Kasa Kai Mumbaikars !!! Tired of scouting for 2nd home properties in nearby hill stations? Still unsure about monetizing your investments when need be in the future? Why not invest in plots that return 20% Y-O-Y growth? That too in a well-planned node (CIDCO – Navi Mumbai like development) Bang on Old Mumbai Pune Highway a few minutes away from Express Way. I mean let’s face it…. 2nd home properties & far off land investments never yield returns as expected. Also, in cases of emergency, liquidizing such assets are a pain in the a$$#!! Why not invest in a systematically developed node with awesome FSI & amazing return potentials? Although by now the opportunity might have interested you, this is where I throw caution to the wind. Lucrative opportunities always come with *CONDITIONS APPLY JYes, this too is one such opportunity As much as you’d like to grab this opportunity immediately, you’d first need to express your interest based on which our team will verify your eligibility for this investment. As mentioned earlier, this is an already developed node (Pradhikaran – Ngidi) & there are only so many plots available for development. It is already home to the who’s who of affluent segment households of Pune & Mumbai. The best part about this investment is the ability to exit whenever the need arises since it will no longer be an investment made into some far-off land that requires you to go through a great deal of stress to get rid off. A site visit can be organized as soon as your eligibility is ascertained by our team.
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The much-awaited auspicious time of the year is here when people look forward to spending money on several items, especially gold and homes. To fuel their aspirations, there’s no scarcity of lucrative deals. In real estate market, mounting unsold inventory across cities over the last few years has prompted developers to clear their stock and focus more on project completion rather than new launches. But should you buy a home now just because the developer is offering discounts or deals that seem ..
Since festive season is preferred by most people to buy homes, builders have raining offers such as GST waiver and no EMI till possession. “Festive season usually brings a host of offers for the buyers every year.
For instance, GST waiver is being offered as a discount by many developers. The deal could be beneficial but only if it is legitimate.
Cash discounts versus freebies
During festive season, developers offer freebies such as iPhones, cars, foreign holidays, home furnishing and free club membership.
Should you buy?
Buying a home needs a lot of planning. You need to consider a lot of factors such as location, type of property, price and finance scheme. So, if after due deliberation, you’ve made up your mind to buy a house, this may be a good time.
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Internet of Things (IoT) and Artificial Intelligence (AI) are no longer buzzwords even for real estate developers as they increasingly deploy these as well as home automation to lure home buyers.. buyers.
Balewadi, adjacent to Baner Road, where prices have peaked, is also benefiting owing to the IT-led development in the periphery. The area is particularly attractive to people working in the nearby IT hub of Hinjewadi and looking for a residential accommodation near the workplace.
The locality is a growing choice for home buyers mainly due to its close proximity to the Mumbai–Pune Expressway. Also, the Katraj- Dehu Road corridor passes through Balewadi. The area is also connected to the Mumbai-Bangalore Highway. It has good accessibility through road network to other locations of Pune. Balewadi is approximately 4 km from the IT Park Hubs and 1 km from Baner.
The prevailing property rates of Balewadi are in the range of Rs 5100 – 6500 per sq ft, whereas the neighbouring localities, such as Baner, offer properties over Rs 7500 – 9000 per sq ft. So, Balewadi becomes the nearest and affordable choice for those looking for residential space in Baner.
As Balewadi is located close to Baner and Aundh, the necessary social infrastructure is available in the area. Numerous banks, schools & colleges, restaurants, hyper markets, retail stores & multi speciality hospitals all in the distance range of 1 to 3 kms have emerged.
We at Property Point are offering you a platform where you and few chosen ones can brain storm your growth plans, execute team building or find resolution to any issues in natural surroundings.
Here you only hear the birds chirping, waterfalls or the sound of the winds in the trees. Virtually no human disturbance.
You are at liberty to display your culinary talent or have a chef at your disposal to serve you traditional village food.
You have an option of staying overnight if you do not conclude your mission during the day. We offer two bedrooms and two tents.
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The rise in FDI equity inflows is solely because of the RERA regime and other regulatory changes.
The return of FDI equity is a big positive which will help to improve developers’ leverage ratios – it is also a resounding vote of confidence in the sector.
The rise in FDI in real estate is an indicator of a positive future & is a critical component of the economy. It’s the country’s second-largest employer and presently contributes 8-9% to the country’s GDP.
Courtesy – Latika Bhargava
Since December 2007, the BSE Realty index is down nearly 90 per cent till January 25, 2017. However, it is up around 5 per cent on a year-to-date basis.
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Happy Dhanteras 2016… www.ceekayproperties.in
Happy Dussehra 2016, Good Prevails Over The Evil….
Happy Navratri…2016 –
With A Heavy Heart & A Tear In The Eye We Bid Adieu To Our Lord – Waiting For Him To Return…
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Happy Independence Day – 2016
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The world’s biggest trading bloc with several recent polls indicating an increase in support for the leave, or Brexit, campaign, stoking fears of market instability.
Half of Chinese investors are holding back from buying property in Britain until after the country’s referendum on EU membership, a survey showed on Wednesday, though a quarter say they are more eager to complete purchases before the vote.
A total of 51 percent of the 411 Chinese property professionals and investors surveyed by juwai.com, the largest real estate portal that targets Chinese buyers looking abroad, said the June 23 vote had made them hold back from deals.
Britons vote in just over a week on whether to remain part of the world’s biggest trading bloc with several recent polls indicating an increase in support for the leave, or Brexit, campaign, stoking fears of market instability.
