers.

Wednesday, April 28, 2010

Impact of Delhi Metro on Real Estate

Real estate values have reached new heights because of Metro Routes in Delhi. It has been studied that a metro station in a locality pushes up prices by at least 22 percent. Impact of Delhi Metro on real estate is divided into three phases that is-

 Pre-Construction phase

 Under-Construction phase (1996-2000)

 Post Construction phase (2000 –2006)


As per the valuation done, in the residential areas, land value within 500 meters of Metro line increased by 11.3 % on average. In commercial areas, it was increased by 18.1 %. But these analyses holds true only for planned and authorized areas and not for unauthorized colonies.

The impact of Delhi Metro on real estate was come to observation when first line from Shahadara to Tis Hazari was commissioned in 2002. When the same metro line started in Rohini, Pitampura and Dilshad Garden, property values increased manifold. Dwarka real estate values have increased 5-10 times compared with 2005 values and it is only due to Metro. Residential capital values in localities within a 1 km radius of the Metro have increased by 15-20 percent and rental values by 20-25 percent.

Construction of a Metro line to South Delhi is in full swing. Real estates values in the South Delhi market have always been very high. The metro construction work is slated to finish within a year and is expected to result in an immediate 10-15 percent rise in values.

End users fro Delhi and Noida are shifting to Ghaziabad, where active real estate development has led to a glut in affordable residential property. They are in demand because of lower values than neighboring areas. Many housing projects are coming up in different parts of the city. Values in prime residential localities like Vaishali, Vasundhara, Kaushambi and Indirapuram high and are expected to rise by 25-30% once Metro has a complete run in the city.

One of the main reasons for high prices in the Delhi NCR reality market may be attributed to the Metro. End users and investors are now putting money in those areas with easy Metro accessibility, with property values that had either dropped or were stable due to the current global recession, expected to rise every time a new Metro line is flagged off from a locality in the Delhi NCR.

South Extension the sun in the center of the solar system

South Extension is stationed as “the sun in the center of the solar system” exceptionally fine of its kind apportioned as South Extension part-I & South Extension part-II covering the lane Safdarjung Enclave and Lajpat nagar constantly been the magnetism focal point for localities and international visitors for shopping as well well-known designer malls are stuffed in trend clothes and best seasonal outfits incredible showrooms making the South as “aristocrats of power and place” in Delhi. It’s also been tourist place which is always closed on week day Monday but will always busiest on holiday Sunday.

If you’ll ask any teen for their best taste of markets surely, 2 from 3 will always articulate South Extension as it comprehend with consisting chiefly as Mehrasons Jewelers for Jewelry, Levis, Reebok, Arrow, Calvin Klein etc including Nalli Sarees and superb food parlors with parking space. The smallest to smallest shops are full during the off season and if we talk about the booming time of year then you have to plan your visit along with patience.

Gigantic departmental stores for home décor to music stores are on hand in South Extension covering the main roads space and little inner roads of app. 5-6 km namely Ebony, Big Joss, Food Corners, Bars to the Clubs makes South Extension the hottest sock and one of the most happening place in Delhi encircled with lots of ATM’s and Banks and never less then lots of institutes including IIT Delhi, Jawaharlal Nehru University, South Campus which comes under Delhi University and other big and small Polytechnics. Best part is being in close proximity to AIIMS, Safardjung Hospital those are on the apex list of international hospitals ranking makes South Extension good in amenities and nicest place for living for all class of masses choice from students to the working or the business class

Monday, April 26, 2010

Real Estate Delhi – North, East, West, South Property

North Delhi
North Delhi is also known as Old Delhi. Memorial and historical places from Mughal times like Jama Masjid, Red Fort etc. are very much famous among tourists. Darya Ganj, Ansari Road, Kashmiri Gate, Fatehpuri, Civil Lines, Model Town, Kingsway Camp, Kashmiri Gate, Darya Ganj, Delhi University, Tees Hazari, Delhi Gate, Adarsh Nagar, Azad Pur, Chandni Chowk are some famous location in North Delhi.  And it is very hard and nearly unfeasible to find housing. In case it is found then it will be very much packed with public and will be having very high cost of living. The existence of Delhi University is having a significant position in North Delhi and that this is the basis of its fame and well known as North Campus. Popular colleges i.e. Khalsa College, Dayal Singh College, Shri Ram College of Commerce, Miranda House, Hansraj College, Kiroroimal College, IP College, Delhi School of Economics are parts of North Delhi University. Presence of marvelous conveniences and good infrastructure this place i.e. North Delhi is very much renowned and is having incredibly sky-scraping demand of property for diverse uses. And due to this elevated demand rates are skyscraping.

