May 30, 2014

Rising Rate of Properties in Ghaziabad

Ghaziabad since its foundation in 1740 by Ghaziuddin has come a long way to become the industrial city of Uttar Pradesh. This part of our National capital, houses more than 15 lakh residents. The city once marked as notorious due to its high and consistently rising crime rates is now one of the highly developed industrial cities in India which proudly flaunts its planned roads, malls, residences and flyovers. This industrial city houses well over a 100 heavy industries and astonishing numbers of more than 14000 small industries. Further more urbane and middle-income groups are in majority interested in these colonies.

Rising Rate of Properties in Ghaziabad
All of these above stated factors and more are feeding to a new prospect of rising property prices in prime locations like Kaushambi, Indirapuram, NH58 Highway, Vaishali and Vasundhara in Ghaziabad. Moreover, the metro railway facility is also shrinking distances between NCR and Delhi, in turn attracting more and more masses to the suburbs in search of diverse residential property in Ghaziabad.

In search of these diverse residential properties many are selling off their bungalows in congested areas of East Delhi, which sell for around 8-10 crore, which they use to buy spacious trans-Hindon apartments and plots i.e. Areas falling just after crossing the Hindon Bridge. The trans-Hindon colonies are believed to be of great value by many in terms of bulk-buying or corporate establishments.

Real Estate prices in these regions of Ghaziabad are varying from 3500-5000 per square feet. Although there are some problems related to sewage in these areas but affordable prices of property keeps the buyers attracted, ensuring the continuing buying spree. The National Property Index (NPI) went up by over 2% in the Jan-March 2012 quarter, compared to Oct-Dec 2011 quarter. The Ghaziabad index rose up by 5%.

The rates in different prime localities hover around:
  • Indirapuram – 4200/sq.ft.
  • Kaushambi – 4500-4700/sq.ft.
  • Vaishali and Vasundhara – 4500-5000/sq.ft.
Ghaziabad is the city that gives highest revenue in the state of Uttar Pradesh and second maximum in India. The city has 32 malls, second in India only to Bangalore. The number of medium or heavy industries functioning in the district has a capital investment of Rs. 2,930.86 crore. While keeping an eye on these factors, there are also a lot of luxurious projects going on for the urban or upper income class.

Properties in GhaziabadAreas like Indirapuram, Vasundhara, Vaishali etc. is seeing a steep increase in demand also because of close proximity from NCR, very good connectivity from Delhi through the Metro Railway system which decreased travel time reasonably. Evaluating all of these factors builders that are currently operating for ongoing projects in Ghaziabad are Gaur, Assotech, Ashiana, Supertech, Nirala, SVP Group, ATS, Mahagun, Gulshan Homz, Aditya, Jaipuria, HRC, Amrapali, Meriton, Krishna, Apra, Shipra, Exotica, Parsvnath, Nitishree, Himalaya, Balaji

Does Delhi property market still have strong demand?

Delhi propertyInvestment in Delhi properties is always fruitful, be it from any angle. The demand for properties in Delhi is increasing day-by-day not only because it is the national capital but also its proximity to NCR which has very high commercial and industrial importance. Further, the elevation of the erstwhile Union Territory to the National Capital Territory with the status of a state has further increased the value of property in Delhi.

Infrastructural development, metro rails and many such other developments have increased the demand of property in Delhi. MNCs, IT sectors are also the reason of the high demand of properties in Delhi. Delhi property has seen a fast paced growth in the last few years. Delhi, along with its surroundings has become a great attraction for investors who want to invest in Delhi Real Estate. Demand for both residential as well as commercial properties in Delhi is growing at a very high rate. Due to the advent of many multinational companies setting up their offices and commercial establishments in Delhi and the NCR it has become a lucrative deal to invest in Delhi residential property.

Home loans are also helping to increase the demand of properties in Delhi because it is helping the middle class, who form the majority of the country to fulfil their dreams of having their own houses in a place which is said to be the hub of everything. The demand for Delhi residential property market is always high due to large influx of tourists, expats, and students and professionals from other parts of the country.  There is a great demand for both commercial and residential properties in Delhi property due to presence of multinational companies, corporate houses, media houses, IT, BPO, KPO and host of others.

Delhi propertyDemand for apartments, bungalows, penthouses are increasing day-by-day in and around Delhi. Good career with a good living is what people are looking for these days and Delhi is one such place which is providing all this at very affordable prices. Capital city, hub for media houses, fashion houses, what more does a person want to live a life full of luxury with the best of career.

Demand for property in Delhi has also increased due to easy transportation, metro facilities, multiplexes which attract more and more people towards it. 1-2 BHK flats at about 25-35 lakhs and 3BHK flats at about 50-75 lakhs are available in posh areas of Delhi which is also the reason why Delhi properties still have a very high demand.

