India Property

Real Estate of India is witnessing a demand in commercial and institutional properties in all the major cities of India. India Property market for the rental segment is also recording an increase with residential and commercial growth. Residential rental markets in cities like Mumbai, Bangalore and Delhi-NCR is showing an upward graph. And the commercial rental market in stable in the Indian Property scenario.

The city of Pune witnessed a growth in the realty market as other sectors developed. There was a rise in demand in residential market in this city as migrated population in the city kept on rising, mostly because of work reasons. Even the commercial space rented by offices and retail units are doing a good business in Pune.  

In a recent property report in Pune, the retail realty market in Pune has recorded a stable retail segment. The mall space supply in Pune stood at 2.27 million square feet.  The city is expected to have about one million square feet by the second half of 2012 or early 2013. In the report, the overall India Property retail place was about 20%, which is marginally higher than last quarter.

For other cities of India, the high streets shops have recorded are high increase in rental value as against the malls there. The result reflected the retailer’s interest in high street properties in India. The property in Pune and Gurgaon saw a rise in rent in the high streets shops, about 7 to 8 %.

The rental Property in Pune for the malls were stable as there was sizeable vacancies. For the same, the high streets of MG Road and JM Road in Pune witness an increase in about 8% rentals. This was because of lack of space options. The report also mentioned that the overall vacancy rates of mall are likely to fall as the rentals will remain stable.

Carpets- the highlight of your room!

Decorating your room or adding value to it, is mostly done by the accessories these days. The lamps, lights, sofa-sets, paintings, vases etc make the room more gorgeous and stunning. One other accessory for the room which adds more grace and beauty to the rooms is Carpet. Apart from being the sound absorber and floor mat for rooms, carpets are now- a- days being used to bring the warmth and the comfort quotient in the room. Whether it’s a flat or a bungalow, office or a hotel, carpets have always promised elegance and completeness to the room. Their availability in different colours, the designs, everything about them helps in redefining the look of the room it is being used in.

Whether in a flat, serviced apartment, bungalow, house for rent, one can place a carpet anywhere depending on the requirement. The carpets are also available in different shapes, which make it easily suitable for the room. While choosing a carpet for his home, one has to be very careful and must match the designs and standards of the home. The colours of the walls, the furniture and other interiors should be kept in mind while choosing the designs and colours of the carpet. Also, homes with children should always opt for dark coloured sofa clothing, curtains and carpets so that the stains are not highly visible.

The carpets for different rooms should also be chosen according to the usage of the area. For example silk and shaggy cloth should not be used for rooms with high usage. Wool rugs, jute mats and carpets of such materials should be used so that they don’t get distorted easily. The cleaning part of the carpets should also be done carefully and in a way that it does not take away the grace and elegance of the cloth.

Narela- coming up as the next real estate destination!

The city of Delhi has seen a lot of expansions and developments in its real estate sector. Emergence of the increased demand in the residential and the commercial sector has resulted in the high end growth of the real estate sector in India. Delhi, being the capital is preferred destination for most of the people looking for career, education, or better living opportunities.

 Buying a property in Delhi is the aim of a large number of people. To fulfil the dream of as many people possible, the realtors in Delhi are launching many new projects. The latest invention of the realty sector is Narela area of north- west Delhi. The area is not properly developed right now but, soon there would a number of residential and commercial properties and projects coming up in the area.

Currently an unauthorised industrial region of the city would soon be shaped into a residential and commercial hub of the capital city. According to experts, this is a result of saturation in property in Delhi in other areas. People are looking for more options in the city and in such situations the demand of real estate in areas like Narela are growing up.

In fact, the property prices of these areas have increased to 5- 10% in last few months. Due to its location near already developed regions like Rohini and Kundli, the demand for properties in Narela is gearing up. There are plots by DDA also in the area, which is a proof that the city is already on a spree of development. As per the proposed metro plans, the area is also destined to witness metro connectivity soon.

All these factors have added stars to the growth of the real estate India and are making it possible for every citizen to have a home of his own.

Southern Cities of India attracts Realty Investors

Delhi and NCR in the north, Mumbai and Pune in west and Calcutta in east are hot destinations to invest in the present times. Realty experts vouch for these cities for home buying and property investment purposes. Real Estate India in the present times is booming after a period of lull. Business activities across these cities are growing rapidly. Residential and Commercial properties are finding many takers.

But what about the southern cities, which are also part of real estate India. Off late, the cities in South India such as Chennai, Hyderabad and of course Bangalore have created a special place in the real estate market of India. Realty experts in the country are keen on investing in projects in these cities. Foreign investors are also tapping the southern market like never before.

South Indian Cities offers 45% of the total office space. This is expected to increase, particularly in cities like Hyderabad and Bangalore where IT MNCs are setting up branches. In the realty sector, these cities are expected of grow at about 20%.

The residential property market in India for southern markets was resilient in the past few years. Significant sales are recorded in Delhi-NCR and Mumbai region. But many new projects are coming up in these cities. Bangalore is coming with new residential projects, which feature excellent amenities. Other southern cities, which are featuring in the Real Estate India map, are Coimbatore, Vishakhapatnam, Kochi and Mysore. These are becoming the next hubs of real estate sector. Foreign investors have started investing in these locations. These cities have low realty prices, which is a good thing for investors. Nevertheless, with closeness to other big cities of South India, these cities are soon expected to boom in the realty market.