East Delhi

East Delhi is also known as Trans Yamuna because it is situated on the eastern zone of Yamuna river. It is very much close to U.P. border i.e. Noida & Ghaziabad. This side of Delhi is very much crowded and is a mixture of different communities’ people with various cultures, lifestyles & traditions. Few years’ back East Delhi was not considered in the list of preferred localities to live is now known as the favorite locality for accommodation.
Places like Seelampur, Laxmi Nagar, Mayur Vihar, Preet Vihar, Anand Vihar, Geeta Colony and Gandhi Nagar in East Delhi are having mixture of people belong to various communities and cultures and celebrating all festive with full of enthusiasm and zeal.


West Delhi
In last four to five years, West Delhi has developed swiftly with lots of expansion and growth. Localities like Rajouri Garden, Punjabi Bagh, Rohini, Dwarka, Janak Puri, Uttam Nagar, Pitam Pura, Moti Nagar are eminent locations of West Delhi and are also recognized as classy or posh areas, famous for trendy markets, shopping zones, cinema halls, infrastructure-road & metro, schools & colleges/institutes etc. West Delhi is packed with different people belong to various cultures and traditions having diverse languages communities like Hindu, Muslims, Punjabis, Bengalis, Christians, Jaini, South Indian etc who are having residential or business space in this region. West Delhi is having excellent infrastructure like services of buses, auto rikshaws & connectivity of Delhi Metro which has made it effortless to cover the major distance with relieve and in few minutes without getting exhausted. Because of these conveniences property rates have amplified and constantly growing day by day.
Foremost colonies i.e. Rajouri Garden, Janak Puri, Moti Nagar, Pitam Pura, Rohini, Punjabi Bagh, Patel Nagar etc. which have exposed an incredible hike in demand of properties for residential or commercial purposes. And due to this sky-scraping requirement, market value of properties has increased in multiples.

South Delhi

Areas like Greater Kailash, Vasant Vihar, Saket, Nehru Place, East of Kailash, Sant Nagar, South Extension, Vasant Kunj, Okhla, New Friends Colony, Lajpat Nagar, Defence Colony, C R Park, Green Park, Panchsheel Enclave, Hauz Khas are chief areas of South Delhi and the property prices of these areas are very much sky-scraping whether it’s a residential place or commercial site or for savings reason. If you are planning to have real estate or property in South Delhi then you should have very good budget to suppose to have property in these locations. Main and popular shopping centers are Sarojini Nagar Market, Vasant Vihar & Vasant Kunj, Lajpat Nagar, South Extension part I and II, Greater Kailash Part I and II, Green Park, Hauz Khas and these places are forever crowded and full of shops and clientele. The existence of lots of historical spaces like Qutub Minar, Tughlaqabad, Chhattarpur Temple, Kalandi Kunj, Lodhi Garden, Lotus Temple, Delhi Heart etc. are some main reasons of high demand of South Delhi.
Thus, it is apparent that demand of the region i.e. South Delhi is very high and as a result property rates are also increasing constantly.

Wednesday, April 21, 2010

Buying or Hiring Land

Buying or hiring land for your personal stays within the limit and reach are two diverse possessions. Prices of real estate are increasing every day. Prices could be reduced down for a very short period of time but not for long duration. This effect can be easily measured by those men and women who are in search of roof and shelter to live. 

Today choices have changed with time and advancement transformations. In old times our grandparents constantly wish to have tiny piece of land area for feed more and even the smallest were used to fit countless but now biggest homes seems smallest to people as homes have became the lavishness to life we need great space may be many room doesn’t matter if rooms are left empty.

People buy land for either their secure future or for their kids secure future.  So the requirements for “Buying or Renting Land” roofs are raising as more and more are adding to lines as large number of people are willing to invest more in lands by buying 2-3 homes or even more, some have planned to shift and some for residing. Delhi is always a centre for attraction due to availabilities for all basic & effective necessities. Delhi is full with apartments and purchase of lands so NCR is offering a better reason for choices. 

But if you can’t effort home then you can also go for rent apartments near to your office location or in central place of Delhi. Whether it is South, East, West or North Delhi everything can be compared with one other i.e “Buying or Renting Land”.

Number of sophisticated home and spaces are available in Delhi to different people to put there option as per their basic criteria. You can look for 2 rooms with single floor or 3-4 in single story building in about of investment of Rs. 20,000/- to Rs.50,000/-.


Retail space for rent in Delhi

Renting and giving rental property has contributed to the development of property of the people in India go out and pay back the loan that one has taken from the bank. The rental value of properties has touched the sky. A few years back buying a property in Ghaziabad these areas was a distant dream even now after so much price rise people are buying service apartments in Ghaziabad and nobody though that it was a feasible choice to purchase a service apartments Ghaziabad in these areas.

