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I Shield

Pre LaunchComplete due diligence of Property Title

Complete due diligence of License/ CLU approvals

Post Launch Monthly information about the progress of project specifically about client property status Monthly update on real estate market Expert advisory on home loan and taxation 3 escort during site visit Complete quality check on construction by engineers. Complete quality check on finishes Legal assistance during registration of property Legal assistance while signing agreement with developer. Assist in Resale and let out services Compliance and quality check before handover of keys of the property Property Management post handover at reasonable cost Free assistance by architect on color scheme of house House interior tips by Interior designer

Invest Business

Where to invest

Property Investments in India have normally been a gold mine for most investors. The growth and development of cities across the country have added fuel to the rise in prices across the country. According to a survey 65% of working individuals prefer real estate as a mode of long term investment.

Property prices in India have increased by 16.5% in the last year according to a study by Makaan.com. The question now for investors is how best to benefit from investments in realty; whether to look at investments directly in property or route the investments to real estate companies that are listed on the stock markets.

Maximize returns

Real Estate investment in India, we find that the land value has appreciated nearly 7 to 8 times since the beginning of the new millennium. Which is 5 times higher appreciation than the gold prices appreciation in the corresponding period, and hence, clearly makes Real Estate Investments as the most lucrative investment option in the Indian market scenario today.

People, who are looking forward to put their money in Real Estate investment in India, and those who are holding properties in the hope of getting bigger appreciations, must not panic and look out for some key factors before deciding upon their next course of action. Here is a checklist that people must not forget.

We will be able to help you for the following:-

Choose a Real Estate Consultant who is well aware of the areas topography. Opt for only those Real estate Investments that are free from any legal disputes. Check the past record of consultant before hiring one for your Real Estate Services. Avoid deals that sound too hard to believe! Lesser profit is still better than all lost. The areas to target would be satellite towns located across the metro towns of India, and

upcoming mini-metros, which are fast becoming the hub of IT and related industries.

Just keep an eye on the above-mentioned factors that we have mentioned in the checklist, and we are sure you will have plenty of reasons to smile with your investments in the Indian Real Estate Sector.

Risk free

Buying property? Beware of speculative markets

In a speculative market, the end-user interest is low, resulting in apartments lying vacant or yielding low rental income. Investing in areas where buyers are searching for homes rather than investment avenues can insulate you from any sharp price fall

Buying a property is tough. As if saving money for the goal isn't arduous enough, you have to rack your brain to decide what to buy - an apartment or a built-up house or a plot. Besides lifestyle preferences, one has to look at aspects such as taxation and bank loans as well.

While buying an apartment, one does not have to worry about hiring an architect, seeking approvals from local bodies and dealing with contractors. The developer takes care of these things and hands you the house where you can start living immediately.

We at Informage Realtek would be happy to help you for all this.

HNI Investment

High net worth individuals

High-net-worth individuals represent the smallest but fastest growing client type. Individual wealth creation and financial sophistication over the past decade has driven asset managers to focus heavily in this area. Despite the success of many large asset management firms in the area, the firms that specialize in high net worth clients, remain the leaders in this business.

Informage Realtek is focused on Real Estate sector and understands and Real Estate and Infrastructure are basic building blocks for any business.

Informage Realtek offers :

Real Estate Investment Consulting to High Net worth Individuals (HNI) Real Estate Development Quality and Affordable Housing Development Project Financing

http://businesstoday.intoday.in/story/property-prices-in-india-metros-delhi-mumbai-kolkata-bangalore/1/189365.html

http://businesstoday.intoday.in/story/property-prices-in-india-metros-delhi-mumbai-kolkata-bangalore/1/189365.html

http://businesstoday.intoday.in/story/real-estate-investment-make-the-most-out-of-it/1/190085.html

http://businesstoday.intoday.in/story/real-estate-buy-a-house-in-market-of-less-speculation/1/191071.html

Private Equity

Investors

Informage Realtek always has good investment and project buyout deals in Real Estate Investing and Development. Investors looking to team up with us can write to us on the following email:

[email protected]

An investment management firm's relationship management sales force typically sells high-net-worth services in one of two ways: either directly to wealthy individuals, or to third parties called investment consultants who work for wealthy individuals. The first method is fairly straightforward. An investment manager's sales force, the PCS unit, pitches services directly to the individuals with the money. In the second method, a firm's internal sales force does not directly pitch those with the money, but rather pitches representatives, often called investment consultants, of high-net-worth clients. In general, investment consultants play a much smaller role in the high-net-worth area than the institutional side; only extremely wealthy individuals will enlist investment consultant firms to help them decide which investment manager to go with.

Project Status

1. 3c Greenopolis Sector 89 Gurgaon (RESIDENTIAL)

3C Greenopolis is fresh and upcoming residential project launch by 3c company & it's located at sector 89 Gurgaon. 3C Greenopolis Gurgaon project is spread over a huge space in order to provide you the sufficient open space for fresh air and sunlight in each part of the apartments and at the same time these apartments are situated in very convenient place from where you can get close proximity to the major part of the city.

To facilitate your connectivity to different parts of the city the project has been allocated a location such that it lies close to metro station and ISBT is also near to the project. Not only this, the air port lies at a drive away distance of just 25 mins. Dwarka Expressway enjoys easy accessibility to this project. The location, being one of the hot places of the town features everything that one needs for happy and relaxing lifestyle.

Not only the place, but the services, the environment and the atmosphere, all take you to the new level of residing, making sure that you live a enjoyable lifestyle. 3c company marks a large green area in it's design of the project which makes the living a really refreshing experience. The 3C company has been performing really well in Noida where it's projects like 3C Zing and Lotus Panach etc have attracted several buyers and investors. ABOUT DEVELOPERThe 3C Company is an unsurpassed or supreme company in executing and conceiving vegetated Developments in Delhi and NCR. by way of the first focus on delivering up to date energy well-organized constructions the group has previously carried over 12 Million Sq. Ft. of real estate developments and is at present working on projects worth over Rs. 15000/- Crores. The 3C Company is the single or unmatched team in Asia which has its own credit. Three Platinum Rated & Two Gold rated Leed Cirtified Green Buildingd by USGBC (United States Green Building Council).

