Wednesday, 25 May 2016

Why To Choose OMR As Your Residential Area

The OMR or the Old Mahabalipuram Road is one of the most popular suburbs of Chennai. This place has experienced real estate boom like no other. The main reason is because of its close location to the IT hub. Till now, there have been commercial projects developed in this area. However, the builders are now keen on developing an array of residential projects to cater to the need of the residents. Moreover, this stretch of road is being developed in a six lane road and that is adding on to its popularity. In the recent future, this place is expected to see a huge growth in the aspect of residential real estate.

Job and career opportunities

Being located at a close proximity to the IT industry it is no doubt that there are various job opportunities that can be provided by this city. Moreover, the infrastructure regarding the educational system is quite strong in this place. There are many reputed school that provides the students with the state-of-art educational facilities. Also, there are various colleges from where the residents can take their pick. To further enhance the education facility, one can find an array of coaching centers on the IT subjects and others. This place is the home for most of the people working in the IT sector. This has given rise to an urban lifestyle and thus bringing an enhancement in the demand for the property.

The specialty of the projects

There are various reputed builders that have shown keen interest in this place. Now, that has helped in development of high quality projects in this place. There are various kinds of projects that can be found here. There option of luxurious apartments, as well as, affordable apartments is presented in front of the buyer. The apartments are available in 1 BHK, 2 BHK and 3 BHK. Also, there are bungalows and individual houses to choose from. The specialty of the projects is that they have a very high quality build. The price of the apartment starts from about 1,800 INR per sq feet and goes up depending on the project you are selecting. There are various facilities that are provided in the projects. The projects provider the residents with the facility of power back-up, gym, indoor games, clubs and many more.

The social and physical infrastructure

This place has all the facilities that are needed for having a smooth and comfortable urban life. This region is closely related to the railway station. The road communication of this place is designed in a very proper manner. The bus stop is one of the largest modes of communication for this place. There are branches of leading banks all about the city. Moreover, the ATMs are built in a close proximity to provide the resident with complete support.

The call for the civic issues

Well, no place can exist without any problem. The build of the expressway is a little slower because of the land acquisition problem. However, problem will soon be dissolved to bring in even more development to this place.

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Tuesday, 24 May 2016

How to Lookup for A Good Apartment

Living in an apartment can have many benefits over other alternates, like you can rent your apartment if you have multiple apartments or you can live accordingly with your family. However, if you don't choose an apartment wisely, then there is a possibility that you could forgo additional benefits and end up in an awkward or undesirable situation.

There are some things which a buyer should remember before investing their money in Apartments. As Real estate investments are not frequent and most of the people prefer one time investment.

A buyer should survey about the neighbourhood and locality. There are some flats in Bangalore which are beautiful and well planned from inside and within the boundaries. But from outside they are surrounded by some slums or suburban areas which hamper their looks and infrastructure. Sometimes, some apartments are near to industrial areas just because of this residents are annoyed due to the movement of machineries and clogged parking spaces. It is recommended to look out for the surroundings of residential properties rather than blindly following the attractive brochures and advertisements.

Finance approval
Purchasing a flat is not an easy task in terms of money and labour. It takes a huge labour to research on the current scenario of real estate world and then to take a decision for a property. It's like a circle for some buyers' real estate investments in Bangalore are available on finance facility. For your investments banks provide easy loans on the basis of instalments. Sometimes it happens that people in hurry go for some apartments and later they are disappointed because of the disagreement of approval from the bank. It's an exceptional case that people go for direct cash payment while purchasing a property. Most of the people prefer loan facility from banks and every bank do not support every real estate builder. So, this is the first and foremost task to be completed before finalizing a home. 2.5 BHK flats in Bangalore are easily available on loan facility by most of the leading banks.

Not each and every amenity is useful and not each and every amenity is available from the real estate developer's side. In some cases real estate developers plan to build an amenity and later they discard the idea, to check this, it is always recommended to keep an eye on your favourite amenity. For example, fitness is your first priority and you're attracted by the graphic images and plans of gymnasium and Fitness Park, so you can visit the site time to time and keep a check on the proceedings regarding your particular amenity.

People prefer housing societies and apartments rather than their self-constructed homes, the reason being the neighbourhood and security. If your chosen apartment is on the remote area from city then there is probability that it could be less secure then those apartments which are located in the centre of city. Just keep a check on the distance between your home and police station, hospitals so that in future you do not have to wait for any emergency rescue team.

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Friday, 20 May 2016

Real Estate In Bangalore Gives Huge Returns

Even when real estate India was facing a slowdown the real estate in Bangalore was resilient. Huge job opportunities and infra development has made sure that real estate Bangalore never faced a slowdown. Infact on the contrary some place saw a huge price appreciation. Apartments in KR Puram have given a huge price appreciation in the last few years. Apartments in KR Puram has become popular choice among investors and end-users alike. In the past two years flats in KR Puram have given a price appreciation of about 40%. The average prices of flats in KR Puram were approximately Rs 5,900 per sq ft in 2015, whereas in 2013 it was just Rs 4,252 per sq ft. Real estate experts recommended investors to hold on to their apartments in KR Puram as price appreciation here will be much higher than the city average.

