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Showing posts with label 4 bhk flats in dwarka delhi. Show all posts
Showing posts with label 4 bhk flats in dwarka delhi. Show all posts

Thursday, 17 December 2015

99acres tops real estate site hits

99acres.com, a property portal, announced on Thursday that it had maintained its position as the top website in the online real estate category in terms of traffic share, as per comScore.

Traffic share is calculated either on the time spent per unique visitor or webpages viewed per unique visitor. The company clocked a traffic share of more than 42% and 45% respectively.

"The comScore numbers are a testimony of our intent of providing seamless, quick, and high quality experience for our users. We will continue to innovate and offer cutting edge solutions to improve user experience in the future as well," said Sumeet Singh, Executive VP Marketing & Corporate Communications, Info Edge India.

Monday, 14 December 2015

5 positives for the realty market today

Chain reaction: The recent flurry of real estate activity in Mumbai could bring some cheer to the Delhi-NCR market but much of the supply is likely to be in the affordable housing segment
UP gets ready for affordable: The state government has launched the Samajwadi Awas Yojna scheme under which it hopes to develop about three lakh units. On offer are development and land use conversion charge waivers for the developer and no stamp duty for the buyer
Haryana takes the lead: Haryana’s affordable housing policy seeks to provide 1.25 lakh units. Builders taking up state housing projects are to be exempted from licence fees and infrastructure development charges

Current unsold inventory: The unsold inventory (in various of stages of construction) for the NCR and MMR at the end of September 2015 is 1,98,000 and 1,85,000 respectively, according to estimates by Knight Frank

Aravali foothills may be opened to real estate

Despite repeated tragedies that clearly illustrate the hazards of haphazard urban development at the cost of the environment — the Chennai floods being the most recent example — the authorities never seem to learn. The Gurgaon administration has asked the state government to leave the Aravali foothills and grasslands in the district out of the natural conservation zones, drawing a sharp reaction from the forest department and environmentalists who fear irreparable damage to the ecology.

READ ALSO: Aravali pollution: Activists take MCG to green court 

In a letter to the Haryana chief secretary, the administration has said classifying foothills and grasslands as NCZs is like "indulging in ecological intellectual fantasy" that is not in tune with urbanisation. It has also said that including them in the Aravali ecosystem would lead to confusion in the interpretation of NCZs. 

An official said the administration wants to define foothills as an area of 1 km from the base of the hills, though a final decision is likely to be taken at a meeting in Chandigarh on December 17. 


Saturday, 12 December 2015

How Startups Are Making Real Estate Businesses More Efficient

Advances in information technology have generated enormous efficiencies in many industries, including manufacturing, transportation, communications, entertainment, retail and financial services. Yet in real estate, the largest industry of them all, innovation has lagged as agents and brokers have been slow to adopt new technologies.

This is because real estate is often considered a relationship business. Indeed, the markets for commercial, multifamily and residential real estate could not function without networks of human professionals who have built trust working with each other over many years.

However, real estate also is an information business, where transactions depend on the steady flow of data between buyers and sellers, and brokerages with the best data ultimately make the most money.

There is no good reason for real estate businesses to operate without the benefits of faster and more accurate data, or the efficiencies afforded by workflow automation and online collaboration.

Fortunately, things are changing. On the consumer-facing side of the business, companies like Zillow, Trulia, HomeAway and Rent.com launched as startups in the early 2000s to provide online access to home and apartment information.

Meanwhile in the B2B arena, legacy software companies such as CoStar, Yardi and RealPage have updated their platforms to be more feature-rich and user-friendly, and startups like LoopNet (now part of CoStar) have democratized commercial real estate information by providing online access to buyers and sellers of commercial real estate nationwide.

Revised real estate bill can boost buyer confidence, help with faster grievance redressal

Over the last one decade when real estate markets in India saw a dramatic rise, home buyers were mostly at the receiving end. Lately, the biggest issue facing buyers is delays in completion of projects and in some cases builders cheating them of their life savings.

In its new avatar, the real estate regulatory bill will help change the current sentiment among home buyers, boosting confidence among them, say property market experts.

The Union cabinet on Wednesday approved 20 ma .. 

Wednesday, 9 December 2015

Dubai Real Estate Developer Says It’s Standing By Trump

A Dubai real estate developer that is building luxury villas and golf courses in partnership with Donald Trump is standing by the billionaire presidential candidate, saying his proposal to ban Muslims from entering the U.S. will not get in the way of their business projects.