The 3C Company fetches together the incomparable occurrence of three countrywide much-admired

professionals from the meadows of Construction - Mr. Surpreet Suri, Architecture - Mr. Vidur Bharadwaj and Development - Mr. Nirmal Singh. It was their intuitiveness that has led them to be leads the way of environment welcoming creations. Led by these three decidedly experienced and qualified specialists is a team of 400 professionals operating towards the motive of reducing the carbon footprint on the earth.

Type BHK Size (sq. ft.) Price (Rs.)

Residential Apartments 2BR-2T-1Study 1297 sq ft 68,09,250 (5250/sq ft)

Residential Apartments 2BR-2T-1Study-1SR 1642 sq ft 86,20,500 (5250/sq ft)

Residential Apartments 2BR-2T-1Study-1SR 1660 sq ft 87,15,000 (5250/sq ft)

Residential Apartments 3BR-3T-1SR 1910 sq ft 1,00,27,500 (5250/sq ft)



2. The Metis Golf Course Extn. Road, Gurgaon (COMMERCIAL)

Type : Commercial, Assured Return : 12% Location : Golf Course Extn. Road, Sector 67, Gurgaon, Haryana Sizes : 1000 Sq. Ft.

INR : 52.5 Lacs

Gold Standard IT Business Park with Lifestyle Amenities

The project is designed to cater specifically to the demanding needs of multinational corporations positioned in India. The project is located in one of the fastest growing real estate corridors of India, Golf Course Extension Road, Gurgaon. The area is likely to witness a sea change in the way people will live and work in the future.

One of its kind integrated “Green Development” which is truly sustainable in form, function and use. The Metis is a “Gold Standard Green Building" which is environment friendly and aimed at achieving high performance in key areas of human and environmental health. The project is a sustainable site development with major emphasis on water saving, energy efficiency, material selection and superior indoor environmental quality.

Conceived as an integrated IT campus, which will address the unique work and lifestyle requirement of software professionals, corporate executives and the next generation technology entrepreneurs. Based on LEED rating system, The Metis is a blend of nature with fascinating landscape and water bodies.

The modern architecture offers an exclusive international appeal with variety of lifestyle amenities:

End-to-End solution with fully integrated Wi-Fi campus Health & fitness center, gymnasium with swimming pool Cigar lounge, restro-bar, outdoor café and sun deck Business center with concierge services Multi-level parking facility

More importantly the project enjoys a great locational advantage, the catchment area encapsulates premium and ultra luxurious group housing projects.

The following features make The Metis a very attractive destination both for Investment as well as end usage:

Project mix offers retail, restaurant, office & service apartments Location benefit with premium and ultra luxurious group housing developments in the

vicinity Designed to make healthy work environment and superior shopping experience Superior connectivity with Metro and proposed road to South Delhi

Type of Property Area (Sq. Ft.) Price Per Unit Availability

Business Center 1000 INR 52.5 Lacs(INR 5250/Sq. Ft.)

3. Heritage Max, Dwarka Expressway, Gurgaon (RESIDENTIAL)

Type : Residential Location : Sector 102, Gurgaon, Haryana Sizes : 1870 - 2475 Sq. Ft.

INR : 1.13 Cr - 1.5 Cr

Project Overview

Conscient Sector 102, Gurgaon After the Complete Success of Heritage One Conscient is Bringing Yet Another Residential Offering to Gurgaon. this Strategically Built Luxurious Residential Project Will Offer Eco-friendly Homes Enveloped in Lush Green Environs. with all the Contemporary Facilities and Amenities, the Homes Will Certainly Be Owners Pride.

There are 3 and 4 Bedroom Apartments with Same Amenities like Heritage One. the Project is Spread On 11 Acres with Only Having Six Towers.

Highlights Air-conditioning in all Apartments 11 Acres with Only Six Towers Fitted Modular Kitchens Imported Marble Flooring 5 Minutes of Range from the (IGI) Airport and in Close Proximity to the Proposed Diplomatic Enclave in Dwarka. Strategically Located On 150m Proposed Northern

Periphery Road On Proposed Metro Connectivity. 10 Min from Airport. Close to Kmp. Adjacent to Lush Green Part of Sector 102.

Type of Property Beds Bath Area (Sq. Ft.) Price Per Unit Availability

ApartmentT-E 4 4 2475 INR 1.5 Cr

(INR 6049/Sq. Ft.)

ApartmentT-A,B,C,D 3 3 2075 INR 1.26 Cr

(INR 6049/Sq. Ft.)


(INR 6049/Sq. Ft.)


(INR 6049/Sq. Ft.)

Gurgaon Project Status

Sec 78

1. Project : Raheja Revanta Builder : Raheja Developers Location : Sector-78 Gurgaon

(Residential)

Raheja Revanta - Highlights:

Raheja Revanta is the one of the benchmark luxury projects being launched by Raheja Developers Ltd.Located at Sector 78, this trendsetting property in Gurgaon is offering its two elite class segments named Surya Towers and The Tapas Town Houses. Surya Towers at Revanta offers the choice of 2/3/4/5/6 BHK independent floor. The Tapas Town Houses offer penthouses and mumty floors. Raheja Revanta is a landmark in Gurgaon's real estate market, with the finest work of world class engineers and architects. A splendid property for sale in Gurgaon, Raheja Revanta can be considered as a dream project for the elite class.

Raheja Revanta - Overview

BriefSpread over 18.39 acres in the heart of Gurgaon at Sector 78 TypologyRevanta comes to you with options of High-Rise Surya Tower or Low-Rise Tapas Townhouses in sizes of 1, 2, 3, 4, 5, 6 BHK condominiums and pent houses.

Units Detail

TYPE AREA PRICE

1 BHK 1197.8 Sq ft 8115000

2 BHK Type-1 1621.3 Sq ft 10980000

2 BHK Type-2 1714.6 Sq ft 11616415

2 BHK Type-3 1854 Sq ft 12560850

3 BHK Type 1 2165.8 Sq ft 14673295

2. Project : Monsoon Breeze Builder : Umang Realtech Location : Sector-78 Gurgaon

(Residential)

Monsoon Breeze - Highlights:

Nestled in the lap of nature, the Monsoon Breeze, Sector-78, Phase-I, Gurgaon is surrounded by acres of serene and majestic spaces spread across 12.514 acres of total land area in Gurgaon. This is a premium property targeted at the young and promising professionals working in the IT companies, MNC firms, ad and communication agencies, retail industry, hospitality, health and many more in the adjoining areas.

