Coimbatore- From a Retirement Home Destination to Real Estate Hotspot

Coimbatore, a green and serene city in Tamil Nadu, is now coming out as a major real estate market. Though it started out as a retirement home or second home destination, the city got a major boost after getting the smart city tag. It is also emerging as an important IT hub in Tamil Nadu and is seeing an influx of young IT professionals and entrepreneurs.

Coimbatore- From a Retirement Home Destination to Real Estate Hotspot

Coimbatore- From a Retirement Home Destination to Real Estate Hotspot

With an emphasis on ‘Housing for All’, the government encourages infrastructure development and improvement in living standards in Tier-II cities like Coimbatore. IT/ITeS, manufacturing and service sectors play a crucial role in its economy and to support the influx residential realty has also been augmented. [Read more…]

Theme of the Week: Supertech Fable Castle Let’s You Live in Disney Land

Supertech steps forward to make Disney the theme for your dream homes. Supertech comes up with Fable Castle, the new residential project within its 100 acre township, Golf Country located in Sector-22D, Yamuna Expressway. This is one project which will thrill you and help you identify with the colorful and reviving interiors of your surroundings inspired by Disney.

Theme of the Week: Supertech Fable Castle Let’s You Live in Disney Land

Theme of the Week: Supertech Fable Castle Let’s You Live in Disney Land

Supertech Fable Castle makes the world of Fantasy a part of your world.

Welcome to a world where every creation is as vivid as your imagination. This is a world where fantasy meets reality, and the ambience thus created is beyond the realms of imagination. Fable Castle is a place for the young and the old alike, the young live out their fantasies and the old relive them. Create special memories with your family that will last a life time and each day discover a new and magical lifestyle. [Read more…]

Theme of the Week: Ajnara Ambrosia Offers Homes Inspired by Spanish Architecture

Real estate market is competitive and coming up with great ideas and themes to entice homebuyers. Ajnara Ambrosia has always tried to deliver more than expected to homebuyers. They have introduced Spanish architecture in residential complexes. This residential complex offers 2&3 BHK flats in Noida Sector 118 in sizes that range from 1095 sq ft to 1995 sq ft. Apart from offering luxurious and classic living; it features modern living at its best.

Theme of the Week: Ajnara Ambrosia Offers Homes Inspired by Spanish Architecture

Theme of the Week: Ajnara Ambrosia Offers Homes Inspired by Spanish Architecture

Ajnara Ambrosia has an advantage of location; this complex is located in Central Noida which is one of the best and prime locations when it comes to residential projects. The nearby areas of this project feature fully inhabited sectors, presenting an opportunity for homebuyers to reside in an ideal neighborhood. In addition, the physical location of Ajnara Ambrosia Noida is easily accessible from well-known places of Noida, Ghaziabad, Faridabad, Greater Noida and Delhi. Gurgaon is also not so far from this complex. Railway stations, major metro stations and airports of Delhi are also easy to commute from Ajnara Ambrosia. The complex offers new age facilities like swimming pool, yoga centre, gym, gaming facilities, car parking services and lot more apart from the richness of Spanish architecture which remains the most unique concept of Ajnara Ambrosia. [Read more…]

Theme of the Week- Cleo County Brings Egyptian Charm to Noida

Growing competition, rising aspirations and a developing economy has led to more sophisticated real estate development in India. With increased globalization the Indian consumers are exposed to global standards and desire to live a luxurious life. This is acting as a cue to developers to find and develop classier projects to suit the ever changing moods of the buyer and follow the international trends- the latest being following a theme.

Theme of the Week- Cleo County Brings Egyptian Charm to Noida

Theme of the Week- Cleo County Brings Egyptian Charm to Noida

Due to the novelty factor to theme based housing, this type of development will witness quiet a lot of growth in times to come. Developers in India are now entering into joint ventures with foreign designers and international architects, design firms and hospitality brands to develop theme-based residential projects. [Read more…]

The Secret of Making Housing More Affordable

Decent affordable housing is fundamental to health and well-being of people and to smooth the functioning of economics. Yet in India and around the world, in developing and advanced economics alike, cities are struggling to meet that need.

A blueprint for addressing the global affordable housing challenge by McKinsey Global Institute (MGI), defines the affordability gap as the difference between the cost of an acceptable standard housing unit (which varies with location) and what households can afford to pay using no more than 30% of their income.

The Secret of Making Housing More Affordable

The Secret of Making Housing More Affordable

However, four approaches used in concert can help reduce the cost of affordable housing by 20-50% and substantially narrow the affordability gap. These are largely market oriented solutions- lowering cost of land, constructions, operations and maintenance and financing- could make housing affordable for median earning households. [Read more…]

What Drives Real Estate in Uttar Pradesh?