Damac Properties is partnering with Trump because his organization is “one of the premium golf course operators in the world,” said vice president Niall McLoughlin in a statement. “As such we would not comment further on Mr. Trump’s personal or political agenda, nor comment on the internal American political debate scene.”

Damac is building the Trump International Golf Club as part of a mega-development on the outskirts of Dubai. The 42 million square feet Akoya district will also feature a cluster of Trump-branded villas alongside other high-end real estate.

The project is, in many ways, Peak Trump. In its Bugatti-branded villas, owners will be able to park their supercars in glass-enclosed spaces in the living room. “Cherish your car even when you’re not driving it,” read the ads. “Your guests can sit back and admire the unique centrepiece to your home.” Those who buy a Trump-branded mansion get their very own Trump Card, which “opens doors to a host of privileges.”

But Trump’s brand, in America and abroad, has taken heavy hits as his presidential campaign embraces bigotry and xenophobia.

Sultan al-Qassemi, a Dubai-based social commentator, said that while companies like Damac are likely bound by contracts that would be difficult and expensive to cancel, “they’re certainly uncomfortable” about Trump’s comments. As for potential Trump villa buyers in Dubai, “I wonder how many will feel comfortable enough to live in a community that bears his name,” he told the BBC World Service.

Commercial property in Varanasi for sale Buy commercial property in Varanasi Commercial property in Varanasi

After Cars, Quikr Promotes Its Real-Estate Vertical ‘Quikr Homes’

Classifieds, a newspaper segment that is either the most read one or the most abandoned one for select Indian households; read by the needy ones and ignored by rest of the population.

The sector underwent a complete make-over ever since classifieds went online. Reports suggest that between 2002 to 2012 newspaper classified ads went down to 71%, thanks to the Internet. Now another report says that the online classifieds industry, which was worth Rs 1,800 crore in 2013, is expected to go up to Rs 4,500 crore by 2018.

No doubt the online classifieds have grown, not just in figures, but otherwise also. Now classifieds are more customer-centric - they think of your ease; accessible - just a touch away and of course divided in various platforms - verticalized.

Quikr, one of the top industry players and also the architect of verticalization, which had popularized its 'Quikr cars' lately, is now taking up another vertical, 'Quikr Homes'. With the launch of two TVCs, conceptualized by Interface Communications, Quikr has entered into real-estate market.

The smart money is getting out of real estate

Real estate investing is all about timing, and Sam Zell knows this better than anyone.

He sold his real estate firm, Equity Office, to Blackstone Group for $39 billion near the peak of the market. This was back in February 2007—only months before real estate credit markets started to spiral out of control.

He’s doing it again.

At the end of October, his real estate fund, Equity Residential, agreed to sell more than 23,000 apartment units to Starwood Capital for $5.4 billion. The sale represents over 20 percent of the Equity Residential portfolio.

The fund plans to sell another 4,700 apartment units in the near future. Most of the proceeds will be returned to investors in the form of a dividend sometime next year.

Another real estate fund managed by Zell, Equity Commonwealth, has sold 82 office properties worth $1.7 billion since February. The fund plans to raise another $1.3 billion by selling off more properties over the next few years.


Tuesday, 8 December 2015

A $100 million home in Dallas: Is real estate at its peak?

ver wanted to buy a home with 11 fireplaces, 12 bathrooms and two "staff wings”? The price tag, which started out at $135 million, is now $100 million. This property is on 25 acres in one of the most prestigious areas in Dallas, Preston Hollow. Preston Hollow is home to such billionaires as Kelcy Warren, Ross Perot, Mark Cuban and a handful of other notables.

The estate is on such a large piece of land that the entire subdivision is named after the owner, Thomas Hicks. Upon purchasing this home, you would become neighbors with Thomas Hicks's longtime friend, George W. Bush. A sports tycoon, Hicks has been an owner of the soccer club Liverpool F.C., the Texas Rangers baseball team, the Dallas Stars hockey team and the Mesquite Championship Rodeo.

A $100 million single-family home is certainly a sign that the real estate market in Texas is at its highest point ever. The most expensive home ever sold (on record) was listed for sale at $30 million in 2009. Texas has a disclosure law, so the sales price is unknown. As of now, there are five listings in the city over $27 million.