Rs. 54.05 Lac(s), Residential Apartment in Sector-78 Gurgaon, Gurgaon

Price: Per Sq. Ft: Rs. 4300

Built-up Area: 1257.00Sqft.

Bedrooms: 2

Bathrooms: 2

Balconies: 2

Facing: North-East

3. Project : Spaze ArrowBuilder : Spaze BuilderLocation : Sector- 78, Gurgaon(Commercial)

Spaze Arrow - Highlights:

Presenting to you a truly state - of - the- art business environment with the best of facilities, beautifully landscaped and location advantages, a place where you can transform your dreams into realty. Offering a prestigious, safe and secure environment, we bring to you a complex that is conductive to the growth and development of your establishment.

Spaze Arrow: the new icon of the business world - an integrated business hub taking the concept of a corporate office beyond four walls. Comprising of two independent towers, wherein the 2nd Floor to the top floors are meant for the offices and High Street is designed on the Ground Floor and First

Floor to cater all modern retail activities such as : Eating Joints, Health Club, Banks, ATMs, and all kind of daily needs outlets

Spaze Arrow Layout Plans

Type Area(Sq.Ft.) Property

Shops/Showrooms 500 Commercial shop

Shops/Showrooms 1000 Commercial shop

Sec 76

1. Project : Corona GracieuxBuilder : Corona GroupLocation : Sector-76 Gurgaon

(Residential)

Corona Gracieux - Highlights:

Located near Haldiram 20 minutes drive to IGI Airport New Delhi 0 Km From the Nearest Metro Station (Proposed Metro Route Connected to South Delhi and Central Delhi) lieputed school, shopping malls & major hospital in close vicinity.

Corona Gracieux Layout Plans


2 BHK 1325 Apartment

2 BHK + Study 1550 Apartment


3 BHK + Servant 1960 Apartment

4 BHK + Servant 2650 Apartment

2. Project Name : Ninex CityProject Type : Residential Location : Sec-76, Gurgaon

(Residential)

'Ninex City' is brought to you by Ninex Developers Ltd which is the flagship company of the Ninex group. The group is engaged in providing complete solutions in real estate, hospitality, manufacturing and education sectors. Led by visionary promoter Shri. R. M. Garg, the group has today grown into a well-respected business house having diversified interests.

The group has already successfully executed and commissioned a number of real estate projects. The group believes integrating state of the art technology with an innovative approach in providing real estate solutions. Needless to say, focus on details, stringent adherence to building norms and quality standards are sine qua non for implementing the projects. Fueled by the vision to be an admired provider of real estate solutions, the group believes in providing complete customer satisfaction and delight. Our projects stand testimony to these beliefs and values.

The group looks forward to future with excitement, and is all geared to bring up more landmark projects in the arenas of Group Housing, Malls, Technology Parks, Hotels etc.

ATTRACTIONS

Structure designed for highest seismic considerations of Zone V. 1 00% vastu compliant apartments. Four-side open -well ventilated apartments. 75% green and landscaped area with manicured lawns. School/convenience shopping within the complex. Contemporary designs with flexible spaces-fitted with high quality fittings. 1 00% power back up. Round the clock water availability. Eco friendly environment with rain water harvesting system. Provision for piped domestic gas supply. Automatic glass lifts/service lifts. 3 tier security system. Fire Fighting System as per National Building Code. State of the art club having spa, gymnasium, TT etc. Also, covered badminton hall and all-

season covered swimming pool in the basement, accessible directly from each block through basement itself.

Sec 77

1. Project : Winter Hills 77Builder : Umang Realtech Location : Sector-77 Gurgaon(Residential)

Winter Hills 77 - Highlights:

A choice of 2 BHK, 3 BHK + 2 T, 3 BHK + 3 T + Servant & 4 BHK + 4 T Elite Condominiums near the up-coming 5 Star Deluxe JW Marriot in Sector-77, Gurgaon. The site is 0 km from NH-8 & is surrounded by the acres of open greens and has a majestic view of the Aravallis in the backdrop.

Winter Hills 77 Layout Plans


2BHK + 2T 1250 Apartment



3BHK + SQ 1900 Apartment

4BHK + SQ 2450 Apartment

2. Project : EMAAR MGF Palm HillsBuilder : EMAARLocation : Sector-77, N.H-8, Gurgaon(Residential)

About Project - Emaar MGF Palm HillsPresenting a refreshing new look at modern living. Palm Hills, Gurgaon, with welcoming green spaces, invigorating fresh air and sunlight, and modern design concepts that complement your sensibilities. Palm Hills. Quite simply, one of the best decisions you will ever take.Walk in, and be impressed by the sense of space and the attention to detail and workmanship. Appreciate the uncompromising quality all around and the various amenities that befit modern residences.

Project Overview - Emaar MGF Palm Hills

Type Bedroom Area Price

Apartments / Flats 3 BHK 1450 Sq ft Contact for price




3. Project : EMAAR MGF Palm SpringsBuilder : EMAARLocation : Sector-77, N.H-8, Gurgaon(Residential)

About Project - Emaar MGF The Palm SpringsThe Palm Springs is designed to provide luxury integrated community living, set in dramatic and spectacular surroundings. The Palm Springs is wholly self-contained and amenity rich. A

harmonious blend of lifestyle options; from low rise luxury villas to spacious apartment towers situated in acres of elegantly landscaped garden and parks.The Palm Springs provides residents with the perfect setting for an extensive array of recreational and leisure pursuits. Boasting a wide choice of amenities you can socialise or simply relax in peace, the community has the ideal spot for everyone.

Project Overview - Emaar MGF The Palm Springs

Type Bedroom Area Price




Sec 80

1. Project : Akme RaagaBuilder : AKME Projects LtdLocation : Sector-80 Gurgaon(Residential)

Akme Raaga - Highlights:

AKME Projects Limited is the flagship company of THE ANIL NANDA GROUP. With impeccable lineage Mr. Anil Nanda is the Son of Mr. HP Nanda, the founder of the Escorts group and a very well respected industrialist.Akme is a well established developer and has already delivered 3 projects in Bangalore which are already occupied. Akme has 2 more projects in Bangalore underway & an integrated township in Ludhiana. It has in all already delivered 2.6 Mn Sq. Feet of built up space and has over 12 Mn Sq. Feet under development. Akme now arrives in Gurgaon with its flagship project "AKME RAAGA". Located on the Gurgaon Expressway (NH8) and nestled in a Serene green environment overlooking the Golf Greens, it is the perfect location for your residence.