Delhi has always been a land of equal opportunities for real estate developers, investors and professionals. Corporate executive and expatriates are especially identified as the segment that would drive the demand for premium property in Delhi.

May 29, 2014

Delhi-Real Estate Investment is Rising

Delhi, the capital city of India one of the top profitable real estate markets, every reputed Global Consultant recommends to invest here. Various investors prefer to buy residential or commercial property in Delhi so as to get great resale value while selling it or by the means of rental to get optimum results, while automatically making an asset. Investment in real estate, especially in residential property has been for years the favourite avenue for many investors in India, due to its great returns.
Delhi-Real Estate Investment is Rising
The prophecy is almost ominous to Indians who want to buy a dream home but is not able to do so because of the heavily rising realty costs. The cost of real estate is rising fast across India. Moreover commercial spaces in Delhi ranks amongst the top 10 in the world, however along side the metro cities tier 2 and tier 3 cities are also seeing step rises in property prices.

Why is real estate so expensive in India? While, reaping much great returns in real estate investment arena. There are several contributing factors to name a few:

More Demand than Supply – Courtesy of the economic boom, more and more people are opting investment in real estate as a security for the future, as a tax saving tool or simply because they need a roof over their heads, homes are in demand. In turn making the demand manifolds compared to the supply.

Scarcity of land – The demand pattern has been mainly in the metro cities and its surroundings. Mostly, like Delhi and its outskirts the National Capital Region. The scarcity of land in Delhi, is continuously making it harder and harder for developers and builders to provide mid level flats in Delhi. Thus, pushing the middle income group towards the outskirts, while the Delhi metro is facilitating fast communication and transport with the Capital City.

Delhi-Flats Investment is Rising
The IT boom – Around 60% - 70% commercial property demands rose due to the rapid development of IT and ITES sectors. According to NASSCOM, this sector employs 1.63 million people and the numbers are likely to double by the end of the decade. 

As people are shifting to NCRs and other surrounding neighbourhoods, the rates of Delhi real estates are still rising because till date investors and the upper income class are opting for Delhi over the NCRs, so as to get greater investment returns with time. The increase in living standards and also the recent betterments and up gradation of facilities like Electricity, Sewage and Water Supply people have found there preference in Delhi rather than the outskirts. So by seeking professional help through the new media or internet by online real estate consultants and dealer, potential buyers and lenders can gain more than their expectations.

Real Estate in Delhi Developers Are Providing Irresistible Offers for Consumer

Delhi: Delhi real estate properties seem to be constantly required in spite of the ransom real estate values. Yet, the buyers gather in areas like Gurgaon, Noida, Faridabad, Gaziabad and NCR due to the availability of land there. The real estate values in Delhi have increased about 32% in the last quarter and with new real estate developers constructing more and more real estate projects, the customers presently has multiple irresistible options on the apartments and the grand lifestyle to be enjoyed in and around Delhi.

Real Estate in Delhi Developers
About all kinds of amenities are provided to the buyers in the 1, 2 &3 BHK apartments including the luxurious living which most of the high class people looks for while buying houses. Offers are also there for the middle class group and facilities are provided to them according to their needs and desires within their budget of buying the apartments.

But, the buyers need to be careful while choosing the kind of apartment they need and in which they want to spend the rest of their life. Most of the developers have surfaced offering the tantalizing offers and also claims to provide all sorts of amenities. But, the majority of the population fails to notice that most of the developers tend to keep under the covers the hidden expenditures that the customers generally fail to observe while they look for the offers.

Real Estate in DelhiThe customers are to make prudent choice while purchasing an apartment or a flat as it is the most valuable investment of a lifetime. The customers should have the basic amenities in the vicinity of the location such as schools, hospitals, shopping places, offices, playgrounds, parks, gymnasiums, health clubs, shopping centres, etc. All amenities should be provided in and around the residential townships so that the residents get more ease of access to all the facilities and as well as less troubles to their time management. The other factor is the security system which should be fool proof without any kind of fear. The atmosphere is also necessary due to the rising levels of pollution and so; the developers must ensure greener environment and healthier atmosphere to the buyers.

Various developers offers various kinds of facilities to the buyers and according to the needs and demands the buyers can purchase the choice of their apartments, flats or individual houses in the Delhi/ NCR region and thus, real estate is a boom for realty developers in and around the region.

About Locality & Projects of Miyapur, Hyderabad

Projects of Miyapur, HyderabadMiyapur is a suburb, which lies North-West of the Hyderabad in Andhra Pradesh. Presently, it is a part of Greater Hyderabad, administered by the Greater Hyderabad Municipal Corporation (GHMC). Miyapur is developing as the residential, commercial, and transportation hub. It is strategically located at National Highway – 9, which connects the suburb with all major places efficiently.