Another active listing, located in Highland Park, sits on 6.138 acres and just took a massive price reduction to $46 million from its original listing price of $59 million. It is a single-family home as well.

When breaking down the comps for the $100 million estate you can see that a neighbor of Hicks had a price tag of well over $5 million, and it was on 1.1 acres. Another neighbor listed a home closer to $6 million, and it was on 0.85 acres. There is house right down the street from Hicks’s that is listed at $27.5 million. It is on 6.4 acres. These homes are not being sold for lot value, but you can start to see where this $100 million number came from. A 25-acre lot has never been for sale in Preston Hollow publicly.

Dallas is a booming city, and real estate investments are paying off. The relatively low cost of living and expanding job market have people flocking from all over the world. Even during the recession, the market stayed strong. Home prices, on average, did not drop as drastically as in other major cities. While certain neighborhoods were hit worse than others, this graph shows the Dallas market compared with other major cities.

Typically the real estate market is on a seven-year cycle. We are nearing that seven-year end point since the recession, and the bubble is certainly going to have to either deflate or pop in the near future. Dallas is a resilient city, and the tax laws in Texas (no state-level corporate or individual income tax) keep the economy flourishing and promote company moves to Texas.

Half of the 16 U.S. metro areas whose local economies grew at a 6% pace or better last year were in Texas. Toyota, State Farm Insurance, Liberty Mutual Insurance, and others have office deals totaling just shy of 8 million square feet, bringing 

Monday, 7 December 2015

Chicago Real Estate Market Update: November Another Down Month

It looks like the Chicago real estate market turned in another disappointing month in November. Home sales were down 1.6% from last year. Of course, the Illinois Association of Realtors will see it even more negatively in about 2 weeks when they report a decline of 2.0%. However, I'm thinking that these estimates might be off a bit. When I look back to last November's data it looks to me like either they pulled the data later in the month or there were just fewer reporting lags - i.e. the benchmark was higher than normal.

Nevertheless, the effect I'm worried about here is small and at best November was flat to last year. It's still clear that home sales have lost a lot of their momentum in the past few months. You can see it in the long term sales history graph below where all the November points are flagged in red and the light blue line is a 12 month moving average. Note that this November was lower than both 2012 and 2013.

Of course, none of this is a surprise in light of the extremely low inventory levels out there. How can you have strong sales when the shelves are bare?

The paradox of Indian real estate

India has a huge demand for houses. Industry experts peg this number at 50 million houses in next 10 years – urbanization as a trend has just touched the tip of the iceberg. At a fundamental level, the underlying drivers of demand are strong – key drivers being:

a) High population growth, unlike some European countries that experience negative population growth and have a difficult time filling out existing inventory

b) Population becoming more affluent i.e. more people getting more money in their hands to invest
c) Cities like NCR, Mumbai, Bengaluru see other factors that drive further demand; high immigrant population – with several 100,000s moving in and out of these cities every year creates churn and opportunity; also these cities see demand from neighboring states e.g. the people who can afford it, in let’s say UP, Himanchal, want a secondary residence in NCR/Delhi


Saturday, 5 December 2015

Real estate transactions, Dec. 6, 2015

Following are seller, buyer, property description and price of property. Note: price is an estimate based on revenue stamps that are bought from the county.

Rock Island County warranty deeds

Freeman, Carl Jr., Silvis, to Erickson, Robert D., East Moline; 2230 Merry Oaks Lane, East Moline; $165,000.

Bickett, Jonathon L. and Monica, Winnebago, Ill., to Johnston, Corey and Deborah, Moline; 331 16th Ave., Moline; $87,000.

Buckrop, Margery, Moline, to Nesbitt, Gerald and Sheila, Rock Island; 2804 25th Ave., Rock Island; $45,000.

Dowell, Christopher, Taylor Ridge, to Freyermuth, Mark, Taylor Ridge; 13818 143rd St. W., Taylor Ridge; $185,000.

Zerull, Joe and Erin, Geneseo, to Dial, Kimberly R. and Hurd, Morgan D., Moline; 1175 26th St. A, Moline; $110,500.

The Village at Deer Meadows, Moline, to Gary Hodge Inc., Moline; vacant lot, Silvis, Hampton Township; $28,000.