Akme Raaga Layout Plans


2BHK + Study 1412 Apartment

3BHK 1667 Apartment




2. Project : Legend HeightsLocation : Sector-80 Gurgaon(Commercial)

Legend Heights - Overview

“INNOVATIVE Legend Heights” an office cum shopping complex is part of a unique mixed use land development. It will have 140 keys International chain of HYATT group of hotels, Grade A office space for MNCs, Indian corporate, retail chains, consultants, service providers, banks, financial institutions, insurance / travel companies, entrepreneur’s corporate retail, hyper markets and much more.

Units Detail & Floor Plan

Floors Type Price (Per Sq. Ft.) (Rs)

Ground Floor (BSP) Retail Space 12,500 - 14,500

1st Floor (BSP) Retail Space 9,500 - 11,500

3rd - 6th Floor (BSP) Office Space 7,250

7th - 10th Floor (BSP) Office Space 7,650

Sec 791. Project : Supertech Araville

Builder : SupertechLocation : Sector-79 Gurgaon(Residential)

Supertech Araville - Highlights:

Supertech Group launching new residential project at Sector 79 Supertech Araville, a premium residential project in the lap of the Aravallis. Supertech Araville offers 2/3 /4 BHK residential apartments facing a dedicated 10 Acers of lush green area, this project is an unmatched mix of amenities, conveniences and a strategic location. This prestigious project is all set of redefine your lifestyle in times to come.

Supertech Araville Layout Plans



2 BHK + Study Room 1530 Apartment


http://www.99acres.com/customised/legend-heights-innovative-infradeveloper-gurgaon-commercial-property/index.htm

3 BHK + Servant Room 2215 Apartment

4 BHK + Servant Room 3620 Apartment

2. Project : Mapsko MountvilleBuilder : MapskoLocation : Sector-79 Gurgaon(Residential)

Mapsko Mountville - Highlights:

Mapsko group is launching a new residential project Mapsko MountVille on 84mtr. Wide road with 6acre front in Sector- 79 at Gurgaon. Its spread 16.5 acres apart of 70acres and offers 3 Bedroom, 3-Bedroom-cum-SQ and 4Bedroom Apartments. Over 1000 families will live here surrounded by everything they could possibly want walking and jogging tracks across vast landscaped lawns; swimming pool; a clubhouse for social gatherings; tennis, basketball and volleyball courts a walk away; shopping centers; security; uninterrupted power back up and 20 minute drive from Delhi Airport. Life is worth every view at Mapsko Mount Ville Luxury apartment.

Mapsko Mountville Layout Plans





3. Project : Supertech New ProjectBuilder : SupertechLocation : Sector-79 Gurgaon(Residential)

Supertech New Project - Highlights:

Presenting a new residential property Supertech New Project launch by Supertech Builder located at Sec 79, in Gurgaon. Near NH8 the Intersection of Northern Surrounded by a host of planned 5 star Hotels, Golf Courses. Supertech New Project offers 2/3/4 BHK apartments starting sizes are varying from 1295 to 3600 sq. ft.

Supertech New Project Layout Plans


2BHK+2T 1295 Apartment



4BHK+4T+Study Room 3620 Apartment

I NEWS

Today’s News

1. NDMC property tax rebate till March 31 6 Feb, 2013

Delhi/NCR

To encourage property owners to shift to Unit Area Method of tax assessment, New Delhi Municipal Council has decided to extend the rebate on property tax for owners who are yet to pay till March 31, 2013. Officials say that close to 30% property owners pay tax as per the Rateable Value Method which was discontinued in April 2009.

“We want all the properties under NDMC to pay property tax as per UAM. The decision to extend the rebate scheme till March 2013 was taken to encourage people to clear their dues. The rebate will be given on the total outstanding amount,” said an NDMC official.

2. Haryana govt plans real estate regulatory authority 6 Feb, 2013

Delhi/NCR

The Haryana government is working towards setting up a Real Estate Regulatory Authority to regulate the booming real estate sector and prevent unscrupulous realtors from targeting property buyers. The state government is planning to bring a bill to set up the authority in the coming budget session scheduled to commence on February 22, said Rao Dan Singh, chief parliamentary secretary (town and country planning), Haryana, on 5th February.

“As yet, the property buyers, in case of any dispute with the builders, have to approach the civil courts. After constitution of the proposed authority, they would be able to complain against the builders with the new forum. Apart from giving early relief to them, the authority would also reduce the burden of courts,” said Dan Singh, adding the authority may be empowered with quasi-judicial powers.

Talking to TOI, R R Singh, an ex-Army officer and director general of National Real Estate Development Council (NAREDCO), said, “Any regulatory body should have a single window system for setting up guidelines and hear grievances of consumers. It should lay down procedures for reaching builder-buyer agreement, project deadlines for builders and even function as a quasi-court for redress of disputes. The body must also look into problems such as pre-launches of the projects

by developers. The regulator should be the umbrella body heading all stake-holders in the sector, with an aim to streamline the various procedures.”

When contacted by TOI in Gurgaon, developers said that a regulator must not further complicate and lengthen the existing procedures and add more windows issuing clearances.

The regulatory authority will be headed by a chairman and two members. According to a source, the authority would look into complaints pertaining to disputes related to sale and purchase of flats in housing societies.

Efforts are on to incorporate a provision for imprisoning builders in case of violation of the sales agreement norms related to cost and timeline, said a source adding that the Union government has suggested up to a year’s imprisonment or fine up to 5% of the total project cost for violations.

In a similar law being brought by the Centre, the Union law ministry has reportedly proposed imprisonment up to three years or fine up to 10% of the project in case a builder doesn’t register with the authority and the project land exceeds 1,000 square metres. The Union government will introduce the Real Estate (Regulation & Development) bill in parliament during the coming budget session.

“The Centre has issued broader guidelines to set up such authorities in all states and we will keep in mind the same before finalizing the draft bill for Haryana,” said a Haryana government officer.