Property demand in Miyapur has increased over the last few years as the connectivity with IT and commercial and industrial hubs is excellent. Apart from it, the contributing factors towards the improved connectivity include link roads passing through Miyapur connecting highways, airports, railway, and bus terminals. Major residential areas in and around this suburb are Anjanadri Towers (8.4 Km), Kendriya Vihar (2.2 Km), RBR Complex (1.8 Km), SMR Metropolis (2 Km), SMR Vinay City (2.6 Km), Janapriya Nagar (2.6 Km), and many others.

Connectivity of the Locality:

Strategically located at NH-9, Miyapur suburb is identified for its excellent connectivity and transportation facilities in Hyderabad. Andhra Pradesh State Road Transport Corporation (APSRTC) runs the city bus on different routes to improve the connectivity of all major places in and around Miyapur. APSRTC buses are running to various important areas in Hyderabad from here like Dilsukhnagar, Patancheru, Koti, Ameerpet, BHEL Township, Chanda Nagar, Begumpet, Secunderabad, Himayathnagar, Chilkur Balaji Temple, Nampally, Vanasthalipuram, Uppal, Mehdipatnam, and Rajendranagar.

Projects of Miyapur
Apart from road transportation, Miyapur has good transportation through railway line. it improves the connectivity of Miyapur through railway line. Miyapur’s closest Multi-Modal Transport System (MMTS) railway station is situated at Hafeezpet (HFZ) with only 4.4 Km distance. MMTS trains connect this suburb to Secunderabad, Nampally and Falaknuma from Hafeezpet (HFZ) MMTS station. Moreover, Hyderabad Metro Rail (HMR) is up-coming. Rajiv Gandhi International Airport (RGIA), Hyderabad is 39 Km from Miyapur

Property availability chart of Miyapur, Hyderabad 
Availability of Residential Units as per Unit Type

Supply of 3 BHK apartments in Miyapur is 53% of the total supply. Whereas, there is 43% supply of 2 BHK apartments, 1 BHK is 1% and supply of more than 3 BHK apartments is 3%.
Availability of Residential Units as per area
Apartments covering less than 1000 square feet area have 3% property availability and1000-1500 square feet have 46% property availability in Miyapur. While, there is 44% property availability of apartments that cover 1500-2000 square feet. Flats spread over more than 2000 square feet have 7% property availability.

Availability of Residential Units as per budget
Above graph gives the authentic information regarding property availability according to the budget of home buyers. Availability of properties ranging between Rs. 20 to 50 lackh is 69%. Apartments between the ranges of Rs. 50 lac to 100 lac lakh have 10% units. Whereas, there are 5% flats that range from Rs. 10 to 20 laclakh. In addition, flats less than Rs. 15 lac have only 15% availability.

 Price Trend in Miyapur:

2011 (Price range)
Q-Q change

As compared to the year 2009, Miyapur has witnessed a continuous in property prices in 2010 and 2011. Average residential property price in 2009 was about Rs. 2115 per Sq.ft. which increased to Rs. 2232 per Sq.ft. in 2010 and Rs. 2350 Sq.ft in 2011 respectively. The tremendous down in property prices over the past two years is 5 percent.

Major Builders &Projects:

Size of Project
SMR Builder
Vinay City
2 BHK, 3 BHK
DSG India
DIvya Sree Shakti
2 BHK, 3 BHK
Empire Meadows
Empire Meadows
2 BHK, 3 BHK
Kolla Group
Luxor Heights
Karvy Realty Group
Sri Sairam Towers
2 BHK, 3 BHK
Major Commercial /Industrial Establishments


Miyapur-Real Estate Profiling–Neighbourhood Info

A Lounge Restaurant, Athidhi Restaurant, Bommarillu Family Restaurants, Domino's Pizza, Dosa Plaza, Hyderabad Delight, Jayani's Food Court, K.S Bakers, Sarigama, Shilpa Gardens Multicuisine Restaurant
Fun cinemas, Sai Ranga Theatre, Talkie Town
Genesis International School, Guntur Vikas School, Janapriya School, Lotus National School,  Sentia the Global School, Silver Oaks School, V.R.S. & V.J. Residential School, Vignan Vidyalayam High School, Gobal Indian International School , I Play I Learn, Joy Kids, Smartkidz Play School, Sun Shine Play School, Bhavya Talent School, Castle Town High School, olumbus Model School, Raos High School, Sarada Vidya Mandir High School, St. Ann's English Medium High School
Sri Shankara Nethralaya, Mana's Eye Clinic, Meera Multispeciality Hospital

Return on investment at Miyapur:

The above chart depicts the approximate Return return on the investment in Rreal Eestate market of in Miyapur for the past 8 quarters. At an average for every INR 10 lakhs invested in a property at Miyapur will would give you  a return of INR 10.55 lakhs in 2010 and a return of INR 11.11 lakhs in 2011.