Kirik, Steven P. and Christina K., Bettendorf, to Perez, Anne and Tim R., Moline; 3419 49th St. and 4501 34th Ave. A, Moline; $231,675.

Ineichen, Craig J., Muscatine, to Leemans, Tom J. and Elizabeth A., Taylor Ridge; 9700 108th St. W., Taylor Ridge; $198,000.

Citifinancial Servicing, O'Fallon, Mo., to Slade, Steven and Jeannette, Bettendorf; 916 34th Ave., East Moline; $55,000.

Smith, Willis H. and Judith K., trust, Milan, to Falk, Alan and Christal, Hillsdale; 11601 3rd St., Milan; $175,000.

Vrombaut, Alan J. and Krista L., to Eads, Sarah L., Rock Island; 2441 McMillan Court, Rock Island; $67,000.

Al Rajhi Capital & Arcapita exit from ARC Real Estate Income Fund

Al Rajhi Capital and Arcapita announced the successful exit of ARC Real Estate Income Fund for a total transaction value of SAR 1.35 billion.
Since its launch in 2010, the fund acquired seven key high quality, income-generating assets in the logistics, warehousing and retail sectors, in the Kingdom of Saudi Arabia and the United Arab Emirates.

The fund was jointly sponsored by Al Rajhi Capital and Arcapita.

Commenting on the occasion, Gaurav Shah CEO of Al Rajhi Capital, and Atif Abdulmalik, CEO of Arcapita, said in a joint statement, “We are pleased with the performance of ARC Real Estate Income Fund since our investment five years ago and believe it was the right time to exit the fund to deliver maximum profits for our investors. Throughout its term, the fund performed well, maintaining full occupancy on extended term leases to quality tenants across its portfolio of assets.”

“In an extended low interest rate environment, the ARC Real Estate Income Fund proved to be an attractive and stable investment opportunity for its investors, delivering an average annualized yield of 7.2%, and distributing an annual yield in excess of 9% over the last two years. The fund delivered approximately 18% growth in net asset value during this term. The performance of the fund demonstrates the attractiveness of the KSA and UAE markets for the logistics sector as well as the expertise of Al Rajhi Capital’s and Arcapita’s fund managers in sourcing and acquiring investments for the fund.”

Friday, 4 December 2015

New rules for the old real estate game

In one of his essays, Paul Graham talks about schlep blindness in startups. Schlep is a Yiddish word that means a tedious or an unpleasant task. He talks about how great startup opportunities are lying unexploited right under our noses because the amount of unpleasant work they require is enormous. After having spent eight plus years pioneering online real estate in India, I’ve recently moved to building an online to offline business in the used car space, and in coming years, perhaps would be able to share which industry had more schleps to deal with!

How to Reduce your Home Maintenance Costs

Maintaining yourproperty in Dubai, whether rented or owned, is an important step that will prevent further problems from developing into something more serious over the years. By putting the effort in from the get go and getting to know your property inside and out, you will have the upper hand when it comes to cutting down on maintenance costs. By following these six simple steps, you can cut down the cost of maintaining your home:


Address Problems Sooner Rather than Later

Is that crack on the living room wall growing bigger by the week? Chances are it’s not going to stop. And that small leak you have put off fixing could end in a burst pipe and a flooded basement – disaster! Some small problems may stay small and will not escalate into anything serious, but others just might. By keeping an eye on pipes, cracks and other inconsistencies in your home you have a better chance of catching a minor issue before it becomes much worse.

Open a ‘Maintenance Fund’

Open an account specifically for maintenance costs, and each month deposit a budgeted amount of money into it that will cover your homes maintenance – painting the walls, cleaning the gutters, etc. The extra money left over will be there to cover any emergencies and will continue to grow for future use.

Read the Manual

Almost everything you buy comes with a manual, and each of those manuals contain valuable information about each appliance or product. Inside you are likely to find recommended maintenance work your product will need and instructions on how to fix common problems. If lost, manuals can easily be found online.

Create a Maintenance Schedule

Creating a maintenance schedule will ensure you don’t end up having too many jobs to do all at once. There’s nothing worse than feeling overwhelmed because you have too much to do and, I don’t know about you, but I end up getting nothing done because I am in a flat panic. Spread out all of your maintenance jobs throughout the year to ensure you get it all done in a timely fashion.