Principal secretary, Department of town and country planning, S S Dhillon, said, “We have prepared a draft proposal to seek approval of the chief minister before tabling it in the state assembly.”

In the past few years, Haryana has witnessed major real estate activities especially in Gurgaon, Faridabad, Rohtak, Sonipat, Panipat and Rewari due to the state’s proximity to the national capital.

Older News Last Week

1. Farmers stop construction work in Greater Noida 5 Feb, 2013

Delhi/NCR

Hundreds of farmers from 39 villages once again disrupted construction work of various real estate projects in Greater Noida on 3rd February. The protests were not only confined to Greater Noida West (Noida Extension) this time, but also spread to Greater Noida East where sheds of various developers were dismantled by the agitators.

“We held a panchayat at Bisrakh village and decided to halt construction work of each site in Greater Noida (West),” said Manvir Bhati, farmer leader.

Enraged farmers intensified their agitation against builders and the Greater Noida Authority and dismantled makeshift offices of builders in Greater Noida (West) leading to a brawl between farmers

and construction workers. “Despite several warnings, when the labourers at the sites of Amrapali, Gaur City and Ajnara did not stop construction work, the farmers dismantled the sheds,” Bhati said.

The drama continued for hours. “Farmers are seeking resolution of their land-related demands. They told the developers not to resume the housing projects till their demands were fulfilled by the Greater Noida Authority. We feel that as developers are not paying their dues to the Authority, our compensation amounts continue to remain in limbo,” Bhati added.

Farmers also threatened that they would lock Greater Noida Authority’s office on February 21 if their issues stayed unaddressed. “We are preparing a strong agitation on February 21. We will not let Greater Noida Authority function,” said added a farmer leader from Bisrakh.

2. NOC from water authority must for Noida builders 5 Feb, 2013

Delhi/NCR

Decreasing groundwater levels have forced the Noida Authority to pass an order making it mandatory for all developers to get a ‘no objection certificate’ (NOC) from the Central Groundwater Authority (CGWA) to get their building plans sanctioned. Noida CEO Rama Raman confirmed that the notification was made after a meeting last week.

Officials said that from now on all projects, including residential, commercial, institutional or mixed-land category, which are being developed on a large scale will now have to seek the mandatory clearance from the groundwater authority. “The CGWA certificate is mandatory only for big projects that require deep digging for single, double or triple basements. We have not yet specified the exact size of the plots that will need the certificate, but that will be announced soon,” said an official.

The decision came after the National Green Tribunal (NGT) order banning groundwater extraction by builders on January 11. Officials said that the CGWA will first inspect the builder’s project site and specify a method of recycling groundwater before giving a green signal to the building plans. “The certification is important as builders dig unnecessarily deep and waste precious groundwater,” said a Noida Authority official.

Apart from this, the Authority had also formed a ‘task force’ to ensure that builders adhere to the NGT ban. The green tribunal is expected to hear the petition on groundwater misuse on February 8.

CREDAI vice president (west UP) and Supertech CMD RK Arora said, “We launched our project after getting an NOC from at least 50 government departments. Increasing number of NOCs also hike input costs resulting in buyers having to pay more for their properties,” he added.

3. Increase in demand for commercial space on Noida Expressway 5 Feb, 2013

Delhi/NCR

Noida Expressway is attracting considerable office employment. Since office space has become increasingly scarce in Delhi, many businessmen, even though residing in Delhi, are setting up offices in Noida as the rentals here are still in the affordable range.

And, the employees in these offices are finding it convenient to live in Noida. In the next stage, it is expected that even the businessmen themselves will shift their residences to Noida.

Credit for this must go, in large part, to the policies of the Noida authority in the last few years, which were conducive for the development of office spaces as part of commercial activities at various sectors in Noida.The Noida authority had declared Sectors 62, 78, 105, 108, 124, 125, 126, 127, 132, 135, 136, 142, 143, 144, 153, and 154 open for commercial activities. Most of these sectors, along the Noida Expressway, are being developed with institutional and other office facilities that will house a large number of commercial set-ups, which would open up employment opportunities.

A number of commercial projects like BPTP Capital City at Sector 94; HCL’s huge SEZ at Sector 125-126; Express Trade Towers, Adobe and Logix Technova at Sector132; Unitech Infospace at Sector 135; 3C Oxygen, Unitech’s new SEZ at Sector 144; Advant Navis at Sector142; Bhasin Group’s Mist Avenue at Sector 143, Urbtech NPX at Sector 153, etc, have been launched. These properties are very valuable as they have the potential to give very good returns to investors and buyers. These commercial projects make perfect business sense for corporates, and even entrepreneurs, wanting to make a smart move to Noida Expressway.

4. Indirapuram in Ghaziabad is the new realty hub for investors Feb 4, 2013

Delhi/NCR

Indirapuram, a fast-developing modern metropolis, is turning into the first choice for end users when it comes to living in Ghaziabad, owing to its good connectivity. And, the proposed Metro network to the place has only added lustre to the property scene here.

Located on NH-24 and in close proximity to Delhi, this self-contained mini-city offers all the amenities and facilities for high-quality living including excellent social and physical infrastructure coupled with modern residential and commercial complexes.

A recent property survey shows that Indirapuram accounts for over 40% of rental demand for multistorey apartments on lease across Ghaziabad. The major factor behind this is its improved connectivity to Delhi and Noida.

Strategically positioned among three important business centres like Delhi, Ghaziabad, and Noida, Indirapuram is divided into different ‘khands’ (sectors) like Nyay Khand, Vaibhav Khand, Ahinsa Khand, Niti Khand, etc. The Ghaziabad Development Authority (GDA) demarcated this residential area only about 16 years ago, and today, Indirapuram has innumerable residential options for people across the income brackets, and the business class too.

Why IndirapuramOnly 6km from Akshardham and 25km from the Connaught Place, Indirapuram is considered a prime city for commercial and residential projects. This place is easily commutable from major locations across the NCR and is brimming with all types of residential properties. Unnoticed for years, this place has emerged as a desirable place to live in owing to new developments which opened up thriving job opportunities.

