India New Property - The Blog purpose is to share the information related to residential projects In India.
06 March 2015
05 March 2015
Godrej Serenity Chembur Mumbai
Situated in Chembur Mumbai, is Godrej Serenity, one of the prime projects by Godrej Properties which offers spacious and lavish flats and penthouses equipped with numerous facilities.
Price: Rs 3.48 Crore Onwards
Units: 3, 4 BHK Flat
Size: 1422 - 2006 Sq. Ft.
Possession: Under Construction
LOCATION ADVANTAGES
> Located off Mumbai-Navi Mumbai-Pune Expressway
> Eastern freeway connecting Colaba to Chembur
> Close proximity to BKC, Navi Mumbai, Central and South Mumbai
> Monorail from Jacob Circle to Chembur is under construction
> New Airport development at Navi Mumbai by 2014
> Easily accessible from Dhirubhai Ambani Knowledge City (DAKC)
> Santacruz Chembur Link Roads to Link Western Suburbs to Chembur (SCLR) will be ready in near future
Godrej Properties: Godrej Builders is among the most trusted construction companies in India. It was established in the year 1990 and is today spread across 10 cities in the country. Godrej Developers is known for its unique and creative designs that when combined with transparency and highest quality crafts a masterpiece.
04 March 2015
EON HOMES, HINJEWADI PUNE - 22 Acres - 12 Towers
Eon Homes comes with a lineage of one of the finest names in real estate development in Pune. It has been conceptualized by Panchshil who have to their credit some of the most amazing projects. Eon is developed by Kasturi who have given Pune fine landmark residences such as Apostrophe & The Balmoral Estate and some of the most iconic projects in Pune along with Siroya FM from Mumbai.
EON HOMES DETAILS:
Project Area: 22 Acres
Towers: 12 Towers
BHK: 2 & 3 BHK
Size: 914 - 1645 Sq Ft
Possession: Dec - 2016
Eon Homes is located in the largest Western Suburb of Pune – Hinjewadi. Located in the proximity of almost every leading IT player in the Indian industry,Set on a verdant 22 acre campus at one of the most scenic locations in Hinjewadi Phase 3, Eon Homes is a sight to behold. This is a complex of 12 towers of 20 storeys each having extremely well-planned apartments on each floor. The architects for this project have left no stone unturned in ensuring that your Eon Home will be picture perfect.
Eon Homes is easily accessible from the Mumbai Pune Expressway, through approach roads via Baner and Wakad. A short drive through the well-constructed 4 & 6 lane concrete roads and the rapidly developing phases of Hinjewadi shall bring you to the Eon Homes site, right next to the Tech Mahindra Campus in Phase III.
Brigade Omega by Brigade Group In Bangalore - New Tower
Brigade Group, one of India’s leading real estate developers, announced the launch of White Mist, a new premium tower of Brigade Omega that will face the Thurahalli Forest in Banashankari 6th stage, Bangalore. This is a project that promises ultra-modern amenities and luxuries to its occupants while giving them the chance of communing with Nature.
Brigade Omega is one of the residential development of Brigade Group, located in Mysore. It offers spacious and skillfully designed 2 BHK, 3 BHK and 4 BHK apartments, with area range between 1290 - 2390 sq ft. The project is well equipped with all modern amenities and 24X7 security service to facilitate the needs of the residents. The Omega Price begins from Rs. 75 Lacs Onwards.
Brigade Omega Facilities
- Parks and open spaces
- Clubhouses with gymnasium
- Swimming pool
- Indoor games and recreation rooms
- Party area
- Badminton court
About Brigade Group
Brigade Group commenced operations in 1986, and over the last two decades has evolved into a brand that is synonymous with Innovation, Quality, Trust and Customer Satisfaction. Headquartered in Bangalore, Brigade Group has a network of offices across South India, an office in Dubai, and is represented in the USA by an accredited agent, Legion Real Estate. Brigade Group’s portfolio includes residential, office, retail, hospitality and education.
02 March 2015
Roti, Kapda, ‘Makaan’ to become reality after Budget 2015
The Real Estate sector has been volatile since a very long time and 2014 witnessed a drop in investor sentiments. The government has been successful in getting the real estate sector back on track in 2015. In his interview with 99acres.com, Sam Chopra, founder & chairman, RE/MAX India says, “With the upcoming Union Budget 2015, the real estate industry is expected to witness significant changes.” Edited excerpts -
What are the expectations for the real estate sector from Budget 2015?
For now, faster approval of projects is the biggest expectation from the developer’s community. This would cut short project delays and ease the capital investments required for timely project development.
With the introduction of supportive policies such as removal of multiple taxes, lowering of interest rates, reduction in prices of the raw materials, execution of Real Estate Regulatory Agency (RERA) and Land Acquisition Rehabilitation and Resettlement (LARR) to bring in structure and transparency in the sector and reduction in the minimum built area of projects, the developers can expect that the government is making ways to end the sluggish patch of the last two years and, thus, have a quick recovery of the sector.
They can also expect Budget 2015 to open avenues for quality investments into the sector and have a favorable impact on the sellers as well as buyers.
What are the roadblocks that will be faced in achieving Housing for All?
The Indian Realty market has an acute shortage of housing. Though there are a number of stake holders involved in this process to provide housing; the ultimate responsibility lies with the Central government. Since the Government cannot solely provide “Housing for All”, it needs to attract private developers. For that, developers should get the required funds to be able to construct and deliver.
It’s time to make practices such as licensing, training, expertise to monitor the technical and the financial developments of the projects and government intervention to regulate the investment activities come in action. The high land cost, delays in the approvals of the projects and the lack of a regulatory authority to streamline and review the development processes are some of the major roadblocks to the development of Affordable housing in India.
For a developer, what are the requirements to offer affordable housing to consumers?
The concept of Affordable housing is generic and is interlinked to a number of factors such as the income level, the kind of comfort, facilities, standard of living and amenities offered in that price range. In addition to all these factors, another parameter that plays a vital role in the sale of affordable housing is the target customer. For the low income category, affordable housing will be a dwelling that costs between Rs 7-12 lakhs, whereas, middle income category can look up to affording a flat within a bracket of Rs 25–30 lakhs. Thus, first the demand and the sale of such houses has to be determined by keeping all the above factors in mind and then only we will be able to take some positive actions to cater it to its actual takers.
Affordable housing has a potential to attract a lot of buyers and investors. The realty majors who previously focused only on mid-income and high-end housing projects are seriously looking at building up their presence in affordable housing as well.
What efforts, according to you, have been made to achieve this up till now by the Government?
The announcement of “Housing for All” by 2022 by the Modi government has set the ball rolling to get the concept of affordable housing in full swing and bring back the realty sector on track. With schemes like tax incentives on home loans, initiatives for Public sector participation for supporting housing for all, single window clearances for buildings and lay-outs; real estate will definitely get the required push. Increased interest rates to Rs 2 lakhs from Rs 1.5 lakhs on home loans could get the young working class of India to look up to owing a house of their own instead of renting one.
The large scale development of Affordable Housing requires a lot of funding and with a structured framework and strong coordination between the Centre and State, the Government can help the developers in implementing their business models around this.
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