As we always discuss about our future plans and future dreams, a lot of people over here dreams of owing a commercial property. A retail property as many people think is not only for the purpose of making a place where many people will sit and talk about their office plans and sip a cup of coffee but also a place where people could come and shop for the things that they need most in their life. There is various types of retail shops available in India. The retail business has gained momentum in the couple of years as this is a popular concept in Western countries and many people have now got engaged to this business as this is the type of business which is infact following the marketing strategy of the business world.

The shortage of properties is due to the fact that more and more people are in demand for retail space for rent Delhi. Thus property prices are high and it’s touching sky. Even there are lots of unauthorized properties available in Delhi which when bought will lead to legal hassles. So we would always advice you to search for legally claimed properties so that you are not faced with ant legal problems otherwise it will amount to a big loss. Thus it is always better to choose an authorized property rather than unauthorized which is / are being offered at a lower and attractive price.

Whether it is being purchased or rented/leased out. One has to pay a big amount if he prefers the property .The type of retail property that is available in India is cell phones, clothing lines, electronic goods and many more. It is known as one stop area where you get information and goods of various products and where you don’t have to face any difficulty while shopping and this is the area which is very important for the people who want to shop and make a bonding with the brand so that they can purchase their products here and can enjoy their shopping there.

Real estate market in India

Ever wondered if there would have been no homes where would we have stayed. This is why keeping this question in mind the real estate developers have so many real estate apartments or we can call residential apartments in the city so that people don’t find it difficult to find a home and stay there for a lifetime. For our whole life we save money so that we can build a home of our choice, a home where life would be easy with our family and friends, a life full of happiness, so get pep up so that we can find a home of our need and of our dreams.

We need a home, a family so that we can reside there and can live our life in these apartments forever. It is delicately connected to all main cities as a result the requirement to develop vital town amenities all through the city is an urgent requirement. Faridabad Municipal Corporation is aiming to supply the greatest services and advancing the standard of living of the people through their services. It gives miscellaneous services varying from undertaking construction of learning institutes, fitness centers and improving conditions of slums and rural areas

The real estate market is much in demand sector in India. The market has developed in the both commercial and residential area. Nowadays builders are constructing more and more commercial as well as residential apartments by keeping the requirements of customers in mind, and one can get easily attracted and wants to have the same at any cost. People from different land or N.R.Is come here to invest in real estate property and are generating huge amount of income from here. Every person is in search of a residential apartment so developers have come out with many new ideas where he could come out with various new ideas where different apartments are available.

Some of the real estate developers in Delhi and NCR regions are Supertech, DLF, Lotus, and Purvanchal. These are the apartments, which are very popular in Delhi, and NCR regions and every year thousands of people come here in search of homes here and there are people who have come from different places and have registered the apartments beforehand so that later they don’t encounter with any problems. They are in a fix where to get money to buy these apartments but this is not a big deal nowadays as banks are there and they are always ready to provide loans and that they are there to help you in the time of need.



Rent commercial property Delhi

We want a perfect life, a perfect business life; a perfect life that is full of happiness and for that we need to search for the places where we could get a perfect commercial property space. Here are few of the areas where we could find proper commercial space and perfect place to kick start your business so that there you don’t encounter any problems. A life is full of risk and chances and you will have to take a chance to find a proper place for your commercial space.

Commercial level will help to increase the gross domestic product and even the net income of the people of India. Now, buying is a complex task for people, looking for new property investments, homes and spaces are becoming more and more expensive. You will have to invest a little bit of your financial income to own a commercial property in Ghaziabad. We people have always a desire to own a unique commercial real estate. A little more than the financial investment goes into the owning of a perfect commercial estate in Delhi;

This is the best chance to rent commercial property Delhi.

1. Vasant Vihar

2. South Extension

3. Lajpat Nagar

4. Jor Bagh

5. Sainink Farm

6. Defence Colony

7. Sundar Nagar

8. Barakhamba Road

9. Ashoka Road

10. Janpath

11. Khan Market

12. Lodhi Road

This is the decision upon which your entire investment will depend and upon which you will chance upon on taking a decision. Invest your money and you will get a lot of option for your commercial property and can earn a lot of money from this decision of yours. Commercial property varies according to the places and according to the preferences of the people. If you have lots of money then you can think of buying a luxurious commercial apartment so that you can get comfort and facilities there.

The rental properties are a hard work of many dedicated personals that have delivered their promises and commitment to the property in India and have helped to find many homes for the people who are searching for their homes in Gurgaon. Renting allows owners to use their rent in a proper way and even to renting saves a lot of time as maintaining your own property is costly and even time consuming. Renting allows owners to focus on their business without thinking too much about their property.



Affordable apartments in Delhi NCR

A few years back buying a property was a task, which amounts to lot of thinking and processing of the brain. You have to think about the budget, about the location, about the facilities that will be provided by the residential apartments but now everything has become east. The web portals are being developed which provide you with sites where you could find property of your own choice and there you could find properties, which fits your budget for affordable homes which many hi techs developers have though of developing in the city as most of the people in India belong to the middle or upper middle class.