The infrastructure development here has made it a sought-after place among real estate developers for constructing housing societies and mini-townships. The trend of modern high-tech lifestyle has touched this place, too, and people are now seeking studio apartments, flats, apartments, villas,

plots, independent floors, etc, here.Real estate developers are building trendy and modern apartments in Indirapuram, in the affordable options too. Inspired by the latest designs and infrastructure across the world, developers have raised stylish apartments with assistance of advanced and cost-effective technology.

Well-equipped, perfectly furnished, roomy, and properly ventilated, these trendy deluxe apartments are made with superior design and taste that match the high expectations of the modern homebuyer. Impeccable in appearance, with contemporary interior concepts and modern fittings, these flats have found favour with people looking for modern and stylish home to redefine their lifestyle.

Indirapuram properties have opened up new investment options for people of the NCR. Another advantage for the area is the proposed Metro connectivity from Noida’s City Centre to CISF and extension of Metro line from Vaishali’s Sector 4 to CISF Camp.

Realty market

If you are looking for a property that can yield good returns, Indirapuram is one of the best places to invest. Also, the location is very good for end users as this city is fully inhabited and the rates here are very competitive, quoting between Rs 3,200 and Rs 5,500 per sq ft. The real estate market here is still below saturation level, as there is a lot of potential for new projects. There are nearly 130 realty projects here, with 90 projects completed and 40 under construction; the occupancy rate of over 35,000 flats in Indirapuram is nearly 75%.

There are several reputed educational institutions, shopping centres and medical facilities here, with several more under construction. Several sectors have aesthetically developed theme parks that act as the lungs of the city.

Realty projects

Some of the luxurious residential projects here are SVP’s Gulmohur Residency, Antriksh Group’s Antriksh Greens, Assotech Realty’s Kabana, Amrapali’s Amrapali Village, Gaursons’ Gaur Green Vista, Shipra Group’ Shipra Sun City, Supertech’ Supertech Icon, ABA Corp’s Orange County, etc.

5. DDA to complete master plan review by mid-2013 Feb 4, 2013

Delhi/NCR

They might have overshot their December deadline for completion of the Master Plan 2021 review by over a month, but DDA is hopeful of completing it by June-July 2013. Union urban development minister Kamal Nath had indicated last year that the mid-term review would be completed by the end of 2012.

Sources, however, said that each amendment in the master plan had to go through a number of procedures like the board of inquiry and authority meetings, besides giving the public three months for filing objections/suggestions, so the December 2012 deadline was unrealistic.

By January 2013, only 23 amendments have been finalized. Another 21 have been placed before the public. Later, they will be taken up by DDA and then sent to the ministry for final notification. “The third lot is being processed and will be put up before the different advisory groups. These amendments have to be first shown to the public, so this may take time,” said an official.

Sources said the next meeting for the master plan review is expected to be held in mid-February. DDA had brought out a public notice inviting suggestions/objections for the first lot of 23 amendments on October 1, 2012, giving the public 90 days to file their feedback.

The finalized amendments stress on group housing and development norms for construction of multi-storey flats in planned areas. It has been proposed that in residential group housing societies, the present area of 400 sq m be increased to 1,200 sq m, free from current floor-area ratio (FAR) restrictions, to accommodate areas like libraries, recreational hall, creche, reading room and society clubs.

To smooth the way for redevelopment of local shopping centres and sub-city level markets, a maximum overall FAR of 50% over and above the existing FAR has been allowed. Due to their proximity to residential areas, these markets need to be redeveloped to overcome environmental and traffic problems. Traders’ associations will share the responsibility for transformation of sub-city level markets to modern wholesale markets. Existing commercial centres may also be redeveloped with enhanced FAR depending on payment of appropriate levies, according to some of the modifications proposed for the mid-term review.

Older News Last Month

1. Property registration to get tougher in Gurgaon Jan 30, 2013

Delhi/NCR

Land parcels or built-up property in un-regularized colonies might cost several times lesser than prevalent market rates but has its own perils.

Taking note of such anomalies, the state revenue and disaster management department has issued tougher guidelines on purchasing and eventually registering property in un-regularized colonies in Gurgaon. These guidelines by the department are regarding sale and purchase of property in unauthorized colonies.

These are in accordance with a Punjab and Haryana high court order of November 1 last year. All divisional commissioners and deputy commissioners have been sent a written communique about the same, a senior official in the department confirmed.

The Gurgaon district administration has been asked to prepare a list of unauthorized colonies so that the general public can be made aware of these unauthorized colonies in this regard and public notice would be published in two newspapers being published in vernacular language in the areas concerned.

Pamphlets would be displayed at important places like Tehsil or sub division or district offices, schools, community centers and bus stands so that general public could be desisted from purchasing land in unauthorized colonies.

“Sub-registrars and joint sub-registrars would be intimated in clear terms that in case the land of unauthorized colonies is registered, they would face strict departmental or criminal action,” said the senior revenue official.

Also, a team of officers consisting of sub-divisional magistrate, district revenue officer and stamp auditor would be constituted to carry out random checks of the tehsils or sub-tehsils to ensure that no land of unauthorized colonies is registered.

These teams would inspect the tehsils or sub-tehsils and verify the implementation of the orders and in case of violation, the deputy commissioners would forward such acts of omission and commission without fail.

Such reports are to be sent to the state government in the first week of January and July every year, he added.

2. Property rates doubling at Greater Noida West Jan 28, 2013

Delhi/NCR

Greater Noida West (formerly Noida Extension) is now free from all legal hurdles and builders and developers have resumed construction here and are even planning to launch new projects. The NCR Planning Board (NCRPB) recently approved Greater Noida’s Master Plan 2021, which includes new infrastructure like expressways, major road networks, Metro connectivity and increase of per person per hectare (ppph) density of the planned population of the area from 54 to 200 ppph.

The homebuyers and investors can buy homes at Greater Noida West very freely after the green signal to go ahead with ongoing projects from Greater Noida Industrial Development Authority (GNIDA).

Why Greater Noida West

Spread over nearly 3,635 hectare (8,980 acres), Greater Noida West is well connected to Noida. It is 4-5km from Sector 121, Noida; a road from Sector 121 passes over Hindon and connects Sectors 1, 2, 3, 4, 16B, 16C, 10, 12, Techzone, Knowledge Park 5, etc, in Greater Noida. This road connects further to a 60m-wide road coming from NH-24.