Uttar Pradesh is the most populous state in India, and hence real estate is a very important market here. It is the fifth largest state in India. Property market in Uttar Pradesh is planned in phased manner involving different concepts, thereby making it a perfect place to make handsome investments.

What Drives Real Estate in Uttar Pradesh?

What Drives Real Estate in Uttar Pradesh?

With ongoing developments in major location in U.P, including Noida, Lucknow, Ghaziabad, Kanpur, and Agra, the state felt the importance of improving the infrastructure facilities better than ever before. Going by the major swing in the real estate market in U.P, the continuing development has offered the state and its surrounding areas a major facelift. [Read more…]

Low Affordability Ratio Makes Room for Growth in Indian Real Estate

India is a diverse country in terms of culture, religion, social status and lifestyles of its people. But it is a matter of pride that despite all diversities, India manages to go hand-in-hand at all levels. One such example is the economic disparity among the people of our country which also has a direct impact on the real estate industry. While some can afford bungalows in a city like Mumbai, other look forward to buying a compact home in a suburb that fits their budget.

Low Affordability Ratio Makes Room for Growth in Indian Real Estate

Low Affordability Ratio Makes Room for Growth in Indian Real Estate

Recently, the real estate market witnessed a record high level in price. However, a simultaneous increase in people’s disposable income was also recorded. This maintains the affordability and price rise balance in the Indian real estate market. [Read more…]

The Upmarket Growth Suburbs of Mumbai Real Estate

The southern tip of Mumbai, also a tourist hub includes Colaba, Marine Drive, and Malabar Hill, to Worli Seaface and then after Mahim creek starts the suburban area of Mumbai, starting with Bandra and then Juhu up to Andheri, Borivali, Kandivali and more. These are the vast suburbs of Mumbai from where millions commute every day. Mumbai’s high-end housing projects have seen an upswing, especially in areas like Andheri (East), Goregaon, Borivali and Kandivali , Kanjur Marg, on the extended western suburbs.

The Upmarket Growth Suburbs of Mumbai Real Estate

The Upmarket Growth Suburbs of Mumbai Real Estate

Navi Mumbai and Thane on the eastern side are areas which are seeing a steady growth in the real estate sector. Supply of new residential projects was majorly concentrated in Andheri, Juhu and Santacruz in the western suburb and Powai, Ghatkopar and Chembur in the eastern suburb but with a rise in demand, development has extended beyond these locations. The new projects are for high-end users and mid-end sections. The improvement in economy from the buyers perspective has improved and hence a sudden upward surge in the market. [Read more…]

Corporates Confident About Expanding Offices Across India

The scenario of commercial real estate in India is experiencing continuous change, always for the better. Markets that were just confined to local streets started growing into multi-storey office buildings and planned economic zones. And now this is what defines the skyline of Indian cities. The government is also taking ambitious steps to fuel commercial realty in India. A recent survey conducted by the CBRE, an American commercial real estate company, suggests that the corporate real estate occupiers are aggressively confident about expanding their offices across Indian cities.

Corporates Confident About Expanding Offices Across India

Corporates Confident About Expanding Offices Across India

As reported by the Economic Times, these corporate players bet big on their India expansion plan, especially for the next two years. They are positive about India’s business environment and are also looking forward to increase the employee headcount by 5-20 percent. The survey was conducted on the representatives of typical Indian occupiers across different industries to keep it uniform.

The corporate occupiers choose the office spaces based on three main objectives: [Read more…]

Skyscrapers- Accommodating India’s Population Explosion

India is a fast developing country, with more and more people moving to cities in want of a better lifestyle and numerous job opportunities. With urbanization being the trend, shortage of land and an increase in the number of inhabitants has given rise to the concept of high-rise buildings. Moreover this concept seems to be the need of the hour. Skyscrapers are the future of Indian real estate. Today instead of building individual houses, authorities have decided to let the cities grow vertically. There is enough demand for high-rises in both the residential and commercial sector.

Skyscrapers- Accommodating India’s Population Explosion

Skyscrapers- Accommodating India’s Population Explosion

This concept has gathered steam not only in Delhi and NCR but also in other parts of the country. Urbanization is an unstoppable phenomenon that is the key to social and economic development, assuming particular importance in developing countries, especially India. Keeping in mind the limited land available to accommodate the growing inhabitants, the cities have to be planned properly and better than before. So the only way is to go upwards. It is a significant step in the right direction by harnessing technology so people can enjoy a good life-style which is sustainable and environmentally friendly. [Read more…]