Latest Property News on 'Members Contribution'

Is the Real Estate Bubble Bursting?

WHEN BIG trees fall, they fall with a thud. The market is still reeling from the complete collapse in realty stocks over the last fortnight. And now everyone wants to know whether this was just a bubble and a passing fad.

As often happens with new things, markets in their love of novelty overestimate prospects and thus overprice assets. It happened with eyeballs in the Internet dotcom craze and it has happened here with land bank values for real estate stocks. Back in September when the real estate frenzy was unfolding we heard DLF will do an IPO with an ascribed market cap of over Rs. 100,000 crore, as it had a strong land bank. Read More »

Why should I invest in Goa?

Goa – India’s ‘must see’ destination is fast becoming a ‘must have’ for tourists who want to own a permanent place under the Goan sun. Goa’s alluring beaches and palm fringed countryside has so much to offer that one cannot have enough of it, and for every tourist, it’s a case of “yeh dil maange more”!

And what better way to get that ‘more’ than owning a slice of that paradise? From modern apartments to quaint Portuguese villas, Goa has every reason to be a sound place for investment. You will be spoilt for choice with the range of residential properties that Goa has to offer – from Aguada Anchorage’s immaculately furnished detached villas adjoining the Fort Aguada resort to the Three Kings sea front project on Quegdevilim beach Read More »

Changing Face of Faridabad

Faridabad has a multitude of multinational companies and small industrial units, yet the city appears to be a neglected part of the National Capital Region (NCR). Although, the development activities in Faridabad is moving at snail’s pace but it will surely emerge as the hub for commercial as well as retail spaces.

Faridabad has been catering to the residential requirements of over 11 lakh people, and more than Rs. 3,000 crore are to be invested on its major facelifts by the year 2010. As such, Faridabad residential property has been grabbing the attention of more and more people. Situated in proximity to the Capital city, Faridabad enjoys several advantages. With soon to come up Badarpur –Noida express highway, the city would improve its connectivity to Noida as well. Read More »

Real Estate BIG Players Look for Business in India

Capitaland, Southeast Asia’s biggest developer is planning to double its real estate investment trust (REIT) portfolio to 10 by 2010, and is looking for new business prospects in China, India and Malaysia.

The group, which reported a record profit for last year, owns five REITS, including retail-based CapitaMall Trust and office-based CapitaCommercial Trust, with exposure to countries such as Singapore, China and Malaysia. Read More »

Today’s Scenario or Corruption’s True Face

Special Economic Zones (SEZ’s) - Local regimes are buying off HUGE tracts of land from farmers. How? By banning the farmers from selling to anyone else, except to the regime in question, by invoking ‘Security’ and other words in their new rules Then the same regimes are selling off HUGE PERCENTAGES of their respective States, by directing dealing with MNC’s and big money holders. Next, with this kind of money power, MNC’s can build big properties very cheap, due to their economies of scale.

A layman’s view to this is:
- you buy 10 bags of cement from the shop, & pay say Rs. 100.
- but MNC buys 10,000 bags of cement direct from the factory, then they pay say Rs. 50 or even less! So basically, what is their aim?? Read More »

How to buy an apartment in India

Whether it’s a condo, a bungalow, or an apartment, the old saying “A house always gives a sense of belonging” seems true for all. Your home is a valuable possession and can be the reward of year’s efforts which makes it more precious. The article sheds considerable light over the tips that you must not forget while purchasing your home sweet home.

Here, I m talking about apartment or flat (as commonly refereed) buying tips as they have become a distinguished form of housing accommodation in virtually most major areas in India. Featuring technical and economic advantages, high rise flats have undoubtedly become more popular again. Read More »

Are Indian skyscrapers protected against Earthquake?

An earthquake is the most extreme condition that any building may be required to survive during its lifetime. To survive the natures might safely and surely also poses the greatest challenge to the architects and structural engineers. However the modern day technological advances in the earthquake protection industry have made the solution once considered un-surmountable a reality.

Today most medium and high-rise buildings in India are following Life-Safety Design, more popularly referred as Earthquake Resistant Design for protection against earthquakes. The earthquake will structurally damage the building and incase the damage is above a threshold level there would be no option but to demolish and re-construct. Read More »

Noida’s Real Estate Graph – What turn will it take?

Noida, NCR’s flourishing IT and residential hub shot into the limelight on December 29, 2006 with the serial killings case in Nithari, one of the township’s adjoining villages. Horrified and shaken, Indians are yet to recover from the macabre tales that made headlines for days.

The gory stories emerging from Nithari have brought to light the apathy, unaccountability and sheer brazenness of the police force. The role of the police in controlling crime, and maintaining vigil to provide a secure environment has always been in question, but firm and severe measures have to be taken now to prevent similar incidents in future. Local NGOs like the Manav Sewa Samiti have brought up issues of security and civic conditions in Noida with the authorities. Read More »

The Lifestyle Quotient

The Indian middle class is aspiring to live like the maharajas once again! Only difference is, this lifestyle was the privilege of the handful of nobles then – but it’s a lifestyle well earned and deserved for the middle class now.

The concept of luxury living till the last decade was associated with celebrities– industrialists, ex-nobles, and the film stars. When real estate started picking up, builders constructed luxury projects for the elite and began to come up with high end projects like NRI cities and townships to satisfy all the cravings of a luxurious palate of high middle class. Read More »

Faridabad – the next hottest destination of NCR

Better known for its annual Suraj Kund Mela and perhaps the Badhkal Lake, Faridabad chose to step aside and allow neo-cities Noida and Gurgaon to hog the limelight in the last few years. Content with its status as an industrial and residential satellite town for those who could not afford Delhi land rates, Faridabad made no attempt to woo the IT and MNC s setting up base in its neighborhood.

Real estate in Faridabad has thrived in spite of this indifference. In fact, Faridabad is being touted as NCR’s hottest property as new areas of land and improved connectivity with other cities is being strengthened. Read More »