Shoryapuram
- NH 24, approved by GDA - pre-launch of flats.
Global Economics Survey ranks India as the 6th most attractive investment
destination in terms of construction.
Current Requirement Scenario in India
Requirement of 4.5 million homes per annum and there is a lack of 22.5
million homes for consumption.
According to Ministry of Urban Development, the total housing requirement of
the country is 200 – 225 million units out of which we currently have just
170 millions. Therefore the shortage is of around 30 – 35 million units.
By the year 2020, we have to gear up 100 million additional houses.
Real estate development in India is estimated to be in the region of US$ 15
billion.
Growing at the pace of 30 percent.
100% FDI allowed in housing through Integrated Township Development.
Returns or income from real estate is much higher than other investment
options.
Fiscal year 2005-06 saw about 20% of Foreign Direct Investment coming to
India.
Introduction of real estate venture Capital Funds FDI in retail.
Lower Interest rates and easy availability of Housing Finance.
Off shoring and outsourcing business accounts for 10 million sq. ft. of real
estate development.
However, NCR is one of the exceptions in real estate market performance,
where property price have appreciated 20% – 30% over the last one year.
Central Park II
- Sector 48, Gurgaon. Launch time December/January 2005. 48 acres, 1600
apartments, 20 acres Green area, 56 Lakh Sq. Ft. to be constructed, designed
by HOK International, Hong Kong, Interior Designer Hirch Bedners. Sample
apartment construction underway. Pre –Launch Time :- October’05
Pre Launch deal: No Of Flats :- 500no’s, Price :- Rs. 2,050/- per Sq. Ft,
Area :- 2350 Sq. Ft (super Area), PLC :- Rs. 307 per Sq. Ft, EDC :-
Rs.2,35,000/-, Escalation Charges :- 3.36% of basic sale price, Parking
Covered :- Rs.275000/-, IBMS :- Rs.100pr.sq.ft
Read More
Top Life is a bank account - put
nothing in it and you get nothing out.
Our Brokerage: Rent: Equivalent to one month's rent : Sale: Equal to 2% of
the deal value. Service tax extra (10.2%) Short term let: 15% of the gross.
TDS on brokerage - 5.61% TDS on rent - 16.83%
Lease, sale, franchise, collaborations etc. Residential, Office, Industry,
Retail, School etc. Delhi, Gurgaon, Noida, Faridabad, Ghaziabad.
Email:
swagatamwebsite@gmail.comDisclaimer