Apart from flats in KR Puram other popular areas in real estate in Bangalore are CV Raman Nagar, Hennur Road, Marathahalli, Bannerghatta Road, Electronic City, Kanakapura Road Hoskote, New Tippasandra, Rammurty Nagar, Whitefeild, Outer Ring Road, etc. Real estate Bangalore has long attracted investors from all across the world.

The city is also witnessing a lot of other development such as Outer Ring Road, Peripheral Ring Road and extension of Namma metro are also expected to fuel the real estate Bangalore. Compared to real estate India the real estate Bangalore is doing well as affordability and end-users define the market. With borrowing rates coming down it is expected that the real estate Bangalore will see a further rise. Unlike other parts of real estate India the properties here are still very much affordable by end-users. Although experts don't deny the existence of investors but the real estate in Bangalore caters majorly to end-users. The builders too enjoy the high absorption rates.

The developers offer various types of properties from penthouses, row houses, villas to flats and apartments. One can buy affordable flats to plush ultra luxurious apartments in a posh neighborhood. Real estate in Bangalore offers plenty of options to all. If one is looking to buy a steal deal he will have to invest in an under-construction project in the city. End-users might want to invest in ready to move in properties as they would prefer to put aside possession delay problem as they would don't have to borne the double whammy of rent and EMI.

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Tuesday, 17 May 2016

Reasons for the Demand for Villas in Bangalore

In recent times, Bangalore has been the top real estate destinations in the country to invest. The metropolis has been witnessing a heap of residential project launches in the past two years. Apart from residential apartment projects, the demand is also high for residential villas in Bangalore. In the past one year, the city has witnessed the development of more than thirteen villas projects. Owing to the presence of many IT bigwigs in the city, the income level of working professionals has remarkably grown in the city. As a result, the demand for residential villas has raised up in the metropolis.

Some of the major areas that are seeing a good demand for villas include Whitefield, Marathahalli, Jigani-Anekal Road, Nandi Hills, Haralur Road, Yelahanda, Devanahalli, Old Airport Road, Bellary Road, Sarjapur and Sarjapur Road. Due to various advantageous factors on these localities, the price of the properties has seen a good appreciation in recent times. Especially, the demand is high for villas in Whitefield owing to its good connectivity and proximity to IT hubs. Besides, Whitefield has been the premium destination in Bangalore among the high-income groups.

The residential developers in the city indicated that the demand has increased significantly for the villa projects in Bangalore. Particularly, the demand has picked up in North Bangalore due to the proximity to the Bangalore International Airport and good social infrastructure. According to the recent reports, there will be 2 to 3 housing units were sold per month in this region, as per the residential developers who have their ongoing villa projects in the city. Alongside, some of the developers also reported that the sales have been high in the areas such as Whitefield. In the locality, the luxury villa projects that are priced between Rs 7.5 crores - Rs 9.5 crores have witnessed an increase in the absorption. Eventually, this has encouraged the builders to developer more residential villas in Whitefield, Bangalore.

Further, most of the builders developers the villas with the international amenities that meets the requirement of modern living. From health clubs to indoor swimming pools, the residential developers builds the projects with all the facilities. As the number of HNIs was increasing in the city every day, the builders ensure that they build projects with premium facilities. The prices of villas ranges between Rs 7.5 - Rs 8 crores in the suburbs of the city such as Devanahalli, Whitefield and Hebbal.

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Monday, 16 May 2016

FAR Change To Impact Bangalore Properties For Sale

Bangalore properties for sale have attracted alot of customers in the past few years. Bellandur property as well as Haralur Road flats is garnering a lot of attention from the buyers. This prompted many builders to build a number of floors and flats for sale in Bangalore. But this is likely to change as the Bruhat Bengaluru Mahanagara Palike (BBMP) is planning to issue a flat to round off the Floor-Area Ratio (FAR) to the lowest available on the stretch. If this is implemented then there might be a reduction in high-rise Bangalore properties for sale.

Currently, inspite of having varied road widths of the same particular road, developers are able to enjoy a FAR so they can build more flats for sale in Bangalore. The Municipal Corporation does not want to entertain any ambiguity. The Municipal Corporation is authorized to sanction the construction plan of property in Bangalore for sale. In the last few weeks the agency noticed that builders of property in Bangalore for sale are creating confusion in an attempt to get higher FAR so that they could construct more apartments for sale in Bangalore. The civic authority has therefore decided to bring a uniform road length. But this move is not being welcomed by the builders of apartments for sale in Bangalore as they will not be able to enjoy a higher FAR.

