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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.