Wednesday, September 16, 2009

DLF to Adopt New Pricing Model for Property

DLF,the country’s largest real estate company is going to adopt a pricing model that resembles book-building in initial public offers (IPOs) of shares, using a process to test the market while pricing.With an uncertain demand situation in the real estate industry, pricing practices are taking a novel turn. Only the style is informal unlike in shares, in which a price band is set and formal offers are invited. The company which earlier used to set property price internally is now surveying buyers to arrive at a price for forthcoming projects. DLF’s authorised brokers and property consultants are collecting feedback from prospective buyers on what should be the price of the project by sending out mailers, text messages and in some cases, making personal visits.

“The purpose of the survey is to decide how many flats to launch and set good prices, which are attractive and value for money,” said Rajeev Talwar the executive director at DLF.

Tuesday, August 4, 2009

Uplift in Commercial Realty

The commercial real estate market is slowly reviving as higher government incomes and an improving economy are prompting customers to invest in market.

Many builders, instead of selling their property, are signing rental deals. In one such deal, global consultant KPMG signed a deal with Lodha Developers for renting out a 130,000 square feet property at Mahalaxmi in central Mumbai, for a monthly rental of about Rs 160 per square feet.

The company has 5 commercial projects in Mumbai, in areas like Parel, Worli and Thane. In one such deal, Lodha also bid Rs 710 crore for NTC’s 10.3-acre Finlay Mill land in central Mumbai.


Thursday, June 11, 2009

Home Sales Improving In India


Home selling in India is seeing an upward trend in some parts of property markets, but property experts say recovery has some distance to go. Buyers in India are waiting for more price reduction.

Developers have resumed their construction work after a long gap and are concentrating on cheaper projects to beat credit crunch. Chairman of Axiom Estates(a real estate agency),Rajesh Goenka, said that though the trend is improving but recovery might take few more months. Real estate developers have spent many months lying low because of high interest rates and economic downturn.

Home sales have not spread evenly across all the regions, even though the prices of real estate have been low by 30-40%.

According to home buyers, the rates have not fallen as much as they have been estimated to have. Developers have hopes that prices will continue to remain firm and investors are hoping for good return in rates.

Wednesday, June 3, 2009

Property Rates in Gurgaon see a Temporary Slide

The rising interest rates have contributed heavily, to the pulling down of property rates in the bustling city of Gurgaon. This is a phenomenon that has reverberated across the NCR; however, Delhi has seen an appreciation in prices.

In most cases, the prices of the secondary market are lesser than the ones in the primary market. The cost of investment has increased as the interest rates have risen. The problem is that investors are unsure of their returns in a short period and in the suburbs the returns on property investment within a one year period are almost zero.

However, for those looking to invest in property in Gurgaon and willing to stick it out for the long term; this might just be the best situation on offer. Industry experts suggest that this is a temporary slide and the property prices would increase, after things have settled down.

The trend is not visible, when it comes to commercial space and demand for such properties is increasing day-by-day. The profits have seen a substantial increase, which means that investors have begun to eye the commercial estate in Gurgaon, with more of an eager eye than before.

After all, Gurgaon is one of the fastest growing cities in India, and its makes great investment sense to purchase property in this City.

Good connectivity is fast becoming one of the core competencies of Gurgaon. It is well-connected by road to Delhi and NCR, which has contributed in a major way to the burgeoning growth of the Gurgaon City .

Source: http://www.gurgaon.co.in/articles/gurgaon-properties.html



Technorati Profile
Add to Technorati Favorites

Friday, May 29, 2009

Search From all Kinds Of Properties

Propertydalal deal in all kinds of properties like buying, selling, renting of property, residential property, commercial property, office space, property on lease etc.

Featured Projects
Residential Property
Raheja Atlantis- It is directly connected from NH 8 and provides 3/4 BHK bedrooms. It has highly qualified professionals to meet the company standards, good construction, on time delivery and customer satisfaction.

SS Group- SS GROUP is building in nation’s National Capital Region and armed with one of the largest land banks in the region and is building an array of Residential properties, Office/ Commercial complexes and other infrastructure projects that are set to build upon global standards.

Ramprastha- The Ramprastha Promoters and Developers Pvt. Ltd., a name that is synonymous with quality buildings is proud to present its latest pride and joy.

Mapsko- Mapsko Casa Bella, a premium apartment at an affordable price with high-quality urban community living concept is located in Sec-82, right on NH-8, in the new residential sectors of Gurgaon. Casa Bella is spread over an area of 20 acres of nascent estate and located adjacent to upcoming Metro Station.

Eden Heights- Designed on sprawling 11 acres (approx.) of prime lanminutes away from Rajiv Chowk and IFFCO Chowk on NH-8, this paradise provides you a perfect space to live in.

Eldeco Aurum- Eldeco Aurum, is a symbol of opulence, of status and of the very best in living standards and is Located at a prime location in Greater Noida. Eldeco Aurum has been designed in such away to meet international standards of high-end residential development.

Aamantran- Convenient location and easy accessibility are the necessities of a city life. It's time to move in a well-structured living space located on prime residential land.

DLF- Find all about DLF Projects, DLF Constructions, DLF Malls and DLF Homes in Gurgaon,Chennai, Mumbai, Delhi, Hyderabad, and new DLF Projects in Ludhiana and Gurgaon...

Commercial Property
Vipul Builders- Vipul Builders Gurgaon has worked termendously for their real estate constructions.Vipul infrastructure developer has become synonymous with quality construction.

SRS Builders- The project offers corporates and BPOs large floor plan areas in a prime location with excellent access and parking facility. This project is on the proposed Delhi-Faridabad metro line.

SG Estate Builders- SG Beta Tower's primary focus is to suit the business requirements of today's world. So, it has designed corporate spaces where we create the right environment to clinch important business deals and to ensure that business flows absolutely smooth. The office space is well designed with all the right equipment from Vastu-designed offices, conference room, a relax zone, and state-of-the-art security systems etc.

Raheja Square- Raheja square is the commercial complex providing ultra-modern extension of Gurgaon at IMT, Manesar, Haryana, India. With an area of more than 2.5 lakh sq. ft. and a world-class infrastructure in place, Raheja Square is catering to a number of banks, such as ICICI, HDFC, Indian Bank with a host of other shops opening up presently.

Landmark Group- The Landmark group has carved a niche through its customer satisfaction approach and quality services. Customer satisfaction, product superiority, operational excellence and knowledge management have been the strongest values that landmark gives up to. It has paid up in terms of brand equity and phenomenal growth witnessed by its different business divisions in past years.

Palm Square- The Palm Square is located as a gateway to The Palm Drive. Gurgaon’s most wanted residential development consisting of premium villas, high-rise towers and a serviced apartment complex.

VXL Builder- VXL promoted by people with excellent experience in real-estate development, architecture, construction, international business, finance and marketing & distribution. All the names behind VXL represent excellence in their field who have been working since decades with accomplishments in their areas.