Bangalore property for sale like Bellandur property as well as Haralur Road flats are in high demand. Inspite of a slump in the real estate market there is a huge demand for Bangalore property for sale. Property in Bellandur and flats in Haralur Road are seeing a decent sales movement and therefore many builders were keen to launch more projects offering apartments for sale in Bangalore. To garner more profits they used make high rise building, but the recent BBMP decision has dampened their spirit. Many builders of Bangalore properties for sale think that the decision is unfair. Many builders have stalled their project launches as they feel that their property in Bangalore for sale might not earn the profits as they have expected or projected. Since lesser number of floors would be constructed they will be lesser number of Bangalore property for sale which will directly impact their profits. Only time will tell how this decision will impact the sales of flats for sale in Bangalore whether it will increase the demand or reduce the realty rates in the long run.

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Wednesday, 11 May 2016

Apartments in Chennai with New Residential Projects by Property Developers

Biggest commercial center of Tamil Nadu, Chennai, is a hot spot of realty. Excellent infrastructure, super connectivity, and IT presence have remained the major contributing factors for the same. At present, several high-end real estate projects are on cards, and are slated to further strengthen city's hold over property market. Some reputed developers such as Indiabulls, Unitech, Tata, DLF, and Zircon Builders have launched their prestigious residential projects across its different localities. The article throws light on some of these realty projects that have been launched some time back.

Indiabulls, India's premier developer, has launched a luxury project named 'Indiabulls Green' over OMR(Old Mahabalipuram Road). Offering 1-4 BHK properties in Chennai, this project offers residential spaces in 647-2570 sq. ft. area segment, and fall in the flexible price bracket: 26 lakh-1.26 crore. The units, offering all the avant-grade amenities, shall be available for occupation by 2016. DLF, another real estate giant, has launched its Garden City project that comprises of high-end integrated townships spread over 21 hectares. Located on the Knowledge Corridor, OMR, the project offers 2 BHK properties worth 50 lakh. Commander's Court is a premium residential project of DLF at Egmore. Priced at aroud 2.8 crore, the project encompasses 3 BHKs sized 1576-1696 sft.

Unitech's Unihomes at OMR comprises of two bedroom apartments with area falling I 700-715 sft, and available at an affordable price segment: 23-25 lakh. The apartments in Chennai are situated over Mallambakkam and have been constructed over 12 acres of land. Godrej Properties' Palm Grove is residential project targeting mid-income buyers. Sized anywhere between 1189 sft and 1489 sft, the units are 2 and 3-room flats. The units shall be available for buying by September 2014.

Tata Housing's Tata Santorini project in Poonamallee offers 1, 2, 3 BHK properties in Chennai. Santorini provides concept houses with Spanish life style. The apartments with area in 576-1386 sft bracket shall be available for possession by December 2016. Hiranandani Upscale is a luxury project with 2, 3, 4, BHKs built over 110 acres. Valued between 45 lakh and 2.2 crore, the residential units have been laced with modern amenities. Another major developer that has launched a series of residential projects in Chennai is Zircon International. Its Zircon Towers is a set of two room flats with different sizes. The project is located over Adyar and offers units with area anywhere between 340-1225 sft. Several local developers too have launched their residential projects along OMR and Adyar.

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Tuesday, 10 May 2016

Choose The Best Builders When You Are Buying a Home

You need to know the details about your buy before you complete it. It is absolutely critical that you know which are the best builders present in the market before you think of making a purchase. There are a host of products available in every market today and it makes a lot of sense to buy a property today because of the amazing value addition that you get. There is no doubt that there are many builders in a crowded market, but can you think of them as the best just because of that? Seems unlikely. Because of the difference in the number of builders that are preset today, you would be able to reach out to so many of them to really understand which of them would give you a real advantage considering the money you have invested in a property. There is a dire need for a genuine builder and that is exactly what Valmark does.

They are a group of builders that understand your business well and hence are able to give you value addition like no other. They reach out to you and make sure that the value addition you get is the best and that not for a moment would you be out of place. The investment market is huge in Bangalore today and you need to know how to understand the market better than the rest. It's a challenge to find the best builders in Bangalore today, but with a builder like Valmark around, you can be assured of fantastic service. That is one of the biggest advantages today in a big market and it will keep you driving for a very long time. Gone are the days when you would be able to understand a home and its benefits from just taking an assumed guess. You have to understand the different places of investment and how you can be of a quicker support system to the buying cycle. Remember that you are able to take value addition of this sort today only and that might be the case for not too long.

With so many builders in the Bangalore city, there are very less builders out of them that have such great projects in the past. Investing in these properties today would be a great idea only because of the prospect of making huge profits. There is a sure shot advantage for you keeping in mind that you can make a profit only by investing today and selling after. That would give you a positive on your financials. It is only a home like this that would truly give you the chance to own something that is yours forever. All of us want to buy a home someday in life. Can we all get it? It does take a lot more than just money that is made today and it requires a massive idea to earn money of this sort.

Today when you are able to get such profits from such a quick investment, you are able to take good value add for it as well. That is the first reason you can get to push to through such an idea, you would be able to get so much money that comes from such simple profits, and this money is created from investing in the best builders in Bangalore. There are so many big builders who have made great projects in the past and that is the first thing you can see and choose your home, they will show the different quality homes that have been built and thus you would know the best builder to put your money and trust into.

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