Transactions in commercial property fell by 40 percent in the first quarter, according to the Bank of England, with many buyers and sellers waiting to see the outcome in case an exit vote hurts property prices.
However, 46 percent of Chinese investors said demand would rise if Britain left the EU, almost as many as the 52 percent who responded that remaining in the EU would boost interest, according to the research carried out between June 2 and 5.
Chinese investors are among the biggest foreign buyers of UK property, especially in London and Manchester.
Of the 42 British property professionals – including estate agents and consultants – surveyed by juwai.com, 50 percent said there was decreasing demand from international buyers in British property.
“The overall picture here is one of uncertainty,” said the site’s UK head Bernie Morris.
“The fact that few feel they know what the true impact of Brexit would be is holding buyers back.” (Reporting by Costas Pitas; Editing by Mark Potter)
Courtesy – ET Realty
Realty consultant JLL India said in a report that the country is emerging as major investment destination for Chinese and Japanese developers
Japanese developers and private equity investors are looking to enter the Indian property market and could invest at least $2 billion over the next three years in residential as well as industrial projects, says Jones Lang LaSalle (JLL).
The realty consultant said that the country is emerging as major investment destination for Chinese and Japanese developers.
China’s biggest developer Wanda has signed an MoU with Haryana government earlier this year and more developers from China and Japan are expected to enter the Indian realty market, it said. Private equity investors from these two countries are also looking at entering India’s real estate sector, it added.
“Japanese developers are keen to explore strategic partnerships and enter into joint ventures with Indian builders, and are particularly interested in industrial projects. There is likely to be an inflow of at least $2 billion in investments from Japan into the Indian real estate market over the next three years,” JLL India Chairman and Country Head Anuj Puri said.
After 100% foreign direct investment (FDI) was allowed into the real estate industry, it was only a matter of time before foreign developers made big investment announcements, he said.
“One of China’s most prominent developers, Dalian Wanda Group, signed a memorandum of understanding (MoU) earlier this year with the northern state of Haryana to develop ‘Wanda Industrial New City’. The investment of $10 billion, phased out over the next decade, is a very significant outlay by any Chinese company in India,” Puri said.
Other Chinese developers are also interested in India and most likely to follow suit, he added. The RICS-JLL survey this January had shown that 62% of the respondents felt that institutions from Japan and China could come knocking to the Indian real estate market in 2016.
Courtesy – livemint.com
A wait for market conditions to improve further to transfer ownership to Reits could prove indefinite. The best time to get going is now.
It is time real estate investment trusts (Reits), investment vehicles akin to a mutual fund, took off. They now have a tax regime that suits their requirements. Timely launch will boost returns for Reits, help developers saddled with debt, offload inventory and reduce bad loans on the banks’ books. Typically , Reits own commercial properties such as apartment complexes, shopping malls, hotels, office buildings. Rentals from properties owned and managed by them form a substantial slice of their revenues. Reits will also help finance the physical infrastructure of India’s rapid urbanization.
The Blackstone Group and its partner Bangalore-based Embassy Group have reportedly hived off their portfolio of as sets into a separate company , which would be the first step to unlock value through a listing. Sebi has already put in place a robust regulatory framework for Reits.
Courtesy – ET Realty
A Dutch architect Wednesday unveiled a unique 3D printer with which he aims to construct a large building “without beginning or end” shaped like an infinite loop.
“It’s just like a normal printer,” architect Janjaap Ruijssenaars told AFP as he presented the tool he hopes to use to build what he has dubbed the “Landscape House”.
“But instead of putting ink onto paper, we are putting a liquid onto sand which solidifies wherever the liquid has been spread.”
Ruijssenaars, of Universe Architecture in Amsterdam, aims to print the Mobius strip-shaped building with around 1,100 square metres (12,000 square feet) of floor space using the massive D-Shape printer. Designed by Italian Enrico Dini, the printer can print up to almost a six-metre-by-six-metre square (20-foot-by-20-foot), using a computer to help build up fine layers of 5-10 mm (a quarter to half an inch) thick.
The machine is almost two metres long and has been set up in a warehouse in Amsterdam, where the final tests are being carried out before pressing ahead with the start of building.
“The ambition was to make a building that has an infinite structure, like planet Earth,” said Ruijssenaars.
“Planet Earth doesn’t have a beginning or an ending and we were looking for a shape that has the same quality,” he added.
“It didn’t become a circle but it became a very complex, Mobius strip which is a well-known mathematics figure which just has one side.” The ambitious project was first unveiled in 2013, and the team has been in touch with various partners hoping to be able to start construction “within the next few years.”
Courtesy – ET Realty
A delegation of Malaysian construction companies on Thursday called on chief minister Devendra Fadnavis and evinced interest in partnering with the state in the proposed infrastructure projects like Mumbai-Nagpur communication expressway and affordable housing schemes being planned in Maharashtra.
In the meeting held at Sahyadri guesthouse in Mumbai, the Malaysian company CIDB Holding’s chairman Dato Shree and representatives of several companies were present while Mumbai MP Poonam Mahajan, state officials Pravin Pardesi and Kaustubh Dhiwase also participated in the discussions.
Fadnavis told the delegation that the communication super expressway to be built at an estimated cost of Rs 30,000 crore has the potential to boost the state’s economic growth as it envisaged several growth centers on the route passing through 22 districts. The scope for investment is vast as the project was biggest of its kind in the country, he said.
Courtesy – ET Realty