More than 50 builders and developers have been allotted plots here for constructing residential units, highrise and low-rise structures, to cater to a projected population of 10 lakh. As per an estimate, over 2.5 lakh builtup houses would be delivered in the next three-four years.

Before launching large group-housing projects and builder residential plots, the GNIDA allotted over 4,000 residential plots to individual allottees. The authority waited for 14 years before requesting the state government for acquisition of 161.5 hectares in village Shahberi, but this acquisition was quashed by the Supreme Court in 2011.

Resumption of construction

For some time, the land acquisition row had put a question on the fate of Greater Noida West, which was marketed as one of the prime locations for affordable range of housing units. After dismissal of the review petition of farmers and the authority by the Allahabad high court, the NCR Planning Board came into the picture and approved the master plan for the area.

The biggest challenge was whether the Noida and Greater Noida authorities have taken necessary approvals for acquisition, planning and development of areas or not. But, now, all such issues have been put to rest and construction has resumed at this place. After the resumption of construction

work, the rates at Greater Noida West have also increased with builders having to pay the increased compensation to the farmers as directed by the Allahabad high court.

Price appreciation

The impact of the court verdict hit property price hard. Once launched at Rs 1,400-1,600 per sq ft, the rates have now almost doubled and are quoting at Rs 3,000-3,500 per sq ft, depending on the location of the project.

What began as a war for affordable homes among a handful of builders has now turned into a full-fledged race for luxury space in Greater Noida West.

Top developers are queuing up for their share of the pie. They are also charting a new course of growth through a two-pronged strategy of geographical expansion and diversification. Replicating their success they are extending their expertise in creating high-end communities by launching villas and luxury residential properties.

3. Rise in multi-use residential and commercial projects at Noida Jan 28, 2013

Delhi/NCR

Sectors 18, 25A and 32 of Noida have seen development at a fast clip making them hotspots for residential and commercial activity.

These sectors enjoy great connectivity with Delhi, being only 3.5km away, and offer a huge potential for real estate development. No wonder that world-class multi-use residential and commercial projects, existing and developing, have changed the face of these sectors.

Surrounded by green areas and huge open spaces, these sectors are some of the finest integrated developments ever built in the Delhi NCR region.

At present, a major commercial complex is operational in Sector 18, which has been developed as sub-district commercial centre. Noida’s Master Plan 2031 proposes a city-level commercial centre in Sectors 32-25A, and has allocated about 98 hectare for its development. Other commercial centres have also been proposed along the Noida-Greater Noida Expressway and major arterial roads across different places in the city.

The proposed city centre in Sectors 32-25A, located in the central part of the city, is going to be an important commercial-cum-residential hub. Developing sectors like Sectors 18, 25A and 32 have excellent connectivity like the Metro link and direct road connectivity with Delhi, Ghaziabad, and Faridabad, and have the potential to emerge as the residential and commercial core of Noida.

According to the master plan, these sectors will house leading shopping and business establishments, hotels, service apartments, offices, and commercial and housing projects. These sectors are also designed to provide space for different cultural activities.

Realty projects in Sector 18

Sector 18 is located in the heart of the premium central business district of Noida and is developing fast. A number of existing and forthcoming entertainment zones, commercial complexes, shopping

malls and restaurants are promising to provide local residents and visitors the same feel as Connaught Place.

Looking at the potential of this commercial hub, top-notch developers like DLF, Wave Infratech, Unitech, 3C Group, etc, have moved into the area with ambitious projects. A recent addition to this area is the announcement of Wave Group’s Wave Vertica, a 48-floor mixed-use development with 3 million sq ft.

After successful launching Centrestage Mall (shopping-cum-multiplexes mall at Noida ), Wave Infratech has recently opened Wave Silver Tower and launched Wave Vertica, one of the tallest commercial-cum-residential project offering retail, office space, residential and serviced apartments and a 5-star hotel.

The retail space has been designed keeping the high street concept in mind where prospective customers can walk into a store directly. The recreation spaces in this project have been designed by FORREC Ltd. Wave Vertica will have six screens and a seating capacity for nearly 1,500 viewers with the largest screen sizes.

Wave One, another major project of Wave Infratech near Centrestage Mall and Radisson hotel, will be an ultramodern commercial building with offices, retail space and a multiplex. This stateof-the-art 41-floor building will have 2 million sq ft of commercial space on offer. With better access and connectivity from Delhi, Mayur Vihar and Greater Noida, Wave One will have huge catchment area in terms of footfalls.

DLF, another top reality player, is going to launch Mall of India near hotel Radisson in Sector 18. This mall is has a built-up area of nearly 27,07,575 sq ft and a gross leasable area of 16,00,000 sq ft. Mall of India is expected to become operational by the middle of this year, and the developer says it is India’s first mall to offer six floors of shopping and entertainment.

Multi-use residential and commercial projects inSectors 25A and 32

Developers like Wave Group and Logix are developing some of the largest multi-use residential and commercial projects here. Wave Infratech is developing a world-class leisure and residential community over 152 acres, roping in international consultants like SOM, IMXD, FORREC, AECOM, ARUP and NOSTRI. The project offers 20 lakh sq ft of mall area while 4 lakh sq ft has been dedicated to indoor entertainment facilities like a snow park, a water park and a theme park.

4. Hold on to your investments in Faridabad for high returns Jan 25, 2013

Delhi NCR

National Capital Region’s Faridabad is undergoing an image change from being a primarily industrial town to an industrial-cum-residential township. The town offers plots, villas, and independent floors and even apartments with a potential for future appreciation.

There has been a perceptible improvement in Faridabad’s realty market over the last few years. This can be attributed primarily to the several new residential projects that have come up in the Neharpar region, also known as Greater Faridabad. While demand for residential property has gone up, capital values also saw a moderate increase.

Development in Faridabad has been pretty rapid. Soon it will be connected with the capital city by a metro and the realty market may therefore get a further boost. “Faridabad’s real estate is yet to witness a leap. It is an ideal option for investors with long-term plans. It will be one of the dream destinations, but one has to wait for at least 3-4 years,” says Sanjay Sharma, MD, Qubrex. A combination of factors is expected to enhance prospects of the suburb.

Connectivity

Metro rail has already reached Badarpur and is expected to connect Faridabad too by the end of 2013. “Once completed, the Faridabad-Noida-Ghaziabad (FNG) expressway and the Faridabad-Gurgaon toll road are likely to enhance the prospects of Faridabad for investors,” says Sharma.