Keeping these factors in mind they have started many projects which will be basically for the working class people and the people who have started working and are thinking of settling down and are considering to buy their property here in Delhi. If you want homes that suit your budget then you could consider buying of affordable homes in Delhi. Even nowadays the income of the youngsters is rising and therefore they could afford to buy more and more commercial properties. Even banks provide loans, which helps a person to take loans to purchase their own property.

Banks have slashed down the interest so that a person can take loan from a bank, These investments banks take your money and invest them in the new projects of the real estate companies operating in India and many people rent out their affordable homes in Delhi to some other people and earn more and money from there, thus leading to more generation of income. However, if you have a seller that is willing to be a little flexible, seeking a professional that can match seller and a buyer together to create one of these real estate deals can help all parties involved get what they want.

For investment point of view, Delhi properties offer the finest opportunities to buy affordable apartments and many affordable apartments. Yes you can even buy an affordable property for investment purpose and many people are even doing that. They take loan, they invest money in the real estate sector and in a few course of years they sell their property and earn a lot of money from there. As this real estate sector is the most booming sector in India. The demand will always remain at a height and so one doesn’t have to worry to sell the apartment after few years as they will get the double of amount for this apartment and can infact lead a happy life with the income they generate from here.

Affordable apartment for rent Delhi

What is the factor that influences the buying and selling of products by a consumer. There are various factors that influence consumer behaviour. The consumers jointly take some of the important decisions. The decision of one-person influences the decision of the others and this is what is known as the consumer buying behavior and while buying and selling of property this is one of the most important factors. The budget of the property is the most important factor as people in India belong to the middle and upper middle class group and they will consider buying property where they will get the best buy at a considerable rate and can get comfort and luxury of the lifetime.

When you own rather than rent, you have complete control over whatever remodeling or redecorating you choose to do--you don't have to get permission from anyone. And while you're responsible for maintenance, the plus side of that is that when you need something done, you don't have to wait for a landlord to get around to it. If you don't need a freestanding building, you'll find plenty of office and office/light industrial condominiums to consider. So this the perfect time to invest in rental commercial space and even earns a lot amount of income from here as many people are thinking of investing money in this business.

Thus you can also search different web portals to search for affordable apartment for rent Delhi and you can also search property news. Even many magazines are available where you will get a lot of information about the value, vacancy, avaibility of different apartment for rent Delhi, thus making you more informative. So if you really want to search for apartment for rent Delhi then you can go and search this option and take a bet it will be very useful for you.

A commercial agent is the most important person who can manipulate the decision of the buyers. The work of a commercial agent is to manipulate the decision of the buyers. But be very careful while taking into consideration a commercial agent. He should be a very reliable person and could give you best bet while buying or selling a property. You should have through information about the commercial agent otherwise he could be at a destructive end and you will have suffer a a loss of your time and you will be harmed by your decision.




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Tuesday, April 13, 2010

Delhi Rental Property



Delhi has got every type of accomodation and comes so every kind of facility. Presence of ample hotels in Delhi, who are offering perfect services and having comfortable and luxurious lodging for travelers but the thing is every one can’t stay in hotels and so many people purchase Delhi rental property. Hotels are segregated into different categories i.e. Five Star, Seven Star, Three Star, Two Star, Luxury hotels etc. and the choice to select the hotel is totally based on the travelers’ choice and his requirement but you can feel like home in Hotels and so you can go for Delhi Rental property. Most of the Delhi Rental property which is situated near Railway Stations is available at a lower cost as compare to the situated in posh and developed locations. It’s always better to select the one which is nearer to the stations or airport and located in central place.

You can find the areas to these places at lower rates. Delhi is the national capital of India and is a hub of business sectors, politicians and tourists. Many tourists a well as N.R.I come to India to invest in Delhi rental property. Delhi is a place where people from all over the world come to settle here. It’s the largest city where people from all over the country and all cross cultural people reside. It’s a place having mix-culture tradition and modern values. Most of the tourist forever’s. Most of the Delhi Rental property is located near Railway Stations, Airports or central place so that it can be easily accessible.

Generally Delhi Rental property is preferred to stay for different purpose i.e. commercial or amusing. And the duration to stay varies accordingly it can be one day or more than that.  You can choose any Delhi Rental property as per your choice and enjoy their services being provided or you can ask the additional facilities as per your wish. If you are looking out for rental retail property then commercial agents will help you to find good retail properties.

One can even search out in various websites or even in magazines to lookout for various rental retail properties. The costs of rental retail properties vary as per the facilities being provided and the location. Large numbers of unexplored retail properties are available in Delhi. Rental retail is available in various prices and at various locations. Depending on the locations the prices of the retail properties vary in different locations.