Use a Handy Man

There are certain jobs that need a professional. Don’t try and be a hero when it comes to fixing the leak in the upstairs bathroom, because there is a possibility that you could make it worse leading to flooding and a damp ceiling downstairs. A handy man will know exactly what to do, will fix it in half the time you could and there will be no accidents along the way.

Clean on a Regular Basis

Reduce the wear and tear on your home and appliances by cleaning everything on a regular basis. Wipe down your window frames, give your carpet a scrub and make sure to get into all of the nooks and crannies. By cleaning everything regularly the lifespan of your items will lengthen and you may find minor problems in places you don’t pay very much attention to.

Save for your Dream House with these Tips

Saving for your dream property in Dubai (or anywhere in the world) can seem like a daunting task. But what if I told you that it is a big task that can be easily accomplished by simply cutting down on unnecessary expenses and luxuries? Here are six easy ways you can save some extra cash to put towards the home of your dreams:


Get a Savings Account

Firstly open a savings account dedicated solely for you ‘dream home fund’. Separating your spending money from your savings money will assure that there’s no temptation to spend it and will help you stick to a budget.

Create a Monthly Budget Plan

Assess how much you (and your partner) make each month and make a realistic and honest budget plan that you feel you can stick to. Print out a checklist of your monthly expenses and check them off as you go through the month, this way you can see that they have been paid and that you’re on track.

Adjust your Utilities

This one is easy to cut back on. Instead of taking a ten minute shower, take a five minute shower. Switch off any lights and appliances you are not using and cut back on the amount of time you use your heater in winter (rather use a hot water bottle) or aircon in summer. You’re utility bill will be cheaper and you can put the excess money in to your savings account instead.

Don’t Eat Out as Much

It’s easy to give in to the temptation of fast food. Driving though McDonald’s is a quick and easy solution for dinner on the way home after a late night at work. But each take-away meal adds up, (normally to more than your groceries would) taking away precious pennies you could be saving.

Think About your Travel Costs

Petrol to and from work can be expensive, especially if you’re commuting a long distance five days a week. Opt to use reliable public transport (train or bus) instead, or start a lift club with other people in your area and share the cost between you.

Cut out Big Expenses

Swap your yearly island vaycay for a local weekend away, or put off buying that new car you’ve been eyeing up for just one more year. By cutting back on your big expenses you will be adding larger sums of money to your ‘dream home fund’ bringing you closer and closer to making it a reality.

Tuesday, 10 February 2015

Regalia Colors Housing - 2 BHK, 3BHK, 4BHK FLAT

Housing a Group Housing Society Launched a project in the upcoming FIRST SMART CITY OF INDIA located in L Zone (Next to Dwarka), Delhi. The City will be a showcase to the world with state of the art transport and infrastructure, Commercial, Financial and Educational Hubs, 24x7 electricity and water. Also, enclosing a link to a clip which can showcase you how its been planned. This is first of its kind development in the National Capital - Delhi. Thus a BIG TIME OPPORTUNITY for Consumers to"OWN A LUXURIOUS DELHI ADDRESS PROPERTY".


Availability Of Membership
Memberships shall be approved and allotted purely on a first come first serve basis.
Payment Schedule
  1. The payment shall comprise of two parts : Land Cost and construction cost.
  2. The Land cost amount shall be deposited at the time of booking along with application forms duly filled and accompanying documents. payment plan (CLPP)which will be designed and shared with all members prior to the commencement of construction.
  3. All members will be required to strictly adhere to the CLPP.
Cost Escalation
  1. The land Cost amount shall be fixed on date.
  2. There will no escalation with regards to the Land cost. The Construction Cost amount has been derived based on the estimated price of Construction materials in 2015.
  3. This estimate also takes into consideration the expert advice from the architects.
  4. However, if in case there is any major escalation in the cost of the materials, this will be incorporated into the costing which shall shared proportionately among members. The same shall apply in the case of any additional charge being levied by any competent authority.
Possession Time Frame
  1. Based on the current indications and actions by DDA it is estimated that construction will begin in 2015.
  2. The pace of construction is expected to progress swiftly and completion time frame shall be 36‐48 months from the start of construction but the same may vary depending upon the clearances and approvals mandated by law and the actions of DDA.
A member has the option to surrender his/her membership by writien application and the procedure of submission of respective documents will begin along with original share certificate.


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