Fast paced development & Modern facilities

Initially, Faridabad only had plotted projects, but now the market also offers villas, independent floors, condominiums and apartments. Catering to the different social segments, many builders are coming up with projects that offer all modern facilities. The provision of indoor and outdoor games along with parking, swimming pools, clubs and jogging tracks is attracting many youngsters towards Faridabad.

Shopping and weekend destinations

A decade ago, the residents of Faridabad had to travel as far as Delhi, Noida and Gurgaon for branded shopping. But with the recent mushrooming of retail, Faridabad is catching up fast. There are about a dozen malls on the Delhi-Mathura road. Recreation and entertainment spots like Surajkund, Sohna Lake, Badkhal Lake and Dabchik Lake are in vicinity to the town.

Youngsters today form a major chunk of investors in real estate. With modern facilities along with well-connected markets, malls and other entertainment hubs around, Faridabad is coming up as a preferred residential destination in NCR. Holding on to investments might be a good idea in such a scenario.

5. 12,000 affordable new flats at Greater Noida, Yamuna e-way Jan 25, 2013

Delhi/NCR

With aim to promote affordable housing, the Greater Noida and Yamuna Expressway authorities will develop 12,000 flats in the next couple of years. Land has been identified for the project and on 24th January a layout plan was sanctioned by the authorities.

A total of 7,000 flats in Greater Noida and 5,000 flats in Yamuna Expressway will be developed. “We have identified Sector Mu-2 and Sector 10 in Greater Noida for the project while in Yamuna Expressway, the flats will be developed in sector 18,” said a senior official.

The fast pace of work shows the Authority’s seriousness on the project. Land was earmarked and approved in the board meeting on January 11 and in just 13 days the layout plan of the project was duly sanctioned. “We are committed to develop these flats as soon as possible,” an official said.

Elaborating the features of the flats, the official said these will be one-bedroom units and four storeys high. “The blocks will be spread on a campus equipped with state-of-the-art infrastructure

including a community centre, shopping complex, kiosks, schools, nursing homes, playground and parks,” the official said, adding that special care will be taken to provide for ample parking space and planned greenery on the campus.

“There will be no need of painting the building. Keeping the increasing number of vehicles in the city, there is also a provision of garages in the project,” the official said.

The entire project costs Rs 150 crore. Each flat will be priced between Rs 6.5 lakh and Rs 8 lakh. “In the Greater Noida project, the cost of a ground floor flat is Rs 8 lakh while a third floor flat costs Rs 7.5 lakh. In the Yamuna Expressway project, cost of a ground floor flat is Rs 6.5 lakh while a third floor flat costs Rs 6 lakh. Banks are ready to sanction loan up to 90 per cent of the total cost of the flat but we are in talks to finance flat 100 per cent,” the official said.

Older News Last Year

1. New draft development plan for Gurgaon October 25, 2012

Delhi/NCR

With the new draft development plan in place, land will be no longer acquired for the SEZ (special economic zone) purposes. The new Draft Development Plan of Gurgaon-Manesar Urban Complex-2031 has incorporated this provision, one among several others, as SEZs are becoming unviable with various issues cropping up over time and, in particular, the inability of the Reliance Haryana SEZ Limited (RHSL) to purchase and accumulate contiguous lands for their SEZ.

With the new draft development plan in place, land will be no longer acquired for the SEZ (special economic zone) purposes. The new Draft Development Plan of Gurgaon-Manesar Urban Complex-2031 has incorporated this provision, one among several others, as SEZs are becoming unviable with various issues cropping up over time and, in particular, the inability of the Reliance Haryana SEZ Limited (RHSL) to purchase and accumulate contiguous lands for their SEZ.

In view of change of land use (CLU) or licences on certain land patches, some amendments have been made in the Final Development Plan-2025 of GMUC. According to the changes, the government could acquire the land sold by the farmers to non-farming interests but whose retention as “good agricultural land” at these places was desirable. “The government should maintain the character of the land so left out from acquisition as ‘agriculture’ with clear stipulation that no licences would be granted in respect of such areas,” the amendment says.

The new draft development plan of Gurgaon has now deleted the provision for an industrial zone on nearly 3,110 acres proposed on the western side of the KMP Expressway and the whole area has been proposed to be retained as an agriculture zone with the condition that no CLU or licence be granted in this area.

Connectivity

Keeping the increase in traffic in mind, the revised alignments of sector-dividing road of Sectors 76-77, 84-85, 81-81A-open space, 92-open space, 92-93-94-95 and 112, 113 have been approved by the government and have been incorporated in the draft development plan (DDP).

According to the new draft plan, the road above Sectors 63A and 67A that ends up on Sohna Road will be extended through the agricultural land. This road will work as bypass of NH8 in future and will relieve NH-8 and Sohna Road from heavy traffic congestion to a great extent. A 60-metre-wide road between the industrial Sectors M3A and M4 will be further extended through the Aravali hills and public and semi-public zone along KMP up to NH-8. This will create a great loop, which will provide commuters an option to avoid travelling on NH-8.

2. Gurgaon ahead of NCR in luxury housing Oct 4, 2012

Delhi/NCR

Demand for luxury residential facilities in Gurgaon is expected to soar in the coming four years, says a recently held housing survey by a real estate consultancy firm. NCR is expected to witness the highest demand for houses in the country at 381,000 units during next four years. New arrivals to the NCR, mainly connected with the IT, services and industrial sectors, have contributed to the hike in housing demand, which is expected to further rise with the influx.

While the mid and low segment apartments will be most sought after in the overall NCR, Gurgaon will continue to see significant rise in luxury housing segment. Here, the focus is more on high-end apartments. “Gurgaon is emerging as a hotspot for luxury residential housing with some projects selling at around Rs 30,000 per square feet, while most other high-end projects are selling at around Rs 14,000 square feet on an average,” said a Cushman & Wakefield’s spokesperson.

The total demand for houses across the country in the years 2012-16 will be 11.8 million units, reads the survey carried out by Cushman & Wakefield’s. “The additional or new demand that can be generated in 2012-2016 is calculated based on the past trends for population and household growth and the income classification for the households,” says the report, which was prepared in collaboration with the Global Real Estate Institute.

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